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APIs · head to head

Convoy vs Yodlee

Convoy logo

Convoy

APIs

Open source webhooks gateway you self-host, handling both sending and receiving

From
Free
Rated
-
Full reviewWebsite
Yodlee logo

Yodlee

APIs

Long-running financial data aggregation with deep transaction history

From
On request
Rated
-
Full reviewWebsite

The short version

  • Only Convoy has a free tier, so it costs nothing to try first.
  • Each has a real cost: Convoy the default deployment is self-hosted, so you operate Convoy plus Postgres and Redis and carry the on-call burden for the system that delivers your customers' events.; Yodlee ownership has changed twice in two years, from Envestnet to Bain Capital control and then to STG in 2025, so the roadmap is now set by a financial sponsor and long term product direction is harder to rely on than it was.
  • They diverge on capability: Convoy covers Inbound and outbound, Yodlee covers Account aggregation.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Convoy and Yodlee actually diverge.

Attributes where Convoy and Yodlee differ
AttributeConvoyYodlee
Starting priceFreeOn request
Pricing modelPer month, flat rate regardless of volumequote
Free tierYesNo
PlatformsLinux, Docker, Kubernetes, CloudAPI, Web

Identical on both: user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Convoy

  • Inbound and outbound
  • Broker-driven ingestion
  • Payload transformation
  • Portal links
  • Circuit breaking
  • Retry policies
  • OpenTelemetry export
  • Role-based access control

Only in Yodlee

  • Account aggregation
  • Long transaction history
  • Investment and holdings data
  • Account verification
  • Transaction enrichment
  • Cash flow analytics
  • Document retrieval
  • International coverage

What people use each for

The jobs each tool is most often brought in to do.

Convoy

  • A fintech that cannot route customer webhook traffic through a third-party SaaS for compliance reasonsnot Yodlee
  • A high-volume platform for which per-message webhook pricing costs more than the flat premium licencenot Yodlee
  • A team that also receives webhooks from many providers and wants ingestion, verification and deduplication in the same gatewaynot Yodlee
  • An engineering group that wants webhook delivery driven directly from an existing Kafka or SQS topicnot Yodlee

Yodlee

  • A wealth platform that needs held-away brokerage holdings as well as bank balances to show a client their complete positionnot Convoy
  • A lender doing cash flow underwriting that needs several years of transaction history rather than the ninety days newer aggregators returnnot Convoy
  • A financial institution needing statement and tax document retrieval alongside transaction datanot Convoy
  • A firm operating in several countries that wants one aggregator rather than a US provider plus a European onenot Convoy

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Convoy

  • The default deployment is self-hosted, so you operate Convoy plus Postgres and Redis and carry the on-call burden for the system that delivers your customers' events.
  • Frain Technologies is a small startup, and putting customer-facing delivery infrastructure on it means accepting real vendor continuity risk on a component that is hard to swap out quickly.
  • The premium tier at a flat 999 US dollars a month is poor value below substantial volume, while the community edition omits the portal, transformations and RBAC that most production deployments end up wanting.
  • The hosted cloud trial is capped at one project and 100 events a day, which is too small to properly evaluate the service before committing.
  • Documentation and the third-party ecosystem are thinner than the established webhook services, so unusual configurations often mean reading the Go source.

Yodlee

  • Ownership has changed twice in two years, from Envestnet to Bain Capital control and then to STG in 2025, so the roadmap is now set by a financial sponsor and long term product direction is harder to rely on than it was.
  • Parts of the connection estate still depend on credential based access, which banks and regulators are phasing out in favour of FDX APIs, so coverage will shift as institutions withdraw the older method and the migration is not under your control.
  • The platform predates modern API design and developers consistently find the integration heavier and the data model more idiosyncratic than newer aggregators, which lengthens build time.
  • Pricing is enterprise shaped with annual commitments and nothing published, so small and mid sized buyers have no anchor and cannot start without a sales cycle.
  • Investment data, document retrieval and analytics are licensed on top of core aggregation, so the capabilities that justify choosing Yodlee over a cheaper rival are the ones that raise the price above it.

Pricing, plan by plan

Convoy

Free
  • CommunityFree
    • Self-hosted open source gateway
    • Inbound and outbound webhooks
    • Automatic retries and message broker support
  • Premium$999/month
    • Flat rate irrespective of message volume
    • Portal links and payload transformation
    • RBAC, circuit breaking and white labelling
  • Enterprise$undefined/year
    • SAML SSO
    • Dedicated support with SLA
    • On-premises deployment assistance
  • Cloud$undefined/month
    • Hosted by Convoy
    • 14 day trial limited to one project and 100 events a day
    • Usage-based tiers above the trial

Yodlee

On request
  • Yodlee Data Platform$undefined/year
    • Priced by connected users, refresh frequency and data types
    • Investment and document retrieval licensed separately from core aggregation
    • Enterprise agreements with annual commitments

Which should you pick?

Choose Convoy if

  • You need inbound and outbound.
  • You want to start without paying.
  • You work on Linux, Docker, Kubernetes, Cloud.
  • You also want broker-driven ingestion.
Convoy review

Choose Yodlee if

  • You need account aggregation.
  • You work on API, Web.
  • You also want long transaction history.
Yodlee review

Questions people ask

Is Convoy or Yodlee better?
Neither clearly leads. Convoy starts at Free and Yodlee at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Convoy or Yodlee?
Convoy has a free tier; the other does not. Paid plans start at Free for Convoy and On request for Yodlee.
Does Convoy or Yodlee run on more platforms?
Convoy runs on Linux, Docker, Kubernetes, Cloud. Yodlee runs on API, Web.
Can I use Convoy for free?
Yes. Convoy has a free tier, so you can try it without paying. Yodlee starts at On request.
What is Convoy best used for?
Convoy is most often used for a fintech that cannot route customer webhook traffic through a third-party saas for compliance reasons, a high-volume platform for which per-message webhook pricing costs more than the flat premium licence, a team that also receives webhooks from many providers and wants ingestion, verification and deduplication in the same gateway, an engineering group that wants webhook delivery driven directly from an existing kafka or sqs topic. Of those, a fintech that cannot route customer webhook traffic through a third-party saas for compliance reasons and a high-volume platform for which per-message webhook pricing costs more than the flat premium licence are not what Yodlee is typically brought in for.
What can Convoy do that Yodlee cannot?
Convoy covers Inbound and outbound, Broker-driven ingestion, Payload transformation, Portal links. Yodlee covers Account aggregation, Long transaction history, Investment and holdings data, Account verification.

Answered from the vendors’ own pages

Convoy: Is Convoy really open source?

Yes, the community edition is open source and self-hostable, covering both inbound and outbound webhooks with retries.

Yodlee: Who owns Yodlee now?

Private equity firm STG, which acquired it from Envestnet in a deal closing in 2025. Envestnet, itself taken private by Bain Capital and Reverence Capital in 2024, retained access through a partnership.

Convoy: What does premium cost?

A flat 999 US dollars a month, self-hosted, regardless of message volume.

Yodlee: Why choose Yodlee over Plaid?

Longer transaction history, deeper investment and held-away account coverage, and document retrieval. Those are wealth management and underwriting requirements rather than consumer fintech ones.

Convoy: Does it receive webhooks as well as send them?

Yes, inbound ingestion with verification and deduplication is a first-class feature, unlike most webhook services.

Yodlee: Does it still use screen scraping?

Parts of the estate rely on credential based connections, which the industry is phasing out in favour of regulated APIs. Ask for direct API coverage by institution before signing.

Convoy: Do I have to self-host?

No, there is a hosted cloud, but the trial is capped at 100 events a day and self-hosting is the primary model.

Yodlee: Is pricing published?

No. It is quoted by connected users, refresh frequency and data types, with investment data and document retrieval priced separately.

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