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APIs · head to head

Griffin vs Meniga

Griffin logo

Griffin

APIs

UK banking-as-a-service from a company that holds its own full banking licence

From
£100/month
Rated
-
Full reviewWebsite
Meniga logo

Meniga

APIs

White-label personal finance management and data enrichment platform for banks

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Griffin platform banking carries a one-off onboarding fee from 15,000 pounds and a 3,500 pound monthly minimum, which prices out early-stage companies entirely.; Meniga its output quality depends entirely on the transaction data quality the host bank feeds it, so poor underlying data produces poor categorisation and insights regardless of Meniga's own engine.
  • They diverge on capability: Griffin covers Bank accounts by API, Meniga covers Transaction categorisation.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Griffin and Meniga actually diverge.

Attributes where Griffin and Meniga differ
AttributeGriffinMeniga
Starting price£100/monthOn request
Pricing modelPer month with usage drawdownquote
PlatformsWeb, REST APIWeb, iOS, Android

Identical on both: free tier (No), 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 Griffin

  • Bank accounts by API
  • UK payment rails
  • Integrated ledger
  • Automated onboarding
  • Debit cards
  • Interest on balances

Only in Meniga

  • Transaction categorisation
  • Personal finance management
  • Carbon footprint insights
  • Predictive analytics
  • Targeted rewards
  • White-label deployment

What people use each for

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

Griffin

  • A wealth platform that must hold client money in a licensed bank rather than an EMI safeguarding accountnot Meniga
  • A lender wanting UK accounts and payment rails without becoming a bank itselfnot Meniga
  • A fintech burned by sponsor bank instability that wants the deposit holder and the API provider to be the same entitynot Meniga
  • A platform needing sub-account ledgering for pooled client funds with a clean audit trailnot Meniga

Meniga

  • A retail bank wanting personal finance management features added to its existing app without building categorisation in housenot Griffin
  • A bank wanting carbon footprint insight features as a customer-facing sustainability offeringnot Griffin
  • A bank wanting transaction-driven targeted rewards and offers integrated with spending datanot Griffin
  • A bank consolidating PFM and rewards into one white-label vendor rather than running separate point solutionsnot Griffin

Where each one falls short

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

Griffin

  • Platform banking carries a one-off onboarding fee from 15,000 pounds and a 3,500 pound monthly minimum, which prices out early-stage companies entirely.
  • It is UK-only, so a business with European or US operations needs a second banking provider and a second integration for those entities.
  • It is a young bank with a small balance sheet relative to incumbents, and enterprise counterparties still ask hard questions about concentration risk.
  • Holding a banking licence means Griffin applies bank-grade due diligence to its own clients, so onboarding is slower and more selective than an EMI-based provider.
  • Feature breadth is narrower than long-established providers, particularly in card programme management and in payment types beyond core UK rails.

Meniga

  • Its output quality depends entirely on the transaction data quality the host bank feeds it, so poor underlying data produces poor categorisation and insights regardless of Meniga's own engine.
  • Pricing is not published, requiring a licensing negotiation scaled to deployment size.
  • Growth by acquisition, including the Wrapp rewards platform, means a bank evaluating Meniga for PFM specifically may end up being sold a broader bundle including rewards functionality it did not originally want.
  • As a white-label layer rather than a customer-facing brand, its own market reputation and reliability are harder for an end consumer, or even a prospective bank client, to evaluate directly compared with a consumer-facing fintech.
  • It competes with PFM and engagement features increasingly built natively by core banking or engagement platform vendors themselves, such as Backbase, which can reduce the case for a separate specialist layer.

Pricing, plan by plan

Griffin

£100/month
  • Business Banking$100/month
    • From 100 pounds per month
    • Interest or commission from around 1.75 percent AER variable
    • Operational accounts and UK payment rails
  • Platform Banking$3500/month
    • One-off onboarding fee from 15,000 pounds
    • Minimum monthly spend of 3,500 pounds, drawn down by usage
    • Higher committed tiers at 5,000 and 10,000 pounds with discounts
  • Enterprise$undefined/month
    • Custom pricing
    • Bespoke account structures and volumes
    • Negotiated interest or commission share

Meniga

On request
  • Meniga$undefined/year
    • Pricing not published, licensed to banks per deployment scale

Which should you pick?

Choose Griffin if

  • You need bank accounts by api.
  • You work on Web, REST API.
  • You also want uk payment rails.
Griffin review

Choose Meniga if

  • You need transaction categorisation.
  • You work on Web, iOS, Android.
  • You also want personal finance management.
Meniga review

Questions people ask

Is Griffin or Meniga better?
Neither clearly leads. Griffin starts at £100/month and Meniga at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Griffin or Meniga?
Griffin starts at £100/month and Meniga at On request.
Does Griffin or Meniga run on more platforms?
Griffin runs on Web, REST API. Meniga runs on Web, iOS, Android.
What is Griffin best used for?
Griffin is most often used for a wealth platform that must hold client money in a licensed bank rather than an emi safeguarding account, a lender wanting uk accounts and payment rails without becoming a bank itself, a fintech burned by sponsor bank instability that wants the deposit holder and the api provider to be the same entity, a platform needing sub-account ledgering for pooled client funds with a clean audit trail. Of those, a wealth platform that must hold client money in a licensed bank rather than an emi safeguarding account and a lender wanting uk accounts and payment rails without becoming a bank itself are not what Meniga is typically brought in for.
What can Griffin do that Meniga cannot?
Griffin covers Bank accounts by API, UK payment rails, Integrated ledger, Automated onboarding. Meniga covers Transaction categorisation, Personal finance management, Carbon footprint insights, Predictive analytics.

Answered from the vendors’ own pages

Griffin: Is Griffin actually a bank?

Yes. It received a UK banking licence with restrictions in March 2023 and a full licence in March 2024 after exiting mobilisation.

Meniga: Is Meniga a consumer app?

No, it is a white-label platform banks embed into their own branded apps, not sold directly to consumers.

Griffin: What does it cost?

Business banking from 100 pounds a month; platform banking from a 15,000 pound onboarding fee plus a 3,500 pound monthly minimum drawn down by usage.

Meniga: How many banking customers does it reach?

Over 100 million banking customers across roughly 30 countries, through its bank clients.

Griffin: Does it cover Europe?

No. Griffin is a UK bank serving UK accounts and UK payment rails.

Meniga: Does it only do personal finance management?

No, it has expanded through acquisitions like Wrapp into transaction-driven rewards as well as PFM and carbon insights.

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