APIs · head to head
Hasura vs Toqio
Hasura
APIs
GraphQL engine that instantly creates production-ready GraphQL API from databases
- From
- Free
- Rated
- -
Toqio
APIs
No code platform for building embedded finance products on your own providers
- From
- On request
- Rated
- -
The short version
- Only Hasura has a free tier, so it costs nothing to try first.
- Each has a real cost: Hasura active model definition: model/command accessed more than 1,000 times monthly; Toqio toqio holds no licence and provides no sponsor bank, so you must find, contract and manage regulated providers yourself, which is the slowest part of any embedded finance launch.
- They diverge on capability: Hasura covers GraphQL API, Toqio covers No code product builder.
- Prices and features above were last checked on 1 September 2026.
Where they differ
Only the attributes on which Hasura and Toqio actually diverge.
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 Hasura
- GraphQL API
- Real-time subscriptions
- Access control
- PostgreSQL
- MySQL
- Webhooks
- REST APIs
- Cloud support
Only in Toqio
- No code product builder
- Provider orchestration
- Account and card modules
- Embedded financing
- Back office tooling
- Multi entity and multi brand
- White label mobile apps
- Marketplace of providers
What people use each for
The jobs each tool is most often brought in to do.
Hasura
- Automatic GraphQL API generation from existing databasesnot Toqio
- Real-time data subscriptions for modern applicationsnot Toqio
- Backend infrastructure for web and mobile applicationsnot Toqio
- Event-triggered webhooks for database changesnot Toqio
Toqio
- A manufacturer offering branded working capital finance to its dealer networknot Hasura
- A B2B marketplace launching accounts and cards for its sellers without becoming regulated itselfnot Hasura
- A corporate that wants to switch card issuer without rebuilding its customer facing productnot Hasura
- A group launching the same embedded finance product across several markets with different local providersnot Hasura
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Hasura
- Active model definition: model/command accessed more than 1,000 times monthly
- Private DDN requires Base or Advanced plan
Toqio
- Toqio holds no licence and provides no sponsor bank, so you must find, contract and manage regulated providers yourself, which is the slowest part of any embedded finance launch.
- Because it orchestrates rather than provides, the customer experience is only as good as the underlying bank or issuer, and Toqio cannot fix a partner's settlement delays or outages.
- Pricing is quoted with no public rate card, so comparing it against building in house or against a bundled banking as a service provider requires a full sales process.
- With around EUR 30 million raised in total it is a small supplier to underpin a financial product a large corporate expects to run for a decade, which raises real continuity questions in procurement.
- No code configuration covers standard patterns well but bespoke customer journeys eventually require custom development, at which point the main advantage over building directly on provider APIs narrows.
Pricing, plan by plan
Hasura
Free- DDN FreeFree
- Unlimited models
- 1 supergraph developer
- 15-minute observability retention
- DDN Base$5/month
- Per active model billing
- Unlimited developers
- 30-day observability retention
- DDN Advanced$30/month
- Per active model billing
- Federated collaboration
- Multi-repo CI/CD
Toqio
On request- Toqio platform$undefined/year
- Quoted per customer, typically setup plus recurring platform fee
- Regulated provider fees are separate and contracted by you
- Card interchange and lending economics belong to your provider agreements
Which should you pick?
Choose Hasura if
- You need graphql api.
- You want to start without paying.
- You also want real-time subscriptions.
Choose Toqio if
- You need no code product builder.
- You work on Web, iOS, Android, API.
- You also want provider orchestration.
Questions people ask
- Is Hasura or Toqio better?
- Neither clearly leads. Hasura starts at Free and Toqio at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Hasura or Toqio?
- Hasura has a free tier; the other does not. Paid plans start at Free for Hasura and On request for Toqio.
- Does Hasura or Toqio run on more platforms?
- Hasura runs on Web. Toqio runs on Web, iOS, Android, API.
- Can I use Hasura for free?
- Yes. Hasura has a free tier, so you can try it without paying. Toqio starts at On request.
- What is Hasura best used for?
- Hasura is most often used for automatic graphql api generation from existing databases, real-time data subscriptions for modern applications, backend infrastructure for web and mobile applications, event-triggered webhooks for database changes. Of those, automatic graphql api generation from existing databases and real-time data subscriptions for modern applications are not what Toqio is typically brought in for.
- What can Hasura do that Toqio cannot?
- Hasura covers GraphQL API, Real-time subscriptions, Access control, PostgreSQL. Toqio covers No code product builder, Provider orchestration, Account and card modules, Embedded financing.
Answered from the vendors’ own pages
Hasura: How much does Hasura cost?
Hasura DDN Free is free. DDN Base starts at $5/active model/month, and DDN Advanced starts at $30/active model/month.
SourceToqio: Does Toqio provide the banking licence?
No, deliberately. You contract your own bank, issuer or lender, which is why you can replace them without rebuilding the product.
Hasura: What is an active model in Hasura pricing?
An active model is defined as any model or command accessed more than 1,000 times monthly.
SourceToqio: Who is it aimed at?
Large corporates and B2B ecosystem operators embedding finance for suppliers, dealers or marketplace sellers, not consumer fintech startups.
Hasura: Is there a free version of Hasura?
Yes, Hasura DDN Free is always free and includes unlimited models, 1 supergraph developer, and 15-minute observability retention.
SourceToqio: How much does it cost?
Not published. Expect a setup fee plus a recurring platform fee, with all regulated provider costs on top and separately contracted.
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