Open Banking Specialist vs Fintech Generalist

Why Deep Expertise Beats "Everything-as-a-Service"
While Meld.io spreads across payments, crypto, and bank linking, Quiltt perfects one thing: intelligent financial data. See why engineering

Compare APIs Side-by-SideSee Technical Documentation

The Hidden Cost of
"Stack-as-a-Service" Platforms

🔧 Surface-Level Integration

When you need deep financial data capabilities, generalist platforms give you basic connectivity. You still build the hard parts: data intelligence, enrichment, and user experience.

⚡ Developer Experience Lag

When you need deep financial data capabilities, generalist platforms give you basic connectivity. You still build the hard parts: data intelligence, enrichment, and user experience.

🎯 Feature Gaps

When you need deep financial data capabilities, generalist platforms give you basic connectivity. You still build the hard parts: data intelligence, enrichment, and user experience.

📈 Technical Debt

When you need deep financial data capabilities, generalist platforms give you basic connectivity. You still build the hard parts: data intelligence, enrichment, and user experience.

Specialist vs Generalist:
A Technical Comparison

Capability
Core Focus
API Architecture
Data Intelligence
SDK Coverage
Pre-built UI
Provider Network
Time to Production
Specialist
Financial data aggregation & enrichment
✅ Modern GraphQL with REST fallbacks
✅ Built-in enrichment (FinGoal, Ntropy, Pave)
✅ 6 platforms (React, RN, Flutter, iOS, Android, HTML)
✅ Complete Connector component
✅ MX, Plaid, Finicity, Akoya + enrichment
✅ Hours to days
Generalist
Payments + Crypto + Bank linking
❌  REST API only
❌ Raw data only
❌  Limited SDK support
❌  Crypto Wizard only
30+ providers (unspecified quality)
Days to weeks

Why Your Engineering Team Will Choose Quiltt

Modern API Architecture
Clean GraphQL queries query
GetUserFinancials { profile { connections {
accounts { balance { current available }
transactions(first: 50) { amount description
category enrichment { merchant confidence } } } }
} }
 Multiple REST endpoints GET /connections GET /accounts/:id 
GET /transactions?
account=:id GET /enrichment/transaction/:id // Not available
Data Intelligence Out-of-the-Box
// Quiltt: Enriched data included { "transaction":
{ "amount": -45.67, "description": "UBER TRIP",
"enrichment": { "category": "Transportation",
"merchant": "Uber Technologies", "confidence":
0.95, "tags": ["rideshare", "business_expense"] }
} }
Raw data only { "transaction": {
"amount": -45.67, "description": "UBER TRIP" //
Build your own enrichment } }
Complete SDK Ecosystem
// React: Drop-in component import {
QuilttConnector } from '@quiltt/react'
<QuilttConnector connectorId="conn_123" onSuccess=
{handleConnection} onError={handleError} /> //
React Native, Flutter, iOS, Android SDKs available
Custom implementation required //
Limited SDK support // Build your own UI
components

When Specialization Matters:
Real Engineering Scenarios

Lending Platform
Risk assessment with transaction categorization and income verification
Built-in transaction enrichment reveals spending patterns
Income detection algorithms included
GraphQL queries for complex financial profiles
Ship in days
️Raw transaction data only
Build your own categorization logic
Custom income detection required
️ Ship in months
B2B Fintech Integration
White-label financial data access for enterpriseclients
✅ Real-time balance refresh API
✅ Automatic spending categorization
✅ Merchant data enrichment
✅ React Native SDK for mobile
️ Basic balance data
️ No spending intelligence
️ Limited mobile SDK support
️ Custom UI development required
Personal Finance App
Real-time balance checks with intelligent spending
✅ Embeddable Connector component
✅ Multi-tenant architecture
✅ GraphQL subscriptions for real-time updates
✅ SOC 2 Type 2 compliance
️ Build your own white-label UI
️ Multi-service complexity
️ Webhook-only updates
️ Compliance across multiple domains

Built by Engineers, For Engineers

"We evaluated both Quiltt and Meld.io. Quiltt's GraphQL API and built-in enrichment meant we shipped our MVP in 2 weeks instead of 2 months. When you're building financial products, you want a specialist, not a generalist."

Senior Engineer
Senior Engineer
npm install @quiltt/react
Drop in <QuilttConnector /> component
Query enriched data with GraphQL
Ship to production
API integration across multiple domains
Build custom UI components
Implement data enrichment layer
Ship to production

Enterprise-Grade Architecture

Your App
→ Quiltt Unified API
→ Optimized Provider Selection
→ Enriched Data
Your App
→ Meld API
→ Provider Selection
→ Raw Data
→ Custom Enrichment
→ Your Logic
Security Aspect
SOC 2 Type 2
Data Encryption
Provider Security
Session Management
✅ Certified
✅ End-to-end + column-level
✅ Managed OAuth flows
✅ Ephemeral tokens
Not specified
Standard encryption
Customer-managed
Standard API keys


The Real Cost of "Everything" Platforms

WEEK 1
SDK integration complete
WEEK 2
Enriched data in production
WEEK 3
Advanced features
WEEK 4
3 weeks to full deployment
WEEK 1 - 2
Basic API integration
WEEK 3-6
Custom UI development
WEEK 7-10
Data enrichment implementation
WEEK 11-12
Testing and optimization
TOTAL
12 weeks to equivalent functionality
1 SENIOR ENGINEER
Core integration
0.5 FRONTEND ENGINEER
UI Customization
TOTAL
1.5 Engineers for 3 weeks
1 SENIOR ENGINEER
API Integration
1 FRONTEND ENGINEER
UI Development
WEEK 7-10
Enrichment pipeline
TOTAL
3 Engineers for 12 weeks