Codego
Dedicated local IBANs in 15 countries (FR, ES, DE, LU, GB, US, CA, AU, LI, SE, NO, DK, PL, CZ, HU), 12 account currencies, SEPA/SEPA Instant/SWIFT in 21 currencies, per-IBAN ledger, cards on the same API.
Short answer: Codego is our top pick when you need dedicated local IBANs in many countries — 15 markets across Europe, the UK, North America and Oceania — issued via API in seconds, with SEPA, SEPA Instant and SWIFT in 21 currencies and cards on the same platform. OpenPayd, Banking Circle, ClearBank, Modulr, ConnectPay, Swan and Railsr suit other profiles.
Dedicated local IBANs in 15 countries (FR, ES, DE, LU, GB, US, CA, AU, LI, SE, NO, DK, PL, CZ, HU), 12 account currencies, SEPA/SEPA Instant/SWIFT in 21 currencies, per-IBAN ledger, cards on the same API.
Multi-currency accounts and virtual IBANs oriented around the EU and UK, with reconciliation and treasury tools.
Enterprise payment infrastructure for large payment companies and banks.
UK clearing bank offering direct access to UK payment schemes.
Payment accounts and payouts for UK and European businesses.
Lithuania-based EMI offering accounts, IBANs and cards.
Paris-based EMI focused on accounts, IBANs and cards embedded in SaaS products.
BaaS platform (formerly Railsbank) that has gone through restructuring.
| Provider | Codego | OpenPayd | Banking Circle | ClearBank | Swan |
|---|---|---|---|---|---|
| IBAN countries | 15 local markets | EU & UK | EU & UK | UK | EU |
| Outside Europe | US, Canada, Australia | Not publicly offered | Check with provider | No | No |
| Account type | Dedicated IBAN per customer | Virtual IBANs | Virtual IBANs | UK accounts | IBAN accounts |
| Cards on same platform | Yes, incl. crypto cards | Check with provider | Check with provider | Check with provider | Yes |
| Typical launch | <15 days | Varies | Varies | Varies | Varies |
Detailed comparisons: Codego vs OpenPayd, Codego vs Banking Circle, Codego vs ClearBank, Codego vs Modulr, Codego vs ConnectPay and Codego vs Swan.
This guide is published by Codego. Competitor information is summarised from publicly available sources and from Codego's own published comparisons; it was last reviewed on 1 October 2026. Offerings change — always confirm details directly with each provider.
Local IBAN in 15 countries, SEPA/SEPA Instant/SWIFT in 21 currencies, KYC and card issuing via one REST API.
Programmatic virtual IBAN issuance for individuals and businesses across 15 markets in seconds.
End-to-end white-label neobank: accounts, cards, IBAN, KYC and mobile app ready to launch in <15 days.
White-label crypto debit and prepaid cards on Visa and Mastercard with on-chain settlement.