Unit Alternative
Compare NAYA vs Unit for building fintech products.
Why switch to NAYA?
Unit is a Banking-as-a-Service (BaaS) provider that offers checking accounts and cards. NAYA is a financial infrastructure platform that works with any bank or BaaS. Choose NAYA if you want to own your ledger and have the flexibility to switch banking partners.
Cons of Unit
- ✕Vendor lock-in: You are tied to Unit's partner banks.
- ✕Hard to migrate off once you build on their specific ledger.
- ✕Revenue share models can eat into your margins.
Pros of NAYA
- ✓Bank Agnostic: Bring your own bank or BaaS partner.
- ✓Own your data: Your ledger lives with you, not the bank.
- ✓Flexible: Build any financial product, not just what Unit supports.
Key Differentiators
Bank Agnostic
NAYA connects to any bank. Unit requires you to use their specific partner banks.
Ledger Ownership
With NAYA, you own the system of record. With Unit, the ledger is tied to their platform.
Frequently Asked Questions
Is NAYA a BaaS provider?
No, NAYA is the infrastructure layer that sits between your product and the bank (or BaaS). We help you manage the data and money movement, but we don't hold the funds.