Astra vs Coriunder
Comparing a full core banking platform against a payments-focused EMI backend.
Core Banking vs EMI Backend
How Does Astra Compare to Coriunder?
Coriunder is a specialist EMI backend built around payment facilitation, balance management, and IBAN operations. Astra is a full-stack core banking platform covering the same payment operations — and much more. Here is an honest, side-by-side comparison.
| Feature | Astra | Coriunder |
|---|---|---|
| Platform Scope | ✓ Full core banking platform: ledger, portals, transaction management, compliance | Payments-oriented EMI backend; focused on payment facilitation and balance management |
| MNG Portal | ✓ Full management dashboard: real-time transaction metrics, active users, fees, flagged transactions | Back-office tools for balance and IBAN management; limited operational dashboard |
| Client Portal | ✓ Self-service portal: transfers, conversions, cards, reports, account management | No native self-service client portal; customer-facing UI requires custom development |
| Transaction Management | ✓ Payin, Payout, Conversions, Operational, Fees, Reversals — full action set per type | Core payment transactions covered; operational and reversal workflows less comprehensive |
| Payment Facilitation | Supports payin/payout corridors; not positioned as an ISO/PayFac solution | ✓ ISO/PayFac model with merchant sub-seller management and payment facilitation |
| Merchant Sub-Seller Management | Account participants and partner management via unified account hierarchy | ✓ Native merchant sub-seller management and hierarchical merchant structures |
| Bulk Processing | ✓ CSV bulk transfers, payment file upload, multi-transaction batch processing | Batch payment support via API; no native bulk file upload interface |
| Account Management | ✓ Client, internal, partner bank, designated accounts; participants & invitations | IBAN management and balance accounts; limited account type depth |
| Multi-Currency | Real-time FX rates, conversion settlement, currency blocking, FX operations | Multi-currency balance management; FX conversion support |
| 4-Eyes Maker-Checker | ✓ Mandatory dual-approval for high-value and sensitive transactions | No native maker-checker; approval workflows require custom configuration |
| Ledger | ✓ High-performance double-entry accounting with full audit trail | Balance management ledger; not a full double-entry accounting engine |
| Recurring Payments | Automated scheduling with configurable rules and failure handling | Recurring billing supported for merchant payment flows |
| Invoice Generation | ✓ Native invoice creation, sending, and tracking | No native invoice module |
| Fee Management | Configurable fees, spreads, commissions, and partner bank fees per corridor | Fee management for merchant processing and payment facilitation |
| Reports | ✓ 18 report types: FX, Ledger, Safeguarding, Screening Alerts, Balances, and more | Transaction and settlement reports; limited regulatory reporting depth |
| Corridor Services | ✓ Automatic service selection based on destination and currency | Payment routing available; corridor automation less configurable |
| Roles & Permissions | ✓ Role management with action-based permissions for MNG and Client portals | Role-based access available in back-office; portal permissions limited |
| Mobile Apps | Web-based management and client portals accessible from any device; responsive design for mobile access | No native mobile apps included |
| Deployment | ✓ Private cloud, on-premise, or hybrid | SaaS-first deployment; on-premise options limited |
| Pricing Model | ✓ Licence-based, predictable, volume-independent costs | SaaS subscription with transaction-based fees; costs scale with volume |
| Source Code Access | ✓ Full source code access, unlimited customisation | No source code access; SaaS white-label only |
| Compliance | ✓ ISO 27001:2022 certified, 17 jurisdictions | PCI DSS compliant; EMI-focused regulatory compliance; fewer jurisdictions |
| API | ✓ Full REST API with developer portal, documented and versioned | REST API for payment facilitation; documentation scope varies |
| Transaction Routing | Corridor-based routing with integration corridor link management | Smart routing for payment processing and acquirer selection |
| AI Chatbot | ✓ Built-in AI assistant for instant operational answers | No native AI chatbot |
| Payment Processor Network | ✓ 12+ integrated payment processors including ClearBank, Banking Circle, Modulr, and regional providers | Payment processor integrations available; network scope more limited |
| Admin Portal | ✓ Full admin portal with user management, system configuration, audit logs, and operational controls | Back-office admin tools available; portal depth limited compared to full admin suite |
| IBAN & SWIFT Validation | ✓ Built-in IBAN structure validation and SWIFT/BIC code verification on all payment flows | IBAN management available; validation depth varies |
| Conversion Settlement | ✓ Dedicated conversion settlement module with real-time FX execution and automated reconciliation | FX conversion support available; no dedicated settlement module |
The Astra Advantage
Why Choose Astra
A Full Banking Platform, Not Just Payments
Coriunder is built around payment facilitation. Astra is a complete core banking platform — with double-entry ledger, multi-currency management, client portals, reporting, and compliance built in from day one.
Client-Facing Portals Included
Coriunder focuses on back-office payment operations, leaving client-facing development to you. Astra ships with a fully built Client Portal and MNG Portal, so your customers can self-serve from launch.
Regulatory Reporting at Depth
18 dedicated report types — including Safeguarding Balance, Screening Alerts, and FX reports — give regulated EMIs and PSPs the compliance reporting visibility that payment backends alone cannot provide.
Full Ownership, Flexible Deployment
With full source code access and private cloud or on-premise deployment options, Astra puts your institution in full control of its platform, data, and regulatory compliance posture.
Ready to See Astra in Action?
Request a personalised demo and see how Astra compares to your current platform.