Open software. Clear pricing. Your choice.
Compare TRISA Envoy, Notabene, Sumsub and VerifyVASP.
Envoy is open-source, encrypted Travel Rule messaging software for VASPs. Inspect it, adapt it and run it yourself, or choose managed hosting from Rotational Labs.
Managed: one node per entity; six-month minimum. Self-hosting requires infrastructure and staff.
At a glance
Cost comparison assumes a production VASP exceeding $10,000 in outgoing transfers per month. Compare paid plans for your expected volume and required features.
Open vs closed describes the software license, not encryption or network reach. Proprietary services can also use peer-to-peer exchange and open standards.
| Feature | TRISA Envoy [1] | Notabene [2–3, 8] | Sumsub [4–5] | VerifyVASP [6–7] |
|---|---|---|---|---|
| Open vs closed | Open source MIT licence |
Closed / proprietary Commercial service licence |
Closed / proprietary Commercial service licence |
Closed / proprietary Commercial SaaS licence |
| Cost | $0 self-hosted license $375/month/node managed; 6-month minimum |
Quote required Usage-based pricing tied to outgoing USD transaction volume |
Volume-based quote | Quote required Base subscription + API usage fees |
| Deployment | Self-host or managed by Rotational Labs | Commercial platform; Rise requires no protocol integration | Commercial platform; SDK / API integration | Licensed platform with customer-side API connectivity |
| Scope | Secure messaging; bring your own KYC, screening and risk processes | Travel Rule workflows and counterparty due diligence | Travel Rule plus broader compliance and analytics integrations | Travel Rule exchange, verification and screening features |
| Connectivity | TRISA + TRP; Sunrise email-assisted fallback. Open to additional protocol integrations. | Multiprotocol approach; verify routes for your counterparties. | Multiple protocols, including GTR, TRP and CODE; email fallback. | Peer-to-peer encrypted exchange; verify specific cross-network routes. |
| Security & encryption | Multi-layer encryption TRISA mTLS; AES-256-GCM payloads; HMAC-SHA256 integrity checks; RSA-OAEP-SHA256 key protection. PII stored in encrypted envelopes. [12] |
Encrypted PII Encryption in transit and at rest; optional customer-managed keys and encrypted PII escrow. [13] |
Encrypted exchange Publishes end-to-end encryption; protection depends on the protocol. Sumsub acts as data processor. [4] |
End-to-end encryption PII encrypted in the sender’s Enclave; only the recipient VASP decrypts it. No central PII storage. [14] |
| Published network size | 65 Mainnet VASPs across 36 countries 100 Testnet participants. 1,500+ compliance contacts via Daybreak. |
2,100+ regulated counterparties in its network. [9] | 2,100+ directory VASPs 400+ reachable VASPs. [10] |
150+ verified member VASPs across 30+ jurisdictions. [11] |
- Encryption controls vary by protocol and deployment; the TRISA mTLS description applies to TRISA exchanges. This row compares published encryption controls, not an independent security rating.
- Counts use different definitions and are not directly comparable. Testnet participants and contact datasets are not production network members. Confirm reachability for your actual counterparties.
Why choose Envoy?
Open software. Protected customer data.
Inspect, customize and self-host MIT-licensed code. Protect customer PII with encrypted peer-to-peer messaging and multi-layer encryption for stored Travel Rule data. No central network repository of customer PII. TRISA is native; TRP works today.
Affordable, predictable messaging
No software license fee to self-host. Managed hosting is $4,500 per node for 12 months at the listed rate, without per-message charges.
Compare total costs, required tools and actual counterparty reach. Envoy is a strict encrypted messaging service, not a complete KYC/ AML solution.
Sources
TRISA-authored comparison of vendor-published information; not independent testing. Capabilities and prices vary by plan and may change. Confirm terms and test your counterparties before purchase.
- Envoy product & FAQ
- Notabene pricing
- Notabene service licence
- Sumsub Travel Rule FAQ
- Sumsub service terms
- VerifyVASP TravelRule API
- VerifyVASP licence & fees
- Notabene TR:Now usage-based pricing
- Notabene network count
- Sumsub directory and reachable VASPs
- VerifyVASP verified membership
- Envoy encryption & key management
- Notabene security & encryption
- VerifyVASP data security FAQ
Keep control of your Travel Rule messaging
Explore deployment options or test Envoy with your team.