Modulr
7.2#3 in banking-as-a-service platformsFrom £16.25 a monthAndroidiOSWebAPI
VisitModulr vs OpenPayd
What both publish
| Fact | Modulr | OpenPayd |
|---|---|---|
| Founded | 2016 | 2018 |
| Headquarters | London, United Kingdom | London, United Kingdom |
| Integrations | Modulr's integrations hub connects with more than 20 accounting and payroll systems, including Sage, Xero and BrightPay. | OpenPayd is integrated with Circle Payments Network for near-instant cross-border fiat payments to businesses. |
| Payments | The platform supports instant GBP and EUR pay-ins and pay-outs, CHAPS, Bacs, SEPA and SWIFT payment services. | The platform supports domestic, international, and real-time payments through its global payments network. |
| Regulation | Modulr says it is licensed as an electronic money institution by the FCA in the UK and DNB in the Netherlands. | OpenPayd says its UK fiat services are provided by an FCA-authorised electronic money institution and its Malta financial institution is regulated by MFSA. |
Modulr plans
- Payroll Payments Bronze£16.25 a month
- Accounts Payable and Spend Management Bronze£20 a month
- Bronze£30 a month
- Bundle Bronze£30 a month
- Payroll Payments Silver£67.20 a month
- Accounts Payable and Spend Management Silver£75 a month
OpenPayd plans
- Bespoke pricingPriced on request
Pick Modulr if…
Modulr suits businesses seeking payment, account, card, or collections infrastructure, including companies in travel, lending, merchant payments, and investment and wealth. Its API and sandbox may also suit teams building payment workflows.
Pick OpenPayd if…
It is intended exclusively for corporate clients needing embedded financial accounts, payments, wallets, or digital-asset services. Individuals and consumers cannot use OpenPayd directly.