Baasic vs Modulr
Baasic
baasic.com.br
Modulr
modulrfinance.comSide by side
| Figure | Baasic | Modulr |
|---|---|---|
| Price from | — | £16.25/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | — | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 1 | 12 |
| Spec score · Banking-as-a-Service Platforms | 7.9 (#8) | 8.5 (#4) |
| Accounts | Digital account features include integrated KYC, real-time balances and statements, Pix, boleto and transfers, event webhooks, and an administrative panel. | Accounts are available in GBP, EUR and nine other currencies, with local IBANs in GB, NL, ES, FR and IE. |
| Cards | The card service supports physical and virtual card issuance, configurable limits, real-time authorization rules, and tokenization for digital wallets. | The cards product supports single-use virtual cards, configurable controls and managed physical card programmes on Visa and Mastercard. |
| Integrations | The maker lists QI Tech, BMP, Celcoin, Icatu, and Ouro Preto Investimentos as partner institutions. | Modulr's integrations hub connects with more than 20 accounting and payroll systems, including Sage, Xero and BrightPay. |
| Intended users | Baasic targets software businesses with existing products and customers, including ERPs, CRMs, B2B SaaS companies, fintechs, and marketplaces. | Modulr describes its solutions for businesses of all sizes and for sectors including travel, lending, merchant payments and investment and wealth. |
| Payments | The payments API supports Pix collections, transfers and refunds, registered bank slips, payment splitting, and status webhooks. | The platform supports instant GBP and EUR pay-ins and pay-outs, CHAPS, Bacs, SEPA and SWIFT payment services. |
| Security | The digital account page says customer funds are held by financial institutions regulated by Brazil’s Central Bank. | Modulr says its cloud-first platform is designed for scale and security and displays ISO, BSI, Cyber Essentials and PCI marks on its site. |
| Support | Baasic describes its support as consultative, with a team that understands engineering and business and accompanies the integration. | The site provides customer support, fraud support and a service status page. |
Plans
Modulr
- 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
- Bundle Silver£110 a month
- Silver£110 a month
- Payroll Payments Platinum£300 a month
- Accounts Payable and Spend Management Platinum£320 a month
In their own words
Modulr
Modulr provides a platform for automating money moving into and out of a business. Its listed products cover payroll payments, accounts payable, spend management and collections. Accounts are available in GBP, EUR and nine other currencies, with local IBANs in GB, NL, ES, FR and IE. The platform supports instant GBP and EUR pay-ins and pay-outs, CHAPS, Bacs, SEPA and SWIFT. Businesses can issue virtual and physical Visa and Mastercard cards, with Apple Pay and Google Pay support; controls include spend limits, authorisation windows and merchant category code settings. Listed integrations include BrightPay, Sage, Xero, QuickBooks, Workforce and Conferma, while Sage Intacct is marked as coming soon. Developers have API documentation, guides and sandbox access. Modulr says it is licensed as an electronic money institution by the FCA in the UK and DNB in the Netherlands. It also states that it is not a bank and that customer funds are safeguarded rather than covered by FSCS. Paid plans are listed at £30 a month for Bronze, £110 a month for Silver and £500 a month for Platinum. The service is available on Android, iOS, web and API.