Column vs Modulr
Column
column.com
Modulr
modulrfinance.comSide by side
| Figure | Column | Modulr |
|---|---|---|
| Price from | — | £16.25/mo |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | Yes | Yes |
| Plans published | 0 | 12 |
| Spec score · Banking-as-a-Service Platforms | 7.7 (#12) | 8.5 (#4) |
| Accounts | Column supports programmable checking, savings, trust, subledger, clearing, and sweep accounts, and says these accounts are FDIC-insured. | Accounts are available in GBP, EUR and nine other currencies, with local IBANs in GB, NL, ES, FR and IE. |
| Cards | Column offers debit, credit, unsecured, charge, and secured card programs, with options to use its balance sheet or the customer’s own. | The cards product supports single-use virtual cards, configurable controls and managed physical card programmes on Visa and Mastercard. |
| Founded | 2019 | 2016 |
| Headquarters | San Francisco, United States | London, United Kingdom |
| Integrations | Column says its card issuing connects to Visa and Mastercard and supports mobile wallets including Apple Pay, Google Pay, Samsung Pay, and Garmin Pay. | Modulr's integrations hub connects with more than 20 accounting and payroll systems, including Sage, Xero and BrightPay. |
| Payments | Its payment products use connections to the Federal Reserve, The Clearing House, SWIFT, and card networks to move money to bank accounts in the United States or globally. | The platform supports instant GBP and EUR pay-ins and pay-outs, CHAPS, Bacs, SEPA and SWIFT payment services. |
| Security | Column says its security program follows guidance from NIST and FFIEC and is subject to governmental audits and independent third-party assessments. | 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 | Column’s developer documentation lists [email protected] for feedback and [email protected] for technical support. | The site provides customer support, fraud support and a service status page. |
| What it does | Column provides banking infrastructure and APIs for companies building financial products, including payment processing and lending platforms. | Modulr automates payroll, supplier payments, collections and other business money flows through portals and APIs. |
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
Column
Column is a nationally chartered bank providing banking infrastructure and APIs for companies building financial products. Its payment connections include the Federal Reserve, The Clearing House, SWIFT and card networks, for moving money in the United States and globally. APIs support checking, savings, trust, subledger, clearing and sweep accounts, including multiple account numbers for a single account. Column says its programmatically created bank accounts are FDIC-insured.
Companies can launch debit, credit, unsecured, charge or secured card programs, using their own balance sheet or Column’s. Lending offerings include credit origination, warehouse and forward flow facilities, with dedicated funding for lending programs. Column also describes support for USDC and USDT, accounts and cards for verified customers globally, and foreign-currency accounts with conversion to and from U.S. dollars. Its card issuing connects to Visa and Mastercard and supports Apple Pay, Google Pay, Samsung Pay and Garmin Pay. Developers can use API documentation, a sandbox and payment workflow guides. Column says its security program follows NIST and FFIEC guidance and is subject to governmental audits and independent third-party assessments. Pricing is on request; prospective customers are directed to contact sales.
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.