Modulr vs Stripe Treasury
Modulr
modulrfinance.comStripe Treasury
stripe.comSide by side
| Figure | Modulr | Stripe Treasury |
|---|---|---|
| Price from | £16.25/mo | Free |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 12 | 8 |
| Spec score · Banking-as-a-Service Platforms | 8.5 (#4) | 8.7 (#2) |
| Cards | The cards product supports single-use virtual cards, configurable controls and managed physical card programmes on Visa and Mastercard. | Treasury includes virtual and physical debit cards with spending controls, real-time authorization and cardholder management. |
| Headquarters | London, United Kingdom | South San Francisco, California, and Dublin, Ireland |
| Purpose | Modulr provides a single platform for automating how money moves into and out of a business. | Stripe Treasury combines banking and payments so businesses can receive, store, send, and spend funds in one place. |
| Rating on Apple App Store | The listing says there are not enough ratings or reviews to display an overview. | 4.7 out of 5 from 69K ratings |
| Rating on Capterra | 4.0 out of 5 from 1 review | 4.6 out of 5 from 3,381 reviews |
| Rating on G2 | 5.0 out of 5 from 1 review | 4.4 out of 5 from 1,266 reviews |
| Rating on GetApp | 4.0 out of 5 from 1 review | 4.6 out of 5 from 3,387 reviews |
| Rating on Trustpilot | 4.6 out of 5 from 161 reviews | 1.5 out of 5 from 18K reviews (17,547 all reviews shown) |
| Security controls | Modulr states that customer portal access uses unique usernames, strong passwords and Twilio Authy multi-factor authentication. | Stripe states that it is PCI DSS Level 1, provides SOC reports on request, encrypts data in transit and at rest, and uses mutual TLS internally. |
| What it does | Modulr automates payroll, supplier payments, collections and other business money flows through portals and APIs. | Stripe Treasury combines business banking and payments so companies can receive, hold, send and spend money in Stripe. |
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
Stripe Treasury
- ACH fundingFree
- TreasuryFree
- Treasury accountFree
- Treasury cardsFree
- Instant currency conversion$0.50, paid once
- Domestic payout$1.50, paid once
- International payout$1.50, paid once
- Wire funding$2, paid once
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.
Stripe Treasury
Stripe Treasury combines banking and payments functions so businesses can receive, store, send, and spend funds in one place. Stripe says businesses can open an account in minutes and access settled Stripe payment balances instantly. The service supports USD, OUSD, GBP, and EUR balances, instant currency conversion starting at 0.5% of the converted amount, and payouts to 160+ countries through traditional and stablecoin networks; payout and FX fees may apply. Virtual and physical debit cards include spending limits, reporting, real-time authorization controls, and 2% cashback, subject to exclusions for cash-like, high-risk resale, gambling, and government payment transactions. Xero and QuickBooks integrations, balance and transaction reporting, and automated reconciliation support accounting workflows. Treasury also supports agent workflows through Stripe’s Model Context Protocol, including paying invoices, moving funds, converting currencies, and issuing cards. ACH funding is included, wire funding is $2.00 per wire, and there are no storage fees or minimum balance requirements. Stripe is a financial technology company, not a bank; checking accounts are provided exclusively by Fifth Third Bank, National Association. Eligible USD funds there may be insured up to $250,000 per depositor, per institution, subject to conditions.