Modulr vs Swan Cards
Modulr
modulrfinance.comSwan Cards
swan.ioSide by side
| Figure | Modulr | Swan Cards |
|---|---|---|
| Price from | £16.25/mo | €900/mo |
| Free plan | — | Yes |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | — | Yes |
| Plans published | 12 | 4 |
| Spec score · Banking-as-a-Service Platforms | 8.5 (#4) | 8.8 (#1) |
| API | Modulr offers API documentation, developer guides and sandbox access. | Swan exposes a GraphQL API for accounts, cards, transactions and other banking actions. |
| Company size | LinkedIn lists Modulr as a privately held financial-services company with 201–500 employees. | LinkedIn lists Swan as privately held, founded in 2019, headquartered in Paris and employing 201–500 people. |
| Founded | 2016 | 2019 |
| Headquarters | London, United Kingdom | Paris, France |
| Integrations | Modulr's integrations hub connects with more than 20 accounting and payroll systems, including Sage, Xero and BrightPay. | Swan offers a GraphQL API, a ready-made web banking interface, and an open-source Swan Banking Frontend for customized web banking. |
| Praise: support | Trustpilot reviewers repeatedly describe support replies as prompt, knowledgeable and effective. | Trustpilot reviewers repeatedly describe Swan support as fast, clear, professional and effective. |
| Rating on Apple App Store | The listing says there are not enough ratings or reviews to display an overview. | 1.0 out of 5 from 2 ratings on the France listing for Swan. |
| Rating on Capterra | 4.0 out of 5 from 1 review | 3.0 out of 5 from 6 reviews. |
| Rating on G2 | 5.0 out of 5 from 1 review | 4.5 out of 5 from 1 review. |
| Rating on GetApp | 4.0 out of 5 from 1 review | 3.0 out of 5 from 6 reviews. |
| Rating on Trustpilot | 4.6 out of 5 from 161 reviews | 4.0 out of 5 from 454 reviews. |
| Security | Modulr says its cloud-first platform is designed for scale and security and displays ISO, BSI, Cyber Essentials and PCI marks on its site. | Sensitive card-related changes require consent, and Swan cards support 3-D Secure for online payments. |
| Support | The site provides customer support, fraud support and a service status page. | The support center covers onboarding, identifications, accounts, cards, transfers, direct debit, merchants and Tap to Pay. |
| What it does | Modulr automates payroll, supplier payments, collections and other business money flows through portals and APIs. | Swan lets companies embed bank accounts, cards and payments inside their own products. |
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
Swan Cards
- SandboxFree
- Swan€900 a month
- Swan on demand€2,990 a month
- Swan EnterprisePriced on request
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.
Swan Cards
Swan Cards provides embedded banking features—accounts, cards, and payments—for companies integrating financial services into their own products. Swan presents its platform to European software companies adding white-labeled banking. Its Mastercard debit cards come in virtual, physical, and digital formats, including single-use virtual cards. They can be added to Apple Wallet and Google Wallet for NFC payments; other digital wallets are not supported. Partners can set spending limits and payment rules based on amount, currency, merchant, city, or country. Card packages have different spending limits and FX fees: Standard, Essential, and Premium list €10,000, €40,000, and €100,000 limits, with fees of 2%, 1%, and 0%, respectively. Swan offers a GraphQL API, a ready-made web banking interface, and an open-source frontend for customization. API calls must originate from a partner’s backend, not a frontend app. The free Sandbox uses fake accounts, cards, and payments. Paid service starts at €2,990/mo.