Modulr vs Vodeno Cloud Platform
Modulr
modulrfinance.com
Vodeno Cloud Platform
vodeno.comSide by side
| Figure | Modulr | Vodeno Cloud Platform |
|---|---|---|
| Price from | £16.25/mo | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | Yes | Yes |
| Android | Yes | Yes |
| API | Yes | Yes |
| Plans published | 12 | 0 |
| Spec score · Banking-as-a-Service Platforms | 8.5 (#4) | 7.0 (#28) |
| Founded | 2016 | 2018 |
| Headquarters | London, United Kingdom | Warsaw, Poland |
| Integrations | Modulr's integrations hub connects with more than 20 accounting and payroll systems, including Sage, Xero and BrightPay. | Vodeno says nearly 90 fintech partners are integrated into the platform to provide end-to-end embedded banking solutions. |
| 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. | Vodeno says ledger activities are chronologically logged, encrypted with customer-specific keys, and linked using blockchain algorithms. |
| Support | The site provides customer support, fraud support and a service status page. | The solutions page describes a 24/7 multilingual Customer Support Centre. |
| What it does | Modulr automates payroll, supplier payments, collections and other business money flows through portals and APIs. | Vodeno Cloud Platform is a cloud-native, API-based Banking-as-a-Service platform for embedding banking services into business ecosystems. |
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.
Vodeno Cloud Platform
Vodeno Cloud Platform is a cloud-native, API-based Banking-as-a-Service platform for banks, licence holders, and businesses embedding banking services in business ecosystems. Its offerings include accounts, onboarding, payments, cards, savings, lending, and Buy Now, Pay Later. A no-code core banking system lets clients define and automate business processes, while a single API integration accesses an ecosystem of nearly 90 integrated partners. For legacy integration patterns such as SOAP or MQ, the platform provides an Integration Bridge. Vodeno describes KYC/AML and anti-fraud management with 500+ controls, and says client activity is logged chronologically, encrypted with customer-specific keys, and linked using blockchain algorithms. Access to Aion Bank's full banking licence is described as supporting services across 15 EU markets; local IBANs are listed for Belgium, Germany, Poland, and Sweden. Customer apps include iOS, Android, and web, with white-label mobile apps available. The platform serves retail and corporate end users through its customers. Pricing is on request.