Software · head to head
Abstract vs Wise Business

Wise Business
Software
The smart way to send and receive business payments
- From
- $29/month
- Rated
- -
The short version
- Only Abstract has a free tier, so it costs nothing to try first.
- Each has a real cost: Abstract the product appears to be gone. Its documentation path 404s, goabstract.com no longer resolves, and abstract.com now belongs to an unrelated venture capital firm; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
- They diverge on capability: Abstract covers Version control, Wise Business covers Multi-currency accounts.
Where they differ
Only the attributes on which Abstract and Wise Business actually diverge.
| Attribute | Abstract | Wise Business |
|---|---|---|
| Starting price | Free | $29/month |
| Pricing model | subscription | usage-based |
| Free tier | Yes | No |
| Platforms | Macos, Web | Web, Ios, Android, Api |
| Founded | 2015 | 2011 |
Identical on both: user rating (Not yet rated), category (Unknown).
What each one covers
Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.
Only in Abstract
- Version control
- Branching & merging
- Asset library
- Design tokens
- Collaboration
- File management
- Comments
- Activity tracking
Only in Wise Business
- Multi-currency accounts
- International transfers
- Batch payments
- API access
- Team management
- Xero
- QuickBooks
- Various
What people use each for
The jobs each tool is most often brought in to do.
Abstract
- Design systemsnot Wise Business
- Version controlnot Wise Business
- Asset managementnot Wise Business
- Team collaborationnot Wise Business
Wise Business
- Holding and converting multiple currencies as a businessnot Abstract
- Paying international suppliers and contractors at the mid market ratenot Abstract
- Receiving payments into local currency account details in several countriesnot Abstract
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Abstract
- The product appears to be gone. Its documentation path 404s, goabstract.com no longer resolves, and abstract.com now belongs to an unrelated venture capital firm
- Built around Sketch files, so it never covered teams that moved to Figma
Wise Business
- Opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
- Volume discounts on transfers start only above 20,000 GBP equivalent sent per month
Pricing, plan by plan
Abstract
Free- FreeFree
- 1 shared library
- Basic version control
- 2 team members
- Pro$12/month
- Unlimited libraries
- Full version control
- Unlimited team members
- Enterprise$50/month
- Everything in Pro
- Advanced admin controls
- Compliance & security
Wise Business
$29/month- StandardFree
- Multi-currency account
- Real exchange rate
- Batch payments
Which should you pick?
Choose Abstract if
- You need version control.
- You want to start without paying.
- You work on Macos, Web.
- You also want branching & merging.
Choose Wise Business if
- You need multi-currency accounts.
- You work on Web, Ios, Android, Api.
- You also want international transfers.
Questions people ask
- Is Abstract or Wise Business better?
- Neither clearly leads. Abstract starts at Free and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, Abstract or Wise Business?
- Abstract has a free tier; the other does not. Paid plans start at Free for Abstract and $29/month for Wise Business.
- Does Abstract or Wise Business run on more platforms?
- Abstract runs on Macos, Web. Wise Business runs on Web, Ios, Android, Api.
- Can I use Abstract for free?
- Yes. Abstract has a free tier, so you can try it without paying. Wise Business starts at $29/month.
- What is Abstract best used for?
- Abstract is most often used for design systems, version control, asset management, team collaboration. Of those, design systems and version control are not what Wise Business is typically brought in for.
- What can Abstract do that Wise Business cannot?
- Abstract covers Version control, Branching & merging, Asset library, Design tokens. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.
Related pages
More on Wise Business
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- Wise Business vs Zeplin
- Wise Business vs QuickBooks
- Wise Business vs Ramp
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- Wise Business vs Melio
- Wise Business vs ADP
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- Wise Business vs Fyle
- Wise Business vs Payoneer
- Wise Business vs Pleo
- Wise Business vs Sage 50
- Wise Business vs SAP Concur
- Wise Business vs Spendesk
- Wise Business vs Stampli
- Wise Business vs Tipalti
- Wise Business vs Xero
- Wise Business vs Zoho Books
- Wise Business vs Adyen

