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Software · head to head

Fiken vs Wise Business

Fiken logo

Fiken

Software

Norwegian accounting software for sole proprietors and small companies

From
On request
Rated
-
Full reviewWebsite
Wise Business logo

Wise Business

Software

The smart way to send and receive business payments

From
$29/month
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Fiken core functions beyond basic bookkeeping are unbundled add-ons billed separately, including bank connection, API access and payroll at 69-99 kr/month each on top of the 219 kr/month base plan (NOK); Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP

Where they differ

Only the attributes on which Fiken and Wise Business actually diverge.

Attributes where Fiken and Wise Business differ
AttributeFikenWise Business
Starting priceOn request$29/month
Pricing modelsubscriptionusage-based
PlatformsWebWeb, Ios, Android, Api
FoundedUnknown2011

Identical on both: free tier (No), 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 Fiken

Nothing recorded that Wise Business does not also cover.

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.

Fiken

No use cases recorded yet. See the Fiken review.

Wise Business

  • Holding and converting multiple currencies as a businessnot Fiken
  • Paying international suppliers and contractors at the mid market ratenot Fiken
  • Receiving payments into local currency account details in several countriesnot Fiken

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Fiken

  • Core functions beyond basic bookkeeping are unbundled add-ons billed separately, including bank connection, API access and payroll at 69-99 kr/month each on top of the 219 kr/month base plan (NOK)
  • Tax filing is a separate annual add-on costing 1,290 kr for sole proprietors or 1,590 kr for AS companies, not included in the monthly subscription (NOK)

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

Fiken

On request

No published plan breakdown. See the Fiken review.

Wise Business

$29/month
  • StandardFree
    • Multi-currency account
    • Real exchange rate
    • Batch payments

Which should you pick?

Choose Fiken if

Nothing in the data separates Fiken from Wise Business on the points above - pick on price and on how each one feels to use.

Fiken review

Choose Wise Business if

  • You need multi-currency accounts.
  • You work on Web, Ios, Android, Api.
  • You also want international transfers.
Wise Business review

Questions people ask

Is Fiken or Wise Business better?
Neither clearly leads. Fiken starts at On request and Wise Business at $29/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Fiken or Wise Business?
Fiken starts at On request and Wise Business at $29/month.
Does Fiken or Wise Business run on more platforms?
Fiken runs on Web. Wise Business runs on Web, Ios, Android, Api.
What can Fiken do that Wise Business cannot?
Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.
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Related pages

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