Software · head to head
Folk vs Wise Business

Wise Business
Software
The smart way to send and receive business payments
- From
- $29/month
- Rated
- -
The short version
- Only Folk has a free tier, so it costs nothing to try first.
- Each has a real cost: Folk no native mobile app, only works through mobile browser which is not optimized for phones; Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP
- They diverge on capability: Folk covers Contact management, Wise Business covers Multi-currency accounts.
Where they differ
Only the attributes on which Folk and Wise Business actually diverge.
| Attribute | Folk | Wise Business |
|---|---|---|
| Starting price | Free | $29/month |
| Pricing model | Unknown | usage-based |
| Free tier | Yes | No |
| Platforms | Web | Web, Ios, Android, Api |
| Founded | 2020 | 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 Folk
- Contact management
- Email tracking
- Mail merge
- Chrome extension
- Tags & groups
- Notes & activities
- Import/export
- Search & filters
Only in Wise Business
- Multi-currency accounts
- International transfers
- Batch payments
- API access
- Team management
- Xero
- QuickBooks
- Various
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
Folk
- Contact managementnot Wise Business
- Sales outreachnot Wise Business
- Networkingnot Wise Business
- Recruitmentnot Wise Business
- Investor relationsnot Wise Business
Wise Business
- Holding and converting multiple currencies as a businessnot Folk
- Paying international suppliers and contractors at the mid market ratenot Folk
- Receiving payments into local currency account details in several countriesnot Folk
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
Folk
- No native mobile app, only works through mobile browser which is not optimized for phones
- Limited workflow automation capabilities compared to enterprise CRMs
- No automatic phone call tracking, requires manual entry
- Limited reporting and analytics features
- Monthly caps on email sends and enrichment credits on lower tiers
- LinkedIn Chrome extension sometimes has synchronization problems
- Email sent through Folk sometimes doesn't appear as sent in user's Outlook account
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
Folk
Free- Standard$24/month
- Pipeline management
- Email campaigns
- Contact enrichment
- Premium$48/month
- Custom objects
- Email sequences
- Dashboards
- Enterprise$80/month
- Dedicated account manager
- Custom integrations
- Priority support
Wise Business
$29/month- StandardFree
- Multi-currency account
- Real exchange rate
- Batch payments
Which should you pick?
Choose Folk if
- You need contact management.
- You want to start without paying.
- You also want email tracking.
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 Folk or Wise Business better?
- Neither clearly leads. Folk 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, Folk or Wise Business?
- Folk has a free tier; the other does not. Paid plans start at Free for Folk and $29/month for Wise Business.
- Does Folk or Wise Business run on more platforms?
- Folk runs on Web. Wise Business runs on Web, Ios, Android, Api.
- Can I use Folk for free?
- Yes. Folk has a free tier, so you can try it without paying. Wise Business starts at $29/month.
- What is Folk best used for?
- Folk is most often used for contact management, sales outreach, networking, recruitment. Of those, contact management and sales outreach are not what Wise Business is typically brought in for.
- What can Folk do that Wise Business cannot?
- Folk covers Contact management, Email tracking, Mail merge, Chrome extension. Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access. Both handle Web support.
Answered from the vendors’ own pages
Folk: What are Folk's pricing plans?
Folk offers three plans: Standard at $24/month per member (billed annually), Premium at $48/month with custom objects and email sequences, and Enterprise from $80/month with advanced security and dedicated support. New workspaces get a 2-week free trial with all Premium features.
SourceFolk: Does Folk offer a mobile app?
Folk does not have native iOS or Android apps. The web interface technically works on mobile browsers but is built primarily for desktop use.
SourceFolk: Does Folk track phone calls automatically?
No, Folk does not automatically track phone calls. All call interactions must be manually entered into the system.
SourceFolk: What integrations does Folk support?
Folk supports over 5,000 integrations through platforms like Zapier and Make. It includes native email, calendar, and WhatsApp sync, LinkedIn extension, and can enrich contact data using its built-in enrichment tool.
SourceRelated pages
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