Softwr

Software · head to head

Wise Business vs FreeAgent

Wise Business logo

Wise Business

Software

The smart way to send and receive business payments

From
$29/month
Rated
-
Full reviewWebsite
F

FreeAgent

Software

Accounting software for small businesses and freelancers

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Wise Business opening a Wise Business account in the UK carries a one off setup fee of 50 GBP; FreeAgent priced in GBP from around £10 to £13.75 per month, and the software is built around UK tax rules (VAT, Self Assessment) rather than other jurisdictions

Where they differ

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

Attributes where Wise Business and FreeAgent differ
AttributeWise BusinessFreeAgent
Starting price$29/monthOn request
Pricing modelusage-basedsubscription
PlatformsWeb, Ios, Android, ApiWeb
Founded2011Unknown

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 Wise Business

  • Multi-currency accounts
  • International transfers
  • Batch payments
  • API access
  • Team management
  • Xero
  • QuickBooks
  • Various

Only in FreeAgent

Nothing recorded that Wise Business does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Wise Business

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

FreeAgent

No use cases recorded yet. See the FreeAgent review.

Where each one falls short

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

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

FreeAgent

  • Priced in GBP from around £10 to £13.75 per month, and the software is built around UK tax rules (VAT, Self Assessment) rather than other jurisdictions

Pricing, plan by plan

Wise Business

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

FreeAgent

On request

No published plan breakdown. See the FreeAgent review.

Which should you pick?

Choose Wise Business if

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

Choose FreeAgent if

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

FreeAgent review

Questions people ask

Is Wise Business or FreeAgent better?
Neither clearly leads. Wise Business starts at $29/month and FreeAgent at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Wise Business or FreeAgent?
Wise Business starts at $29/month and FreeAgent at On request.
Does Wise Business or FreeAgent run on more platforms?
Wise Business runs on Web, Ios, Android, Api. FreeAgent runs on Web.
What is Wise Business best used for?
Wise Business is most often used for holding and converting multiple currencies as a business, paying international suppliers and contractors at the mid market rate, receiving payments into local currency account details in several countries. Of those, holding and converting multiple currencies as a business and paying international suppliers and contractors at the mid market rate are not what FreeAgent is typically brought in for.
What can Wise Business do that FreeAgent cannot?
Wise Business covers Multi-currency accounts, International transfers, Batch payments, API access.
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Wise Business

More on FreeAgent

Keep looking

Other head to heads