12 Best Bond Alternatives & Competitors (2026)

Ramp combines corporate cards with automated accounting and savings features. Its AI-driven categorization reduces manual finance work. Against Modernbanc, Ramp is stronger on expense optimization than on developer-centric banking APIs or ledgers.

Stripe delivers payments and banking infrastructure APIs used by millions of businesses. It excels in global payment processing and billing automation with extensive documentation. Compared to Modernbanc, Stripe offers broader out-of-the-box payment methods and a more mature ecosystem but may involve higher complexity for pure ledger-focused teams.

Stripe delivers payments and banking infrastructure APIs used by millions of businesses. It excels in global payment processing and billing automation with extensive documentation. Compared to Modernbanc, Stripe offers broader out-of-the-box payment methods and a more mature ecosystem but may involve higher complexity for pure ledger-focused teams.

Stripe offers Treasury and payment infrastructure with broad developer tooling and global reach. Its banking features rely on partner banks and abstracted APIs rather than direct Federal Reserve connections. While Stripe excels at unified payments and billing, teams needing bare-metal ACH windows, FedNow settlement tracking, or Visa issuer processor control often find Increase provides more granular network access and predictable timing without additional abstraction layers.

Mercury provides online banking tailored for startups with integrated accounting exports. It emphasizes fast account opening and treasury tools. In comparison to Modernbanc, Mercury focuses on direct banking services rather than programmable infrastructure, appealing to teams wanting ready-to-use accounts over custom builds.

Plaid connects applications to user bank accounts for verification and transaction data. Its strength lies in secure financial data aggregation across thousands of institutions. Versus Modernbanc, Plaid is more specialized in connectivity rather than full ledger management, suiting data-heavy use cases over operational banking.

Unit delivers embedded banking APIs focused on account and card features through partner banks. It provides solid developer experience for fintechs but routes transactions through intermediaries instead of direct FedACH or Fedwire connections. Increase differentiates with immutable ledgers sourced directly from the Federal Reserve and same-day ACH defaults that do not require pre-funding or extra processors.

Treasury Prime connects platforms to multiple banks with API access to accounts, cards, and payments. It emphasizes orchestration across providers rather than single direct network links. Increase offers tighter integration with Visa for real-time authorizations and physical card programs plus automatic return correlation that many Treasury Prime users must build themselves.

Synapse provides banking-as-a-service infrastructure with account, payment, and KYC tooling. Its platform uses layered bank partnerships that can add latency compared with direct Federal Reserve access. Increase stands out for teams requiring unfiltered RTP, FedNow, and wire settlement data along with flexible FBO and customer-titled account structures without forced compliance templates.

Marqeta specializes in modern card issuing with real-time controls and virtual cards. While strong for card programs, it lacks native ACH, wire, and check capabilities that Increase bundles with direct Visa issuer processing. Companies building full money movement stacks often choose Increase to avoid stitching multiple providers together for ledger and settlement needs.