Volopay vs Weel: Features, Coverage and Pricing Compared (2026)
Updated November 11, 2026 · Reviewed by Benjamin Margolis
Volopay and Weel both issue corporate cards and automate expenses for growing Asia Pacific businesses. Volopay is based in Singapore, opens multi-currency accounts, and offers unlimited users. Weel is based in Sydney, serves Australia and New Zealand, and posts monthly plan prices.
Our analysts compared the two on November 11, 2026, using each company's own product, pricing, and company pages and our full reviews of Volopay and Weel.
Choose Volopay if
- you operate in Singapore or across Asia Pacific
- you want a multi-currency business account
- you want unlimited users
Choose Weel if
- you operate in Australia or New Zealand
- you want posted monthly prices
- you use Xero or MYOB
Volopay scores 74 and Weel scores 76 in our ratings. Volopay fits regional teams that move money across currencies. Weel fits Australian and New Zealand teams that want a posted price.
Key Features Compared
Volopay vs Weel at a Glance, November 2026
| Feature |  Volopay | Weel |
|---|---|---|
| Ratings | ||
| Fintech Index score | 74 / 100 | 76 / 100Higher score |
| Overview | ||
| What it is | Spend-management platform that issues corporate cards, opens multi-currency accounts, and pays bills and vendors | Spend-management platform that issues unlimited company cards, automates expenses, and pays supplier bills |
| Who uses it | Growing companies in Singapore and across Asia Pacific | Australian and New Zealand businesses, not-for-profits, and schools; more than 4,000 finance teams |
| Main products | Physical and virtual corporate cards, a global business account, bill payments, reimbursements, subscriptions, and procure-to-pay | Virtual, physical, and subscription cards, expense automation, bill payments, reimbursements, and purchase orders in beta |
| Where it operates | Singapore and Asia Pacific | Australia and New Zealand |
| Products and features | ||
| Company cards | Physical and virtual corporate cards | Unlimited virtual, physical, and subscription cards |
| Invoicing and bookkeeping | Bills, vendor payments, and accounting sync | AI receipt coding and accounting sync |
| Deposit guarantee | Not a bank account | Not a bank account |
| Pricing | ||
| How pricing works | Plans with unlimited users; accounts payable and larger programs quoted by sales | Basic $135 and Standard $375 a month before GST, with Advanced quoted; FX at 0.95% |
| Published prices | Plans posted on the pricing page | Basic and Standard prices postedMonthly prices posted |
| Technology and compliance | ||
| Licenses and account protection | Payment services for US customers are provided by Airwallex US; accounts are not covered by deposit guarantee schemes | Cards issued with banking partners; accounts are not covered by deposit guarantee schemes |
| Apps and API | Accounting sync and exports | Xero, MYOB, and QuickBooks Online sync |
| Integrations and partners | QuickBooks, Xero, NetSuite, and other systems | Xero, MYOB, QuickBooks Online, and NetSuite on Advanced |
| Onboarding and support | Demo-led onboarding with teams in Singapore and India | Help Centre, with a dedicated account manager on Advanced |
| Company | ||
| Founded | 2019 | 2017 |
| Headquarters | Singapore | Sydney, Australia |
| Ownership | Private spend management software and card program | Private spend management software and card program |
| Funding | Approximately $31M, with investors including Y Combinator, Antler, JAM Fund, and Soma Capital | Approximately $13.8M (A$20M) Series A in December 2021 led by a growth equity investor with Global Founders Capital and Rapyd Ventures |
| Key leader | Rajith Shaji | Daniel Kniaz |
| Scale | Approximately $31M raised; approximately 130 employees | A$20M Series A in December 2021; more than 4,000 finance teams |
Fintech Index Scores Compared
We rate every company on eight criteria from 0 to 100, four tied to what buyers in its sector need and four shared by every company, and the rating is their average. Volopay scores 74 and Weel scores 76.
Criterion Scores Out of 100
Key Differences Between Volopay and Weel
Pricing Model
Weel posts Basic at $135 and Standard at $375 a month before GST. Volopay posts plans with unlimited users and quotes accounts payable through sales.
Coverage
Volopay serves Singapore and Asia Pacific with a global business account. Weel serves Australia and New Zealand with unlimited virtual, physical, and subscription cards.
Company
Volopay has raised approximately $31M with Y Combinator and Antler among its investors. Weel raised A$20M, approximately $13.8M, in its December 2021 Series A.
Pros and Cons
Volopay
Pros
- Multi-currency business account
- Unlimited users
- No fee on domestic transfers
- Multi-level approvals up to five levels
Cons
- Accounts payable is quoted by sales
- Brand less known outside Asia Pacific
- Not a bank account
Weel
Pros
- Prices posted in Australian dollars
- Unlimited cards
- Xero, MYOB, and QuickBooks sync
- AI receipt coding
Cons
- Only Australia and New Zealand
- Expense record limits on Basic
- Purchase orders are in beta
Who Each Is Best For
Volopay
Asia Pacific businesses that want cards, a multi-currency account, and bill payments in one login
Weel
Australian and New Zealand businesses that want unlimited cards and accounting sync at a posted monthly price
Alternatives to Volopay and Weel
These companies, all reviewed and rated on The Fintech Index, cover some of the same ground as Volopay and Weel.
Other Spend Management Companies
Frequently Asked Questions
How much does Weel cost?
Basic is $135 a month for five people and Standard is $375 a month for ten, both before GST; Advanced is quoted.
Does Volopay charge per user?
Volopay plans come with unlimited users.
Does either replace a bank account?
No. Neither is covered by a deposit guarantee scheme.
Sources
- The Fintech Index analysis of Volopay and Weel, conducted November 2026 (As of November 11, 2026)
- Volopay pricing: https://www.volopay.com/pricing (As of November 11, 2026)
- Volopay about page: https://www.volopay.com/about (As of November 11, 2026)
- TechCrunch, Volopay, July 2020: https://techcrunch.com/2020/07/30/singapore-based-volopay-wants-to-be-the-brex-of-southeast-asia/ (As of November 11, 2026)
- Tracxn, Volopay: https://tracxn.com/d/companies/volopay/__G2EtT9td1vc9NaHljn4pme1X_X2kPgD1PRWJqArXxjM (As of November 11, 2026)
- Weel pricing: https://letsweel.com/pricing (As of November 11, 2026)
- Weel about page: https://letsweel.com/about (As of November 11, 2026)
- Weel Series A announcement, December 2021: https://letsweel.com/resources/the-weelhouse/articles/20-million-series-a-funding (As of November 11, 2026)
- The Paypers, DiviPay Series A: https://thepaypers.com/fintech/news/divipay-raises-aud-20-mln-in-series-a (As of November 11, 2026)