Software Alternatives & Reviews

Open Collective VS Wise

Compare Open Collective VS Wise and see what are their differences

Open Collective logo Open Collective

Recurring funding for groups.

Wise logo Wise

Currency exchange Banks and other providers could charge you up to 5% in hidden costs when sending ...
  • Open Collective Landing page
    Landing page //
    2023-04-25
  • Wise Landing page
    Landing page //
    2023-09-02

Open Collective videos

What is Open Collective?

Wise videos

TransferWise Review - 3 Must Knows (2020)

More videos:

  • Review - TransferWise in detail
  • Review - Transferwise Review

Category Popularity

0-100% (relative to Open Collective and Wise)
Crowdfunding
100 100%
0% 0
Online Payments
4 4%
96% 96
Fundraising And Donation Management
Money Transfer
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Open Collective and Wise

Open Collective Reviews

We have no reviews of Open Collective yet.
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Wise Reviews

Best money transfer apps of 2021
TransferWise does also offer Business pricing, which adds in extra features that are free, including the ability to receive money in EUR, USD, GBP, PLN, AUD and NZD currencies without charge. However, this comes with a 0.33%-3.56% fee to convert currencies. The supporting TransferWise debit Mastercard comes free too, with the same currency conversion fee of 0.33%-3.56% plus...
Top 7 Wise Alternatives
Wise’s Multi Currency Account (review) and associated Wise card (review) (which works great as a travel money card) are especially useful to expats who need banking features in a new country to pay rent, buy groceries, or receive money like a local (Wise offers international bank details in 10 currencies).
Source: transumo.com
5 Safe Money Transfer Alternatives to Wise
As a money transfer service, Wise (formerly known as TransferWise) is a transparent and easy to use option. But if you’re making an international money transfer, it can be worth looking at some of Wise’s competitors to see which is the best option for you.
Source: www.exiap.com
Cross-border fintech startup Airwallex raises $100M at a valuation of over $1B
For now, the backing of its investors is allowing Airwallex to grow its business without needing to focus on making money. That’s proven tricky for some fintech companies — such as TransferWise and Europe’s challenger banks — but Zhang is confident that when that changes, his company will have little trouble being sustainable.
Source: techcrunch.com

Social recommendations and mentions

Based on our record, Open Collective should be more popular than Wise. It has been mentiond 72 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Open Collective mentions (72)

  • 6 Tools To Help Keep Your Dependencies And Code More Secure
    Have you thanked a maintainer of an open-source project you use today? If not, go ahead and reach out to them on social media and say thank you. Does that scare you a little bit? That's OK, why not share their project on social media, sponsor them on GitHub or Open Collective, write or film a tutorial, file a great bug report, pick up one of the good-first-bugs, or star their project on GitHub? These are just some... - Source: dev.to / about 2 months ago
  • The Lack of Compensation in Open Source Software Is Unsustainable
    There have been steps forward in the direction of making donation easier: https://github.com/sponsors , which can serve as a "fiscal host." The advantage here is that the default rule at law for how a group of developers working together will be treated is partnership, which means joint and several liability. Working with a fiscal host partitions individual liability from group liability. But there are still open... - Source: Hacker News / 6 months ago
  • Are there any FinTech/Incubator companies specialized for Co-ops?
    Are there any FinTech or Incubators out there to fund Co-ops? I am thinking of how https://opencollective.com/ operates for Open Source and Non-Profits. Source: 6 months ago
  • Open Collective ( Exactly what we need)
    You know when you envision an idea, and along the way you see someone who made this idea a reality, well, opencollective.com is exactly that. Source: 9 months ago
  • Coding Education for All: Join us in supporting The Odin Project
    Going forward, The Odin Project will be completely funded by community donations through Open Collective. A platform designed for transparently collecting and managing funds for open-source projects just like ours. Open Collective will allow The Odin Project to secure vital financial resources directly from the community of developers and learners that benefit from the platform. - Source: dev.to / 9 months ago
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Wise mentions (24)

  • Which bank in vietnam have the lowest fee for overseas remittance?
    I don't think you need to be a holder of both. I put my mom on my Wells Fargo account and she sent to my account. There is also https://wise.com/us/ . This one I have used to send to someones account in Vietnam. It does have slightly higher fee. But it goes straight into their account. From Wells Fargo I would have to go and get USD then exchange it to Vietnamese currency. Source: 10 months ago
  • We are happy to welcome you to Auction 88 — Coins of The World.
    They invoice in Euros (Czech Republic) so also be aware of fees on payments. I've successfully used TransferWise (https://wise.com/us/). Source: 11 months ago
  • Recommend me a first credit card with 0 foreign tx fee
    It's not a credit card. It's just a way to convert currency w/o a fee. https://wise.com/us/. Source: about 1 year ago
  • Renting an apartment without a US Bank account?
    Get a Wise account. Open one in your local currency, and one in US currency. I was doing that for the first few months. Source: over 1 year ago
  • My New Client Is Asking Me For My Bank Info
    I’ve used Wise for bank payments from international clients before: https://wise.com/us/ that way you’re not giving them your actual bank info but the process is similar on the client’s end. Source: over 1 year ago
View more

What are some alternatives?

When comparing Open Collective and Wise, you can also consider the following products

Liberapay - Liberapay is a recurrent donations platform.

Bill.com - Bill.com provides ACH payments processing, automates your accounts payable and accounts receivable processes.

Patreon - Patreon enables fans to give ongoing support to their favorite creators.

Zoho Invoice - 100% free online invoicing software for small businesses.

Ko-fi - Ko-fi offers a friendly way for content creators to get paid for their work.

The Invoice Machine - The Invoice Machine is an online invoicing service with a simple and elegant user interface.