Branda supports SMTP connections but it doesn’t support Microsoft 365 because Microsoft has changed their requirements. Now you have to user their APIs in order to create app IDs, client IDs etc in order to connect Outlook to a site.
FluentSMTP has a step-by-step guide on how to do this (https://fluentsmtp.com/docs/setup-outlook-with-fluentsmtp/#add-new-microsoft-connection).
Unfortunately I had to disable Branda and install FluentSMTP to make Outlook work on a client’s site. I’ve also wasted ~20 minutes of a support agent’s time because there is no documentation for this case and he didn’t know why Branda doesn’t work, even though SMTP and the credentials were correct.