In this article, we will explore alternatives to Airwallex, a global payments and financial platform trusted by over 100,000 companies worldwide. Airwallex simplifies global financial operations through its software and APIs, enabling businesses to unlock new opportunities and grow without limits.
Reviews
Users have shared a mix of positive and negative feedback about Airwallex. Many appreciate the platform's ability to streamline financial processes, eliminate international transaction fees, and speed up operations, which allows businesses to focus on growth and customer experience. However, some users have expressed frustrations with customer service and occasional technical issues. Overall, while Airwallex is praised for its efficiency and cost savings, there are areas where users feel improvements could be made.
- "Airwallex has allowed us to get things done at ten times the speed it used to happen." - Jason Yah
- "Customer service can be slow to respond, which is frustrating when dealing with urgent financial matters." - Parveen
For more detailed reviews, visit Airwallex Reviews.
Best alternatives to Airwallex
1. OneSafe
OneSafe is a financial technology company offering a comprehensive financial platform designed for startups and businesses operating in both fiat and cryptocurrencies. It provides services such as global payments, corporate cards, multi-currency support, and seamless integration of traditional and Web3 financial services.
- Features: Simple onboarding, global payments, user-friendly corporate cards, multi-currency support, global accounts, versatile payment options, instant crypto to fiat conversions, high security with state-of-the-art encryption and MFA.
- Pricing: Account opening is free, no minimum balance, no monthly fees, corporate cards and invoices included. Fees for money movement include 0.1% for US domestic payments, 0.2% for SEPA payments, 0.2% + $25 for international wires, $20 for Fedwire, 1% FX fee on corporate cards, and 0.1% for USDT transactions. Fiat to crypto conversion is included.
- Testimonials: Users praise OneSafe for its exceptional customer support and game-changing solutions. It simplifies payroll and expense management, making it an essential tool for Web3 organizations. For more details, visit the OneSafe website.
2. Kontist
Kontist offers a business banking solution specifically designed for self-employed individuals in Germany. The service includes a business bank account, automated bookkeeping, and business tax return functionalities, all integrated into a single app.
- Unique Features: Integrated app combining banking, bookkeeping, and tax return services, automatic tax calculation, AI-supported bookkeeping, real-time bank transfers, mobile & web banking, Visa Business Debit Card, Apple Pay & Google Pay, invoicing tool, premium account features like advance VAT returns and compatibility with tax advisers.
- Pricing: Kontist offers three plans:
- Free Plan: €0/month plus VAT, includes a free virtual Visa Debit card, mobile & web banking app, 10 free transactions per month, and the ability to create 2 invoices per month. A fee of €2/month applies for transactions below €300.
- Premium Plan: €9/month plus VAT, includes all Free plan features plus a physical Visa Debit card, automatic tax calculations, unlimited invoices, and integration with external bookkeeping tools.
- Bookkeeping Plan: €29/month plus VAT, includes all Premium plan features plus unlimited free transactions, advance VAT return, business evaluation, and AI-supported transaction categorization.
- Testimonials: Users generally appreciate Kontist for its ease of use and comprehensive features.
- Positive: "After over 2 years of service, Kontist has constantly provided the best support... Their tax/administrative services are also indispensable." - Luis
- Negative: "The tax service is extremely overpriced and totally not recommended! I made the mistake of using it for over 1 year as a new business owner and non-German speaker, and their service was minimal... I won’t make the mistake of paying for anything from them." - Tanya
3. Vivid Business
Vivid Business accounts offer a comprehensive financial platform for companies and freelancers, featuring fast registration, German IBANs, instant transfers, and a suite of financial tools. The accounts come with benefits like high-interest rates, cashback on purchases, and seamless integration with accounting software.
- Unique Features: Free account with up to 30 DE IBANs, 5% p.a. interest rate on positive balance for the first 2 months (then up to 3.5%), up to 10% cashback on selected categories like Facebook and Google advertising, SWIFT and SEPA instant transfers, personalized permissions for team members, integration with accounting software like DATEV, sevDesk, Commitly, and Puls Project, compliance with PCI DSS, 3D Secure, and GDPR.
- Pricing: Vivid Business offers several plans:
- Free Start: €0/month, 5% interest for the first 2 months (then 1%), up to 1% cashback, free virtual and plastic cards, €100,000 card spending limit, 1 team member, 1 account, 5 free outgoing SEPA transfers per month.
- Basic: €7/month (excl. VAT), 5% interest for the first 2 months (then 2%), up to 1% cashback, free virtual and plastic cards, €100,000 card spending limit, 3 team members, 3 accounts, 100 free outgoing SEPA transfers per month.
- Pro: €19/month (excl. VAT), 5% interest for the first 2 months (then 3%), up to 2% cashback, free virtual and plastic cards, €100,000 card spending limit, 10 team members, 10 accounts, 250 free outgoing SEPA transfers per month.
- Enterprise: €79/month (excl. VAT), 5% interest for the first 2 months (then 3.5%), up to 4% cashback, free virtual and plastic cards, €100,000 card spending limit, 30 team members, 30 accounts, 1000 free outgoing SEPA transfers per month.
- Enterprise+: €249/month (excl. VAT), 5% interest for the first 2 months (then 3.5%), up to 5% cashback, free virtual and plastic cards, €200,000 card spending limit, 50 team members, 50 accounts, 1000 free outgoing SEPA transfers per month.
- Testimonials: Users generally appreciate Vivid Business for its comprehensive features and ease of use.
- Positive: "As a newcomer in Germany, I received a personal recommendation to open my account at VIVID. It’s been the best decision ever! I haven’t regretted a single day in the past two and a half years of being a part of it. Keep up the great work, guys!" - Dusan
- Negative: "Vivid has terminated my account since October and they’re holding 6,700 Euros of my money! If you try to contact them they give the same copy paste response for more than two weeks now, and my money is still stuck with them. My ticket number is: 112074" - Claus Kølle
4. Multipass
MultiPass offers a business account service that facilitates global payments with features like dedicated IBANs, payment cards, and competitive exchange rates for over 70 currencies. The service includes a personal account manager and supports transactions in over 200 countries, making it ideal for businesses with international operations.
- Unique Features: Dedicated IBAN, payment card, bank-beating exchange rates for over 70 currencies, personal account manager, FCA authorization, funds safeguarded in secure accounts, ability to send, receive, and exchange in over 70 currencies, transact in over 200 countries, local payment options in the UK, Europe, and the USA, bespoke business solutions like Virtual IBAN, Currency Exchange, Mass Payments, API Integration, and Business Cards, recognized for innovation and excellence.
- Pricing: Onboarding fees start from £500, monthly maintenance fee from £100, minimum balance requirement from 3 monthly fees, local EU (SEPA) payments from 0.10% (min €10), local UK payments from £1, international SWIFT payments from £40, plastic card issuance £10, virtual card issuance free, various other fees for transactions and services.
- Testimonials: Users generally appreciate MultiPass for its reliable service and exceptional support team.
- Positive: "I would strongly recommend the Multipass solution for any business. I would especially like to commend their exceptional support team. In particular, I am grateful to Irina Parsina for her invaluable assistance. Her help has been truly outstanding and cannot be overstated." - Alexey Umilin
- Negative: "Don't use Multipass for transfers. They're not reliable or helpful. Find someone else you can trust. Save yourself the hassle and seek out more dependable partners." - Anders from Entreprenor Aps
5. Brex
Brex offers a comprehensive financial platform that includes modern corporate cards, expense management, business banking, bill pay, accounting, and travel management. Their services are designed to help businesses spend smarter, automate financial processes, and maximize their financial resources globally.
- Unique Features: AI-powered automation, global reach in 120+ countries, 4.31% yield on business accounts, real-time tracking, AI-powered expense assistant, auto-enforced controls for budgets and spend limits, up to 20x higher credit limits compared to traditional options.
- Pricing:
- Essentials Plan: $0 per user per month, includes global card acceptance, AI-powered custom rules, up to two entities, accounting integrations, local currency wires, travel booking, real-time reporting, Brex API access, bill pay, and reimbursements.
- Premium Plan: $12 per user per month, includes everything in Essentials plus multiple customizable expense policies, dynamic expense review chains, AI-powered compliance audit detection, advanced approvals, multi-entity support, customizable ERP and HRIS integrations, VAT documentation, group travel, advanced travel rules, and live budgets.
- Enterprise Plan: Custom pricing, includes everything in Premium plus unlimited US or global entities, local card issuance, collections, reimbursements, policies, local language support, named account manager, admin center, and fully customizable implementation services.
- Smart Card: Custom pricing, includes global cards accepted worldwide, local-currency cards in 50+ countries, merchant card controls, and custom approvals.
- Testimonials: Users generally appreciate Brex for its ease of use and comprehensive features.
- Positive: "Brex makes expense reporting so simple. The text feature on your phone to record receipts makes it almost impossible to forget to record expenses." - Andrew S.
- Negative: "Honestly, I don't love the travel assistant booking software. It's OK, but a salesforce can easily rack up $20 fees if they don't book travel correctly. I think it could use some work." - Andrew S.
6. Propulse by CA
Propulse by Crédit Agricole is a 100% online professional account service designed to support entrepreneurs in managing their business activities. It offers a range of features including online account management, business tools, and comprehensive support for business creation and development.
- Unique Features: Managed entirely online through Okali, a subsidiary of Crédit Agricole, quick setup in less than 5 minutes, affordable pricing starting at 8 € HT/month with no commitment and the first month free, high payment limits up to 40,000 € per month, integrated tools for creating invoices, managing expenses, and automatic Urssaf declarations, over 1500 articles, guides, and events to support entrepreneurs, Visa Business card included, automatic financial calculations for business plans.
- Pricing: Propulse by CA offers competitive pricing starting at 8 € HT/month with no commitment and the first month free. This includes a Visa Business card and access to various business tools and resources.
- Testimonials: Users generally appreciate Propulse by CA for its ease of use and comprehensive features. One positive comment states, "Change la vie" (Life-changing) - Wassim Y. However, some users have noted areas for improvement, such as the lack of instant transfers and the inability to send invoices or quotes from the application. For more detailed reviews, visit the Propulse by CA Reviews page.
7. VIALET
VIALET offers a Business Account that simplifies money management for businesses. The account can be applied for online and set up within 3 business days, catering to businesses of all sizes.
- Unique Features: Online onboarding without branch visits or physical documents, remote ID verification and electronic signing, flexible monthly and annual spending limits, unified view and management of transaction history, expenses, transfers, and invoices, detailed transaction history and downloadable statements for accounting and invoicing, fast and easy account opening process, PSD2 compliant security standards, dedicated account managers, customizable services for startups and global businesses.
- Pricing: VIALET offers transparent pricing, ensuring clear costs that allow businesses to focus on growth rather than fees. Specific pricing details or fee structures are not provided on the webpage; users may need to sign up or contact VIALET directly for detailed information.
- Testimonials: Users generally appreciate VIALET for its professional and welcoming service. One positive comment states, "Vialet is everything that it should be. They are professional, kind, and fast. Everyone there is so welcoming and they really make you feel like an important person." - Emilė Barakauskaitė. However, some users have expressed concerns, such as, "The ultimate scam. Should have received 3 wire transfers they never arrived, the days that I should have received the money the account was unavailable the day after was back working normally but with no money inside..stay away from them they will scam you" - Cheikh. For more detailed reviews, visit the VIALET Reviews page.
8. Credem
Credem Banca offers a comprehensive range of banking services including current accounts, credit cards, loans, mortgages, and investment options. The bank emphasizes customer well-being, sustainability, and innovation in its services.
- Unique Features: Wellbanking People, Green Transition Support, Financial Wellbanker, Digital Services, Customer-Centric Approach.
- Pricing: The provided HTML does not contain specific pricing details for Credem's products or services. The page focuses on contact information and customer support options rather than detailed pricing information. For pricing details, one would likely need to navigate to specific product pages or contact the bank directly through the provided contact methods.
- Testimonials: Users generally have mixed feelings about Credem. One positive comment states, "I have found both the products and service of the branch at Citadella Del Capo as nothing but very good. The whole approach is courteous and professional." - Steve Smith. However, a negative comment mentions, "I changed to this bank based on the recommendation of a family friend. My experience from the very beginning has been horrible... Complete waste of my time and taking long to complete a simple process." - Dan Racioppa. For more detailed reviews, visit the Credem Reviews page.
9. Wise
Wise offers an international account that allows users to send, receive, and manage money in multiple currencies with low fees and no hidden charges. It provides a multi-currency account, international money transfers, and a debit card for global spending. Wise is regulated by the FCA and trusted by millions of customers worldwide.
- Unique Features: Multi-currency account, low fees on international transfers, Wise debit card for global spending, earn interest on GBP balances, regulated by the FCA, high customer trust, robust security measures, supports numerous currencies and countries.
- Pricing: Registering with Wise is free. Sending money incurs a fee starting from 0.29%, holding money in over 40 currencies is free, receiving local payments in specific currencies is free, receiving USD wire and Swift payments costs $6.11 USD, and receiving CAD Swift payments costs $10 CAD.
- Testimonials: Users generally appreciate Wise for its ease of use and cost-effectiveness. One positive comment states, "You can set up and receive multiple currencies. I could use it as my card/debit card abroad. Easy for me to convert the USD funds I have to the currencies of the country I'm vacationing." - Cherilyn A. However, some users have expressed concerns, such as, "Customer Support is the worst among all the products that I used, they're just incompetent. I used Wise for the past 3 years as Personal and Business Account." - Verified User in Information Technology and Services. For more detailed reviews, visit the Wise Business Reviews page.
10. Niural
Niural is an all-in-one platform for modern US Payroll, PEO, Global EOR, Contractor management, and Bill Payments in over 150 countries. It is powered by advanced AI, specifically NIURAL AI, which enhances the efficiency and compliance of HR, finance, and operations teams.
- Unique Features: Powered by NIURAL AI, global hiring, fast onboarding, full tax compliance, unified payroll and contractor payments, flexible pricing plans, comprehensive services, support for multiple currencies and countries.
- Pricing:
- Employer of Record: Starts at $499/month per employee.
- Niural Armor: $299/month per contractor.
- Hire & Pay Contractors: $49/month per contractor.
- Basic Plan: $70/month + $5/month per employee.
- Plus Plan: $100/month + $15/month per employee.
- Web3 Only Payroll: $19 per member/month + $100 platform fee.
- Enterprise Plan: Custom pricing based on volume.
- PEO Basic: $59/month per employee.
- PEO Plus: $99/month per employee (paid annually).
- Testimonials: Users generally appreciate Niural for its innovative features and comprehensive services.
- Positive: "Niural has transformed our HR operations with its AI-powered tools and global reach." - Source: Trustpilot
- Negative: "The pricing can be a bit steep for smaller businesses, but the features are worth it." - Source: Trustpilot
Which one should you go with?
In conclusion, while each of these financial platforms offers unique features and benefits tailored to different business needs, OneSafe stands out for its comprehensive services, user-friendly interface, and exceptional customer support. Whether you're a startup or an established business, OneSafe provides a seamless integration of traditional and Web3 financial services, making it a versatile choice. While any of these options could be a good fit depending on your specific requirements, we recommend OneSafe if you're looking for a reliable and innovative alternative to streamline your financial operations.
