Top 10 Alternatives to FernHQ

FernHQ is a platform designed to facilitate onchain payments, enabling users to seamlessly convert between crypto and fiat currencies. This article will explore various alternatives to FernHQ, highlighting their unique features and services.

Reviews

Users have shared a mix of positive and negative feedback about FernHQ. Many appreciate the platform's ease of use and the seamless integration of crypto to fiat payments. They find the automated bridging and compliance tools particularly helpful. However, some users have expressed frustration with the occasional delays in transaction processing and the limited customer support options. Overall, while FernHQ is praised for its innovative features, there are areas where users feel improvements are needed.

• "FernHQ makes onramping and offramping so easy, it's a game-changer for my business." - John D.
• "The customer support needs to be more responsive; waiting for days isn't acceptable." - Sarah K.

For more detailed reviews, visit FernHQ Reviews.

Best alternatives to FernHQ

1. OneSafe

OneSafe is a financial technology company offering a blend of traditional and Web3 financial services. It provides comprehensive account services tailored for companies that operate both in fiat and cryptocurrencies. The platform supports seamless integration of fiat and cryptocurrency transactions, making it ideal for modern financial operations.

• Features: Simple onboarding, global payments, corporate cards, multi-currency support, global accounts, seamless payments, state-of-the-art security.
• Pricing: Account opening is free, no minimum balance, no monthly fees, corporate cards and invoices included, 0.1% fee for US domestic payments, 0.2% fee for SEPA payments, 0.2% fee + $25 for international wires, $20 for Fedwire, 1% FX fee on corporate cards, 0.1% fee for USDT transactions, fiat to crypto conversion included.
• Testimonials: Users praise OneSafe for its exceptional customer support and seamless financial operations. Many highlight its efficiency in managing payroll and expenses, making it a vital tool for Web3 companies. Source: OneSafe.

2. Credem

Credem Banca offers a wide range of banking products and services, including current accounts, credit and debit cards, loans, mortgages, savings and investment options, and insurance. The bank emphasizes customer well-being, financial education, and sustainability.

• Unique Features: Wellbanking People, Financial Wellbanker, Sustainability and Innovation, Comprehensive Support, Green Transition Services.
• Pricing: Zero-fee online account, free internet banking, international debit card, online loan up to 15,000 euros, 4% annual gross interest rate on deposit accounts for six months, various interest rate options for energy-efficient home mortgages.
• Testimonials: Users have mixed feelings about Credem. One positive comment from Steve Smith states, "I have found both the products and service of the branch at Citadella Del Capo as nothing but very good." On the other hand, Dan Racioppa shares a negative experience, "My experience from the very beginning has been horrible... Customer service is terrible or at least the manager I am dealing with is." Source: Trustpilot Reviews.

3. Revolut

Revolut Business is an all-in-one business account designed to help businesses manage their finances more efficiently. It offers features like global payments, multi-currency accounts, smarter spending, physical and virtual cards, global transfers, and currency exchange at interbank rates. The service aims to automate financial processes, integrate with accounting software, and provide tools for business growth and analytics.

• Unique Features: Global payments, multi-currency accounts, smarter spending, physical and virtual cards, global transfers, currency exchange at interbank rates, automated financial processes, business growth tools, customer reach, high customer satisfaction.
• Pricing: Basic Plan: £0/month, Grow Plan: From £19/month, Scale Plan: From £79/month, Enterprise Plan: Custom pricing.
• Testimonials: Users generally appreciate the convenience and efficiency of Revolut Business. One positive comment from Kavita Gunaratne states, "Revolut has made my life so much easier as I had a very bad experience with my previous bank in getting my account sorted, but my Revolut account was set up within minutes. Very convenient and efficient. Love it." On the other hand, Nicolas Huynh shares a negative experience, "Bad service, bad communication. I ordered a card terminal reader to take payment. This has been delivered to an unknown place by Royal mail in few days. According to Revolut, this is my problem and they can't help." Source: Trustpilot Reviews.

4. Bunq

Bunq is a digital bank that simplifies business banking with a quick 5-minute setup process using just a phone and ID. It offers a 30-day free trial for any plan, making it easy for businesses to get started.

• Unique Features: Quick account setup, multiple bank accounts, contactless payments, automation tools, high-interest savings, teamwork facilitation, local IBANs, powerful cards, sustainable banking, web access, 24/7 online support.
• Pricing: Easy Bank Pro XL: €23.99/month, Easy Bank Pro: €13.99/month, Easy Bank: €7.99/month, Easy Savings: Free, Easy Card: Free.
• Testimonials: Users generally appreciate Bunq's innovative features and ease of use. One positive comment from Hendrik Meier states, "Bunq knows how to make customers satisfied cuz they never stop adding new features and bonuses." On the other hand, R. shares a negative experience, "The fact that Bunq’s customer service took a full six months to respond only further highlights how poorly organized Bunq must be." Source: Trustpilot Reviews.

5. 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, providing secure and flexible payment solutions.

• Unique Features: Online onboarding without branch visits or physical documents, remote ID verification and electronic signing, access to payment and account services across Europe, set and adjust monthly and annual spending limits, unified view and management of transaction history, expenses, transfers, and invoices, detailed transaction history and downloadable statements, fast and easy account opening process, PSD2 compliant security, dedicated account managers, customizable services for startups and global businesses.
• Pricing: VIALET offers transparent pricing, ensuring clear costs to free up resources for business success. Specific pricing details or fee structures are not provided on the webpage; users are encouraged to sign up or contact VIALET directly for detailed information.
• Testimonials: Users generally appreciate VIALET for its professional and welcoming service. One positive comment from Emilė Barakauskaitė 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." On the other hand, Cheikh shares a negative experience, "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." Source: Trustpilot Reviews.

6. Finom

Finom offers a business account with cashback, invoicing, and accounting tools. It is designed for SMEs, freelancers, and companies under registration. The account can be opened online and provides various financial management tools.

• Features: German IBAN available within 24 hours, international payment capabilities, up to 3% cashback on expenses, personal assistance available within 1 minute, tailored benefits for freelancers, businesses with employees, and companies under registration, simplified invoicing service that helps clients get paid 20% faster, integration with accounting software and tools for money collection and reconciliation.
• Pricing: Corporate Plan starts from €149/month (paid monthly) or €119/month (paid annually), Enterprise Plan starts from €339/month (paid monthly) or €249/month (paid annually). Additional fees include €15/month for extra team members, €5 per international payment, and various other service fees.
• Testimonials: Users generally appreciate Finom for its customer-friendly approach and efficient support. One positive comment from Vladislav Vashchenko states, "Very customer friendly, especially if you are expat in Germany and looking for modern bank, with very fast and helpful support (special thanks to Andrea) and more important - English speaking. I really glad that I chose Finom!" On the other hand, Mr. Paulo Gonçalves shares a negative experience, "Crap company, asked to send a few documents, I did try everything then closed bank account, thanks ok coz I got another one with rebolut,and also they have roved me 18 euros. Never again with fenon, and I will tell everyone I know about fenon nmbeen crap." Source: Trustpilot Reviews.

7. 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, FCA regulation, 2-factor authentication, interest on GBP balances, business accounts for managing cash flow in multiple currencies, high Trustpilot score.
• Pricing: Registering with Wise is free, sending money fees start from 0.29%, holding 40+ currencies is free, receiving local payments in specific currencies is free, receiving USD wire and Swift payments costs $6.11 USD, receiving CAD Swift payments costs $10 CAD, receiving Swift payments in 21 currencies is free (correspondent banks might charge fees).
• Testimonials: Users generally appreciate Wise for its low fees and ease of use. One positive comment from Agustina W. states, "It has the lowest fees. Trust me, I've tried a lot and this one is the most reasonable one when it comes to fees. It allows me to have my paycheck in SECONDS and it doesn't charge me a penny. It also allowed me to withdraw cash from an ATM. Insanely comfortable." On the other hand, a verified user in Information Technology and Services shares a negative experience, "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. Be ready that you would have to explain yourself each time, because whenever you chat with someone, weirdly always someone else would reply. Imagine explaining yourself over and over again." Source: G2 Reviews.

8. Moss

Moss is a spend management solution that offers real-time tracking of budgets, employee card management, receipt management, and month-end closing processes. It aims to reduce paperwork, enhance control over spending, speed up month-end processes, and improve reporting accuracy.

• Unique Features: Employee cards with adaptable limits and custom approval policies, effortless receipt capture via app or email integrations, real-time card spend view, automatic categorization, two-way integrations with accounting software, 4.5x ROI within 3 years, 47% increase in finance team productivity, €795 saving per employee annually, end-to-end security, privacy by design, compliance with GDPR and other regulations.
• Pricing: Moss Starter is free and includes up to 3 users, unlimited virtual debit cards, 1 physical card per user, web and mobile app access, and standard accounting integrations. Custom packages are available with a base package that includes corporate cards, employee reimbursements, and accounts payable, along with add-ons like advanced controlling, advanced accounting, procurement, and ERP integrations.
• Testimonials: Users generally appreciate Moss for its efficiency and ease of use. One positive comment from Farida Fouad states, "Moss is a great financial tool for companies looking for an uncomplicated, straightforward solution with great customer support. Our customer success manager is always there for us no matter how big or small the matter is." On the other hand, Pow shares a negative experience, "It worked really well at first...until their recent make-over update. As the accounting person in my company, I used to love Moss a lot, because it is user-friendly, easy to use, self-explaining, and they had a great customer care team." Source: Trustpilot Reviews.

9. Propulse by CA

Propulse by CA is a 100% online professional account service provided by Crédit Agricole, designed to offer a comprehensive solution for entrepreneurs to manage their business activities efficiently.

• Unique Features: Fully online professional payment account, quick setup in less than 5 minutes, high payment limits up to 40,000 €/month, integrated tools for invoicing and income declaration, Visa Business card included, comprehensive support with over 1500 articles and guides, free online business plan tool.
• Pricing: Starting at 8 € HT/month with no commitment, first month free.
• Testimonials: Users generally appreciate the ease of use and helpful features of Propulse by CA. One positive comment from Theo S. states, "Customer service is attentive. Top-notch easy applications." On the other hand, Mathieu P. shares a negative experience, "Frankly great application but it's a shame that instant transfers are not available and sending invoices or quotes from the application." Source: Trustpilot Reviews.

10. Countingup

Countingup offers a business account service designed for self-employed individuals and small businesses in the UK. It allows users to open an account online in under 5 minutes, start accepting payments immediately, create and send invoices, and manage bookkeeping and taxes with ease. The service is trusted by over 50,000 UK businesses and is backed by ING and Sage.

• Features: Instant payment acceptance via UK bank-to-bank transfers, international transfers, and card payments, free invoicing with payment alerts, automated bookkeeping and tax insights, quick account setup in under two hours, flexible pricing with no subscription fees for the first 3 months.
• Pricing: No subscription fees for the first 3 months, £3/month for deposits between £0 – £750, £9/month for deposits between £750 – £7,500, £18/month for deposits over £7,500, 30p for account transfers and direct debits, 3% foreign transaction fee, £1 ATM withdrawal fee, 0.5% Post Office cash load fee (minimum £2), 3% PayPoint cash load fee, £5 replacement card fee.
• Testimonials: Users generally appreciate Countingup for its ease of use and efficient customer service. One positive comment from Rian Cojocnean states, "I love to use them. It's easy to follow up on the expenses and profits, and there's a tax pot to which the tax money can be added." On the other hand, a negative comment from e.g toal shares, "For the 2nd time in a month acc has been blocked sent messages at 11a.m yesterday HAVE I HAD A MESSAGE BACK, NO 24 hours later Small business acc yes sure they don't care they leave you with no answer no way to phone them and no way to take payments all these good reviews wait till they block ur acc and see how good they are." Source: Trustpilot Reviews.

Which one should you go with?

In conclusion, while each of these platforms offers unique features and benefits tailored to different business needs, OneSafe stands out for its exceptional customer support and seamless financial operations. Whether you're managing payroll, expenses, or integrating fiat and cryptocurrency transactions, OneSafe provides a comprehensive solution that simplifies modern financial management. Although any of these alternatives could be a good fit depending on your specific requirements, we recommend OneSafe if you're looking for a reliable and efficient alternative to FernHQ. Explore your options and choose the platform that best aligns with your business goals.