Top 10 Alternatives to Finom

In this article, we will explore alternatives to Finom, a fintech company known for its business accounts, invoicing, and accounting tools. Finom offers a range of services tailored for SMEs, freelancers, and companies under registration, including online IBAN accounts, cashback, and personal assistance.

Reviews

Users have shared a mix of positive and negative feedback about Finom. Many appreciate the platform's ease of use, quick account setup, and helpful customer service. The integration of invoicing and accounting tools is also frequently praised. However, some users have expressed frustration with occasional technical glitches and delays in customer support response times. Overall, while the platform is lauded for its convenience and comprehensive features, there are areas where users feel improvements could be made.

• "The account setup was incredibly fast and the invoicing tools are a game-changer for my business." - John D.
• "Customer support took too long to respond to my issue, which was quite frustrating." - Sarah K.

For more detailed reviews, visit Trustpilot.

Best alternatives to Finom

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 streamlined, secure, and tailored neo-banking services for a digital-first world, including global payments, corporate cards, and multi-currency support.

• Features: Simple onboarding, global payments, corporate cards, multi-currency support, seamless payments, state-of-the-art security measures.
• 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 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. Wise

Wise offers an international multi-currency account that allows users to send, receive, and manage money in multiple currencies with low fees and transparent exchange rates. The service is designed for personal and business use, providing features like international money transfers, a Wise debit card, and the ability to earn returns on balances.

• Unique Features: Multi-currency account, low fees, Wise debit card, regulatory compliance, customer trust, security measures, interest on balances, business accounts.
• Pricing: Registering with Wise is free, sending money fees start from 0.29%, holding 40+ currencies is free, receiving local payments 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 user mentioned, "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." However, another user noted, "Customer Support is the worst among all the products that I used, they're just incompetent." For more reviews, visit the G2 website.

3. Brex

Brex is a financial technology company offering a comprehensive suite of financial services including corporate credit cards, expense management, business banking, bill pay, accounting automation, and travel management. Their platform leverages AI to automate financial processes, providing real-time tracking, higher credit limits, and global reach in over 120 countries.

• Unique Features: AI-powered automation, global reach in 120+ countries, 4.31% yield on business accounts, real-time tracking, automated receipts, set and enforce budgets with real-time adjustments, up to 20x higher credit limits, integrated solutions combining cards, banking, bill pay, and travel management, high compliance rates with additional FDIC insurance up to $6M.
• Pricing: Essentials Plan: $0 per user per month, includes global card acceptance, AI-powered custom rules, 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 all Essentials features 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 all Premium features 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 automation features. One user mentioned, "Brex makes expense reporting so simple. The text feature on your phone to record receipts makes it almost impossible to forget to record expenses." However, another user noted, "When typing in descriptions or other details on the app if you make a mistake and try to correct it the typing always goes to the end of the sentence, even if you started at the beginning. It is so weird. You always have to delete whatever you typed and start all over." For more reviews, visit the G2 website.

4. Propulse by CA

Propulse by Crédit Agricole is a 100% online professional account service designed to support entrepreneurs in managing their business finances. It offers a range of features including a Visa Business card, tools for creating invoices and quotes, automatic URSSAF declarations, and comprehensive support for business creation and development.

• Unique Features: Fully online professional payment account, quick setup in less than 5 minutes, starting at €8 per month with no commitment and the first month free, payment limits up to €40,000 per month, tools for creating invoices and quotes, automatic URSSAF declarations, over 1500 articles and guides for entrepreneurs.
• Pricing: The Propulse account starts at €8 per month with no commitment, and the first month is free. Payment limits are up to €40,000 per month, and it includes a Visa Business card and various integrated tools for managing business finances.
• Testimonials: Users generally appreciate Propulse by CA for its ease of use and valuable features. One user mentioned, "Change la vie" (Life-changing). However, another user noted, "Franchement super application mais dommage que les virements instantanée sont pas disponibles et l'envoie des factures ou devis depuis l'application." (Frankly great application but it's a shame that instant transfers are not available and sending invoices or quotes from the application.) For more reviews, visit the Trustpilot website.

5. Soldo

Soldo is a spend management platform that combines pre-programmable, customizable cards with a powerful expense management system. It aims to liberate finance teams by automating spend administration, empowering employees to spend responsibly, and providing real-time insights into decentralized spending.

• Unique Features: Customizable physical and virtual Mastercards®, comprehensive management platform, mobile app for tracking expenses and capturing receipts, seamless integration with financial systems like Xero and QuickBooks, financial controls, real-time insights, enterprise-level security, high ROI, quick payback period, significant time savings.
• Pricing: Enterprise Plan: Customizable, contact for pricing. Plus Plan: €33 per month (excluding VAT), includes 3 users, 30 cards, and advanced features. Standard Plan: €21 per month (excluding VAT), includes 3 users, 20 cards, and essential features. Additional costs for physical and virtual cards, extra users, and bank transfers.
• Testimonials: Users generally appreciate Soldo for its helpful customer service and ease of use. One user mentioned, "The online advisors are always so helpful and explain things in a clear and easy to understand way." However, another user noted, "Our account was frozen and closed without any reasons." For more reviews, visit the Trustpilot website.

6. 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, custom approval policies, real-time oversight, easy receipt capture via app or email integration, compliance enforcement with one-click reminders and card blocking, real-time view of card spend, automatic categorization, integration with leading accounting software, 4.5x ROI within 3 years, increases finance team productivity by 47%, saves €795 per employee annually, end-to-end security, privacy by design, compliance with GDPR and other regulations.
• Pricing: The Moss Starter Package 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 additional features such as advanced controlling, advanced accounting, procurement, and ERP integrations. Pricing is modular based on selected modules and transaction volumes, with a single platform fee regardless of the number of users.
• Testimonials: Users generally appreciate Moss for its straightforward solution and excellent customer support. One user mentioned, "Moss is a great financial tool for companies looking for an uncomplicated, straightforward solution with great customer support." However, another user noted, "The website layout is no longer user friendly, and the normally very responsive customer care team is nowhere to be found anymore." For more reviews, visit the Trustpilot website.

7. Axos Bank

Axos Bank offers a range of business banking services designed to elevate business operations through digital accounts that provide security, ease, and efficiency. The services include small business banking solutions, commercial banking, and lending options tailored to meet the needs of various industries. The bank emphasizes low to no fees and provides tools and resources to help businesses manage their finances effectively.

• Unique Features: Secure, easy-to-use digital accounts with little to no fees, tailored services for corporations, institutions, governments, and real estate investors, customized treasury management solutions, access to articles and financial tools, high APY on savings and checking with Axos ONE, research tool Axos FundFinder+, all-in-one mobile app for managing finances.
• Pricing: Axos Bank offers business banking services with "little to no fees," making it a cost-effective option for businesses. Specific details about the fees or pricing for various accounts and services are available through the provided links to specific account types and services.
• Testimonials: Users generally have mixed feelings about Axos Bank. One user praised the bank for its great service and small business products, highlighting the dedicated Relationship Manager and free checking account. However, another user expressed frustration over a locked account and unresolved issues with their funds. For more reviews, visit the Trustpilot website.

8. RelayFi

Relay is an online business banking platform designed to provide small businesses with comprehensive control over their finances. It offers tools to manage earnings, spending, and savings, including business checking and savings accounts, receipt management, accounts payable, and the Relay Visa® Credit Card.

• Unique Features: Up to 20 individual checking accounts, savings accounts with 1.00%-3.00% APY, physical and virtual cards, credit cards with 1.5% cash back, direct integrations with QuickBooks Online and Xero, receipt management, role-based user permissions, Profit First banking, FDIC insurance up to $3M, Visa® Zero Liability Protection, two-factor authentication, biometric security.
• Pricing: Relay offers a basic plan with no monthly fee, including essential banking services and up to 20 individual checking accounts. The Relay Pro plan starts at $30 per business per month, offering additional features like faster ACH, free outgoing wires, and advanced bill payment options. For accountants and bookkeepers, Relay Pro is also available at $30 per client per month, tailored for managing multiple clients.
• Testimonials: Users generally appreciate Relay for its excellent customer service and comprehensive features. One user mentioned, "No joke, the best customer service experience I have had in life to date." However, another user noted, "TERRIBLE! TERRIBLE! TERRIBLE! services. Took them 7 business days to clear initial ACH deposit to open account." For more reviews, visit the Trustpilot website.

9. Tide Bank

Tide offers a smart business bank account with no monthly fees, providing features like simple payment solutions, built-in accounting, and a dedicated savings account with 4.07% AER variable interest. The account can be opened in minutes, and it includes personalized invoicing, business savings, simple accounting, security, and 24/7 support.

• Unique Features: No monthly fees, personalized invoicing, business savings with 4.07% AER variable interest, simple accounting integration, 24/7 account monitoring, 24/7 support, payment links, auto-categorisation, direct debit management, Apple/Google Pay, international payments, CSV exports.
• Pricing: Tide offers a free business current account with no monthly fees. Users only pay for what they use, with low transaction and ATM fees. Additional plans like Plus, Pro, and Cashback accounts come with different features and pricing, providing flexibility based on business needs.
• Testimonials: Users generally appreciate Tide for its ease of setting up accounts and helpful customer service. One user mentioned, "A super fast track way of starting a business account in one day." However, another user noted, "Terrible experience. Paused our account without warning, after nearly two weeks of having no access to our money they emailed saying they are closing the account." For more reviews, visit the Trustpilot website.

10. Currensea

Currensea is a travel debit card that links directly to users' existing UK bank accounts, allowing them to save on foreign exchange fees when spending abroad. It offers real-time exchange rates, instant spend notifications, and various security features. The card is available in different subscription plans, each offering unique benefits tailored to different types of travelers.

• Unique Features: Direct link to existing bank accounts, no hidden fees, real-time exchange rates, instant spend notifications, environmental initiatives, security features, flexible subscription plans.
• Pricing: Essential Plan: Subscription-free, 0.5% FX rate on spending abroad, 0.5% FX rate on money transfers, 0.5% FX rate on ATM withdrawals with a 2% rate over £500 per month. Premium Plan: £25 per year, 0% FX rate on spending abroad, 0.5% FX rate on money transfers, fee-free ATM withdrawals with a 1% rate over £500 per month. Elite Plan: £120 per year, 0% FX rate on spending abroad, 0.5% FX rate on money transfers, fee-free ATM withdrawals with a 1% rate over £750 per month.
• Testimonials: Users generally appreciate Currensea for its ease of use and savings on foreign exchange fees. One user mentioned, "It was easy to apply for a Currensea card, and it arrived quickly. Setting it up was also simple and it has been working perfectly abroad." However, another user noted, "Only one time the system did not work but we had some cash for the small amount of the payment (USD)." For more reviews, visit the Trustpilot website.

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 and exceptional customer support. Whether you're a startup, a freelancer, or a growing business, OneSafe provides a seamless, secure, and efficient solution for managing your finances. From global payments to multi-currency support and corporate cards, OneSafe has everything you need to streamline your financial operations. While any of these options could be a good fit, we highly recommend OneSafe if you're looking for a reliable and innovative alternative.