Top 10 Alternatives to Hype

In this article, we will explore various alternatives to HYPE Business, an online business account tailored for individual companies and freelancers with a VAT number. HYPE Business offers a range of features such as free transfers, simplified tax payments, and comprehensive financial management tools.

Reviews

Users have shared a mix of positive and negative feedback about HYPE Business. Many appreciate the platform's ease of use, particularly the free and instant transfers, and the simplified tax payments. The Tax Manager and comprehensive expense management tools are also frequently highlighted as beneficial. However, some users have expressed frustration with the customer service response times and occasional technical issues. Additionally, a few users found the account setup process to be more cumbersome than expected.

• "The instant transfers and tax management tools are a game-changer for my business." - John D.
• "Customer service can be slow, and I've faced some technical glitches." - Maria S.

For more detailed reviews, visit HYPE Reviews.

Best alternatives to Hype

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. OneSafe is not a traditional bank but partners with banks to offer its services.

• All-in-one platform, simple onboarding, global payments, corporate cards, flexible controls, multi-currency support, global accounts, seamless payments, state-of-the-art security.
• Account opening: Free, minimum balance: $0, monthly fees: None, corporate cards: Included, invoices: Included, US domestic payments: 0.1% fee, SEPA payments: 0.2% fee, international wires: 0.2% fee + $25 Swift, Fedwire: $20, FX fee on corporate cards: 1%, USDT transactions: 0.1% fee, fiat to crypto conversion: Included.
• Users praise OneSafe for its exceptional customer support and seamless financial solutions. Testimonials highlight its game-changing impact on business operations and the ease of managing payroll and expenses. For more details, visit the OneSafe website.

2. Moss

Moss is a spend management solution designed to help companies control and optimize their spending. It offers real-time tracking of budgets, employee card management, receipt management, and month-end closing processes.

• Unique Features: Real-time tracking of budgets, employee cards with adaptable limits, effortless receipt capture via app or email, compliance enforcement tools, automatic categorization, integration with leading accounting software, 4.5x ROI within 3 years, 47% increase in finance team productivity, €795 saving per employee annually, end-to-end security, GDPR compliance.
• Pricing: Moss offers a free starter plan with features like unlimited virtual cards and standard accounting integrations. Custom packages are available with modular pricing based on selected spend modules and add-ons. The platform fee is single regardless of the number of users, with a variable fee based on transaction volume.
• Testimonials: Users generally appreciate Moss for its ease of use and efficiency. One user noted, "Moss is a great financial tool for companies looking for an uncomplicated, straightforward solution with great customer support." However, another user expressed disappointment with recent updates, stating, "The website layout is no longer user friendly, and customer care has become unresponsive." For more detailed reviews, visit the Moss Reviews page.

3. Kontist

Kontist offers a business banking solution specifically designed for self-employed individuals in Germany. It combines a business bank account with automated bookkeeping and business tax returns, all managed through a single app. This integration aims to simplify financial management and provide users with more time to focus on their business.

• Unique Features: All-in-one app combining banking, bookkeeping, and business tax returns, automatic tax calculation, AI-supported bookkeeping, real-time financial insights, mobile & web banking, Visa Business Debit Card, integration with Apple Pay and Google Pay, invoicing tool, premium account features including advanced bookkeeping and tax return preparation tools.
• 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 2 invoices per month. A fee of €2/month applies if monthly transactions are less than €300.
  • Premium Plan: €9/month plus VAT, includes all Free plan features plus a physical Visa Debit card, automatic calculation of income tax & VAT, MT940 Datev export, unlimited invoices per month, 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, manually add external transactions, unlimited categorization of transactions with AI, and business assets handling.
• Testimonials: Users generally appreciate Kontist for its ease of use and comprehensive features. One user noted, "I have been with Kontist for over two years now. It is a very good service, any questions I have regarding taxes they answer quickly and professionally." However, another user expressed dissatisfaction, stating, "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." For more detailed reviews, visit the Trustpilot page.

4. 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, and tools to automate and scale business operations.

• Unique Features: Global payments and multi-currency accounts, physical and virtual cards for team members, easy acceptance of payments online or in-person, exchange of 25+ currencies at the interbank rate, integration with accounting software and business tools, spend controls and approvals, AI-powered bill capture and payment, access to 45+ million Revolut customers, advanced analytics and currency risk management, control over multiple business entities from one app.
• Pricing: Revolut Business offers four main plans:
  • Basic Plan: £0/month, includes local & global account details, send, receive & exchange 25+ currencies, unlimited team members, physical & virtual cards, accept online & in-person payments.
  • Grow Plan: From £19/month, includes everything in Basic plus exchange up to £10,000 monthly at the interbank rate, no-fee transfer allowance, earn interest with Savings, spend controls & approvals, bulk payments.
  • Scale Plan: From £79/month, includes everything in Grow plus exchange up to £50,000 monthly at the interbank rate, 5x more no-fee global transfers, 10x more no-fee local transfers, higher interest on Savings.
  • Enterprise Plan: Custom pricing, includes custom allowances for transfers and currency exchange, highest savings rate at 3.51%, specialized account management.
• Testimonials: Users generally appreciate Revolut for its seamless registration process and global payment capabilities. One user noted, "I love everything your bank represents. The seamless registration process and access to Apple Pay. I travel a lot with my work and so far I was not only able to pay with Revolut but also to withdraw local currency from my account at no extra charge." However, another user expressed dissatisfaction, stating, "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. Communication, service is bad." For more detailed reviews, visit the Trustpilot page.

5. Primis Bank

Primis Bank offers business banking services that are designed to be fee-free and technologically advanced. The bank provides business checking and savings accounts with features such as no monthly fees, no overdraft fees, no minimum balance requirements, and unlimited transactions. Additionally, Primis Bank offers free cash flow analytics, 24/7 human support, and FDIC protection.

• Unique Features: No monthly fees, no overdraft fees, no minimum balance requirements, unlimited transactions, free cash flow analytics, 24/7 human support, FDIC protection, refunds on originating wire fees, and high variable interest rates on savings accounts.
• Pricing: Primis Bank offers fee-free business banking with no monthly fees, no overdraft fees, no minimum balance requirements, and unlimited transactions. Additional benefits include free ATM use nationwide, free incoming wires, and refunds on originating wire fees.
• Testimonials: Users generally appreciate Primis Bank for its fee-free structure and high-tech features. One user noted, "Got a random text from CEO introducing himself and the Company. We talked for 20 minutes where he asked about the experience and areas for improvement. Learned a lot about the Company and the people behind it." However, another user expressed dissatisfaction, stating, "Primis Bank is NO DOUBT the worst financial institution I’ve ever dealt with. I’ve spent hours on hold to try to reach someone, during one recent attempt after being on hold for 34 minutes they hung up!" For more detailed reviews, visit the Trustpilot page.

6. Anna Money

ANNA Money offers a business account that can be opened online in less than 10 minutes. The account comes with a business debit card that has unique features, such as making a sound when used. The service includes virtual debit cards, payment links, cash top-up options, and integration with Apple Pay and Google Pay. ANNA also provides tools for managing expenses, setting up direct debits and standing orders, and earning cashback on purchases. The account is designed for freelancers, small businesses, and creative professionals.

• Unique Features: Quick account setup, business debit card that makes a sound when used, virtual debit cards, personal webpage for receiving payments online, cash top-up at PayPoints, exclusive deals and promotions, Apple Pay and Google Pay integration, expense management tools, money-saving pots, instant payment notifications, free direct debits and standing orders, business cashback credit card, small business loans, open banking, funds safeguarded according to e-money regulations.
• Pricing: ANNA's plans start at £0 per month, and users only pay for the services they use. If the account is not used for a month, no monthly fee is charged.
• Testimonials: Users generally appreciate ANNA Money for its excellent service and quick account setup. One user noted, "I’ve been with ANNA for nearly 4 years now, and have recently just opened another company with them. Since then they have provided nothing but an excellent service." However, another user expressed dissatisfaction, stating, "Avoid at all costs!!! ANNA have held on to a very large amount of company money for weeks, they are uncontactable or helpful." For more detailed reviews, visit the Trustpilot page.

7. Soldo

Soldo is a spend management platform designed to streamline business spending by providing physical and virtual Mastercards, a management platform, a mobile app for tracking expenses, and integrations with financial systems. It aims to boost business agility and empower employees to spend responsibly while providing finance teams with tools to manage and control spending efficiently.

• Unique Features: Customizable cards, expense management platform, real-time insights, seamless integration with accounting software, enterprise-level security, high ROI, quick payback period, significant time savings.
• Pricing: Soldo offers three main plans:
  • Enterprise Plan: Customizable solution for large organizations. Features include unlimited users, unlimited cards, team cards with unlimited users, unlimited outbound bank transfers, and unlimited wallets. Additional features: enterprise workflows and automations, integrated expense policies, bulk process management, enterprise integrations, API access, personal account management, and professional services. Pricing: Contact Soldo for a custom quote.
  • Plus Plan: €33 per month (excluding 20% VAT). Features include 3 users, 30 physical or virtual Soldo cards, 30 subscription or digital ad cards, 30 temporary virtual cards, 30 outbound bank transfers per month, and 3 wallets. Additional features: advanced receipt capture, multi-currency support, team cards up to 3 users, expense review workflows, bulk reimbursement, advanced reporting, and advanced integrations.
  • Standard Plan: €21 per month (excluding 20% VAT). Features include 3 users, 20 physical or virtual Soldo cards, 20 subscription or digital ad cards, 20 temporary virtual cards, and 20 outbound bank transfers per month. Additional features: mobile app, standard receipt capture, Apple and Google Pay, standard reporting, and online support center.
• Testimonials: Users generally appreciate Soldo for its helpful customer support and effective spend management tools. One user noted, "The most important thing for me is that if I am unsure of anything or having a senior moment the online advisors are always so helpful and explain things in a clear and easy to understand way. It has always been a pleasure contacting them." However, another user expressed dissatisfaction, stating, "Our account was frozen and closed without any reasons. I believe Soldo has certain problems with the UK regulator right now. Please take into account this experience. Unfortunately, we are preparing for court hearing." For more detailed reviews, visit the Trustpilot page.

8. OneMoneyWay

OneMoneyWay is a digital platform offering seamless global payments, secure transfers, virtual and physical payment cards, business accounts, card acquiring, and payment terminals. The services are provided through regulated partners, ensuring security and compliance.

• Unique Features: Fast onboarding, top-grade security, low monthly fees, invoicing module, local IBAN accounts, corporate cards, 24/7 support with a dedicated account manager.
• Pricing:
  • Starter Plan: £49/month (billed annually), maximum revenue: 100,000 GBP, includes 1 Business Account, 1 Physical Mastercard, 1 Virtual Mastercard, exchange between 24+ currencies, Invoice Module, local clearing options, Danish account and REG.NR., Dedicated Account Manager.
  • Business Plan: £99/month (billed annually), maximum revenue: 2,000,000 GBP, includes up to 3 Business Accounts, 2 Physical Mastercards, 3 Virtual Mastercards, exchange between 24+ currencies, Invoice Module, local clearing options, Danish account and REG.NR., Dedicated Account Manager.
  • Enterprise Plan: Custom pricing, maximum revenue: Unlimited, includes unlimited Business Accounts, Physical and Virtual Mastercards, exchange between 24+ currencies, Invoice Module, local clearing options, Danish account and REG.NR., Dedicated Account Manager.
• Testimonials: Users generally appreciate OneMoneyWay for its supportive staff and quick response times. One user noted, "OMW really deserve 5 stars. Immediate reaction and support throughout the process. Special mention for DENNI." However, another user expressed dissatisfaction, stating, "Verbally promised me that I could freeze the account, I was billed as soon as the account was created. Application was a mess." For more detailed reviews, visit the Trustpilot page.

9. Novo

Novo offers an online business checking account with no hidden fees, no minimum balance requirements, and 100% online accessibility. It provides tools for managing business finances, including bookkeeping, invoicing, credit cards, and funding options. Novo aims to simplify financial management for small businesses, freelancers, consultants, and self-employed individuals.

• Unique Features: No hidden fees, no minimum balance requirements, 100% online account management, free ACH transfers and incoming wires, free virtual and physical debit cards, ATM fee reimbursement up to $7/month, personalized customer service, free invoicing and budgeting tools, AI-powered bookkeeping, exclusive partner discounts, FDIC insurance up to $250,000 via Middlesex Federal Savings, F.A., easy integration with existing business tools.
• Pricing: Novo offers a fee-free structure with no monthly fees, no minimum balance requirements, and no hidden charges. Additional features like free ACH transfers, free incoming wires, and ATM fee reimbursements up to $7/month are included at no extra cost.
• Testimonials: Users generally appreciate Novo for its ease of use and excellent customer service. One user noted, "Novo: A Game-Changing Small Business Bank for Simplified Finances and Unbeatable Support." However, another user expressed dissatisfaction, stating, "This bank is terrible. I had a business account with a small balance on it and when I tried to log in my password wouldn’t work. Contacted customer service and they said my account was closed due to inactivity." For more detailed reviews, visit the Trustpilot page.

10. Currensea

Currensea is a travel debit card that links directly to your existing UK bank account, allowing you to spend abroad without incurring bank fees. It offers competitive FX rates, real-time spend notifications, and various security features. The card is available in three plans: Essential (free), Premium (£25/year), and Elite (£120/year), each offering different levels of benefits and savings.

• Unique Features: No bank fees when spending abroad, real-time rate updates, instant spend notifications, Mastercard purchase protection, card freezing, spend limits, environmental contributions, ease of use, customer savings, expert endorsements.
• 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/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, additional benefits like car hire discounts, 4% cashback on Booking.com, and complimentary nights at Preferred Hotels & Resorts.
  • Elite Plan: £120/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, enhanced benefits including luxury travel concierge, priority access to luxury hotels, up to 10% cashback on Booking.com, and worldwide airport lounge access for £24/pp with LoungeKey.
• Testimonials: Users generally appreciate Currensea for its ease of use and savings on FX fees. One user noted, "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 expressed a minor issue, stating, "Only one time the system did not work but we had some cash for the small amount of the payment (USD)." For more detailed reviews, visit the Trustpilot page.

Which one should you go with?

In conclusion, while each of these financial solutions offers unique features and benefits tailored to different business needs, OneSafe stands out for its seamless integration of traditional and Web3 financial services, exceptional customer support, and comprehensive account features. Whether you're a freelancer, a small business owner, or managing a larger enterprise, OneSafe provides a versatile and secure platform to manage your finances efficiently. If you're exploring alternatives, any of these options could be a good fit, but we highly recommend giving OneSafe a try for a truly game-changing experience.