Top 10 Alternatives to Hype

In this article, we will explore various alternatives to HYPE Business, an online business account designed for individual companies and freelancers with a VAT number. HYPE Business offers features such as free transfers, simplified tax payments, and comprehensive financial management tools. Let's delve into what HYPE does and then examine some other options available in the market.

Reviews

Users have shared a mix of positive and negative feedback about HYPE Business. Many appreciate the platform's free transfers, simplified tax payments, and comprehensive financial management tools. However, some users have expressed frustration with certain aspects, such as occasional technical issues and customer service response times. Overall, the sentiment is that while HYPE offers valuable features, there are areas that could be improved to enhance user experience.

• "The free transfers and tax management tools are incredibly helpful for my small business." - Maria G.
• "Customer service response times can be slow, which is frustrating when you need immediate assistance." - John D.

For more detailed reviews, visit HYPE Reviews.

Best alternatives to Hype

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.

• Simple onboarding process, global payments in various currencies, user-friendly corporate cards with spend limits, multi-currency support (USD, Euro, CAD, etc.), global accounts for international operations, seamless payment options (wire, ACH, foreign exchange), security measures including encryption, compliance protocols, and Multi-Factor Authentication (MFA), near-instantaneous currency conversions with competitive rates.
• Account Opening: Free, Minimum Balance: $0, Monthly Fees: None, Corporate Cards: Included, Invoices: Included, Sending + Receiving US Domestic Payments: 0.1% fee, Sending + Receiving 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 <-> Crypto Conversion: Included.
• Users rave about OneSafe's exceptional customer support and its ability to simplify complex financial tasks. Testimonials highlight its game-changing impact on businesses, especially in Web3, and its seamless currency conversion features. 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: Employee cards with adaptable limits, custom approval policies, real-time oversight, easy receipt capture via app or email integrations, one-click reminders, card blocking for compliance, real-time view of card spend, automatic categorization, integration with leading accounting software, achieve a 4.5x ROI, auto-correct expense report errors, increase finance team productivity, quicker employee reimbursements, annual savings per employee, end-to-end security, privacy by design, regulated e-money products.
• Pricing: Moss offers a free Starter Plan that includes up to 3 users, unlimited virtual debit cards, 1 physical card per user, web and mobile app access, standard accounting integrations, and customizable card limits. For more advanced needs, users can build a custom package with add-ons like Advanced Controlling, Advanced Accounting, Procurement, and ERP integrations. The pricing structure is modular, based on selected modules and add-ons, with a single platform fee regardless of the number of users and a variable fee based on the volume of transactions processed each month.
• Testimonials: Users generally appreciate Moss for its ease of use and efficiency in managing company expenses. 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." On the other hand, a negative comment from Pow highlights some issues: "It worked really well at first...until their recent make-over update. The website layout is no longer user-friendly, and the normally responsive customer care team is nowhere to be found anymore." For more detailed reviews, visit the Moss Reviews page.

3. Kontist

Kontist offers a comprehensive business banking solution 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: All-in-One App combining banking, bookkeeping, and tax return services, 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 like advance VAT returns and compatibility with tax advisers.
• Pricing: Kontist offers three plans:
  • Free Plan: €0/month plus VAT, includes a virtual Visa Debit card, mobile & web banking app, 10 free transactions per month, and the ability to create 2 invoices per month.
  • 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 positive comment from Diogo Nuno Alves de Resende Monteiro states, "Such a great product. Life-changing for solo entrepreneurs and freelancers." On the other hand, a negative comment from Tanya highlights some issues: "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 Kontist Reviews page.

4. Revolut

Revolut Business offers an all-in-one business account designed to help businesses manage their finances more efficiently. It includes features like global payments, multi-currency accounts, smarter spending, and tools to automate and scale business operations.

• Unique Features: Global payments, 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 offers four business account plans:
  • Basic Plan: £0/month, includes local & global account details, 25+ currencies, unlimited team members, physical & virtual cards, online & in-person payments.
  • Grow Plan: From £19/month, includes all Basic features plus exchange up to £10,000 monthly at the interbank rate, no-fee transfer allowance, daily interest with Savings, spend controls & approvals, bulk payments.
  • Scale Plan: From £79/month, includes all Grow features 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 (3.51%), specialized account management.
• Testimonials: Users generally appreciate Revolut for its user-friendly interface and efficient transaction capabilities. One positive comment from Yuriy states, "Revolut app has a very user-friendly interface. Its functionality allows to make transactions in a matter of seconds which is extremely important these days." On the other hand, a negative comment from Nicolas Huynh highlights some issues: "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." For more detailed reviews, visit the Revolut Reviews page.

5. Primis Bank

Primis Bank offers business banking services with a focus on eliminating unnecessary fees and providing advanced technology. Their business banking products include checking and savings accounts with features like no monthly fees, no overdraft fees, no minimum balance requirements, and unlimited transactions. They also offer free cash flow analytics, 24/7 customer support, and specialized resources for sole proprietors.

• Unique Features: No monthly fees, no overdraft fees, no minimum balance requirements, unlimited transactions, free cash flow analytics, 24/7 human support, FDIC protection, free ATM use nationwide, refunds on originating wire fees charged by other banks.
• Pricing: Primis Bank emphasizes fee-free banking with no monthly fees, no overdraft fees, no minimum balance requirements, and unlimited transactions. Additional services like free cash flow analytics and 24/7 customer support are included at no extra cost.
• Testimonials: Users generally have mixed feelings about Primis Bank. One positive comment from Larry states, "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. Hate that there has been some negative feedback but my experience has been positive and I hope his outreach efforts work." On the other hand, a negative comment from Steve highlights some issues: "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! I currently have a debit card that is expiring in less than a week, was told it would arrive a week ago, and as I write this I’ve now been on hold with them for over 20 minutes! Primis bank customer service is non-existent. DO NOT USE THIS BANK…" For more detailed reviews, visit the Primis Bank Reviews page.

6. Anna Money

ANNA Money offers a business account that can be opened online in less than 10 minutes. It includes a business debit card that makes a unique "miaow" sound. The service is designed to go beyond ordinary business banking by providing various features to help manage financial admin tasks efficiently.

• Unique Features: Speedy account setup, virtual business debit cards, payment link and webpage, cash top-up, special partner offers, Apple Pay and Google Pay integration, expense management, money saving pots, instant payment notifications, free direct debits and standing orders, business cashback credit card, small business loans, open banking, FSCS protection.
• Pricing: ANNA Money'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: The general user sentiment towards ANNA Money is predominantly positive, with many users praising the excellent customer service and ease of use. One positive comment from Usman states, "They’re secure, trustworthy and I will definitely be with them for a very long time. They also generate invoices for you automatically when requested and the app is a very smooth experience." On the other hand, a negative comment from anon anon highlights some issues: "Avoid at all costs!!! ANNA have held on to a very large amount of company money for weeks, they are uncontactable or helpful. We have now had to escalate to legal, FCA, PayrNet and the Financial Ombudsman." For more detailed reviews, visit the ANNA Money Reviews page.

7. Soldo

Soldo is a spend management platform that combines pre-programmable, customizable cards with a powerful expense management platform. 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 popular financial systems, financial controls, real-time visibility into spending, enterprise-level security, high ROI, quick payback period, significant time savings.
• Pricing: Soldo offers three main plans:
  • Enterprise Plan: Customizable solution for large organizations. Pricing available upon contact. Features include unlimited users, cards, bank transfers, enterprise workflows, API access, and more.
  • Plus Plan: €33 per month (excluding 20% VAT), 30-day free trial, includes 3 users, 30 cards, multi-currency support, advanced reporting, and more.
  • Standard Plan: €21 per month (excluding 20% VAT), 30-day free trial, includes 3 users, 20 cards, standard reporting, and more.
  • Additional Costs: Physical cards: €5 issuance fee per card, virtual cards: €1 issuance fee per card, temporary virtual cards: €0.50 issuance fee per card, additional users: €7 per Standard user per month or €11 per Plus user per month, outbound bank transfers: €0.75 per transaction, FX and ATM fees: 1% with a minimum of €2.
• Testimonials: Users generally appreciate Soldo for its helpful customer service and efficient spend management features. One positive comment from Gina Ansell states, "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." On the other hand, a negative comment from Alexander Nosic highlights some issues: "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 Soldo Reviews 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 by regulated partners and are designed to cater to businesses of all sizes and structures.

• Unique Features: Fast onboarding, top-grade security, low monthly fee, invoicing module, local IBAN accounts, corporate cards, 24/7 support, currency exchange, scalable account plans.
• 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 efficient service. One positive comment from Axel states, "OMW really deserve 5 stars. Immediate reaction once I applied. Special mention for DENNI." On the other hand, a negative comment from Simon highlights some issues: "Read the conditions carefully and disregard verbal promises. Verbally promised me that I could freeze the account, I was billed as soon as the account was created." For more detailed reviews, visit the OneMoneyWay Reviews 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 free ACH transfers, free incoming wires, secure payments, and free virtual and physical debit cards. 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 with low-cost express availability, free incoming wires, free virtual and physical debit cards, ATM fee reimbursement up to $7/month, AI-powered bookkeeping, automated budgeting with Reserves, integration with top business tools, exclusive partner discounts, personalized customer service, FDIC insurance up to $250,000 via Middlesex Federal Savings, F.A.
• Pricing: Novo emphasizes a fee-free structure with no hidden fees and no minimum balance requirements. The account includes free ACH transfers, free incoming wires, and ATM fee reimbursement up to $7/month. Additional services like AI-powered bookkeeping and automated budgeting are included at no extra cost.
• Testimonials: Users generally appreciate Novo for its simplified financial management and excellent customer support. One positive comment from Lisa Benson states, "Novo: A Game-Changing Small Business Bank for Simplified Finances and Unbeatable Support." On the other hand, a negative comment from Clean Sweep highlights some issues: "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 Novo Reviews page.

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 designed to be easy to use, with no need to top up or carry cash, and it supports spending in 180 currencies.

• Unique Features: Direct link to existing bank accounts, no hidden fees, real-time exchange rates, instant spend notifications, Mastercard purchase protection, ability to freeze the card, two-factor authentication, spend limits, supports tree planting and plastic recovery projects, multiple pricing plans.
• Pricing:
  • Essential Plan: Subscription-free, 0.5% FX rate on spending abroad, 0.5% FX rate on money transfers (£100 - £20,000), 0.5% FX rate on ATM withdrawals (2% rate over £500/month).
  • Premium Plan: £25 per year, 0% FX rate on spending abroad, 0.5% FX rate on money transfers (£100 - £20,000), fee-free ATM withdrawals (1% rate over £500/month), car hire discounts, 4% cashback on Booking.com, complimentary nights at Preferred Hotels & Resorts.
  • Elite Plan: £120 per year, 0% FX rate on spending abroad, 0.5% FX rate on money transfers (£100 - £20,000), fee-free ATM withdrawals (1% rate over £750/month), luxury travel concierge, priority access to luxury hotels, worldwide airport lounge access for £24/pp with LoungeKey.
• Testimonials: Users generally appreciate Currensea for its ease of use and cost savings. One positive comment from IAG states, "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. I’m currently in Japan and receiving notifications and emails for each purchase in Yen with its Sterling equivalent. So I know exactly how much I’m spending. It feels safer using this card than my regular bank’s credit card, and I’m saving money too! I can’t see any drawbacks at all. Highly recommended." On the other hand, a negative comment from Paul highlights some issues: "First time user of this type of card so was a bit sceptical of the claims made, but turns out that it does what it says and was excellent. Only one time the system did not work but we had some cash for the small amount of the payment (USD). Definitely recommend Currensea." For more detailed reviews, visit the Currensea Reviews page.

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, exceptional customer support, and seamless integration of fiat and cryptocurrency operations. Whether you're a startup, freelancer, or established business, OneSafe provides a robust, user-friendly solution that simplifies complex financial tasks. 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 HYPE Business. Explore your options and choose the one that best aligns with your business goals.