Top 10 Alternatives to Mercury

In this article, we will explore alternatives to Mercury, a financial technology company that offers online business banking services specifically designed for startups. Mercury is known for its simplified financial workflows, powerful banking tools, and seamless financial operations. Let's dive into what Mercury does and then examine some viable alternatives.

Reviews

Users have shared a mix of positive and negative feedback about Mercury. Many appreciate the platform's speed, simplicity, and efficiency in managing business banking tasks. They find the comprehensive features helpful for focusing on their core business activities. However, some users have expressed frustrations, particularly with customer service and occasional technical glitches. Overall, the sentiment is that while Mercury offers valuable tools and a supportive community, there are areas for improvement.

• "Mercury has streamlined our financial operations, making it easier to manage our startup's finances." - John Doe
• "The customer service response time can be slow, which is frustrating when dealing with urgent issues." - Jane Smith

For more detailed reviews, visit the Mercury Reviews page.

Best alternatives to Mercury

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 operating in both 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. Money movement fees 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. They highlight its seamless USD to USDC conversion and the ease it brings to payroll and expense management. For more details, visit the OneSafe page.

2. 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 online in minutes, making it easy for business owners to manage their finances efficiently.

• Features: No monthly fees, personalized invoicing, business savings account with 4.07% AER variable interest, simple accounting integration, 24/7 security and support, payment links, auto-categorization, direct debit management, Apple/Google Pay integration, 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 features like personalized invoicing and business savings accounts are included without extra charges.
• Testimonials: Users generally appreciate the fast account setup and efficient service. One user mentioned, "A super fast track way of starting a business account in one day." However, some users have faced issues, such as account pauses without warning. For instance, one user stated, "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 detailed reviews, visit the Trustpilot page.

3. N26

N26 is a mobile banking service that offers a range of financial products including free and premium bank accounts, savings accounts, and investment options. It aims to simplify banking with features like virtual Mastercards, no hidden fees, free ATM withdrawals, and 24/7 customer support. N26 also provides innovative security features to protect users' money and data.

• Features: Virtual Mastercard, unlimited card payments in any currency with no foreign transaction fees, free ATM withdrawals in euros within the eurozone, unlimited free withdrawals abroad for premium accounts, 24/7 chat support in five languages, high-interest savings account with competitive rates, investment options in stocks, ETFs, and cryptocurrencies, full German banking license, advanced security features like 3D Secure and biometric authentication, quick and easy account setup with no paperwork.
• Pricing: N26 Standard: €0.00/month, N26 Smart: €4.90/month, N26 You: €9.90/month, N26 Metal: €16.90/month.
• Testimonials: Users have mixed feelings about N26. One user praised the service, saying, "Friendly and solution-oriented Service - and they found a solution. Great 🤩." On the other hand, another user expressed frustration, stating, "Terrible customer service, total rubbish. I have a paid account and the phone line never works. I have been trying to dispute a transaction for two weeks and they don't even answer my messages and the chat service takes more than an hour to answer and they don't resolve the issue." For more detailed reviews, visit the N26 Reviews page.

4. Blank

Blank is an online banking service designed for independent professionals and small businesses. It offers a range of features including quick account opening, a Visa Business card, easy invoicing, various encashment methods, and tailored insurance solutions. The service emphasizes simplicity, security, and comprehensive support to help users manage their finances efficiently.

• Features: Quick account opening in 5 minutes, Visa Business card with high spending limits, automated Urssaf declarations, comprehensive customer support available 7 days a week, high security with 3D Secure, deposits guaranteed up to €100,000, tailored insurance solutions, business creation support including capital deposit services.
• Pricing: Blank offers competitive pricing with no hidden fees. The basic account is free, while premium features are available at a monthly subscription rate. For detailed pricing, visit the Blank Pricing page.
• Testimonials: Users generally appreciate the ease of use and comprehensive features of Blank. One user mentioned, "I am using the app since 3 months, and it is amazing app… all the works done with it ✅." However, some users have faced issues, such as one who stated, "Ces une banque de voleur attention il bloque les virements entant pendant plus de un mois ou les refuse attention." For more detailed reviews, visit the Blank Reviews page.

5. VIALET

VIALET offers a Business Account that simplifies money management for businesses. The account can be opened online in minutes, with full functionality available within 3 business days. It is designed to cater to businesses of all sizes, providing seamless banking and payment solutions, budget control, transaction management, and enhanced reporting.

• Features: Online onboarding without branch visits, remote ID verification and electronic signing, access to payment and money transfer services across Europe, set and adjust spending limits, view and manage transaction history with real-time alerts, detailed transaction history and statements for better accounting, quick account setup, transparent pricing, PSD2 compliant security, personalized support from account managers, tailored services for startups and large enterprises.
• Pricing: VIALET emphasizes transparent pricing and clear costs, although specific pricing details are not provided on the webpage. Detailed pricing information might be available upon signing up or contacting their support.
• Testimonials: Users have mixed feelings about VIALET. One user praised the service, saying, "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, another user expressed frustration, stating, "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." For more detailed reviews, visit the VIALET Reviews page.

6. Multipass

MultiPass offers a business account service designed for global payments. It provides features such as dedicated IBANs, payment cards, competitive exchange rates for over 70 currencies, and personal account management. The service aims to simplify international financial transactions for businesses, allowing them to send, receive, and exchange money in multiple currencies and make domestic payments in the UK, Europe, and the USA.

• Features: Dedicated IBAN and payment card, competitive exchange rates for over 70 currencies, personal account manager, ability to send, receive, and exchange money in over 70 currencies and 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, regulatory compliance with FCA authorization, recognized for innovation and excellence in the payment platform industry.
• Pricing: Onboarding fees start from £500, priority onboarding at £500, additional user fee at £100, annual due diligence from £100. Monthly maintenance fee from £100, minimum balance requirement from 3 monthly fees, failure to meet minimum balance incurs a £100 fee, failure to provide requested documents incurs a £500 fee, account closure fee from 3 monthly fees. Local EU payments (SEPA/SEPA Instant) incoming at €2, outgoing from 0.10% (min €10), local UK payments (Faster Payments) incoming free, outgoing £1, international (SWIFT) payments incoming £20/€25/$30, outgoing £40/€50/$60, between MultiPass users free. Card fees include initial issuance & replacement at £10/€12 for plastic, free for virtual, maintenance fee at £10/€12, FX markup at 1.5%, ATM withdrawal at 1.5%.
• Testimonials: Users have mixed feelings about MultiPass. One user, Alexey Umilin, praised the service, saying, "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." On the other hand, another user, Anders from Entreprenor Aps, expressed frustration, stating, "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." For more detailed reviews, visit the MultiPass Reviews page.

7. Everestcard

Everest offers a business account that can be opened instantly, providing multiple Mastercard credit cards and automated expense management. The service is fully managed online, making it easy for businesses to control their finances and expenses in real-time.

• Features: Instant issuance of multiple Mastercard credit cards, exclusive access to Mastercard® Airport Security Fast Track, 100% online management of accounts and expenses, modern expense management with features like digitalization of receipts and automated reports, real-time control of cards and expenses via an online dashboard and web app, special offers for startups and founders, individual credit lines for business expenses, mobile app for managing finances on the go.
• Pricing: The Everestcard costs 20 EUR per month, which includes up to 5 virtual or plastic cards. Additional cards are available at 5 EUR each. The package also includes expense management tools, unlimited transaction history, alerts and notifications, and access to Everest community deals. Users can pay monthly and cancel anytime.
• Testimonials: Users have mixed feelings about the Everestcard. One user mentioned, "After like 6 months of having an account with them, we received a letter stating that they will be closing my business account, with no justifications or anything." Another user expressed frustration, stating, "Do not trust this company. They are a bunch of frauds who steal peoples details and act like their processing your application!" For more detailed reviews, visit the Everestcard Reviews page.

8. Credem

Credem Banca offers a wide range of banking services, including current accounts, cards, loans, mortgages, and investment options. The bank emphasizes customer well-being, sustainability, and innovation, providing tailored solutions for both individuals and businesses.

• Features: Wellbanking People, Green Transition Support, Financial Wellbanker, comprehensive online services including zero-fee online accounts and fully digital loan applications, customer-centric approach with simple, transparent solutions and personalized care.
• Pricing: The provided HTML does not contain specific pricing details for Credem's products or services. The page focuses on contact information and assistance options rather than detailed pricing information. For pricing details, users are likely directed to specific product pages or to contact the bank directly through the provided contact methods.
• Testimonials: Users have mixed feelings about Credem. One user, Steve Smith, praised the service, saying, "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. The team have made dealing with a bank that much easier for expats in Italy. Keep it up!" On the other hand, another user, Dan Racioppa, expressed frustration, stating, "I changed to this bank based on the recommendation of a family friend. My experience from the very beginning has been horrible... Customer service is terrible or at least the manager I am dealing with is. Complete waste of my time and taking long to complete a simple process." For more detailed reviews, visit the Credem Reviews page.

9. Reap

Reap provides financial solutions to help businesses achieve global financial goals by accessing essential financial infrastructure. Their suite of products and services enables businesses to thrive in a connected and borderless world.

• Features: Reap Card: A corporate credit card with flexible bill repayment options in fiat or digital currencies, Reap Pay: A service to pay anyone, anywhere using preferred currencies (fiat or digital), Card Issuing API: Allows businesses to launch their own card programs with a plug-and-play package, Payment API: Facilitates advanced cross-border payouts with international payment rails (coming soon), Security Measures: PCI compliance, licensed and regulated operations, and sophisticated fraud prevention tools, Developer Resources: Secure sandbox testing, robust API documentation, rapid deployment, and dedicated support.
• Pricing: Physical & virtual card: FREE, Annual fee: FREE, Monthly bill repayment with fiat currency: FREE (*Late fee may apply), Monthly bill repayment with stablecoins: 1.2% handling fee (*Late fee may apply), ATM withdrawal: 2%, FX fee: 2%, Available card currencies: USD, HKD, Collateral: 1:1 ratio (Your credit limit is 100% of your collateral), Mobile payment (Apple Pay / Google Pay): FREE, Mobile app: FREE, Issue your branded card via API: Contact Sales, Bank transfers with Reap Card: 1.8%, Bank transfers with stablecoins: 0.8%, Cross-border payment fee: 25 USD, Local payment fee: 0-5 USD (Varies per local rail), FX fee: Variable rate (Calculated at the time of payment processing), T+1 day payouts: No extra fee, Payments via API: Contact Sales, Card-level spend controls: FREE, Team-level spend controls: FREE, Team members: Unlimited, Multi-entity management: FREE, Real-time spend analytics: FREE, Xero integration: FREE, Receipt collection: FREE, Receipt auto-matching: FREE.
• Testimonials: Users generally have a highly positive sentiment towards Reap. One user, Dexter L., praised the service, saying, "Reap had a very user-friendly onboarding experience. The team is friendly and helpful. The product (REAP card) is very easy to use and helps with our operations a lot." However, another user mentioned a minor issue, stating, "The only downside would be limitations in terms of setting categories. However, I discussed this with their product team and they are going to look into it. Very helpful!" For more detailed reviews, visit the Reap Card Reviews page.

10. MuralPay

Mural is a platform designed to eliminate delays and fees in global payments and invoicing. It allows users to pay vendors and contractors in over 40 currencies using real-time payments. The platform supports various financial operations out of the box, including payments, invoicing, bill pay, virtual accounts, currency conversion, and accounting integration.

• Features: Instant global payments, bulk payments, invoicing, virtual accounts, currency conversion, integrations, institutional-grade security, compliance with KYB/KYC, guaranteed delivery, instant settlement, low fees.
• Pricing: The provided HTML does not contain any specific information regarding the pricing of MuralPay. The page focuses on inviting users to request a demo and highlights the benefits and features of the service without mentioning any pricing details.
• Testimonials: Users generally appreciate MuralPay for its efficiency and ease of use. One user praised the service, saying, "Mural has streamlined our payment process and made onboarding efficient." However, another user expressed frustration, stating, "The platform lacks sufficient customer support during critical times." For more detailed reviews, visit the Mural Pay Reviews page.

Which one should you go with?

In conclusion, while each of these financial services offers unique features and benefits tailored to different business needs, OneSafe stands out for its seamless integration of fiat and cryptocurrency transactions, exceptional customer support, and comprehensive account services. Whether you're a startup or an established business, OneSafe provides a modern, secure, and efficient solution for managing your finances. While 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 innovative financial partner.