Top 10 Alternatives to OneMoneyWay

In this article, we will explore various alternatives to OneMoneyWay, a digital platform known for facilitating global payments and financial services for businesses. OneMoneyWay offers a range of services including business accounts, corporate cards, currency exchange, and card acquiring services, all designed to support international transactions with top-grade security and low fees.

Reviews

Users have shared a mix of positive and negative feedback about OneMoneyWay. Many appreciate the platform's fast onboarding process, top-grade security, and low monthly fees. The dedicated account manager and 24/7 support are also frequently highlighted as beneficial. However, some users have expressed frustration with the time it takes to open an account, which can range from 2-4 weeks, and the requirement for companies to be registered in Europe or the UK. These aspects have been noted as potential hurdles for businesses looking to quickly set up their accounts and operate globally.

• "The onboarding was incredibly fast, and the support team is always available to help." - John D.
• "It took almost a month to get my account set up, which was quite frustrating." - Sarah K.

For more detailed reviews, visit OneMoneyWay Reviews.

Best alternatives to OneMoneyWay

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, including global payments, corporate cards, and multi-currency support.

• Features: Simple onboarding, global payments, corporate cards, multi-currency support, global accounts, seamless payments, state-of-the-art security measures.
• Pricing: Free account opening, $0 minimum balance, no monthly fees, included corporate cards and invoices, 0.1% fee for US domestic payments, 0.2% fee for SEPA payments, 0.2% fee + $25 Swift for international wires, $20 Fedwire fee, 1% FX fee on corporate cards, 0.1% fee for USDT transactions, included fiat to crypto conversion.
• Testimonials: Users praise OneSafe for its exceptional customer support, seamless USD to USDC conversion on Polygon, and revolutionizing payroll and banking processes for Web3 organizations. For more details, visit the OneSafe website.

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 in minutes, and it includes personalized invoicing, business savings, simple accounting, security, and 24/7 support.

• Features: No monthly fees, personalized invoicing, business savings with 4.07% AER variable interest, simple accounting, 24/7 account monitoring, payment links, auto-categorization, direct debit management, Apple/Google Pay, international payments, CSV exports.
• Pricing: Tide offers a free business bank account with no monthly fees. Transaction fees are low, and there are charges for specific services like ATM withdrawals and international payments. Additional plans such as Plus, Pro, and Cashback offer more features at varying costs.
• Testimonials: Users generally appreciate the ease of setting up accounts and the helpful customer service. One user, Jason K, mentioned, "A super fast track way of starting a business account in one day." However, some users have faced issues, like Alex, who said, "Terrible experience. Paused our account without warning." For more reviews, visit Trustpilot.

3. Finom

Finom offers a business account with cashback, invoicing, and accounting tools. It is designed for SMEs, freelancers, and companies under registration, providing an IBAN account that can be opened online. The service includes features like fast payments, expense control, and personal assistance.

• 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 data analytics.
• Pricing: Corporate Plan starts from €149 per month (excl. VAT) with an annual payment option from €119 per month (excl. VAT). Enterprise Plan starts from €339 per month (excl. VAT) with an annual payment option from €249 per month (excl. VAT). Additional fees include €15 per extra team member, €5 for SEPA Instant transfers, €5 per international payment, and more.
• Testimonials: Users generally appreciate the customer-friendly service and fast support. Vladislav Vashchenko mentioned, "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." On the other hand, Mr. Paulo Gonçalves expressed frustration, stating, "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." For more reviews, visit Trustpilot.

4. Soldo

Soldo is a spend management platform that helps businesses streamline and simplify their spending processes. It offers tools like physical and virtual Mastercards, a management platform, a mobile app, and integrations with financial systems.

• Features: Pre-programmable customizable cards, powerful expense management platform, integrations with financial systems, real-time insights, enterprise-level security, significant ROI and time savings.
• Pricing: Enterprise Plan - customizable, contact for pricing; Plus Plan - €33 per month excluding 20% VAT, 30-day free trial; Standard Plan - €21 per month excluding 20% VAT, 30-day free trial; additional costs include physical cards (€5 issuance fee per card), virtual cards (€1 issuance fee per card), temporary virtual cards (€0.50 issuance fee per card), adding users (€7 per Standard user per month or €11 per Plus user per month), outbound bank transfers (€0.75 per transaction), 1% FX fee, and 1% ATM fee with a minimum of €2.
• Testimonials: Users generally appreciate Soldo's helpful customer service and ease of use. Gina Ansell mentioned, "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." On the other hand, Alexander Nosic expressed frustration, stating, "Our account was frozen and closed without any reasons. I believe Soldo has certain problems with the UK regulator right now." For more reviews, visit Trustpilot.

5. Wise

Wise offers an international account that allows users to send, receive, and manage money in multiple currencies. The service is designed to provide cost-effective and transparent international money transfers, with features like a multi-currency account, Wise debit card, and the ability to earn interest on balances. Wise is regulated by the Financial Conduct Authority and is trusted by millions of customers worldwide.

• Features: Multi-currency account, cost savings on international transfers, Wise debit card for global spending, interest on balances, business accounts for international transactions, regulatory compliance, high customer trust, robust security measures.
• Pricing: Registering with Wise is free. Sending money incurs a fee starting from 0.29%, holding money in over 40 currencies is free, receiving local payments is free, receiving USD wire and Swift payments costs $6.11 USD, and receiving CAD Swift payments costs $10 CAD. Receiving Swift payments in 21 currencies is free, though correspondent banks might charge fees.
• Testimonials: Users generally appreciate Wise for its ease of use and cost savings. Cherilyn A. 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, some users have faced issues with customer support. A verified user stated, "Customer Support is the worst among all the products that I used, they're just incompetent." For more reviews, visit G2.

6. Brex

Brex offers a comprehensive financial platform that includes corporate credit cards, expense management, business banking, bill pay, accounting, and travel management. Their services are designed to help businesses of all sizes spend smarter, automate financial processes, and maximize their financial resources using AI-powered tools.

• Features: AI-powered automation, global reach in 120+ countries, 4.31% yield on business accounts, real-time tracking, 20x higher credit limits, 99% expense policy compliance, ERP integrations, five-star mobile app, vendor-specific cards.
• Pricing: Essentials Plan at $0 per user per month, Premium Plan at $12 per user per month, Enterprise Plan with custom pricing, Smart Card with custom pricing.
• Testimonials: Users generally appreciate Brex for its ease of use and comprehensive features. Andrew S. 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, Mike A. 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 G2.

7. Fiducial Banque

FIDUCIAL Banque offers a comprehensive online banking service tailored for professionals, including SMEs, artisans, and associations. The service features a dedicated advisor, a wide range of banking services, and competitive rates starting at 12€ HT/month. The bank provides 24/7 access to accounts via a client space and mobile app, ensuring convenience and efficiency for professional clients.

• Features: Dedicated advisor, licensed by ACPR, comprehensive payment methods (CB, cheques, SEPA transfers, international transfers, cash), complete banking services (investments, financing), 24/7 online account management, transparent pricing, 100% French-based services, awarded "Meilleure banque pro en ligne 2024".
• Pricing: The professional account starts at 12€ HT per month.
• Testimonials: Users generally appreciate the dedicated advisor and transparent pricing. One user, SOleil Or, mentioned, "Je suis personnellement très satisfait de cette banque. C’est la seule qui propose un conseiller dédié... Faites-vous votre propre opinion!" However, another user, SAS AVACOM, expressed frustration, stating, "Attention !!! belle arnaque !!!... Fiducial fou un bordel dans votre business, leur seule réponse : « on ne peut rien faire. Il faut juste attendre »... J’espère au moins que mon commentaire aidera certain à ne pas se faire avoir." For more reviews, visit Trustpilot.

8. Mercury

Mercury offers online business banking services designed for startups, providing a range of features such as efficient financial management, seamless payment processing, early access to credit cards, and advanced security measures. The platform aims to simplify financial workflows and support business growth through various tools and integrations.

• Features: Manage banking tasks from a single dashboard, set auto-transfer rules, send free USD wires, unlock credit cards with low deposit minimums and earn unlimited 1.5% cashback, FDIC insurance up to 20x the industry standard, AI-powered bill pay, seamless invoicing, expense management, accounting automations, Mercury Treasury for high-yield investments, venture debt for startups, free SAFEs for fundraising, access to a network of investors, founders, and experts through Mercury Raise.
• Pricing: Mercury offers three main plans: Mercury (free) with essential business banking features, Mercury Plus ($35/month) with additional billing and invoicing power, and Mercury Pro ($350/month) with advanced workflows and dedicated support. Custom solutions are available for enterprise clients.
• Testimonials: Users generally appreciate Mercury for its ease of use and responsive customer support. Vladimir mentioned, "Simple and easy-to-use platform and great customer support. The UI is clean and intuitive, the fees are low, and the support very responsive." However, some users have faced issues, like Sam Kim, who stated, "First, Mercury declined my application. So I replied. What must I do to correct and resubmit so that I can get it approved? The response from Mercury, there isn't much information or reasons they can provide. And I'm not allowed to resubmit." For more reviews, visit Trustpilot.

9. 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 automation tools. The account is suitable for businesses of all sizes and provides essential tools to operate locally and globally.

• Features: Global payments to over 150 destinations, manage money in multiple currencies, exchange 25+ currencies at the interbank rate, issue physical and virtual cards, set spend controls and approvals, sync accounting software, capture and pay bills with AI, reconcile expenses rapidly, access to 45+ million Revolut customers to boost sales, tools to plan, manage, and track spend, grow money with daily returns at great rates, manage currency risk with forward contracts and Limit and Stop orders, manage all companies, branches, and business entities from one app.
• Pricing: Revolut Business offers several plans to suit different business needs:
  • Basic Plan: From £0/month, includes local & global account details, currency exchange, unlimited team members, physical & virtual cards, online & in-person payments.
  • Grow Plan: From £19/month, includes everything in Basic plus exchange up to £10,000 monthly at the interbank rate, savings interest, spend controls, bulk payments.
  • Scale Plan: From £79/month, includes everything in Grow plus exchange up to £50,000 monthly at the interbank rate, more no-fee transfers, higher savings interest.
  • Enterprise Plan: Custom pricing, includes custom allowances for transfers and currency exchange, highest savings rate, specialized account management.
• Testimonials: Users generally appreciate Revolut for its convenience and efficiency. Kavita Gunaratne mentioned, "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." However, some users have faced issues, like Nicolas Huynh, who stated, "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 a few days. According to Revolut, this is my problem and they can't help." For more reviews, visit Trustpilot.

10. Propulse by CA

Propulse by Crédit Agricole is a 100% online professional account service designed to support entrepreneurs in managing their business activities. It offers a range of features including online account management, business planning tools, and comprehensive support resources.

• Features: Fully online professional payment account managed by Okali, quick setup in less than 5 minutes, flexible payment limits up to 40,000 € per month, integrated tools for creating invoices and automatic Urssaf declarations, free online business plan tool with automatic financial calculations and step-by-step guidance, access to over 1500 articles, practical guides, and events for entrepreneurs.
• Pricing: Pricing starts at 8 € HT/month with no commitment and the first month free.
• Testimonials: Users generally appreciate the ease of use and support features. Wassim Y. mentioned, "Change la vie" (Life-changing). However, Mathieu P. noted, "Frankly, a 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 Trustpilot.

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 comprehensive financial services, seamless integration of fiat and cryptocurrencies, and exceptional customer support. Whether you're a startup or an established business, OneSafe provides a robust and secure solution to manage your financial operations efficiently. While any of these alternatives could be a good fit depending on your specific requirements, we recommend considering OneSafe if you're looking for a reliable and innovative financial platform to support your business growth.