Top 10 Alternatives to Wise

Wise is a financial technology company that offers international money transfer services and multi-currency accounts. This article will explore various alternatives to Wise, focusing on their features, benefits, and how they compare to Wise's offerings.

Reviews

Users have shared a mix of positive and negative feedback about Wise. Many appreciate the platform's speed and simplicity, highlighting how it makes international transfers straightforward and cost-effective. Frequent travelers and expatriates find Wise particularly useful for managing finances across borders. However, some users have expressed frustration with occasional delays and customer service issues. Overall, the sentiment is largely positive, with users valuing the transparency and efficiency of Wise's services.

• "Transfers are simple and very, very fast." - Stuart
• "Always fast transactions and good fees. An invaluable online bank for those who live outside their own country or are frequent travellers." - Megan

For more detailed reviews, visit Wise Business Reviews.

Best alternatives to Wise

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. 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, crypto to fiat conversions, no commission fee.
• Pricing: Account opening is free, no minimum balance, no monthly fees, corporate cards and invoices included. US domestic payments have a 0.1% fee, SEPA payments 0.2%, international wires 0.2% + $25 Swift, Fedwire $20, FX fee on corporate cards 1%, USDT transactions 0.1%, 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 companies. For more details, visit the OneSafe website.

2. Ampere

Ampere is an all-in-one financial service designed for businesses, offering a range of products including business accounts, currency exchange, loans, merchant accounts, debit cards, and invoicing tools. It aims to simplify financial management for businesses by providing low exchange rates, quick account opening, and comprehensive business tools accessible via a single app.

• Unique Features: All-in-One Business Current Account, low currency exchange rate of 0.35%, tailored business loans and commercial mortgages, free merchant account set-up with rates from 0.65%, smart invoicing directly from the bank account, quick account opening for GBP and EUR accounts, corporate & private debit card with no monthly fees and flexible repayment options, twice-weekly settlements for merchant accounts.
• Pricing: Business account setup fee: £35.00, business account maintenance per month: £20.00, private account setup fee: £25.00, private account maintenance per month: £10.00, local transfers in GBP and EUR: free of charge, incoming international transfer in GBP/EUR (SWIFT): £25.00, currency exchange (EUR/GBP, GBP/EUR): 0.35% from the exchange amount, card issue: £15.00, card monthly fee: free of charge, ATM domestic and international withdrawal: £1.50.
• Testimonials: The general sentiment towards Ampere is positive, with many users praising its customer service and reliability. One user, Balaji Pawar, commented, "I’ve been with Ampere for a while, and I can confidently say their customer service is one of the best I’ve experienced." On the other hand, Jaeme expressed dissatisfaction, stating, "Not only the worst bank but possibly the worst company I’ve ever dealt with." For more detailed reviews, visit the Ampere Reviews page.

3. RelayFi

Relay is an online business banking platform that offers small businesses comprehensive control over their finances. It provides features like business checking and savings accounts, receipt management, accounts payable, and the Relay Visa® Credit Card.

• Unique Features: No account fees, overdraft fees, or minimum balances, up to 20 individual checking accounts and 2 savings accounts with 1.00%-3.00% APY, physical and virtual cards for team members, credit cards with 1.5% cash back, payments via ACH transfer, wire, and check, direct integrations with QuickBooks Online and Xero, receipt capture and storage, role-based user permissions for delegating money management tasks, 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 business banking features. The Relay Pro plan starts at $30 per business per month, offering additional features like faster ACH, free wire payments, and advanced accounts payable management. For accountants and bookkeepers, Relay Pro is also available at $30 per client per month, with tailored features for managing accounts payable and a partner program with revenue sharing and discounts.
• Testimonials: Users generally appreciate Relay for its comprehensive features and excellent customer service. Adam Harmon praised the platform, stating, "No joke, the best customer service experience I have had in life to date." On the other hand, Chuck Lu expressed frustration, saying, "TERRIBLE! TERRIBLE! TERRIBLE! services. Took them 7 business days to clear initial ACH deposit to open account." For more detailed reviews, visit the Trustpilot page.

4. 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, providing real-time insights, and integrating with popular accounting software.

• Unique Features: Customizable physical and virtual Mastercards®, comprehensive management platform, mobile app for tracking expenses and capturing receipts, seamless integrations with financial systems like Xero and QuickBooks, advanced financial controls, real-time spending insights, enterprise-level security with PCI DSS Level 1 and ISO/IEC 27001 certifications, proven economic impact with significant ROI and time savings.
• Pricing: Soldo offers three main plans: the Enterprise plan with customizable features and pricing upon request, the Plus plan at 33€ per month (excluding 20% VAT) for 3 users and 30 cards, and the Standard plan at 21€ per month (excluding 20% VAT) for 3 users and 20 cards. Additional fees include issuance fees for physical and virtual cards, user addition costs, outbound bank transfer fees, and other predictable fees.
• Testimonials: The general user sentiment towards Soldo is overwhelmingly positive. Gina Ansell praised the helpfulness and clarity of online advisors, stating, "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, saying, "Our account was frozen and closed without any reasons." For more detailed reviews, visit the Trustpilot page.

5. Payhawk

Payhawk is a comprehensive spend management platform designed for multinational businesses. It combines company cards, international bank payments, accounts payable with purchase orders, expense management, bank accounts in dedicated currencies, and leading integrations with ERP and accounting software into one system.

• Unique Features: One global card program, multilingual AI-powered data extraction, fast payments and reimbursements, multi-entity dashboard and group controls, market-leading ERP integrations, highly customizable expense coding and categorization, advanced security and compliance, dedicated customer support.
• Pricing: Payhawk offers several plans:
  • Premium Cards: Includes dedicated bank accounts, Visa credit and debit cards, virtual and physical cards, advanced card controls, carbon emissions tracking, automatic expense creation, automated reconciliation, and accounting software integrations.
  • All-In-One Spend: Includes all Premium Cards features plus expense management, free domestic reimbursements, end-to-end invoice management, advanced approval workflow, budget tracking, and a dedicated customer success manager.
  • Enterprise: Includes all All-In-One Spend features plus purchase orders with 3-way matching, multi-entity dashboard, enterprise accounting integrations, HR integrations, and SSO/SAML authentication.
  • Growth Program: Special offer at £149/month for 24 months, available for businesses with less than 50 employees registered in EEA or UK/I.
  • Common Features: Unlimited users, transactions, and document processing, cashback on card spend, user-friendly app and web portal, dedicated implementation manager, live chat and multilingual support, AI-driven receipt scanner for 60+ languages.
• Testimonials: Users generally appreciate Payhawk for its efficiency and customer support. Fabio De La Cruz commented, "This is a great payment platform for automated online billing. It has made our bookkeeping so much easier and reduced the administrative time required." On the other hand, Bastian Gotter expressed frustration, stating, "Payhawk changed their business focus to larger customers and gave me ten business days' notice to close my account." For more detailed reviews, visit the Trustpilot page.

6. Credem

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

• Unique Features: Wellbanking People, Green Transition Services, Financial Wellbanker, Innovative Digital Solutions, Customer-Centric Approach.
• Pricing: The provided content does not include specific pricing details for Credem's products or services. For detailed pricing information, users are encouraged to visit specific product pages or contact the bank directly through the provided contact methods.
• Testimonials: Users generally have mixed feelings about Credem. Steve Smith praised the bank, stating, "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." On the other hand, Dan Racioppa expressed frustration, saying, "My experience from the very beginning has been horrible... Customer service is terrible or at least the manager I am dealing with is." For more detailed reviews, visit the Trustpilot page.

7. Brex

Brex is a financial technology company offering a comprehensive suite of financial services including corporate credit cards, expense management, business banking, bill pay, and travel management. Their platform leverages AI to automate financial processes, providing tools to control spend, automate busywork, and maximize financial resources.

• Unique Features: AI-powered automation, global reach in 120+ countries, 4.31% yield on cash from day one, real-time expense tracking, auto-enforced spend controls, up to 20x higher credit limits, comprehensive financial stack for businesses at various stages of growth.
• 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 comprehensive features. Andrew S. commented, "Brex makes expense reporting so simple. The text feature on your phone to record receipts makes it almost impossible to forget to record expenses." On the other hand, 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 detailed reviews, visit the G2 page.

8. Reap

Reap provides financial solutions that enable businesses to thrive in a connected and borderless world. Their offerings include corporate credit cards, payment solutions, and API infrastructure for card issuing and payouts.

• Unique Features: Reap Card with flexible bill repayment options in fiat or digital currencies, Reap Pay allowing payments in preferred currencies, Card Issuing API for launching card programs, Payment API for advanced cross-border payouts, PCI compliance, MSO license in Hong Kong, sophisticated fraud prevention tools, secure sandbox testing, robust API documentation, rapid deployment, 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, 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, FX fee: Variable rate, 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 appreciate Reap for its user-friendly onboarding and helpful team. Dexter L. commented, "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, some users noted limitations in setting categories, as Dexter L. also mentioned, "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 G2 page.

9. Fiducial Banque

FIDUCIAL Banque offers a professional online banking account starting at 12€ HT/month. The service includes a dedicated advisor from the account opening, a wide range of banking services tailored for professionals, and 24/7 access to an online client space and mobile app. The bank is recognized as the best online bank for professionals in 2024 and provides comprehensive support for current and future banking needs.

• Unique Features: Dedicated advisor, licensed bank, comprehensive payment methods, complete banking services, 24/7 availability, transparent pricing, French origin, recognized as the best online bank for professionals in 2024.
• Pricing: Professional account pricing starts at 12€ HT/month.
• Testimonials: Users generally have mixed feelings about FIDUCIAL Banque. SOleil Or expressed satisfaction, stating, "Je suis personnellement très satisfait de cette banque. C’est la seule qui propose un conseiller dédié... Faites-vous votre propre opinion!" On the other hand, abdel malik Abdel criticized the bank, saying, "Une bande d’escrocs Fabien Thomas un commercial pas honnête et vicieux qui ne tient nullement ses engagements." For more detailed reviews, visit the Trustpilot page.

10. Primis Bank

Primis Bank offers business banking solutions that are fee-free, high-tech, and fully loaded with features. Their business checking and savings accounts come with no monthly fees, no overdraft fees, no minimum balance requirements, and options to earn interest or get money back on debit purchases. They also provide free business insights, 24/7 customer support, and FDIC protection.

• Unique Features: No monthly fees, no overdraft fees, no minimum balance requirements, free business insights, 24/7 customer support, FDIC protection, free ATM use nationwide, free incoming wires, check images, and cashier's checks, refunds on originating wire fees charged by other banks.
• Pricing: Primis Bank offers fee-free business checking and savings accounts with no monthly fees, no overdraft fees, and no minimum balance requirements. Additionally, all Primis check orders are discounted.
• Testimonials: Users have mixed feelings about Primis Bank. Larry shared a positive experience, stating, "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." On the other hand, Steve expressed frustration, saying, "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." For more detailed reviews, visit the Trustpilot page.

Which one should you go with?

In conclusion, while each of these financial services offers unique features and benefits, OneSafe stands out for its seamless integration of fiat and cryptocurrency transactions, exceptional customer support, and no commission fees. Whether you're a frequent traveler, a business owner, or someone looking for a reliable financial partner, OneSafe provides a comprehensive solution tailored to modern financial needs. Although any of these options could be a good fit depending on your specific requirements, we recommend OneSafe if you're seeking a versatile and user-friendly alternative to Wise.