Finom vs N26 : Which one is better for your business?

Business accounts with integrated invoicing and accounting tools are essential for SMEs, freelancers, and companies under registration, as they streamline financial management and enhance operational efficiency. We'll compare Finom and N26 based on criteria such as account setup speed, international payments, cashback, customer support, invoicing and accounting tools, and security to determine which service best meets the needs of business customers.

A quick overview on Finom and N26

What is Finom?

Finom provides business accounts with integrated invoicing and accounting tools, designed for SMEs, freelancers, and companies under registration. Unique features include fast account opening with a German IBAN available in 24 hours, up to 3% cashback on all expenses, and personal assistance within a minute. Their services also offer seamless integration with accounting software, enhancing financial management efficiency.

What is N26?

N26 is a mobile banking service that offers a range of personal and business bank accounts, savings options, and investment opportunities through a single app. Unique features include virtual Mastercards, high-interest savings accounts, and the ability to invest in stocks, ETFs, and cryptocurrencies directly from the app. N26 also provides 24/7 customer support in multiple languages and advanced security measures to protect user data and funds.

Features of Finom and N26

Finom features

Finom offers a range of unique features that cater to the needs of SMEs, freelancers, and companies under registration.

• Fast account setup: Obtain a German IBAN within 24 hours, allowing for quick and efficient account activation.
• Cashback on expenses: Enjoy up to 3% cashback on all business-related expenses, providing significant savings over time.
• Customer support: Receive personal assistance within 1 minute, ensuring rapid resolution of any issues or queries.
• Free business debit cards: Access business debit cards at no additional cost, simplifying expense management.
• Invoicing tools: Utilize simple and efficient invoicing tools that streamline the billing process and improve cash flow management.

N26 features

N26 offers a variety of features that cater to the needs of modern consumers, providing a seamless banking experience through their mobile app.

• 100% mobile banking: Manage all your banking needs directly from your smartphone, eliminating the need for physical branches.
• Virtual Mastercard: Enjoy unlimited card payments in any currency without foreign transaction fees, making it ideal for frequent travelers.
• Free ATM withdrawals: Withdraw cash for free in euros within the eurozone and enjoy unlimited free withdrawals abroad with certain plans.
• Investment options: Invest in stocks, ETFs, and over 200 cryptocurrencies directly from the app, providing a comprehensive financial management tool.
• 24/7 multilingual support: Access customer support in five languages at any time, ensuring help is always available when needed.

Comparing Finom, N26 and OneSafe's features

Why choose one over the other?

• Why choose Finom over N26: Finom offers a more tailored experience for SMEs and freelancers with its integrated invoicing and accounting tools, which can significantly streamline financial management. Additionally, Finom provides up to 3% cashback on all expenses, a feature that can lead to substantial savings over time, unlike N26's focus on personal banking and investment options.
• Why choose N26 over Finom: N26 excels in providing a comprehensive mobile banking experience with features like virtual Mastercards and the ability to invest in stocks, ETFs, and cryptocurrencies directly from the app. For those who prioritize global accessibility and investment opportunities, N26's offerings are more versatile compared to Finom's business-centric tools.

Considering OneSafe vs Finom and N26

• Why choose OneSafe over Finom and N26: OneSafe excels in providing seamless global payments and multi-currency support, making it ideal for businesses with international operations. Unlike Finom and N26, OneSafe offers instant crypto to fiat conversions, catering specifically to companies involved in Web3 and cryptocurrency transactions.

What are the customers saying?

Finom reviews

Users have generally praised Finom for its excellent customer service, noting quick and helpful responses from support representatives. However, some users have expressed frustration with high fees and account management issues.

Overall, Finom has received a rating of 4.4 out of 5.

• "Finom's customer service really is to be commended. Reactions are fairly immediate, and even if it takes some time to solve an issue, one is kept in the loop continuously." - Katy Droege-Macdonald
• "I had a problem with some documents that I was supposed to submit. After asking Kate, from the customer service team, she explained the process to me again and offered to forward the documents quickly and easily from the chat, the problem was solved super quickly, thank you very much!" - Jonas Bendner

For more reviews, visit finom.co Reviews.

N26 reviews

Users have mixed feelings about N26. Some praise its digital banking features, ease of use, and customer service, while others criticize the customer support, especially in resolving issues and accessing accounts after losing a phone. The overall rating users have given N26 is 3.7 out of 5.

Customers found the customer service frustrating, particularly the difficulty in reaching support agents, long wait times, and issues with account access after losing a phone. Some also mentioned problems with the app and changes in interest rates. On the positive side, customers appreciated the user-friendly interface, the simplicity and reliability of the service, and the quick and efficient customer support when it worked well. They also liked the innovative features and the ease of opening an account.

• "I was quite happy with N26 a few years ago, but it went downhill. I have lost my phone and it is impossible to log in to my account..." - Amber
• "N26 is one of the best online banks. Many of its features have been adopted by mainstream banks in Greece as part of their effort to digitalise." - Spiros Fotis

For more reviews, visit N26 Reviews.

OneSafereviews

Users have praised OneSafe for its exceptional customer support and innovative solutions tailored for Web3 and cryptocurrency transactions. The overall rating users have given OneSafe is 4.8 out of 5.

Customers found the following features particularly useful:

• Seamless 1:1 conversion from USD to USDC on Polygon, simplifying payroll and expense management.
• Revolutionized payroll and banking processes for Web3 organizations, with a responsive and reliable support team.

• "OneSafe has the best customer support I've ever experienced from a bank." - Amit Chu, Investments @ Celo Foundation
• "OneSafe is a game-changer. They solve so many headaches for our company. Finally, a banking solution that gets it." - Marco, CEO of Ensuro

For more reviews, visit OneSafe Reviews.

Finom, N26, or OneSafe: Which is the best platform for you?

In conclusion, while Finom and N26 offer robust features tailored to different business needs, OneSafe stands out with its exceptional customer support and innovative solutions for Web3 and cryptocurrency transactions. Each service has its strengths, but for businesses seeking seamless global payments and multi-currency support, OneSafe is the clear winner. Ultimately, any of these options could be a good fit, but we highly recommend giving OneSafe a try.