Hype vs Revolut : Which one is better for your business?

Business accounts like Hype and Revolut are essential for companies and freelancers, offering comprehensive financial management tools that streamline operations and enhance efficiency. We'll compare Hype and Revolut to determine which provides the best value by examining their costs, features, usability, and support services.

A quick overview on Hype and Revolut

What is Hype?

HYPE Business is an online business account tailored for individual companies and freelancers with a VAT number. It provides free ordinary and instant transfers, simplified F24 payments, a Tax Manager for tax estimation and savings, micro-insurances, a free World Elite Mastercard, and 7/7 technical support. The account can be managed via an app or computer, and users can waive the monthly fee by meeting a spending threshold.

What is Revolut?

Revolut Business offers a comprehensive suite of financial services designed to help businesses manage their finances efficiently. Unique features include global payments, multi-currency accounts, and automated spend management. The platform also integrates with various accounting software and provides analytics tools for business insights.

Features of Hype and Revolut

Hype features

Hype Business offers a range of unique features that cater to the needs of sole proprietorships and freelancers, making it a compelling choice for managing business finances.

• Free Ordinary and Instant Transfers: Hype Business allows users to make both ordinary and instant bank transfers without any fees, providing flexibility and cost savings.
• Simplified and Free F24 Payments: Users can handle their F24 tax payments easily and at no cost, streamlining tax obligations.
• Tax Manager: This tool helps users estimate and set aside taxes, ensuring they stay on top of their tax responsibilities.
• World Elite Mastercard: A premium debit card is provided for free, offering additional benefits and global acceptance.
• Zero Monthly Fee Offer: By meeting certain spending conditions, users can waive the monthly fee, making the account even more cost-effective.

Revolut features

Revolut Business offers a variety of features that cater to the needs of modern businesses, providing tools and services that enhance financial management and operational efficiency.

• Global Payments and Multi-Currency Accounts: Manage money in multiple currencies and transfer funds to over 150 destinations, making international business transactions seamless.
• Expense Management: Automate spending, set approvals and controls, and reconcile expenses quickly, helping businesses maintain financial discipline.
• Integration with Accounting Software: Sync with various business tools and accounting software for accurate and efficient financial management.
• Revolut Pay: Access a customer base of over 45 million Revolut users, providing a unique advantage in terms of customer reach and payment convenience.
• Savings and Funds: Grow your money with daily returns at competitive rates, offering a way to maximize business funds.

Comparing Hype, Revolut and OneSafe's features

Why choose one over the other?

• Why Choose Hype Over Revolut: Hype offers a zero monthly fee option if you meet a spending threshold of €750 per month, making it a cost-effective choice for small businesses and freelancers. Additionally, Hype provides free ordinary and instant transfers, which can significantly reduce transaction costs compared to Revolut's fee structure.
• Why Choose Revolut Over Hype: Revolut's global payments and multi-currency accounts make it ideal for businesses with international operations, offering the ability to manage money in multiple currencies and make payments to over 150 destinations. Furthermore, Revolut's integration with various accounting software and advanced analytics tools provide a more comprehensive financial management solution than Hype.

Considering OneSafe vs Hype and Revolut

• Why Choose OneSafe Over Hype and Revolut: OneSafe offers instant crypto to fiat conversions and vice versa, a feature that neither Hype nor Revolut provides. This makes OneSafe uniquely suited for businesses involved in Web3 and cryptocurrency transactions, ensuring seamless financial operations across both traditional and digital currencies.

What are the customers saying?

Hype reviews

Users have mixed opinions about Hype. While some appreciate its ease of use and intuitive interface, others are frustrated with issues like account blocking, poor customer service, and delays in transactions. The overall rating for Hype is 2.9 out of 5.

• "I received my first transfer to my Hype account and only then found out that my account had been blocked. It is not clear from mobile banking, and I did not even receive an email from Hype that my bank account is blocked. Now my money is blocked in my Hype account, and I do not know how long I have to wait until it is returned to me. Worst experience." - Paola Maffei
• "It's been more than two months that I have a problem. I contacted customer service, and nobody answers. One of the worst services." - Luca Ciurleo

For more detailed reviews, visit HYPE Reviews.

Revolut reviews

Users have generally praised Revolut for its user-friendly app, quick transactions, and a variety of financial services, including cryptocurrency trading and stock market investments. However, some users have expressed frustration with high commission fees for digital currencies and poor customer service in certain situations. The overall rating for Revolut is 4.2 out of 5.

• "The bank is very good. But the commission fees for digital currencies are high, so the commission fees in the crypto market must be reduced." - Najib Abbas Abdullah Mohammed
• "Revolut app has a very user-friendly interface. Its functionality allows making transactions in a matter of seconds, which is extremely important these days." - Yuriy

For more detailed reviews, visit Revolut Reviews.

OneSafereviews

Users have praised OneSafe for its exceptional customer support and innovative solutions that simplify financial operations for businesses, especially those involved in Web3 and cryptocurrency transactions. The overall rating for OneSafe is 4.8 out of 5.

• "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 detailed reviews, visit OneSafe.

Hype, Revolut, or OneSafe: Which is the best platform for you?

In conclusion, while Hype and Revolut offer robust features that cater to various business needs, OneSafe stands out with its exceptional customer support and innovative solutions, especially for businesses involved in cryptocurrency transactions. Each platform has its strengths, but OneSafe's unique offerings make it a compelling choice. Ultimately, any of these options could serve your business well, but we recommend giving OneSafe a closer look.