While Ampere provides a specific set of financial services for businesses, you may be exploring other options due to its feature limitations or currency support. This article will detail what Ampere offers, explain the common reasons for considering an alternative, and present other global payment solutions suited to various business requirements.
What is Ampere?
Ampere is a UK-based financial services provider offering an all-in-one business account tailored for startups and small to medium-sized enterprises. The platform features multi-currency accounts, low-cost currency exchange, and the ability to create invoices directly from the bank account.
Ampere also provides business loans and commercial mortgages with adaptable plans and attractive rates. Additionally, they offer merchant accounts with reduced costs and settlements twice a week.
What to Consider When Selecting a Ampere Alternative?
When searching for an Ampere alternative, it's important to evaluate platforms based on your specific business needs. Here are some key factors to consider:
- Fee Structure:Evaluate the platform's pricing, including monthly maintenance fees, transaction costs, and any charges for international transfers.
- Currency Support and FX Rates:Check which currencies are supported and compare the foreign exchange rates to ensure they are competitive for your international transactions.
- Specialized Features:Look for unique functionalities that cater to your industry, such as direct crypto conversions or integrated expense management tools.
- Integration Capabilities:Determine if the platform connects with your existing accounting software, like Xero or QuickBooks, to simplify your financial workflows.
- Customer Support:Assess the quality and availability of customer service, as responsive support can be vital for resolving issues quickly.
If these considerations resonate with your business priorities, explore our detailed breakdown of the top Ampere alternatives in the next section.
10 Best Alternatives to Ampere
1. OneSafe
OneSafe is a finance platform designed to modernize banking for businesses, particularly those operating in the Web3 and crypto sectors. We provide essential tools for effortless fund management, quick payments, and access to both traditional and digital assets.
Our platform enables a direct 1:1 conversion from USD to USDC on Polygon, which simplifies payroll and expense management for global teams. We also provide end-to-end expense and payroll management, streamlined onboarding, and responsive customer support tailored for the digital asset space.
Pricing
Here's a look at our straightforward pricing:
- Free General Services: We charge nothing for account opening, maintenance, or card issuance, and there are no monthly subscriptions or minimum balance requirements.
- 0.1% for US Domestic Transfers: A simple, low fee for all your domestic ACH and wire transactions.
- 0.2% for European & International Payments: Competitive rates for SEPA payments in EUR and international wires, plus a standard SWIFT fee for the latter.
- Transparent Crypto Fees: USDT transactions are just 0.1%, and we offer direct fiat-to-crypto conversions at market rates with no hidden charges.
- Flat-Rate & FX Fees: We offer a $25 flat fee for Fedwire transfers and a 3% foreign exchange fee on non-USD corporate card spending.
Reviews
Our clients often commend our exceptional customer support and describe our platform as a game-changing solution that simplifies complex financial operations. We're recognized for understanding and addressing the unique banking headaches faced by modern companies, particularly in the Web3 sector.
- “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
Want to learn more? Check us out here.
2. Finom
Finom is a European financial technology company established in 2019, with its headquarters in Amsterdam, Netherlands. The company provides digital banking and financial management services designed for small and medium-sized enterprises, freelancers, and self-employed individuals.
The platform includes online account opening with local IBANs, invoicing, accounting integrations, and expense management. It also provides free physical and unlimited virtual debit cards, offers up to 3% cashback on business spending, and supports multiple currencies for international payments.
Pricing
Here's their pricing at a glance:
- Free Solo Plan: Includes one user, a personal IBAN for global transfers, free physical VISA cards, and basic invoicing features.
- €9 per month Start Plan: Includes two users, a personal IBAN, free physical VISA cards, and advanced invoicing features.
- €28 per month Premium Plan: Offers five users, a personal IBAN, free physical VISA cards, and comprehensive invoicing and accounting integrations.
- €149 per month Corporate Plan: Provides ten users, a personal IBAN, free physical VISA cards, and advanced invoicing and accounting features.
- €339 per month Enterprise Plan: Includes fifteen users, a personal IBAN, free physical VISA cards, and all features available in the Corporate Plan.
Reviews
User reviews frequently mention the platform's interface, invoicing system, and customer support, while some also report issues with account management, unexpected fees, and transaction processing. Check out more Finom reviews here.
3. RelayFi
RelayFi is a financial technology company offering an online banking platform tailored for small businesses. The service is designed to help companies manage their finances through a suite of digital tools.
The platform provides banking with no account fees or minimum balances and enables the creation of up to 20 checking accounts for financial organization. It also offers high-yield savings accounts, customizable debit cards, and integration with accounting software like QuickBooks and Xero.
Pricing
Here's their pricing at a glance:
- $0 per month Starter Plan: This plan includes banking features, automated savings, and integrations with QuickBooks and Xero.
- $30 per month Grow Plan: This plan offers all Starter Plan features plus additional tools like multi-step bill approval rules and branded invoices.
- $90 per month Scale Plan: This plan provides all Grow Plan features along with AI-powered automation and cash flow insights.
Reviews
User commentary often centers on the platform's interface and accounting software integrations, alongside reports of transaction delays and varied customer support experiences. Check out more RelayFi reviews here.
4. OneMoneyWay
OneMoneyWay is a digital platform that facilitates global financial operations for small and medium-sized enterprises in Europe. The company offers international transfers with local IBANs, foreign exchange services for over 24 currencies, and various payment solutions like SWIFT and SEPA.
The platform states it provides faster transactions than traditional banks and has no transaction limits. It also supplies virtual and physical corporate cards, business accounts, and payment terminals through regulated partners.
Pricing
Here's their pricing at a glance:
- Free Freemium: For businesses with annual revenue below £150,000, this plan includes one business account, one virtual corporate card, and higher transaction fees.
- £49 per month Starter: Billed annually, this plan provides up to three business accounts, two virtual and two physical corporate cards, and lower transaction fees.
- £99 per month Business: Billed annually, this plan offers up to five business accounts, four physical corporate cards, unlimited virtual cards, and the lowest transaction fees.
All prices are indicative and depend on the company's revenue and industry.
Reviews
User reviews often comment on the company's service level, staff conduct, platform features, and account setup processing times. Check out more OneMoneyWay reviews here.
5. Airwallex
Airwallex is a financial technology company founded in 2015 that provides a range of services for businesses. These services include cross-border payments, multi-currency business accounts, expense management, and corporate cards.
The platform allows businesses to hold funds in over 20 currencies and offers foreign exchange rates with a markup above interbank rates. It also provides corporate cards without international fees and integrates with accounting software like Xero and QuickBooks.
Pricing
Here's their pricing at a glance:
- Free Explore Plan: This plan is for small businesses and is free for users who deposit at least $5,000 per month or maintain a minimum balance of $10,000. It includes multiple business accounts and free transfers to over 120 countries.
- $99 per month Grow Plan: Suited for growing businesses, this plan includes all features of the Explore Plan, plus international batch transfers, expense management, and bill pay services.
- $499 per month Accelerate Plan: This plan is for large businesses and includes all features of the Grow Plan, along with centralized management of finances across global entities and single sign-on capabilities.
- Custom Plan: Pricing is tailored for high-volume businesses or those needing custom API implementations based on specific requirements.
Reviews
User reviews frequently comment on the platform's features and fees, while also pointing to issues with customer service, account suspensions, and verification processes. Check out more Airwallex reviews here.
6. Blank
Blank is a French company that offers online professional accounts designed for freelancers and small businesses. The service provides a French IBAN, a Visa Business card, and tools for creating and managing quotes and invoices.
The platform includes automated Urssaf declarations and simplified accounting features. It also provides access to professional insurance solutions and various partner offers to meet different business needs.
Pricing
Here's their pricing at a glance:
- €6 per month (excl. tax) Simple Plan: Includes 30 SEPA transfers, tools for quotes and invoices, automated Urssaf declarations, and expense tracking.
- €17 per month (excl. tax) Confort Plan: Offers all Simple plan features, plus 30 additional SEPA transfers, phone support five days a week, higher card limits, and income maintenance insurance.
- €39 per month (excl. tax) Complète Plan: Provides all Confort plan features, along with unlimited SEPA transfers, email and phone support six days a week, and higher card limits.
Reviews
User reviews indicate a range of experiences, with some customers reporting difficulties with account closure processes and delays in accessing their funds. Check out more Blank reviews here.
7. Wallester
Wallester is a financial technology company that specializes in corporate expense management solutions. The company provides these services through virtual and physical Visa cards designed for business use.
The platform offers real-time expense control, detailed financial reporting, and integrations with accounting software. It also provides instant virtual card issuance, multi-currency support, and advanced API integration to streamline financial operations.
Pricing
Wallester offers a free plan that includes up to 300 virtual cards and unlimited physical card issuance, with no account or minimum balance fees. Additional virtual cards can be added for €0.20 per card per month, and premium plans are available for businesses requiring more cards.
Reviews
User reviews frequently mention the platform's interface, financial reporting capabilities, and customer support. Some users also note challenges with integration and occasional delays in technical support. Check out more Wallester reviews here.
8. VIALET
VIALET is a Lithuanian Electronic Money Institution established in 2017, offering digital banking services for small and medium-sized enterprises. The company provides dedicated IBANs for SEPA, SEPA Instant, and SWIFT transactions, in addition to card processing solutions for corporate clients.
The platform supports various payment methods, including C2B, B2B, and B2C, and offers banking APIs, mass payouts, and third-party integrations. VIALET also accepts payments to and from cryptocurrency processors and provides accounts for EU-licensed crypto exchanges.
Pricing
VIALET does not publicly disclose its pricing information on the company website. Prospective clients must complete an application to receive an initial price list, with final fees potentially customized based on the provided business details.
Reviews
User feedback points to issues with customer service, including reports of unprofessional conduct and slow response times. Some customers also describe difficulties with the account opening process and what they consider to be excessive requests for information. Check out more VIALET reviews here.
9. Anna Money
ANNA Money is a UK-based financial service provider that offers business accounts for small to medium-sized enterprises, freelancers, and creative professionals. The company provides a platform designed to handle various financial tasks for businesses.
The service allows users to open an account quickly and combines invoicing, receipt scanning, and tax calculations within its platform. Additionally, it offers 24/7 customer support, expense tracking through receipt matching, and payroll services for making bulk payments.
Pricing
ANNA Money's pricing is usage-based and starts at £0 per month. Customers are charged for the services they use, and no monthly fee is applied if the account is inactive for a month.
Reviews
User feedback often centers on the app's functionality, invoicing system, and customer support, while some customers have reported issues with account freezes and challenges in accessing their funds. Check out more Anna Money reviews here.
10. Credem
Credem is an Italian banking institution founded in 1910 that offers a range of financial products. The bank provides services including retail and corporate banking, insurance, and investment solutions through its various divisions.
A notable aspect of its operations is the acceptance of Parmigiano Reggiano cheese wheels as collateral for loans. This practice highlights its distinct approach to securing financing for its clients.
Pricing
Here's their pricing at a glance:
- From €4 per month Account Maintenance: Fees for maintaining an account start at this rate.
- Free Card Issuance: The bank does not charge for issuing cards.
- Free ATM Withdrawals: Withdrawals are free at Credem ATMs.
- Custom Investment Services: Pricing for investment services is tailored to the client.
- Free Plans or Demos: Information regarding free plans or product demos is not specified.
Reviews
User feedback indicates issues with delays in receiving debit and credit cards and a lack of digital card options. Some customers also report concerns regarding the responsiveness of customer service. Check out more Credem reviews here.
Which One Should You Go With?
Choosing the right financial partner from this list depends entirely on your business's unique requirements. While each platform provides distinct advantages, we recommend OneSafe as an excellent alternative for companies looking to modernize their financial operations, particularly in the digital asset space. Ready to simplify your business banking? Sign up for OneSafe today to get started.
