While the Dutch fintech company Bunq offers a modern approach to mobile banking, certain aspects of its service may lead users to explore other options. This guide will explain what Bunq is, detail the common reasons you might consider an alternative, and present other global payment solutions to consider based on your needs.
What is Bunq?
Founded in 2012, Bunq is a Dutch fintech company that offers mobile banking services across 30 European countries. The platform provides unique features like multiple IBANs, a public API for developers, and sustainability options that let users invest in environmental projects.
The company holds a 4.1 Trustpilot rating, with positive feedback often highlighting its user-friendly app and budgeting tools. However, some users have reported issues with customer support, citing slow response times and challenges in resolving problems.
What to Consider When Selecting a Bunq Alternative?
When searching for a replacement for Bunq, it's helpful to weigh several key aspects of a financial platform to find the right fit for your business:
- Pricing Structure:Evaluate whether a monthly subscription or a pay-as-you-go model better suits your transaction volume and budget.
- Global Payments and Currency Support:Consider the platform's ability to handle international transactions and manage multiple currencies, especially if you operate globally.
- Business-Specific Tools:Look for features tailored to your operations, such as expense management, payroll processing, or integrations with accounting software.
- Customer Support Quality:Assess the provider's reputation for responsiveness and effectiveness, as this can be vital when issues arise.
- Crypto and Web3 Functionality:If your business operates in the digital asset space, check for specialized features like fiat-to-crypto conversions and support for Web3 payroll.
If these considerations align with your priorities, take a look at the detailed breakdown of alternatives in the following section.
10 Best Alternatives to Bunq
1. OneSafe
OneSafe is a finance platform designed to modernize banking processes for businesses, particularly those operating in the Web3 and crypto sectors. We provide essential tools for straightforward fund management, quick payments, and access to both traditional and digital assets.
Our platform facilitates a direct 1:1 conversion from USD to USDC on Polygon, which simplifies payroll and expense management for global teams. We also offer streamlined onboarding, rapid account setup, and exceptional customer support tailored for businesses in the digital asset space.
Pricing
We believe in transparent and straightforward pricing. Here’s a glance at our fee structure:
- Free Account Services: We charge no fees for account opening, maintenance, or virtual and physical card issuance, and there's no monthly subscription or minimum balance required.
- Low-Cost Domestic Transfers: US domestic ACH and wire transfers are just 0.1% per transaction, with Fedwire transfers at a flat $25 fee.
- Competitive International Payments: SEPA payments in EUR are 0.2% per transaction, while international wires are 0.2% plus a $50 SWIFT fee.
- Transparent Crypto Fees: USDT transactions have a 0.1% fee, and fiat-to-crypto conversions are included at market rates with no hidden charges.
- Card Spending: Non-USD spending on our corporate cards incurs a 3% foreign exchange fee.
Reviews
Clients consistently praise our platform for its exceptional customer support and for providing a banking solution that truly understands and addresses the unique challenges of modern businesses, especially those in the Web3 space.
- “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 see how we can help? Check us out here.
2. Wise
Wise, formerly TransferWise, is a UK-based financial technology company founded in 2011 that specializes in international money transfers. The company facilitates these transfers by using the mid-market exchange rate.
The platform offers a multi-currency account for holding funds in over 40 currencies, along with a debit card for spending globally. It operates on a pay-as-you-go model and provides services for both individual and business clients.
Pricing
Here is a look at Wise's pricing:
- Sending Money Fee from 0.57%: Fees for sending money vary by currency.
- One-Time $9 Multi-Currency Card Fee: A single charge is applied for the Wise Multi-Currency Card.
- Free Account Holding: There are no charges for holding money in the account.
- One-Time $31 Business Account Setup Fee: Businesses pay a one-time fee to receive account details in multiple currencies.
- ATM Withdrawal Fees: Fees are applied for ATM withdrawals that go over $100 per month.
Reviews
User reviews indicate that some customers have encountered issues such as account freezes, payment processing problems, and fund delivery delays. Additionally, a number of users have raised concerns about customer support responsiveness and the handling of account deactivations. Check out more Wise reviews here.
3. Revolut
Revolut is a British financial technology company founded in 2015 that offers a range of banking services. These services include current accounts, debit and credit cards, stock and cryptocurrency trading, and peer-to-peer payments.
The platform allows users to manage and exchange over 25 currencies and send money worldwide. It also provides team management tools, such as issuing cards with spending controls, and integrates with accounting software like Xero and Sage.
Pricing
Here is a look at their pricing plans:
- From £10 per month Basic Plan: Provides essential features for running a business.
- From £30 per month Grow Plan: Offers additional tools to manage spending and operations.
- From £90 per month Scale Plan: Designed for businesses with higher transaction volumes and advanced needs.
- Custom pricing Enterprise Plan: Tailored to specific business requirements.
Reviews
Some users report difficulties with customer support, a lack of certain features like direct debits, and issues with the account verification process. Check out more Revolut reviews here.
4. MuralPay
MuralPay is a financial technology company focused on international transactions, aiming to provide a fast, scalable, and secure platform. It seeks to address challenges from outdated financial infrastructure, with a focus on businesses operating across the Americas.
The company offers a platform and API for pay-ins, payouts, invoicing, and compliance, all powered by stablecoins. Its services include instant global payments, multi-currency invoicing, virtual accounts for various currencies, and real-time currency conversion.
Pricing
MuralPay does not publicly list its pricing details. The company offers a free demo, and prospective users are advised to contact them directly for specific pricing information.
Reviews
User feedback points to several areas for improvement, including occasional transaction delays, a complex interface on smaller devices, the platform's expense for large teams, and limited offline access. Check out more MuralPay reviews here.
5. Wallester
Wallester is a financial technology company that provides corporate expense management solutions through virtual and physical Visa cards. Its platform is built to streamline financial operations for businesses of all sizes.
The company offers real-time expense control, instant virtual card issuance, and support for multiple currencies. Additionally, it provides tools for detailed financial reporting, integrations with accounting software, and advanced API capabilities.
Pricing
Here is a look at their pricing:
- Free Plan: Includes up to 300 virtual cards and unlimited physical card issuance, with no account or minimum balance fees.
- €0.20 per card per month Additional Virtual Cards: This fee applies to each card issued beyond the 300 included in the free plan.
- Premium Plans: Available for businesses that require more cards.
Reviews
User reviews for Wallester often comment on the platform's interface and financial reporting features. However, some customers have reported challenges with customer service, integration, and occasional technical support delays. Check out more Wallester reviews here.
6. N26
N26 is a German fintech company founded in 2013 by Valentin Stalf and Maximilian Tayenthal that offers a fully mobile banking experience. The company provides services such as transaction accounts, debit cards, overdrafts, and investment products.
The platform facilitates real-time banking through its app, which includes tools for managing spending and savings. Users can access a virtual Mastercard for mobile payments, create sub-accounts for budgeting, and obtain travel insurance with certain plans.
Pricing
Here is a look at their pricing:
- Free N26 Standard: A free account that includes a virtual Mastercard for online and mobile payments.
- €4.90 per month N26 Smart: An account with tools for spending and saving, including the ability to create up to 10 sub-accounts.
- €9.90 per month N26 Go: An account designed for travel, with benefits like free ATM withdrawals abroad and travel insurance.
- €16.90 per month N26 Metal: A premium account that provides a metal card, travel insurance, and priority customer support.
Reviews
User feedback indicates some customers have experienced slow response times and unhelpful replies from support, with other reports mentioning account closures without clear explanations and frozen funds. Check out more N26 reviews here.
7. RelayFi
RelayFi is a financial technology company that offers an online banking platform specifically designed for small businesses. The service provides tools intended to help business owners manage their company's finances.
The platform allows users to open up to 20 checking accounts and provides automated savings with competitive interest rates. It also integrates with accounting software like QuickBooks and Xero and is the official banking partner for the Profit First methodology.
Pricing
Here is a look at their pricing:
- $0 per month Starter Plan: This plan is for solopreneurs and new businesses and includes banking features, automated savings, and accounting software integrations.
- $30 per month Grow Plan: This plan is for small teams and adds features like multi-step bill approval rules and branded invoices.
- $90 per month Scale Plan: This plan is for larger teams and provides AI-powered automation, cash flow insights, and faster customer support.
Reviews
User reviews indicate some customers have encountered transaction delays or had their accounts frozen. Other common points of discussion in feedback include customer support responsiveness and the platform's functionality with accounting tools. Check out more RelayFi reviews here.
8. Moss
Moss is a technology-enabled expense and financial management solution designed to streamline company spending. The company provides a platform for businesses to manage their financial operations and control expenditures.
The platform offers corporate cards with customizable spending limits and automates invoice processing for over 70 currencies. It also provides integrations with accounting systems and digitizes employee expense claims for direct payouts.
Pricing
Moss offers a modular pricing structure with a base package and optional add-ons for more advanced features. Specific pricing details are not publicly available, and prospective users must contact the company directly for a personalized quote.
Reviews
User feedback often points to the platform's ease of use and its utility for expense management, while also noting some feature limitations and slow support response times. Check out more Moss reviews here.
9. Primis Bank
Primis Bank, established in 2005 as Sonabank and rebranded in 2021, is a Virginia-based financial institution offering business and personal accounts, high-yield savings, and CDs. With over $3.4 billion in assets, it combines FDIC insurance with a focus on technology-driven services.
The bank’s accounts feature no monthly fees, no overdraft charges, no minimum balance requirements, and unlimited transactions. Additionally, the company provides business insights and 24/7 customer support from human representatives.
Pricing
Primis Bank does not publicly disclose a detailed pricing structure for its services, and it is recommended to contact the bank directly for specific information. The company states that its accounts include no monthly fees, no overdraft fees, and no minimum balance requirements.
Reviews
User feedback indicates some customers have experienced issues with denied account applications, long customer service wait times, and difficulties accessing their accounts. Check out more Primis Bank reviews here.
10. Vivid Business
Vivid Money operates as a comprehensive financial platform, catering to personal, business, and freelance clients. It provides a range of services including account management, payment cards, and access to investment products.
The platform supplies users with up to 30 German IBANs, in addition to virtual and physical cards for spending. Account holders are also offered high interest rates on their balances and opportunities for cashback.
Pricing
Here is a look at their pricing plans:
- €0 per month Free Start: This plan includes 12 accounts and 1 team member, with an interest rate of 4% p.a. for the first four months, then 0.1% p.a.
- €7 per month Basic: This plan includes 15 accounts and 15 team members, with an interest rate of 4% p.a. for the first four months, then 0.5% p.a.
- €19 per month Pro: This plan includes 20 accounts and 30 team members, with an interest rate of 4% p.a. for the first four months, then 1.3% p.a.
Reviews
User feedback indicates a range of experiences, with some customers reporting issues such as frozen accounts or funds being held without clear explanation. Check out more Vivid Business reviews here.
Which One Should You Go With?
Choosing the right financial platform depends on your specific business needs, and any of the options listed can be a great fit. If you're looking for a modern banking solution that understands the challenges of global and digital-first companies, we believe OneSafe is the ideal choice. Ready to simplify your business finances? Sign up for OneSafe today.
