While CoinShift is a notable platform for treasury management, some users report technical glitches and a steep learning curve, prompting them to look for other solutions. This article will explain what CoinShift is, explore the reasons you might consider an alternative, and introduce other options for your banking and global payment needs. We'll help you find a platform that better aligns with your specific requirements.
What is CoinShift?
CoinShift is a non-custodial, multi-chain treasury management platform built for DAOs and crypto-native businesses. It offers tools for mass payments, dApp interactions, and provides financial insights through portfolio and cash flow monitoring.
The platform gives users a unified dashboard to manage assets across many different blockchain networks. This consolidation of various Safes into a single interface aims to enhance operational efficiency for organizations.
What to Consider When Selecting a CoinShift Alternative?
When evaluating alternatives to CoinShift, it's important to weigh several factors to find the right fit for your organization's financial operations:
- Pricing and Fees: How transparent and competitive are the platform's costs for transactions, conversions, and account maintenance?
- Fiat and Crypto Capabilities: Does the platform support both traditional banking and digital assets, and how easily can you convert between them?
- Core Features: Does the platform offer the specific tools you need, such as global payroll, expense management, or advanced treasury functions?
- Ease of Use and Support: How intuitive is the platform to navigate, and what is the quality and responsiveness of its customer support?
- Compliance and Security: What measures does the platform have in place to ensure your funds are secure and your operations meet regulatory standards?
If these considerations resonate with your needs, explore the alternatives we've detailed in the next section.
10 Best Alternatives to CoinShift
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 the essential tools for effective fund management, quick payments, and access to both traditional and digital assets.
Our platform facilitates direct 1:1 conversion from USD to USDC on Polygon, simplifying payroll and expense management for global teams. Businesses also benefit from our streamlined onboarding, rapid account setup, and highly responsive customer support.
Pricing
Here's a look at our straightforward pricing:
- Free Account Services: We charge no fees for account opening, ongoing maintenance, or card issuance, and there's no minimum balance required.
- 0.1% US Domestic Transfers: Send ACH and standard wire transfers within the US for a low percentage fee. Fedwire transfers are a flat $25.
- From 0.2% International Payments: SEPA payments in EUR are just 0.2%, while international wires are 0.2% plus a standard $50 SWIFT fee.
- 0.1% Crypto Transactions: USDT transactions come with a minimal 0.1% fee, and our fiat-to-crypto conversions are included at market rates with no hidden charges.
- 3% Corporate Card FX: For spending in non-USD currencies on your corporate card.
Reviews
Our clients consistently praise us for revolutionizing their financial operations, highlighting our exceptional customer support and our platform's ability to solve major headaches for Web3 companies.
- “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 a banking solution that gets it? Check us out here.
2. MuralPay
MuralPay is a financial technology company that works to update international transactions for businesses operating globally. The company uses a modern platform and API powered by stablecoins for services like pay-ins, payouts, and invoicing.
The platform provides instant global payments, multi-currency invoicing, and virtual accounts for different currencies and digital assets. It also includes features for batch payments, real-time currency conversion, and integrated compliance tools, with a focus on businesses in the Americas.
Pricing
MuralPay does not make its pricing information public on its website. To get detailed pricing, potential users need to contact the company directly, though a free demo is available to explore the platform.
Reviews
User feedback points to several areas for improvement, including occasional transaction delays, a complex interface on smaller devices, high costs for large teams, and limited offline access. Check out more MuralPay reviews here.
3. Reap
Reap Technologies Limited is a financial technology company founded in 2018, offering products to streamline financial operations for businesses. Their main products are the Reap Card, a secured corporate credit card, and Reap Pay, which enables businesses to make payments in their preferred currencies.
The Reap Card provides flexible bill repayment options in both fiat and digital currencies, along with global coverage and spend controls. The company also offers API and embedded finance solutions for card issuing and automated global payouts.
Pricing
Here's a look at their pricing:
- No Annual Fee for Reap Card: The card has no annual or hidden service fees.
- 1.2% Fee for Stablecoin Repayments: A handling fee is applied for repayments made with stablecoins.
- 2% Fee for ATM & FX: A fee is charged for ATM withdrawals and foreign exchange transactions.
- Custom Pricing for API Solutions: Card issuing, payment APIs, and compliance APIs are priced based on usage in customized packages.
Reviews
User feedback for Reap indicates some customers have experienced issues with sudden credit limit changes, while others have raised concerns regarding customer service and financial standards. Check out more Reap reviews here.
4. Novo
Novo is a financial technology company that provides business deposit accounts through a partnership with Middlesex Federal Savings, insured by the FDIC. The platform offers a mobile-first banking experience tailored for small business owners, freelancers, and entrepreneurs.
The service includes a business checking account with no monthly fees or minimum balance requirements, along with refunds for ATM fees up to a monthly limit. It also has a built-in invoicing tool and integrates with business software like Xero, Stripe, and Shopify.
Pricing
Here's a look at their pricing:
- $0 Monthly Fee: The business checking account has no monthly maintenance fee.
- $0 Minimum Balance: There are no requirements to maintain a minimum balance.
- $0 Transaction Fees: The account does not charge for transactions.
- Free Incoming Wires: There is no charge for receiving wire transfers.
- Up to $7/month in ATM Fee Refunds: Customers receive refunds on ATM fees.
Reviews
User reviews frequently mention issues with customer service, including slow response times and difficulty with dispute resolution. Some customers also note problems with account closures and accessing support. Check out more Novo reviews here.
5. Tide Bank
Tide is a UK-based financial technology company established in 2015, offering mobile-first banking services for small and medium-sized enterprises. The platform provides current accounts, automated bookkeeping, integrated invoicing, and connects with accounting software like Sage, QuickBooks, and Xero.
Businesses can open an account in minutes through the Tide app, which also contains built-in accounting and expense management tools. The service supports cash deposits at UK Post Office or PayPoint locations and allows for sending and receiving international payments.
Pricing
Here's a look at their pricing:
- No monthly fee Free Plan: Charges include 20p per UK transfer and £1 per ATM withdrawal.
- £12.49 + VAT per month Smart Plan: Includes 25 free UK transfers and one free expense card.
- £24.99 + VAT per month Pro Plan: Offers unlimited free UK transfers and two free expense cards.
- £69.99 + VAT per month Max Plan: Provides unlimited free UK transfers and three free expense cards.
Reviews
User feedback points to issues with customer support responsiveness, payment processing delays, and problems with account access. Check out more Tide Bank reviews here.
6. Niural
Niural is an AI-powered global Professional Employer Organization (PEO) and B2B payments platform operating in the United States and more than 150 countries. It offers a suite of services that includes US and international payroll, PEO functions, benefits administration, and compliance management.
The platform leverages AI to automate complex HR and payroll tasks, ensuring adherence to local labor laws. This integration allows businesses to manage payroll processing and their workforce, from small teams to thousands of employees.
Pricing
Here's a look at their pricing:
- $100/month + $20/employee/month US Payroll Basic Plan: This plan covers standard US payroll services.
- Custom Rate US Payroll Plus Plan: This plan includes features for multi-state payroll, custom pay schedules, and unlimited payroll runs.
- $120/employee/month US PEO Basic Plan: This option offers HR and compliance support.
- Custom Rate US PEO Plus Plan: This plan adds benefits such as mental health resources and COBRA administration.
- From $599/employee/month Employer of Record: This is for international services, with customized quotes available for specific needs.
Reviews
User feedback addresses the platform's management of HR and payroll tasks, with some reviews noting occasional support delays and complexity in navigating its features. Check out more Niural reviews here.
7. Finom
Finom is a European financial technology company based in Amsterdam that provides digital banking and financial management services for SMEs, freelancers, and the self-employed. The platform offers online account opening with local IBANs, invoicing, accounting integrations, and expense management tools.
The service provides free physical and unlimited virtual debit cards, cashback of up to 3% on business purchases, and support for multiple currencies. It is designed to streamline financial operations with its user interface and customer support.
Pricing
Here's a look at their pricing:
- Free Solo Plan: Includes one user, a personal IBAN, free physical VISA cards, and basic invoicing features.
- €9/month Start Plan: Includes two users, a personal IBAN, free physical VISA cards, and advanced invoicing features.
- €28/month Premium Plan: Offers five users, a personal IBAN, free physical VISA cards, and invoicing and accounting integrations.
- €149/month Corporate Plan: Provides ten users, a personal IBAN, free physical VISA cards, and advanced invoicing and accounting features.
- €339/month Enterprise Plan: Includes fifteen users, a personal IBAN, free physical VISA cards, and all features from the Corporate Plan.
Reviews
User feedback often addresses the platform's interface, invoicing system, and customer support. Some users report concerns regarding account management, transaction processing, and fees. Check out more Finom reviews here.
8. Moss
Moss is a technology-enabled expense and financial management solution designed to help businesses manage company spending. The platform offers tools for corporate cards, invoice processing, and accounting automation.
It provides both virtual and physical corporate cards with customizable spending limits and automates invoice management for payments in over 70 currencies. The system also offers accounting integrations, digital employee reimbursement workflows, and centralized purchase controls.
Pricing
Moss utilizes a modular pricing structure, but specific costs are not publicly disclosed. For personalized pricing based on a company's requirements, it is necessary to contact Moss directly, though a free trial is available.
Reviews
User feedback indicates some customers have experienced slow support response times and have noted limitations in areas like approval workflow customization. Check out more Moss reviews here.
9. Countingup
Countingup is a UK-based company founded in 2017, offering a business current account combined with built-in accounting software. The platform allows small businesses to manage their finances within a single application.
The service provides tools for instant invoicing, automatic expense categorization, receipt capture, and real-time tax estimates. These features are designed to automate financial administration for business owners.
Pricing
Here's a look at their pricing:
- £3 per month: For total monthly deposits up to £750.
- £9 per month: For deposits between £750 and £7,500.
- £18 per month: For deposits exceeding £7,500.
- Additional Fees: Transaction fees apply from the outset, including 30p for transfers, 3% for foreign transactions, and £1 for ATM withdrawals.
- Three-Month Free Trial: A trial period is available to test the service before committing to a subscription.
Reviews
User feedback indicates some customers have experienced issues with account suspensions, delays in fund transfers, and limited customer support options. Check out more Countingup reviews here.
10. Wise
Wise, formerly known as TransferWise, is a UK-based financial technology company founded in 2011 that specializes in international money transfers. The company serves over 15.5 million active customers and provides services for both individuals and businesses through its Wise Business and Wise Platform offerings.
The platform provides a multi-currency account to hold and manage funds in over 40 currencies, along with a debit card for global spending. It processes international transfers using the mid-market exchange rate without hidden fees.
Pricing
Here's a look at their pricing:
- Pay-as-you-go Model: Wise operates without subscriptions or monthly fees.
- From 0.57% Sending Money: Fees for sending money vary depending on the currency.
- $9 One-Time Fee Multi-Currency Card: A one-time fee is charged for the card, with additional fees for ATM withdrawals exceeding $100 per month.
- $31 One-Time Fee Business Account: Businesses pay a one-time setup fee to receive account details in multiple currencies.
- Free to Hold Money: There is no charge for holding funds. Receiving certain domestic payments is free, while international wire transfers have fixed fees.
Reviews
User feedback often centers on the platform's handling of international transfers, with some customers reporting issues such as account freezes and unresponsive customer support. Check out more Wise reviews here.
Which One Should You Go With?
Choosing the right financial platform depends on your specific business needs, and any of the alternatives listed can be a great fit. If you're looking for a modern banking solution that truly understands the demands of Web3, we recommend giving OneSafe a try. Sign up for OneSafe today to see how we can simplify your financial operations.
