While Fipto presents a modern approach to global payments by combining traditional finance with blockchain technology, factors like a notable learning curve, integration difficulties, and non-public pricing may prompt businesses to explore other solutions. This article will explain what Fipto is, detail the reasons you might consider an alternative, and outline other options available depending on your specific business needs.
What is Fipto?
Fipto is a French fintech company founded in 2022, offering businesses a global payment infrastructure built on stablecoins. The platform merges traditional payment standards with blockchain technology, providing real-time, multi-currency transactions with a strong emphasis on security and regulatory compliance.
While the company doesn't publish its pricing, it invites interested businesses to request a demo to explore its features. User feedback is limited but generally positive, with early reviews highlighting the platform's speed and support for both fiat and digital currencies.
What to Consider When Selecting a Fipto Alternative?
When searching for a platform to replace Fipto, it's helpful to evaluate alternatives based on your specific business requirements. Here are five key factors to consider:
- Pricing Transparency: Look for platforms with clear, upfront pricing to avoid unexpected costs and budget more effectively.
- Cryptocurrency Support: Determine if you need a solution focused purely on traditional finance or one that integrates digital assets like stablecoins for payments and payroll.
- Core Functionality: Assess whether you need a specialized tool for global payments, expense management, or a comprehensive platform that combines banking, payroll, and accounting.
- Ease of Integration: Consider how easily a new platform will connect with your existing software stack, such as accounting or HR systems.
- Customer Support: Evaluate the quality and responsiveness of customer service, as reliable support is vital when managing financial operations.
If these considerations align with your priorities, take a look at the alternatives we've detailed in the following section.
10 Best Alternatives to Fipto
1. OneSafe
OneSafe is a finance platform built to modernize banking for businesses, especially those operating in the Web3 and crypto spaces. We provide the 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 offer end-to-end expense and payroll management, rapid account setup, and responsive customer support tailored for businesses in the digital asset space.
Pricing
We believe in transparent pricing so you can manage your finances without surprises. Here’s a look at our straightforward fee structure:
- Free Account Basics: We charge nothing for account opening, maintenance, or card issuance. Plus, there are no monthly subscriptions or minimum balance requirements.
- Low-Cost Domestic Transfers: US domestic ACH and wire transfers are just 0.1% per transaction, with a flat $25 fee for Fedwire.
- Competitive International Payments: SEPA payments in EUR are 0.2% per transaction, and international wires are 0.2% plus a $50 SWIFT fee.
- Transparent Crypto Fees: USDT transactions have a low 0.1% fee, and our fiat-to-crypto conversions come with no hidden charges—just market rates.
- Simple Card Usage: Spend abroad with your corporate card with a 3% foreign exchange fee on non-USD transactions.
Reviews
Users consistently praise our platform for its exceptional customer support and for solving the unique banking and payroll challenges faced by Web3 companies.
- Amit Chu, Investments @ Celo Foundation: “OneSafe has the best customer support I've ever experienced from a bank.”
- Marco, CEO of Ensuro: “OneSafe is a game-changer. They solve so many headaches for our company. Finally a banking solution that gets it.”
Want to learn more? Check us out here.
2. MuralPay
MuralPay is a financial technology company that uses stablecoins to facilitate international transactions, primarily for businesses operating in the Americas. The company's mission is to address challenges from outdated financial infrastructure and the large number of unbanked individuals globally.
Its platform and API provide services for pay-ins, payouts, invoicing, virtual accounts, and compliance. Additional functionalities include instant global payments, multi-currency support, batch and recurring payments, and real-time currency conversion.
Pricing
MuralPay does not publicly disclose its pricing structure. Businesses interested in specific pricing information are advised to contact the company directly or request a free demo.
Reviews
Some user reviews mention occasional delays in transaction processing and a complex interface on smaller devices. Concerns have also been raised regarding the platform's cost for large teams and its limited offline access. Check out more MuralPay reviews here.
3. Reap
Reap is a financial technology company founded in 2018 that offers a suite of products to manage financial operations for businesses. Its main products are the Reap Card, a corporate credit card, Reap Pay for currency payments, and API solutions for card issuing and global payouts.
The platform’s corporate card allows for bill repayments in both fiat and digital currencies, with features for global coverage and spend control. Reap also provides services for making payments in preferred currencies and API tools for creating custom card programs and automating payouts.
Pricing
Here is a look at Reap's pricing structure:
- 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: ATM withdrawals and foreign exchange transactions incur a 2% fee.
- Custom Pricing for API Solutions: Pricing for card issuing, payment APIs, and compliance APIs is based on product usage.
Reviews
User reviews for Reap are mixed, with some customers reporting issues such as credit limit changes without prior notice, alongside concerns about customer service and the company's financial standards. Check out more Reap reviews here.
4. Novo
Novo is a financial technology company that provides FDIC-insured business deposit accounts through its partnership with Middlesex Federal Savings. The platform offers a mobile-first banking experience designed 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 on ATM fees. It also provides built-in invoicing and integrates with business tools like Xero, Stripe, and Shopify.
Pricing
Novo's business checking account has no monthly fees, minimum balance requirements, or transaction fees. It includes refunds for ATM fees up to $7 per month and does not charge for incoming wires.
Reviews
User reviews frequently point to the quality of customer service, the dispute resolution process, and the lack of cash deposit options. Check out more Novo reviews here.
5. Tide Bank
Tide is a UK-based financial technology company established in 2015 that provides mobile-first banking services for small and medium-sized enterprises. The company offers current accounts, automated bookkeeping, integrated invoicing, and compatibility with accounting software such as Sage, QuickBooks, and Xero.
Businesses can open an account through the Tide app, which also contains built-in accounting and tax tools. The service facilitates cash deposits at UK Post Office or PayPoint locations, provides expense cards for team spending, and allows for international payments.
Pricing
Here is a look at Tide's tiered pricing structure, which offers a 3-month free trial for its paid plans:
- 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, one free expense card, and a 2.75% foreign exchange fee on card transactions.
- £24.99 + VAT per month, Pro Plan: Offers unlimited free UK transfers, two free expense cards, and fee-free foreign currency card transactions.
- £69.99 + VAT per month, Max Plan: Provides unlimited free UK transfers, three free expense cards, a dedicated account manager, and fee-free foreign currency card transactions.
Reviews
User reviews frequently mention challenges with customer support responsiveness and problems related to 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 that operates in the United States and over 150 other countries. The company provides a range of services, including US and international payroll, PEO functions, benefits administration, and compliance management.
By using AI technology, Niural automates complex HR and payroll tasks, ensuring compliance with local labor laws and facilitating payroll processing. This allows businesses to manage their workforce, whether they have a small team or thousands of employees.
Pricing
Here is a look at their pricing:
- $100/month + $20/employee/month, US Payroll Basic: A plan for US payroll services.
- Custom Rate, US Payroll Plus: Includes multi-state payroll, custom pay schedules, and unlimited payroll runs.
- $120/employee/month, US PEO Basic: Offers HR and compliance support.
- Custom Rate, US PEO Plus: Adds mental health resources, COBRA administration, and various insurance options.
- Starts at $599/employee/month, International Employer of Record: For international services, with customized quotes available.
Reviews
User reviews comment on the platform's efficiency, interface, and customer support. Some feedback notes the complexity of navigating its features and occasional support delays. Check out more Niural reviews here.
7. Finom
Finom is a European financial technology company founded in 2019 that provides digital banking and financial management services for small to medium-sized enterprises and freelancers. The platform offers online accounts with local IBANs, invoicing, accounting integrations, and expense management.
The service provides free physical and unlimited virtual debit cards, with up to 3% cashback on business purchases. It also supports multiple currencies and international payments, with a focus on a user-friendly interface and customer support to manage financial operations.
Pricing
Here is a look at Finom's pricing structure:
- Free, Solo Plan: A plan for freelancers and self-employed individuals that includes one user, a personal IBAN, free physical VISA cards, and basic invoicing features.
- €9 per month, Start Plan: Designed for small businesses, this plan includes two users, a personal IBAN, free physical VISA cards, and advanced invoicing features.
- €28 per month, Premium Plan: This plan offers five users, a personal IBAN, free physical VISA cards, and comprehensive invoicing and accounting integrations.
- €149 per month, Corporate Plan: Tailored for larger businesses, this option provides ten users, a personal IBAN, free physical VISA cards, and advanced invoicing and accounting features.
- €339 per month, Enterprise Plan: This plan includes fifteen users, a personal IBAN, free physical VISA cards, and all features available in the Corporate Plan.
Reviews
User reviews mention the platform's interface and invoicing system, while also raising concerns about account management, unexpected fees, and technical problems with transactions. Check out more Finom reviews here.
8. Moss
Moss is a technology-enabled expense and financial management solution designed to streamline company spending. The platform offers a suite of tools for handling corporate cards, processing invoices, and managing employee reimbursements.
The service provides both virtual and physical corporate cards with customizable spending limits and automates invoice processing for payments in over 70 currencies. It also offers digital employee expense claims, purchase order controls, and integrates with various accounting and ERP systems.
Pricing
Moss uses a modular pricing model with a base package and optional add-ons for features like advanced accounting and procurement. Specific pricing details are not publicly available; interested businesses must contact the company for a personalized quote, though a free trial is offered.
Reviews
User reviews frequently mention the platform's interface and its expense management capabilities. Other common points of feedback include the responsiveness of customer support and a desire for more feature customization. Check out more Moss reviews here.
9. Countingup
Countingup is a UK-based company founded in 2017, offering a business current account that comes with built-in accounting software. This combination is designed to let small businesses manage their finances from a single application.
The platform provides tools for instant invoicing, automatic expense categorization, receipt capture, and real-time tax estimates. These functions are intended to automate financial administration, allowing business owners to direct their attention to core operations.
Pricing
Here is a look at their pricing:
- £3 per month: For total monthly deposits up to £750.
- £9 per month: For total monthly deposits between £750 and £7,500.
- £18 per month: For total monthly deposits exceeding £7,500.
- Additional Fees: Transaction fees apply from the outset and include 30p for transfers, £1 for ATM withdrawals, and 3% for foreign transactions.
- Free Trial: A three-month free trial is available to test the service before subscribing.
Reviews
User feedback mentions the platform's invoicing and bookkeeping tools, while some reviews cite issues such as account suspensions, fund transfer delays, and limited customer support. 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 facilitates transfers using the mid-market exchange rate and offers a multi-currency account for holding funds in over 40 currencies. A debit card is also available for spending and withdrawing cash in different countries.
Pricing
Here is their pricing at a glance:
- From 0.57% to Send Money: Fees for sending money vary by currency.
- Free to Receive Certain Payments: Receiving domestic payments in some currencies is free, while international wire transfers have fixed fees.
- $9 One-Time Card Fee: The Wise Multi-Currency Card has a one-time fee. Spending is free, with fees for ATM withdrawals over $100 per month.
- $31 One-Time Business Fee: Businesses pay a one-time setup fee to receive account details in multiple currencies.
Reviews
User reviews frequently comment on the platform's process for international transfers and its fee structure. Some customers have reported challenges with account freezes and the effectiveness of customer support. Check out more Wise reviews here.
Which One Should You Go With?
Choosing the right financial partner is a big decision, and each platform we've covered offers unique strengths for different business models. If your company operates in the Web3 space and needs a solution that understands both traditional and digital assets, we're confident OneSafe is the ideal alternative. Ready to modernize your business banking? Sign up for OneSafe today!
