Hype is a digital banking service, but some users report issues with customer support and in-app advertisements, leading them to look for alternatives. This guide will break down what Hype is, examine the reasons for seeking a different solution, and outline other options for global payments based on your specific requirements.
What is Hype?
Hype is an Italian fintech company established in 2015 that offers digital banking services to simplify financial management. The platform provides a user-friendly mobile app with features like real-time notifications, budgeting tools, and instant payments.
For professionals, its business service includes a World Elite Mastercard, free SEPA transfers, and complimentary F24 tax payments. This plan also features a Tax Manager, expense monitoring tools, and free cash withdrawals in euros from any ATM.
What to Consider When Selecting a Hype Alternative?
When searching for a Hype alternative, it's important to evaluate platforms based on your specific business or personal finance needs. Here are five key factors to consider:
- Fees and Pricing Structure:Understand the platform's fee model, whether it's a monthly subscription, per-transaction charge, or a combination, to avoid unexpected costs.
- International Transaction Capabilities:Assess the service's support for multi-currency accounts, international transfers, and foreign exchange rates if you operate globally.
- Business Management Tools:Look for integrated features like invoicing, expense tracking, and payroll management that can help streamline your financial operations.
- Customer Support Quality:Investigate the responsiveness and reliability of the customer service team, as this can be a major factor when you need assistance.
- Digital Asset Integration:Consider whether the platform supports cryptocurrency transactions or conversions if your business deals with digital assets.
If these considerations resonate with your requirements, explore our detailed breakdown of Hype alternatives in the next section.
10 Best Alternatives to Hype
1. OneSafe
OneSafe is a finance platform designed to modernize banking for businesses, particularly those operating in the Web3 and crypto sectors. We provide the 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 streamlined onboarding, rapid transfers, and responsive customer support tailored for companies in the digital asset space.
Pricing
We pride ourselves on transparent and straightforward pricing. Here’s a glance at our fee structure:
- Free General Fees: We offer free account opening and maintenance, no monthly subscriptions, free card issuance, and no minimum balance requirements.
- 0.1% - 0.2% Money Movement Fees: Our fees are 0.1% per transaction for US domestic ACH and wires, and 0.2% for SEPA payments.
- Competitive International & Fedwire Fees: International wires are 0.2% plus a $50 SWIFT fee, and US domestic Fedwire transfers have a flat $25 fee.
- 3% Corporate Card FX: For any non-USD spending on your corporate card, a 3% foreign exchange fee is applied.
- 0.1% Crypto Transaction Fees: We charge a 0.1% fee for USDT transactions, and our fiat-to-crypto conversions come with market rates and no hidden charges.
Reviews
Users consistently praise our platform for its exceptional customer support and ability to simplify complex financial operations for Web3 companies. Our clients find that we solve major payroll and banking challenges, making us an indispensable partner.
- “OneSafe has the best customer support I've ever experienced from a bank.” — Amit Chu, Investments @ Celo Foundation
- “OneSafe has revolutionized our Web3 organization's payroll and banking processes. The team's responsiveness and reliability have made it a must-have solution for any Web3 company.” — Bryan, CCO of Swapsicle
Want to learn more? Check us out here.
2. Moss
Moss is a technology-enabled financial management solution designed to help companies control their spending. The platform provides tools to streamline various expense-related processes for businesses.
It offers corporate credit cards with adjustable spending limits and automates invoice management for payments in numerous currencies. Additionally, Moss digitizes employee reimbursement workflows and connects with accounting software to automate data entry.
Pricing
Moss utilizes a modular pricing model that starts with a base package and allows for the inclusion of optional add-ons. Specific pricing details are not publicly available, and businesses must contact the company directly for a personalized quote.
Reviews
User feedback frequently addresses the platform's interface, its impact on expense management, and the performance of customer support, including notes on feature flexibility. Check out more Moss reviews here.
3. Kontist
Kontist is a German financial service provider that offers business banking solutions specifically for freelancers and self-employed individuals. The service provides a business account with a German IBAN and a physical Visa debit card.
The platform is designed to assist with financial management through automatic tax estimation and real-time tax calculation, with an option to set aside funds for taxes. Paid plans offer additional functionalities such as subaccounts, a higher number of SEPA transfers, and VAT return services.
Pricing
Here's their pricing at a glance:
- Free Business Account: Includes a German IBAN, a physical Visa debit card, and real-time tax estimation.
- €11/month + VAT Start Plan: Adds subaccounts and 30 SEPA transfers.
- €25/month + VAT Plus Plan: Includes VAT return and business evaluation.
Reviews
User reviews mention concerns regarding high fees for services, limitations on transactions, and the responsiveness of customer support. Check out more Kontist reviews here.
4. Revolut
Revolut is a British financial technology company founded in 2015 that provides a variety 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 at the interbank rate and supports both local and international money transfers. It also provides team management tools like issuing cards with spending controls and integrates with accounting software such as Xero and Sage.
Pricing
Here's their pricing at a glance:
- 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
User feedback often addresses the app's interface, the speed of payments, and card management features. Some users also mention challenges with customer support and limitations in certain banking functionalities. Check out more Revolut reviews here.
5. Primis Bank
Primis Bank, formerly Sonabank, is a Virginia-based financial institution established in 2005 that offers a range of banking services. With over $3.4 billion in assets, it provides business and personal accounts, high-yield savings, and CDs with FDIC insurance.
The bank's accounts feature no monthly fees, no overdraft fees, no minimum balance requirements, and unlimited transactions. Customers also receive free business insights and have access to 24/7 support from live agents.
Pricing
Primis Bank does not publicly list a detailed pricing structure for its services. For specific information regarding account fees and interest rates, the bank requires direct contact.
Reviews
User feedback indicates some customers have experienced long wait times for support, issues with account access, and unexplained denials for business account applications. Check out more Primis Bank reviews here.
6. Anna Money
ANNA Money is a UK-based financial service provider offering business accounts tailored for small and medium-sized enterprises, freelancers, and creative professionals. The platform combines invoicing, receipt scanning, and tax calculations to assist with financial tasks.
Users can open an account in under 10 minutes and receive a physical debit Mastercard® within a few days. The service also provides 24/7 customer support, automated expense tracking by matching receipts to transactions, and payroll services that facilitate bulk payments.
Pricing
ANNA Money has a usage-based pricing model that begins 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 usability and customer support, while some reports cite issues with account freezes and difficulties accessing funds. Check out more Anna Money reviews here.
7. Soldo
Soldo is a spend management solution designed to help businesses control their expenses. The platform combines an app with various payment methods to manage decentralized spending across an organization.
It provides real-time monitoring of multi-currency expenses, customizable user roles, and integration with accounting software. This allows employees to make purchases while the company maintains financial oversight, which can reduce administrative tasks.
Pricing
Soldo has a tiered pricing structure, but specific details are not publicly available. The company offers a free trial, and interested businesses must contact Soldo directly for a quote.
Reviews
User reviews mention the platform's expense management features, though some customers report issues with login, statement delivery, and account closure, along with varied opinions on customer support. Check out more Soldo reviews here.
8. OneMoneyWay
OneMoneyWay is a digital platform that helps small and medium-sized enterprises in Europe manage their global financial operations. The service offers international transfers with local IBANs, foreign exchange for over 24 currencies, and various payment options like SWIFT and SEPA.
The platform states it provides faster transactions than traditional banks and does not impose limits on transaction amounts. It also supplies virtual and physical corporate cards, business accounts, and payment terminals through its 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/month Starter: Billed annually, this option provides up to three business accounts, two virtual and two physical corporate cards, and lower transaction fees.
- £99/month Business: Billed annually, this tier offers up to five business accounts, four physical corporate cards, unlimited virtual cards, and the lowest transaction fees.
OneMoneyWay states that all prices are indicative and depend on a company's revenue and industry.
Reviews
User feedback often comments on the level of service and the professionalism of the staff. Reviews also mention the platform's features, like local IBAN accounts, and note that account setup can have longer processing times. Check out more OneMoneyWay reviews here.
9. Novo
Novo is a financial technology company that offers business deposit accounts through its partnership with Middlesex Federal Savings, with funds insured by the FDIC. The platform provides a mobile-first banking experience designed for small business owners, freelancers, and entrepreneurs.
Its business checking account has no monthly fees or minimum balance requirements and includes refunds on ATM fees. The service also provides a built-in invoicing tool and integrates with business software like Xero, Stripe, and Shopify.
Pricing
Novo provides a business checking account with no monthly fees, minimum balance requirements, or transaction fees. The account includes free incoming wires and refunds on ATM fees up to $7 per month.
Reviews
User feedback frequently mentions challenges with customer support, issues with dispute resolution, and limitations like the lack of cash deposit options. Check out more Novo reviews here.
10. Currensea
Currensea is a UK-based financial technology company that provides a travel debit card designed to reduce foreign exchange fees when spending abroad. The card links directly to a user's existing bank account, which eliminates the need to top up or transfer funds separately.
The service provides real-time exchange rates and sends immediate notifications detailing the amount spent and any savings. It offers various subscription plans with different limits on fee-free card spending and ATM withdrawals.
Pricing
Here's their pricing at a glance:
- Free Essential: This plan includes a £500 monthly card spend at the real-time rate, with a 1% fee after that limit. ATM withdrawals are fee-free up to £200 per month. A one-time card delivery fee of £4.95 is charged.
- £39.95 annually Pro: This plan offers market-leading exchange rates, unlimited fee-free card spending, and fee-free ATM withdrawals up to £500 per month.
- £150 annually Elite: This plan provides all Pro features with an increased fee-free ATM withdrawal limit of £750 per month and additional perks.
Reviews
User reviews often discuss the card's ease of use, transaction notifications, and exchange rates, while some also cite issues with card acceptance in certain locations and customer support responsiveness. Check out more Currensea reviews here.
Which One Should You Go With?
Choosing the right financial platform depends entirely on your specific business needs, and any of the alternatives listed can be a great fit. However, if you're a modern business operating in the Web3 space, we believe OneSafe offers the most tailored solution for managing both traditional and digital assets. Ready to simplify your financial operations? Sign up for OneSafe today and see how we can help your business grow.
