OnChainDen's apparent closure and its non-transparent pricing structure may have you searching for a new platform for your on-chain transactions. This guide will explain what OnChainDen was, detail the reasons for seeking an alternative, and present other options to consider for your banking and global payment needs.
What is OnChainDen?
OnChainDen was a platform built to help teams conduct secure and efficient on-chain transactions. It offered unique features like transaction simulation, automated accounting with human-readable ledgers, and the ability to send both cryptocurrency and fiat.
The system was designed to streamline on-chain activities and provide robust financial management tools. By offering these capabilities, it aimed to enhance security when users interacted with decentralized applications and smart contracts.
What to Consider When Selecting a OnChainDen Alternative?
When searching for a replacement for OnChainDen, it's helpful to evaluate platforms based on a few key characteristics:
- Hybrid Currency Support: Look for a platform that capably handles both fiat and digital assets, especially for global payroll and expense management.
- Security Protocols: Prioritize services that offer robust security measures, such as transaction previews or advanced fraud detection, to safeguard your on-chain activities.
- Transparent Pricing: Opt for a provider with a clear, publicly available fee structure to avoid unexpected costs and aid in financial planning.
- Financial Management Tools: Consider alternatives that provide built-in tools for invoicing, automated accounting, or expense tracking to streamline your operations.
- Customer Service Quality: Assess the reputation for customer support, as responsive and effective assistance is vital for navigating complex financial transactions.
If these considerations align with your needs, explore some of the top alternatives we've detailed in the next section.
10 Best Alternatives to OnChainDen
1. OneSafe
OneSafe is a finance platform built to modernize banking for businesses, particularly those operating in the Web3 and crypto sectors. We offer the necessary tools for 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, simplifying payroll and expense management for global teams. We also provide end-to-end expense and payroll management, streamlined onboarding, and responsive customer support designed for businesses in the digital asset space.
Pricing
We believe in transparent pricing so you always know what to expect. Here’s a glance at our fee structure:
- Free Account Services: We charge no fees for account opening, monthly maintenance, or card issuance, and there's no minimum balance required.
- Low-Cost Domestic Transfers: US domestic ACH and wire transfers are just 0.1%, with a flat $25 fee for Fedwire.
- Competitive International Payments: SEPA (EUR) payments are 0.2%, and international wires are 0.2% plus a $50 SWIFT fee.
- Transparent Crypto Fees: USDT transactions have a 0.1% fee, and our fiat-to-crypto conversions are included at market rates with no hidden charges.
- 3% Corporate Card FX: For all spending on your corporate card in currencies other than USD.
Reviews
Users consistently praise our platform for its exceptional customer support and for providing a banking solution that truly understands and solves the unique challenges of 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 to get started? Check us out here.
2. Finom
Finom is a European financial technology company that offers digital banking and financial management services tailored for small to medium-sized enterprises and freelancers. The platform provides online accounts with local IBANs, invoicing tools, accounting integrations, and expense management.
It issues free physical and unlimited virtual debit cards, offers up to 3% cashback on business purchases, and supports multiple currencies for international payments. Finom also focuses on a user-friendly interface and provides customer support to assist with financial operations.
Pricing
Here is a glance at their pricing:
- 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 feedback often points to the platform's interface and invoicing tools, while some reviews also note concerns about unexpected fees, account management issues, and technical difficulties with transaction processing. Check out more Finom reviews here.
3. Brex
Brex is a financial technology company that provides a suite of services including corporate credit cards, expense management, and business accounts. These offerings are integrated into a single platform to help businesses manage their financial operations.
The system uses AI-powered custom rules and provides real-time reporting and accounting integrations for financial management. It is built to scale for various business sizes, from startups to global enterprises.
Pricing
Here is a look at their pricing:
- Free Essentials: This plan includes global card acceptance, AI-powered custom rules, accounting integrations, bill pay, and reimbursements.
- $12 per user per month Premium: This tier adds features like multiple expense policies, advanced approvals, multi-entity support, and customizable ERP and HRIS integrations.
- Custom Enterprise: This plan is for global enterprises with custom needs and includes a named account manager and fully customizable implementation services.
Reviews
User feedback indicates some customers have experienced issues with customer service, citing unresponsiveness and difficulties resolving complex queries. Other reviews mention challenges with account management and specific platform features. Check out more Brex reviews here.
4. Blank
Blank is a French company that provides online professional accounts designed for freelancers and small businesses. The platform offers services to help manage business finances and administrative tasks.
It provides users with a French IBAN, a Visa Business card, and tools for creating quotes and invoices. Additionally, the service includes automated Urssaf declarations, simplified accounting, and access to professional insurance options.
Pricing
Here is a look at their pricing:
- €6 (excl. tax) per month Simple: Includes 30 SEPA transfers, quote and invoice creation tools, automated Urssaf declarations, and expense tracking.
- €17 (excl. tax) per month Confort: Includes all Simple plan features plus phone support five days a week, 30 additional SEPA transfers, higher card limits, and income maintenance insurance.
- €39 (excl. tax) per month Complète: Includes all Confort plan features plus unlimited SEPA transfers, email and phone support six days a week, and higher card limits.
Reviews
User feedback on Blank is varied, with some customers reporting issues related to account closure and delays in accessing their funds. Check out more Blank reviews here.
5. Ampere
Ampere is a UK-based financial services provider that offers an all-in-one business current account for startups and small to medium-sized enterprises. Its platform is structured to consolidate various financial operations for businesses.
The service provides multi-currency accounts, direct invoice creation, and currency exchange at a rate of 0.35%. Ampere also offers business loans, commercial mortgages, and merchant accounts with settlements occurring twice a week.
Pricing
Here is a look at their pricing:
- £35 Setup + £20 Monthly: Business Account. The setup fee covers the first month's maintenance and card issuance.
- £25 Setup + £10 Monthly: Private Account. The setup fee covers the first month's maintenance and card issuance.
- Free - £25 per transfer: Transfers. Local GBP and EUR transfers are free, while international SWIFT transfers cost £25.
- 0.35% + Fees: Currency Exchange & Card Use. A 0.35% fee applies to GBP and EUR exchanges. ATM withdrawals incur a 2% fee plus £1.50.
- From IC++0.35%: Merchant Services. Setup is free, with acquiring fees starting at IC++0.35% for low-risk and IC++0.95% for medium-risk merchants.
Reviews
User feedback indicates a desire for more advanced business features and support for additional currencies, such as USD. Some reviews also mention issues with customer service responsiveness and delays in payment processing. Check out more Ampere reviews here.
6. Fiducial Banque
Fiducial Banque is an online banking institution established in 2014 that serves professionals, small to medium-sized enterprises, and other business entities. As a subsidiary of the Fiducial Group, it provides a range of banking services designed for entrepreneurs.
The platform assigns a dedicated advisor to each client upon account creation and provides 24/7 online account management. It also offers financing solutions, such as business loans and leasing options, to support business growth.
Pricing
Here is a look at their pricing:
- €12 (excl. tax) per month PRO Base: This package includes a professional current account, a dedicated banking advisor, 24/7 online banking access, a Visa Business debit card, unlimited SEPA direct debits and transfers, and check deposit services.
- €25 (excl. tax) per month PRO Plus: This tier includes all PRO Base services, plus the ability to accept card payments, a choice of Visa cards with different debit options, and checkbooks.
- €45 (excl. tax) per month PRO Excellence: This package includes all PRO Plus services, with unlimited account movement commissions, one free monthly cash deposit via a partner network, and a Visa Premier debit card with deferred debit.
Reviews
User feedback for Fiducial Banque points to issues with customer service responsiveness and technical problems with its digital platforms. Some clients have reported delays in receiving assistance and occasional system failures. Check out more Fiducial Banque reviews here.
7. MuralPay
MuralPay is a financial technology company that provides a platform and API for international transactions, focusing on businesses operating across the Americas. The company aims to address challenges associated with traditional financial infrastructure by offering services for pay-ins, payouts, invoicing, and virtual accounts.
Its platform, powered by stablecoins, enables instant global payments, multi-currency invoicing, and real-time currency conversion. It also includes tools for managing batch and recurring payments, virtual accounts for different currencies, and built-in compliance.
Pricing
MuralPay does not publicly disclose its pricing information on its website. For detailed pricing tailored to specific business needs, potential users are advised to contact the company directly or request a free demo.
Reviews
User feedback indicates some areas for improvement, including occasional transaction processing delays, a complex interface on smaller devices, cost concerns for large teams, and limited offline access. Check out more MuralPay reviews here.
8. Propulse by CA
Propulse by CA is an online banking and management platform developed for entrepreneurs, freelancers, and small businesses. It offers a collection of features intended to assist with financial and administrative tasks.
The service provides an online business account with a French IBAN, a Visa Business card, and tools for automated invoicing. It also includes functions for managing expenses, filing URSSAF declarations, and accessing insurance through the payment card.
Pricing
Here is a look at their pricing:
- €8 per month Starter Plan: The base subscription tier.
- €17 per month Start+ Plan: The premium subscription tier.
Reviews
User feedback indicates some customers have experienced challenges with support, citing difficulties in contacting the company and delays in account creation and issue resolution. Check out more Propulse by CA reviews here.
9. Novo
Novo is a financial technology company that offers business deposit accounts through a partnership with Middlesex Federal Savings. The service provides a mobile-first banking experience designed for small business owners, freelancers, and entrepreneurs.
The platform includes a business checking account with no monthly fees or minimum balance requirements, along with built-in invoicing tools. It also integrates with various business applications and offers refunds on ATM fees worldwide.
Pricing
Novo provides a business checking account with no monthly fees, minimum balance requirements, or transaction fees. The service includes refunds on ATM fees worldwide up to $7 per month and comes with built-in invoicing.
Reviews
User feedback frequently highlights challenges with customer support and the handling of disputes. Some reviews also mention issues with account closures and technical problems. Check out more Novo reviews here.
10. Payhawk
Payhawk provides a spend management platform that integrates corporate cards, expense management, and accounts payable into a unified system. This is intended to enhance visibility and control over company expenditures through real-time tracking and reporting.
The service offers multi-currency Visa cards, automated receipt collection, and AI-powered data extraction in over 65 languages. It also supports multi-entity management and connects with accounting systems like Xero, QuickBooks, and NetSuite.
Pricing
Payhawk does not publicly list its pricing. To receive pricing information, businesses are directed to schedule a personalized demo to discuss their specific requirements.
Reviews
User reviews mention the platform's expense management capabilities, though some report challenges with the initial setup, mobile app synchronization, and transaction updates. Check out more Payhawk reviews here.
Which One Should You Go With?
While any of these platforms could serve as a capable alternative, we recommend OneSafe if you're looking for a solution that truly understands the financial needs of Web3 and crypto companies. Our platform is built to bridge the gap between traditional and digital assets, providing the tools you need to operate efficiently. If you're ready to modernize your business banking, we invite you to sign up for OneSafe today.
