While Soldo offers a platform for managing business expenses, some users report challenges with account access and statement delivery, and its non-transparent pricing can make it difficult to evaluate. This guide will break down what Soldo is, explore the reasons you might consider an alternative, and present other options that may better suit your company's needs.
What is Soldo?
Soldo is a proactive spend management solution that helps businesses streamline and control their expenses. The platform provides real-time monitoring of multi-currency spending and allows for customizable user roles to maintain financial oversight.
It combines a user-friendly app with versatile payment methods, enabling organizations to manage decentralized spending effectively. Additionally, the system integrates with accounting software to help reduce administrative tasks.
What to Consider When Selecting a Soldo Alternative?
When searching for a Soldo alternative, it's important to weigh several factors to find the best fit for your business needs:
- Pricing Transparency: Look for platforms with clear, upfront pricing and fee structures to avoid unexpected costs.
- Integration with Existing Systems: Ensure the solution connects smoothly with your current accounting or ERP software to streamline financial workflows.
- International Capabilities: Consider whether the platform supports multi-currency accounts and cost-effective cross-border payments for global operations.
- Customer Support Quality: Evaluate user reviews and support options to find a provider known for responsive and effective assistance.
- Specialized Features: Determine if you require specific functionalities, such as crypto-to-fiat conversions or advanced payroll management for Web3 teams.
If these considerations resonate with your company's priorities, explore our curated list of alternatives in the next section.
10 Best Alternatives to Soldo
1. OneSafe
OneSafe is a finance platform built to modernize banking for businesses, particularly those operating in the Web3 and crypto sectors. We offer essential tools for straightforward fund management, rapid 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. Businesses benefit from our end-to-end expense management, streamlined onboarding, and responsive customer support tailored for the digital asset space.
Pricing
Here's a look at our straightforward pricing:
- Free General Services: Enjoy free account opening and maintenance, with no monthly subscriptions or minimum balance requirements.
- Free Corporate Cards: We provide both virtual and physical corporate cards for your team at no charge.
- Low-Cost Domestic Payments: US domestic transfers (ACH & wires) are just 0.1% per transaction, with a $25 flat fee for Fedwire.
- Affordable Global & Crypto Transactions: Manage international payments with SEPA transfers at 0.2% and USDT transactions at 0.1%.
- Clear Conversion Rates: Fiat-to-crypto conversions are included at market rates with no hidden fees, and corporate card FX is a simple 3%.
Reviews
Our clients consistently praise our platform for its reliability and exceptional customer support, highlighting how we solve complex financial headaches for modern businesses.
- 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. Bunq
Bunq is a Dutch fintech company established in 2012 that delivers mobile banking services. It operates in 30 European countries, providing both personal and business accounts.
The platform offers users multiple International Bank Account Numbers (IBANs), multi-currency support, and a public API for developers. Additionally, Bunq has a sustainability focus, planting trees according to the user's rate plan and enabling investments in environmental projects.
Pricing
Here's their pricing at a glance:
- Free bunq Free: Includes 3 bank accounts with IBANs for sole proprietors.
- €7.99/month bunq Core: Includes 3 bank accounts with IBANs.
- €13.99/month bunq Pro: Includes 5 bank accounts with IBANs.
- €23.99/month bunq Elite: Includes 25 bank accounts with IBANs.
Reviews
User feedback often points to the app's innovative features and design, though some customers report challenges with customer service and resolving account issues. Check out more Bunq reviews here.
3. Airwallex
Airwallex is a financial technology company founded in 2015 that provides a suite of financial services. These services include cross-border payments, multi-currency business accounts, expense management, and corporate cards.
The platform offers multi-currency accounts in over 20 currencies and provides foreign exchange rates with a markup above interbank rates. It also facilitates local transfers to many countries and has integration capabilities with accounting software like Xero and QuickBooks.
Pricing
Here's their pricing at a glance:
- Free Explore Plan: This plan is free for users who deposit at least $5,000 per month or maintain a $10,000 minimum balance. It includes multiple business accounts and transfers to over 120 countries.
- $99/month Grow Plan: Includes all features of the Explore Plan, adding international batch transfers, expense management, and bill pay services.
- $499/month Accelerate Plan: Contains all features of the Grow Plan, plus centralized management of finances across global entities and single sign-on capabilities.
- Custom Plan: Pricing is tailored for high-volume businesses or those needing custom API implementations.
Reviews
User feedback points to challenges with customer service, including delayed responses and account suspensions without clear explanations, as well as difficulties with the Know Your Customer (KYC) process. Check out more Airwallex reviews here.
4. Currensea
Currensea is a UK-based financial technology company that provides a travel debit card designed to lower foreign exchange fees. The card links directly to a user's existing bank account, removing the need to top up or transfer funds before use.
The service offers real-time exchange rates and sends immediate notifications detailing transaction amounts and any savings. It operates without hidden fees and provides a user-friendly app for managing the account.
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 thereafter. ATM withdrawals are fee-free up to £200 per month, with a 2% fee after that. A one-time card delivery fee of £4.95 applies.
- £39.95/year Pro: This plan offers unlimited fee-free card spending and up to £500 in fee-free ATM withdrawals per month.
- £150/year Elite: This plan includes all Pro features with an increased fee-free ATM withdrawal limit of £750 per month.
Reviews
User feedback often mentions the card's ease of use, transaction notifications, and exchange rates. Some customers have reported issues with card acceptance in certain locations and have raised concerns about the responsiveness of customer support. Check out more Currensea reviews here.
5. Everestcard
Everestcard is a neobank that provides financial management services for businesses. It offers both virtual and physical Mastercard credit cards that can be issued instantly to team members.
The platform allows for online management of cards and expenses through a dashboard, providing real-time control. It includes expense management tools such as automated reporting, digital receipt scanning, and transaction tracking.
Pricing
Here's their pricing at a glance:
- €20/month Monthly Plan: Includes up to three Mastercard credit cards (virtual and physical) and expense management tools.
- €5/month per card Additional Cards: For each card beyond the initial three.
- Free 90-Day Trial: Allows businesses to test the platform's features before subscribing.
Reviews
Available user feedback is limited, but existing reviews raise concerns about the company's reliability, slow customer support, and problems with account access. Check out more Everestcard reviews here.
6. Moss
Moss is a technology-enabled financial management solution designed to help businesses streamline company spending. The platform provides a suite of tools for managing expenses and other financial operations.
It offers both virtual and physical corporate cards with customizable spending limits and automates invoice processing for payments in over 70 currencies. The system also digitizes employee expense claims and integrates with various accounting and ERP systems.
Pricing
Moss uses a modular pricing structure with a base package and optional add-ons for more advanced features. Specific pricing details are not publicly available; businesses must contact the company directly for a personalized quote.
Reviews
User feedback points to some feature limitations, such as a lack of flexibility in approval workflows and reporting filters, and slow customer support response times. Check out more Moss reviews here.
7. Brex
Brex is a financial technology company founded in 2017 that offers a suite of services, including corporate credit cards, expense management, and business accounts, on an integrated platform. The company provides tools for businesses to manage a range of financial operations.
The platform utilizes AI-powered custom rules, provides real-time reporting, and connects with accounting software. It is structured to serve startups, mid-sized companies, and global enterprises with scalable options.
Pricing
Here's their pricing at a glance:
- Free Essentials: This plan includes global card acceptance, AI-powered custom rules, accounting integrations, local currency wires, travel booking, real-time reporting, Brex API access, bill pay, and reimbursements.
- $12/user/month Premium: This tier includes all Essentials features, plus multiple customizable expense policies, dynamic expense review chains, AI-powered compliance audit detection, advanced approvals, multi-entity support, customizable ERP and HRIS integrations, VAT documentation, group travel, advanced travel rules, and live budgets.
- Custom Enterprise: This plan is for global enterprises and includes all Premium features, along with unlimited US or global entities, local card issuance, collections, reimbursements, policies, a named account manager, and customizable implementation services. Pricing is tailored to specific requirements.
Reviews
User feedback on the platform is varied, with some customers reporting challenges with customer service responsiveness and difficulties in resolving complex queries. Others have noted issues with account management and specific platform features. Check out more Brex reviews here.
8. Payhawk
Payhawk is a spend management platform that integrates corporate cards, expense management, accounts payable, and procurement into a single system. This structure is designed to provide visibility and control over company expenditures through real-time tracking and reporting.
The platform offers multi-currency Visa cards, automated receipt collection, and AI-powered data extraction in over 65 languages. It also supports multi-entity management for businesses with multiple subsidiaries and connects with accounting systems like Xero, QuickBooks, and NetSuite.
Pricing
Payhawk does not publicly disclose its pricing structure. Instead, it requires potential customers to schedule a personalized demo to receive pricing information tailored to their specific needs.
Reviews
User feedback indicates varied experiences, with some customers reporting challenges related to the initial setup, user interface consistency, and a need for clearer explanations in administrative settings. Check out more Payhawk reviews here.
9. Wallester
Wallester is a financial technology company that provides corporate expense management solutions using virtual and physical Visa cards. The company's services are structured to help businesses of all sizes manage their financial operations.
The platform includes features for real-time expense control, detailed financial reporting, and accounting software integrations. It also offers instant virtual card issuance, multi-currency support, and advanced API integration capabilities.
Pricing
Wallester provides a free plan that comes with up to 300 virtual cards and unlimited physical cards, with no account or minimum balance fees. For additional virtual cards, the cost is €0.20 per card per month, and premium plans are offered for businesses with larger requirements.
Reviews
User feedback indicates varied experiences, with some customers reporting challenges related to customer support and transaction processing. Others have noted occasional delays with technical assistance and integration. Check out more Wallester reviews here.
10. Vivid Business
Vivid Business is a financial platform that provides services for personal, business, and freelance accounts. It offers German IBANs, virtual and physical cards, interest rates, cashback programs, and investment options.
The platform allows for the management of up to 30 separate accounts, each with a German IBAN, and issues both virtual and physical cards. It also provides access to cashback on spending and offers interest on account balances.
Pricing
Here's their pricing at a glance:
- €0/month Free Start: Includes 12 accounts, 1 team member, and a 4% p.a. interest rate for the first 4 months, which then becomes 0.1% p.a.
- €7/month Basic: Includes 15 accounts, 15 team members, and a 4% p.a. interest rate for the first 4 months, which then becomes 0.5% p.a.
- €19/month Pro: Includes 20 accounts, 30 team members, and a 4% p.a. interest rate for the first 4 months, which then becomes 1.3% p.a.
Reviews
User feedback often addresses the platform's interface and transfer speeds, while some customers report issues with account freezes or funds being held. Check out more Vivid Business reviews here.
Which One Should You Go With?
Choosing the right financial partner is a significant decision, and any of the platforms listed can serve your business well. If you're looking for a modern solution with transparent pricing and dedicated support for digital assets, we believe OneSafe stands out as an excellent alternative. Ready to see the difference? Sign up for OneSafe today.
