Currenxie VS Statrys: Business Accounts Comparison [2025]

Founded in 2019, Statrys is a Hong Kong-based Money Service Operator that offers a variety of solutions for businesses, including multi-currency business accounts, business payment cards, and company creation services to help entrepreneurs and small to medium-sized businesses navigate the complexities of global commerce with ease.

In 2024, Statrys was awarded with the  Hong Kong Business (HKB) Technology Excellence Award in Fintech. This award serves as recognition of Statrys’ commitment  to its customer-centric approach and innovation. 

Since its inception, Statrys has facilitated over 2 billion in transactions and served more than 5,000 companies across 70+ countries.

• Eligible countries: Hong Kong, Singapore, and the BVI.
• Eligible company type: All types of businesses. However, your business must not operate in prohibited industries. 
• Licence: Statrys is licensed as a Money Service Operator license (No. 19-02-02726) in Hong Kong and as a Small Payment Institution (FRM: 911226) with the Financial Conduct Authority in the United Kingdom (FCA).
• Custodian Bank: DBS Hong Kong.

Currenxie is a fintech company that makes international payments easy for businesses of all sizes. Founded in 2014, Currenxie offers a range of payment solutions, including local currency accounts, business expense cards, and foreign exchange services. Its user-friendly platform and business APIs make it simple for companies to manage cross-border transactions.

• Eligible countries: Most countries, except businesses registered in the United States and those under sanctions and high risk.
• Eligible company type: Most types of businesses except those registered in the US and those in prohibited industries.
• Licence: Currenxie Limited is regulated by the relevant authorities in the countries where it operates, including Australia, Canada, Hong Kong, South Africa, the UK, and the US.

The key difference between Statrys and Currenxie lies in the local currency account feature. Currenxie allows businesses to open local accounts in 10 countries, including the US, UK, and Australia, with local bank details. This enables businesses to collect, hold, and transact in local currencies as if they had a domestic bank account, avoiding currency conversion fees and enabling faster local payments. This feature is particularly beneficial for companies with international operations, as it allows them to collect funds like a local business in these regions.

On the other hand, Statrys provides a multi-currency account based in Hong Kong, where businesses can manage major currencies within a single account. However, businesses can only receive local payments within Hong Kong and have to rely on SWIFT payments for international transfers, which often incur higher fees and are slower compared to local payments.

While both platforms offer similar FX services and integrations, Currenxie is better suited for businesses needing local payment solutions across multiple countries, whereas Statrys is ideal for those looking for simplified multi-currency management in specific regions.

*Excluding companies not registered in eligible countries, those with complex shareholding structures, and those with high-risk business profiles.

**Actual cost in HKD will vary from time to time based on the USD/HKD exchange rate.

In terms of fees, Statrys and Currenxie have significant differences in their cost structures. Statrys charges no fees for receiving local payments in Hong Kong and offers low fees for sending them, such as HKD 5 for HKD/CNY transactions, making it a cost-effective option for businesses focused on Hong Kong-based transactions. In contrast, Currenxie charges a flat fee of HKD 23.5 for local payments across multiple countries, providing more consistency for international businesses.

For SWIFT payments, Statrys charges between HKD 60 and HKD 85, while Currenxie applies a fixed fee of HKD 62.7 for both sending and receiving payments. Though the fees are similar, Currenxie offers extra savings through its local currency accounts, allowing businesses to bypass costly international transfers.

Overall, Currenxie's predictable fee structure makes it more advantageous for businesses with global operations, whereas Statrys is better suited for companies focused on local payments within Hong Kong.

Statrys is great for businesses that need multiple cards to manage team expenses, offering the flexibility to issue both physical and virtual cards for several employees. However, having to pre-load funds and the lack of digital wallet support might be inconvenient for some businesses.

On the other hand, Currenxie focuses more on flexibility and rewards. Its unlimited spending capability and 1% cashback on all purchases make it appealing to companies with high transaction volumes. However, it only provides one card per account, which can be limiting for businesses that need cards for multiple team members. Overall, Statrys is better for managing multiple users, while Currenxie provides better perks, particularly for companies with simpler card requirements.

When it comes to customer support, Statrys stands out with personalised service and multiple communication options, including live chat, email, phone, WhatsApp, and WeChat. This makes it easier for customers to get help quickly, especially for businesses that value direct, responsive support.

On the other hand, Currenxie offers more limited support, relying on a help centre and query forms, which may not be as efficient for businesses needing immediate assistance. Additionally, Currenxie doesn’t provide clear information about its support hours, which could cause uncertainty regarding availability.

For a complete picture, we recommend taking a look at Trustpilot reviews to see how clients feel about Statrys and Currenxie’s customer service.