What is a neobank? These banks were designed with the power of modern technology in mind. They make extensive use of software and apps to provide faster, more nimble banking. So why would a business owner need a neobank?
The top neobanks worldwide offer a variety of financial products, including fee-free checking, savings with interest rates much higher than traditional banks, and multicurrency business accounts.
Let’s take a look at this list of innovative neobanks from around the globe, shall we?
Great for: SMEs around the globe who need a Hong Kong business account
Statrys is a digital payment services platform that provides Hong Kong SME business accounts to companies worldwide. Statrys is one of APAC’s go-to SME business accounts. Statrys offers 24/7 customer support with real people, transparency, affordability, and dependability.
When you sign up for an account with Statrys, you’ll choose a dedicated account manager who is available to answer all your questions and help you navigate the complex world of online business banking in Hong Kong. Statrys also makes it easy to create invoices and register your company in Hong Kong.
Great for: People who want access to modern banking features in China
WeBank was the first private digital-only bank in China. Account holders can get micro-loans and other digital financial services online. The bank boasts 60 million personal and SME customers, making it a large bank in China. Personal loans are available in amounts as small as ¥500 to as large as ¥300,000, and decisions for personal and business loans are made in seconds.
|Services offered||Personal and SME loans, auto loans, wealth management services|
|Other information/features||3.2-star customer rating|
Great for: Entrepreneurs in China without collateral or credit
Part of Singapore’s Ant Financial, MyBank is a Chinese neobank offering personal banking as well as business accounts and financing options for SMEs.
The bank offers financing based on factors other than credit, such as repayment patterns. Research has found that this method may be more effective than just looking at credit scores. MyBank is also working to expand its offerings to more female entrepreneurs.
|Services offered||Online business loans, personal accounts|
|Other information/features||Financing based on factors other than credit scores|
Great for: Customers who want better returns on their savings
Chime is a U.S.-based neobank partnered with The Bancorp Bank and Stride Bank that focuses on providing credit card and debit card services to customers who want better interest rates. Chime’s high-yield savings account offers 0.5% APY, which is much higher than the average APY of 0.04%.
Chime does not offer loans or other financial products, so if you need a full-service financial institution, Chime probably isn’t a good choice for you at this time.
|Services offered||Checking and savings accounts, credit cards, built-in savings accounts, early paycheck direct deposits|
|Other information/features||No overdraft fees, no minimum balances, no monthly fees, early direct deposit, 2.9-star customer rating|
Great for: People who want a higher yield on savings
At Varo, customers can enjoy the benefits of a higher annual percentage yield on their savings and a streamlined app to manage their personal finances. With Varo’s automatic savings tools, leftover change from purchases will be deposited into savings at a rate significantly higher than most savings accounts.
|Services offered||Checking and savings accounts, early paycheck direct deposits, built-in savings with high APY|
|Other information/features||3.3-star customer rating, FDIC-insured|
Great for: People who want to save and invest in crypto
With Current, customers can get checking and savings accounts — plus a high APY for savings and roundup automatic savings. Current also offers cryptocurrency investing with no trading fees for anyone who wants to buy some of the most popular coins available, including Bitcoin, Ethereum, and Tether. On personal checking accounts, customers enjoy no overdraft fees and rewards points that can be used at thousands of retailers.
|Services offered||Checking and savings accounts, early paycheck direct deposits, built-in savings with high APY, cryptocurrency investments, bank accounts for teens|
|Other information/features||4-star customer rating, no overdraft fees, rewards program|
Great for: Any environmentally conscious person
Aspiration is one of the more unique neobanks in the U.S. because it provides its customers with financial services based on the idea of reducing environmental harm. For example, its investments are free of fossil fuel companies and Aspiration will plant a tree for every savings roundup its customers perform. Aspiration also offers a high APY of up to 3% on funds in savings accounts.
For businesses, Aspiration has programs set up to help companies meet their sustainability goals. It selects climate action solutions that are backed by thorough analysis and evaluation.
Great for: People looking to put away extra money without much extra effort
With Acorns, you can put your spare change to use by saving and investing. Acorns’ app is designed to make it easy for you to start building toward your financial goals. It also offers a number of curated portfolios managed by experts to cultivate growth.
If you’re looking for fast and easy ways to start saving money for your kids, Acorn offers an account that is fed with regular deposits from parents and can be used in a number of ways by your child when they grow up.
Great for: People who want the speed and ease of a neobank with the products of a traditional bank
SoFi is one of the U.S. neobanks that offers a wide range of financial products, including personal loans, student loans and student loan refinancing, mortgages, investment accounts, checking and savings, and credit cards. Its 5 million members have access to these products and a robust rewards system through the SoFi app.
With over 55,000 free ATMs around the world and no overdraft fees, SoFi is set up to help nearly anyone manage their money.
|Services offered||Checking and savings accounts, personal loans, mortgages, debit cards, credit cards, and more|
|Fees||No fees for savings and checking|
|Other information/features||4.6-star customer rating, FDIC-insured, SIPC-insured investment accounts|
Great for: People who want a powerful multicurrency account
Revolut started in London but has grown into other markets, including the United States and countries in the European Union. Since it began, it’s gained more than 28 million customers in several dozen countries with more countries joining regularly.
With free and paid accounts for individuals, businesses, and freelancers, Revolut gives global citizens the ability to send and spend money in many different currencies all from one account. Account holders can access their Revolut accounts online or through a powerful app.
Great for: People who need European bank accounts
As one of the fastest-growing U.K. neobanks, Starling Bank’s personal and business accounts are available with no monthly fees. Personal savings accounts are available with fixed APY rates of 3.25%. Joint accounts make it easy for people to manage shared expenses while still maintaining individual accounts with Starling.
Starling’s business and sole trader bank accounts allow for easy management of incoming and outgoing funds for modern business owners and freelancers. Because Starling is a fully regulated bank, your money is protected by the Financial Services Compensation Scheme. Starling Bank also offers business loans.
|Services offered||Personal accounts, business accounts, multicurrency accounts, European bank accounts for U.K. customers, teen and child bank accounts and debit cards, personal and business overdraft protection|
|Fees||No monthly fees|
|Other information/features||4.3-star customer rating, protection from the U.K.’s Financial Services Compensation Scheme (FSCS), 24/7 in-app support|
Great for: People in the U.K. who need an easy-to-use multicurrency account
Monese offers multicurrency (EUR, GBP, RON) accounts for its customers to make sending and receiving money faster and easier. With Monese, you can create up to 10 separate savings accounts — called Pots — to set money aside for different purposes. These accounts are backed by Raisin UK for extra protection. To make tracking your spending easier, you can connect your PayPal and Avios accounts. You can also apply for a personal loan with Monese.
U.K. companies can also open a Monese account. With a business account, you can make local payments with direct debits and send money to more than 30 countries with its built-in transfer system. If you have a personal account with Monese, you can manage both accounts within the same app.
|Services offered||Personal and business checking and savings accounts, multicurrency accounts, joint accounts, personal loans, debit cards|
Free to £14.95 per month for personal accounts
£9.99 per month for business accounts
|Other information/features||4.1-star customer rating, savings protection from the Financial Services Compensation Scheme|
Great for: Business owners who need powerful tools to run their business
Anytime is a neobank based in France that is a subsidiary of Orange Bank. It provides a range of banking services to entrepreneurs, freelancers, and businesses. From French, U.K., and Belgian IBANs to financing, Anytime was built to give businesses the tools they need to manage their funds. In addition to its banking and accounting features, Anytime also provides insurance that helps protect its customers’ businesses.
If you’re just starting your business, the Anytime team can help you determine your options to set you up with the right type of business account for your goals. Its full-featured app allows for expense tracking, budget adjustments, and automated tax provisioning.
|Services offered||Business accounts, accounting features, payment cards, insurance, business creation services|
|Fees||€9.50 to €249 per month|
|Other information/features||4.5-star customer rating|
Great for: People who want to easily manage accounts from multiple banks
With Monzo, customers can combine and manage a number of different bank accounts in one simple app. Monzo’s system allows customers to move money into separate “pots” in order to save and make bill pay easier. In the U.S., Monzo partners with Ohio’s Sutton Bank to provide U.S. customers with FDIC-insured products, while its U.K. accounts are serviced and insured by Monzo with protection from the FSCS.
|Services offered||Personal checking and savings accounts, multiple account management in one app, joint accounts, virtual and physical payment cards|
|Fees||No monthly fees for U.S. accounts
Free to £5 per month for U.K. business accounts
Free to £15 per month for U.K. personal accounts
|Other information/features||4.3-star customer rating, no currency exchange fees, no overdraft fees, FDIC-insured U.S. accounts, FSCS protection in the U.K., 24/7 chat support|
Great for: Customers who want feature-heavy banking without large monthly fees
Lunar is a Denmark-based neobank that is designed around streamlining money management for individuals and businesses. It offers higher savings return rates than other banks, along with digital and physical payment cards, personal lines of credit, travel insurance, and joint accounts.
The business banking account options at Lunar are similar to the personal accounts but are designed to provide options for businesses so customers won’t have to pay for features until they need them. Lunar protects business account holders from negative interest rates and offers easy, automatic payments with direct debit.
|Services offered||Personal and business checking and savings accounts, investment accounts, cryptocurrency investing, personal and business loans, online payments for businesses|
|Fees||Free to 199 SEK per month for personal accounts
249 SEK to 354 SEK per month for business accounts
|Other information/features||4.4-star customer rating, travel benefits, discount program|
Great for: International travelers
With more than 8 million customers in 24 markets worldwide, N26 is a personal and business bank headquartered in Germany that offers its customers a wide range of mobile and modern banking products. From checking accounts to multiple Space accounts (each with its own IBAN) as well as insurance options, N26 customers have access to features and products that make it safer and easier to bank and travel.
|Services offered||Checking and savings accounts, virtual and physical payment cards, foreign currency payments, business accounts, cryptocurrency investment|
|Fees||Free to €16.90 per month|
|Other information/features||3.2-star customer rating, protection with the German Deposit Guarantee Act, multiple IBANs, rewards program, emergency medical coverage|
Great for: People who want to open an account quickly with foreign currency flexibility
Ila is a neobank headquartered in Bahrain and part of Bank ABC. When you open a personal account with Ila, you’ll be able to fund it from another account, with a transfer, or with a check. Then you’ll have an instant digital payment card that you can use around the world. Ila also makes it easy to link bank accounts with different currencies or open foreign currency accounts in its app to further streamline payments.
Ila’s fixed payment savings accounts have interest rates as high as 5.9% depending on the tier you’re in, and you can save in BHD or USD for more growth options.
|Services offered||Personal checking and savings accounts, digital and physical payment cards, credit cards|
|Other information/features||24/7 support, easy charitable donations|
Great for: Merchants and SMEs looking for an easy POS system
For SMEs in the UAE or Saudi Arabia, Hala offers a powerful and easy-to-use payment portal that combines the best features of a digital wallet with a standalone POS system that works in concert with the Hala app. With a Hala account, businesses can take payments and access those funds quickly through their online bank account or through a Hala debit card. More than 50,000 businesses are using the Hala POS system to process $350 million per month.
Great for: Customers who want to use their money around Africa at low prices
Nigeria’s Kuda is a neobank licensed by the Central Bank of Nigeria that offers Africans a faster and easier way to send and receive money. With personal and business virtual bank accounts, customers can do everything from open savings and investment accounts to get help starting a business. Personal account holders can receive interest rates as high as 15% on their savings and utilize roundup savings to maximize what they put away each month.
Kuda business accounts can take advantage of a full-service suite of business tools that include invoicing and business registration. For merchants and retailers, the app becomes a fast, mobile POS system.
|Services offered||Personal and business accounts, investment accounts, POS software, business registration, debit cards, personal loans|
|Fees||10 NGN for every transfer after the first 25 free transfers|
|Other information/features||2.3-star customer rating, deposits insured by NDIC|
More Neobanks To Know
Region: North America
|NeoBank||Website||Head Office Location||Payment Method||Target Market||Personal/Business||Features (As stated on their website)|
|Arrival||www.arivalbank.com||United States||Debit card||Startups, Freelancers, crypto or block-chain related businessess, expats etc. (Rejects from traditional banks)||Business||Accounting software, Account management, Online marketplace/Lending platform, Invoicing and Factoring (All Coming soon)|
|Aslo||www.azlo.com||United States||Debit card||Businesses||Business||Instant transfers, Invoicing, Bill payment system, Envelope budgeting, Accountant access (pro version)|
|Bambu||mybambu.com/us/||United States||Debit card||US & Latin American Residents||Personal||No SSN Required, Free VISA card|
|Bank Mobile||www.bankmobile.com||United States||Debit/Credit card||All. Students (Bank Mobile Students Refi)||Personal||Student Loan refinancing, Chekcing accounts, Personal loans|
|Bella||www.bellaloves.me||United States||Debit card||People who are seeking a more peaceful banking environment||Personal||Random rewards from spending (5-200% cashback when using debit), Themed around love, empathy, kindness.|
|Betterbank (Early Access)||betterbank.app||United States||Debit card||N/A||N/A||N/A|
|Betterment||www.betterment.com||United States||Debit card||All||Personal||Robo-Advisor - Technology management and guidance. Cash reserves feature, investment aid, retirement plan|
|Branch||www.branchapp.com||United States||Debit card||Employees (Issued by employers)||Personal||Earned wage access (Instant Pay)|
|Bridge Money||www.bridgemoney.co||United States||Debit card||All||Personal||Feeless, No credit check required|
|Capway (Waitlist)||www.capway.co||United States||Debit card||N/A||Personal||Save and set money goals, FDIC insured|
|Cheese (Waitlist)||www.earncheese.com||United States||Debit card||N/A||Personal||Zero fee, Cashback debit card, FDIC insured|
|Cogni||getcogni.com||United States||Debit card, Single-use cards||All Individuals||Personal||FDIC Insurance, Single use cards. Feeless 55,000 atms, 256bit encription|
|Copper||www.getcopper.com||United States||Debit card||Teens (and their parents)||Personal||FDIC insured, encription, education on spending/saving|
|Credit Sesame||www.creditsesame.com||United States||Debit card||People who want to manage money and credit||Personal||Early paycheck, Cash rewards for improving credit score, Cashback offers|
|Dave||dave.com||United States||Debit card||All Individuals||Personal||Up to $100 advances without fees, early paycheck, credit building opportunities.|
|Daylight||joindaylight.com||United States||Debit card||LTGBQ+||Personal||Balance analytics, Personalized savings goals, Automated savings|
|Douugh||douugh.com||United States||Debit card||People who want to save/manage money better||Personal||Bill management 'Jar' separate from checking account. Week/Monthly Reports.|
|Empower||empower.me||United States||Debit card||Aimed at Millenials||Personal||Cash advance, expenditure tracking, Invest checking|
|Envel||www.envel.ai||United States||Debit card||AI consumer bank seekers||Personal||Organize money into envelopes, AI tech optimisation. Applepay integration.|
|Extra (Launching Winter 2020)||extra.app||United States||Debit card||Solution to credit card dept||Personal||Earn reward points with debit card, build credit history.|
|Finch Money||finchmoney.com||United States||Debit card||Investors. Only available for iOS users currently. .||Personal||Automatic investments, Investment recommendations. Investing and checking in one.|
|Gobank||www.gobank.com||United States||Debit card||All Individuals||Personal||Free ATM network, Deposit cash nationwide, Pay bills online. Advises on purchases (Within budget?). Set up a budget.|
|Good Money||goodmoney.com||United States||Debit card||Ecofriendly individuals||Personal||Supporting protection of rainforests, animals.|
|Greenlight||www.greenlightcard.com||United States||Debit card||Teens (Their parents), Busy families||Personal||Easily provide your children with funds, automatic allowances, notifications for parents|
|Greenwood||bankgreenwood.com||United States||Debit card||Black and Latinx, Small business.||Personal/Business||FDIC insured, Donation to charity via roudups, $10,000 every month to black/latinx small businesses.|
|Happy Money||happymoney.com||United States||Debit card||Solution to credit card dept||Personal||Sustainable partnership, installment loans to hep against credit card debt, Scoring and risk assesment.|
|HMBradley||www.hmbradley.com||United States||Debit/Credit card||Big savers||Personal||Earn up to 3% APY depending on your saving, see spending habits, better saving = better intrest rates.|
|Ivella||www.ivella.co||United States||Debit card||Couples||Personal||FDIC Insured, Financial management for couples (Ratio, Saving, Spending, Joint balance in seperate accounts)|
|Koho||www.koho.ca||Canada||Debit card||All Individuals||Personal||Early payroll, 1.2% intrest on balance, cashback on all purchases, automate savings (Roundups & Goals), variety of debit card types (Joint, Metal, Premium)|
|Letter||letter.co||United States||Debit card||High Net Worth individuals||Personal||Customizable debit cards, auto donate to charity (partnership), investment opportunities, NFC within card.|
|Level||levelbank.com||United States||Debit card||All Individuals||Personal||1.5% cashback on purchases, free cash advance ($500 no intrest), scheduled transfers, instant lock card through app, early packcheck, no overdraft fees.|
|Linus||www.getlinus.io||United States||Debit card||Cyptocurrency users||Personal||Up to 4.5% APY, no charge for withdrawals, uses digital assets called stablecoins.|
|Long Game||www.longgame.co||United States||Debit card||Casual, Consumer friendly, Mini-game like (Gamified)||Personal||Personalised interface, Rewards based savings.|
|Lucky Card||getluckycard.com||United States||Debit card||Casual Individuals (Website is not extensive)||Personal||Chance to win $5-$1000 when using the debit card. Specific rules are stated here: https://www.notion.so/Official-Rules-840893dd337742dda7aa0c6936998010|
|M1 Finance||www.m1finance.com||United States||Debit card||Investors||Personal||Automate finances, intelligent financial tools, smart money management. FDIC insured.|
|Mercury||mercury.com||United States||Debit card||Tech companies||Business||API access, Team management, automate cash management, company analytics, no service charges.|
|Majority||www.majority.com/en||United States||Debit card||Migrants||No transfer fees, FDIC insured, Free international calls (24 countries)|
|Marygold & Co.||marygoldandco.com||United States||Debit card||United States residents||Personal||FDIC Insured, Earn Intrest though savings account, Early paycheck with direct deposit|
|Meed Banking Club||meedbankingclub.com||United States||Debit card||N/A||N/A||Becoming Tend (https://tend.money/)|
|MoneyLion||www.moneylion.com||United States||Debit card||N/A||N/A||N/A|
|Monzo||monzo.com/usa||UK||Debit card||All, teens to adults||Personal||FDIC Insured, Can allocate money into 'pots' seperate from main balance to manage spending. Can freeze card from app.|
|N26||n26.com/en-us||Germany||Debit card||All Individuals||Personal||Debit card perks (partner discounts, cashback on subsciptions)|
|North Loop||www.nolobank.com||United States||Debit card||All individuals and businesses||Personal/Business||$50 on first deposit of $1000, Checking accounts, NRE/NRO accounts, Instant global remittances, loans guaranteed, retirement planning, advisory.|
|Novo||banknovo.com||United States||Debit card||Small business owners, entrepreneurs, and freelancers.||Business||Free transfers, mailed checks, and incoming wires, Can connect to pther services (stripe, slack, shopify etc.) Debit card accepted worldwide.|
|Neo Fiancial||www.neofinancial.com||Canada||Credit card||Canadians||Personal||Cash rewards when using the credit card. Savings at 1.55% intrest. Set spending limits and freeze card from the app.|
|One Finance||www.onefinance.com||United States||Debit card||Individuals focused on better financial management||Personal||Early paycheck, manage finance and build savings. 3% APY with card Auto-save, FDIC insured.|
|onJuno||onjuno.com||United States||Debit card||Everyone||Personal||Checking account (2.15% savings on deposits) 5% cashback on 5 brands of your choice.|
|Oxygen||oxygen.us||United States||Debit card||Entrepreneurs, Free thinkers (personal), Pioneers (business)||Personal/Business||Early Paycheck, cashback, no monthly fees, easy deposits, flag expenses, app controls and alerts.|
|Passbook by Remitly||www.passbook.app||United States||Debit card||Multinationals||Personal||Cashback on international transfers, customisable flag on debit card, no foreign transaction fees|
|Pinch||pinchbank.com||United States||Debit card||Creators, Gamers, Streamers||Personal||If creator's fans use pinch the creator with start earning revenue from their card swipes. The fans will also recieve points if they have a Sub account.|
|Point||point.app||United States||Debit card||All Individuals||Personal||Protection against credit card debts. Offers rewards (bonus cashback on netflix, spotify and more). Integrated insurance (phone, purchase, trip, car rental). Various bonuses with membership.|
|Purple||www.bankpurple.com||United States||Debit card||People with special needs||Personal||Track spending freeze card from the app. Every swipe will contribute to the Special olympics. Recieve SSI and SSDI.|
|Qapital||www.qapital.com||United States||Debit card||Budding investors, individuals who want to improve their savings||Personal||Integrated goals and rules with smart saving, pre-built portfolios for investors, divide up significat deposits with 'payday divvy'. Money mission challenges.|
|Qube Money||qubemoney.io||United States||Debit card||Families with children (Joint and child account)||Personal||Real-time financial awareness, Joint banking, cash envelopes, child bank account.|
|Revolut US||www.revolut.com/en-US||UK||Debit card||Individuals and Businesses||Personal/Business||Multicurrency account, Real exchange rate, early paycheck through direct deposits. Anti-fraud system, spending analytics, savings and personal vaults, daily discounts and cashback.|
|Robinhood||robinhood.com||United States||Debit card||Investing for Everyone||Personal||Commions free investing, built to make investing more intuative, affordable and fun regardless of experience.|
|Sable||sablecard.com||United States||Debit card||Everyone (Global bank account), Targeted slightly at U.S citizens||Personal||FDIC Insured, No social security number needed, can build up your U.S credit rating, free international transfers|
|Save||www.joinsave.com||United States||Debit card||Investors||Personal||100% insured initial deposit, Average returns of 3.12% for the debit invest card into diversed potfolios.|
|Simple||www.simple.com||United States||Debit card||Individuals looking for a simple neobank||Personal||Automatically manages expenses and goals, spend with certainty by using the budgeting tool. Set up reoccuring expenses in the app.|
|Stash||www.stashinvest.com||United States||Debit card||Individual interested in investing, planning their future||Personal||Investment centered, fractional shares, stock back card (get stock when using the card), 3 Investment plans, retirement/fammily planning.|
|Stack||www.getstack.ca||Canada||Debit card||Targeted at travelers||Personal||Instant cash-back at over 140 retailers, no foreign exchange fees, no atm withdrawal fees. Track spending with financial IQ feature. Auto savings, split bill/tab instantly within app.|
|Step||step.com||United States||Debit card||Teens||Personal||No fees or intrest, FDIC Insured, track and manage using the application, send and recieve money instantly.|
|Stilt||www.stilt.com||United States||Debit card||Immigrants and the underserved (loans)||Personal||No SSN Required, No cosigner required. Low intrest rates and no repayment fees. Centered around giving loans.|
|Tangerine||www.tangerine.ca/en||Canada||Debit/Credit card||Canadian Residents||Personal||Real time monitoring of transactions, Investment and borrowing tools, cash-back credit card.|
|Transferwise||transferwise.com/us||United States||Debit card||Everyone (Globally), also has business account option||Personal/Business||They use the real exchange rates, global support. Easy and effortless to use, multi-currency accounts. Free registration.|
|Unifimoney||www.unifi.money||United States||Debit/Credit card||High Net Worth individuals||Personal||High-yield checking account, investment application. Effortlessly maximise returns on assets. FDIC insured up to $750,000.|
|Wealthfront||www.wealthfront.com||United States||Debit card||Robo-Advisor seekers. People looking for an automated technology driven banking service.||Personal||Use technology to optimize finances across spending, savings and investments. Automate investments. Borrow quickly and easily at low rates.|
|Yotta Savings||www.withyotta.com||United States||App||All individuals looking for chance to win cash, prize oriented.||Personal||Chance to win $10million every week (users have won over $500,000 already) by depositing .100% free.|
|Zeta||www.askzeta.com||United States||Joint debit card||Couples (Joint account)||Personal||Simple funding and management via joint accounts. Reminders for reccuring bills. Mobile check deposit, digital checks. FDIC insured $500,000.|
|Zero||zero.app||United States||Credit card||Individuals seeking a debit-style experience from a cash back credit card.||Personal||Debit-style experience with cash back credit card. Amount of cashback depends on which card you have (1-3%). Zero fees that banks usually charge.|
|Zoro Card||zorocard.com||United States||Debit card||Individuals wanting to build their credit with a debit card||Personal||Build credit with a debit card when making purchases and paying bills. Start building a financial future.|
Region: Africa and Middle East
|Bettr||www.bettr.app||South Africa||Debit card||Teens/Youth||Personal||Can sign up via whats app. Zero monthly fees. Monitor spendings and grow savings.|
|Dopay||www.dopay.com||Egypt||Debit card||Businesses Owners, employers.||Business||Pay employees/contractors electronically. Simple, secure and fast. Issue visa cards to employees/contractors. Lowers risk and save time for companies.Helps to manage businesses.|
|Meem||sa.meem.com||Saudi Arabia||Debit/Credit card||Saudi Arabia and Bahrain residents||Personal||3 accounts in 1 (Multi currency, Savings and Current). Debit and credit card offered. Personal finance features.Smart budgeting and savings tools. Control over bills and payments. Automatic sweep for compliant returns.|
|Pepper||www.pepper.co.il||Israel||Debit card||16-18 year olds (Youth account) and all israeli individuals for regular account. Website and app is in Hebrew.||Personal||Accounts offered for adults and teens.International credit card.Benefits and discounts from using and purchasing the pepper card.|
|Xpence||www.xpence.co||Dubai||Debit card||Freelancers, entrepreneurs, founders, startups, SMEs||Personal||Auto bookkeeping (categorizes transactions). Ability to attach invoice or reciepts to transactions. Visa debit cards can be issued to you and employees. Create invoices through the app. Instant and free transfers between xpence users.|
|220 Bank||www.220bank.com||United Kingdom||Debit card||Entrepreneurs, influencers, innovators and investors||Personal||Metal debit card. Sense of sophistication and exclusivity from website.|
|Alpain||www.alpian.com||Switzerland||Debit card||Individuals who want to build their wealth||Personal||Personal wealth management offering, and tailored investment products|
|Aoin||www.aion.be||Belgium||Debit card||European businesses/individuals||Personal/Business||Borrow with low intrest loans. 100% digital and transparent. Earn on high intrest savings accounts. No hidden fees. Easy, automated investing and money savings tools.|
|Atom Bank||www.atombank.co.uk||United Kingdom||Debit card||Individuals looking for mortgage services.||Personal||Fixed term savings of 0.60% AER. Fast, straightforward mortgages.Business loans.|
|Bitwala||www.bitwala.com||Germany||Debit card||Customers into crypto trading||Personal||Fee-free (no maintenance, monthly fees or minumum balance). Free debit card. Crypto currency trading and banking in one app.|
|Bnext||bnext.es||Spain||Debit card||Spanish residents and speakers||Personal||No commissions. Request money from friends.Rewards program. Control expenses and manage money 100% online.|
|BuddyBank||www.buddybank.com||Italy||Debit card||Italian speakers living in the SEPA zone.||Personal||Free transfers in the SEPA zone. 24/7 service banking services.Pay for utility services.Request/charge TELEPASS.Pay with apple and google pay.|
|Bunq||www.bunq.com||Netherlands||Debit card||All individuals (Europe). Also option for business accounts.||Personal/Business||3 accounts options (easyMoney, easyGreen and easyTravel). Pay with google and apple pay. Request refund for failed card payments. Batch payments option. Instant payments. No extra fx charge. Travel assistant and bunq deals.|
|Coconut||getcoconut.com||United Kingdom||Debit card||Freelancers, Self employees, SMEs||Business||Connect existing bank accounts. Categorises business expenses. Create and send invoices. Sort taxes through the app.Helps to work with your accountant.|
|Countingup||countingup.com||United Kingdom||Debit card||Small businesses||Business||Automates accounting (bookkeeping and invoice matching), saves time to focus on building businesses.Seamless contact with accountant. Invoicing on the go. Business freindly pricing.|
|CSX by Credit Suisse||csx.credit-suisse.com||Switzerland||Debit card||All individuals||Personal||Uncomplicated and transparent, quick and safe. Real people client service.Account and card starting for free. No transaction fees worldwide. 20% off streaming packages.|
|Curve||www.curve.com||United Kingdom||Debit card||All individuals||Personal||Can connect all your credit and debit cards to modernise your banking. Works with apple, google and samsung pay.Great exchange rate when travelling and cashback from favorite brands.|
|Dozens||www.dozens.com||United Kingdom||Debit card||All individuals||Personal||Free UK current account, debit card and delivery. No fees when using and withdrawing abroad. Direct debits.Automatic savings and budgeting tools.|
|EasyEuro||www.easyeuro.eu||France||Debit card||European and Asian business communities.||Personal||Multi-currency account, access to great exchange rates. Trasfer funds through local settlement networks. Bulk payment option. Issuing debit card and IBAN.Integrations with WeChat pay and AliPay.|
|Fidor Bank||https://www.fidor.de/en/||Germany||Debit card||Busineses or Individuals based in Germany||Personal/Business||Direct link with bitcoin.de. Fidor installment loans. Deposit and withdraw at 12,000 stores germany wide.|
|Fire||www.fire.com/||Ireland||Debit card||Employers/Business owners||Business||Automate payment processes. Faster, more cost effective and secure payments.API services. Dual currency account (EUR and GBP).|
|Gimi||www.gimitheapp.com||Sweden||Debit card||Teens and children.||Personal||Track all activity within app.Subsccription based service. Schedule pocket money. Helps families manage their childrens allowance.|
|Go Henry||www.gohenry.com||United Kingdom||Debit card||Teens and children.||Personal||Teach healthly spending habits. Pay pocket money. Helps kids learn money skills and introduces them to spending and saving real money.|
|Hello bank!||www.hellobank.fr||France||Debit card||French citizens||Personal||Payments are free of charge abroad (your withdrawals also with the Hello Prime offer). Project funding. Financial investment and insurance services.|
|Holvi||www.holvi.com||Finland||Debit card||Self employees, freelancers.||Personal||Invoices, expenses and tax preparations – all in one account. Create, send, track and store reports with professional invoices. Automate everyday bookkeeping tasks.|
|Hype||www.hype.it||Italy||Debit card||Individual living in Eurozone. Bitcoin traders.||Personal||Cashback up to 10% on online purchases. Free transfers. Free withdrawas and payments in euros. Can buy, trade and sell bitcoin|
|ImaginBank||www.imagin.com||Spain||Debit card||Spanish citizens. 'ImaginTeens' account also an option for teens under 18.||Personal||No fees or paperwork. Savings, investing and finance all in one from the app.|
|Indo||indo.is||Iceland||Debit card||All Individuals. Aim for simplicity, safety and transparency.||Personal||No annual fees or minimum deposit. Travel partner (cheaper payments abroad). 100% safe deposits (Central Bank of Iceland). Simple not complex. Only fees are for transfers.|
|Kard||www.kard.eu||France||Debit card||Teens, Parents, families (French)||Personal||Protected funds up to 100,000EUR. No overdraft possible. Teaches children to be independant and manage their own money. Dedicated parent interface. Schedule pocket money distribution.|
|Knab||www.knab.nl||Netherlands||Debit card||Freelancers, Self employees in the Netherlands||Personal/Business||Private and business account options. 1,000 free transactions annually. 50EUR gift for switching from traditional bank. Link with accounting programs. Helps with business insurance.|
|Kontist||kontist.com||Germany||Debit card||Freelancers, Self employees in Germany||Personal||Automated real-time bookkeeping. Seamlessly integrated tax service. Recieve 9EUR per month, automated liquidity analysis, separates business from personal finances. Real time tax forecasting. Accounting synchronisation.|
|Lintel||www.lintelbank.com||United Kingdom||Debit card||International students and professionals. (Living, woking or studying in the UK)||Personal||Prebook application so when you arrive in the UK the account is approved and ready to use. Multi-currency current account and debit card.|
|Manager.one||www.manager.one||France||Debit card||Professionals, entreprenuers||Personal||Fully transparent pricing with no hidden fees (one fee 29.99EUR subsciption fee). No transfer fees. Free of charge capital deposit certificate. Unlimited customizable corporate cards. Pay employees in minutes. A streamlined, ergonomic interface.|
|mBank||www.mbank.pl||Poland||Debit card||Individuals and Businesses based in Poland||Personal/Business||Earn up to 160PLN for opening an account. Several account options (personal, savings, foreign currency, selfie, company accounts).|
|Muniy||muniy.com||United Kingdom||Debit card||Personal for everyone and Business for big and small businesses||Personal/Business||Daily discounts and cashback. Manage finaces, get instant notifications. Can set auto reminders for bills or over budget expenses. Rounds up purchases for passive income.|
|Neon-free||www.neon-free.ch||Switzerland||Debit card||All individuals||Personal||Zero fees when using card worldwide, no exchange rate spread. No base fees.Two factor authentification and deposit insurance.|
|Nest Bank||nestbank.pl||Poland||Debit card||Polish citizens||Personal||Free withdrawals from Euronet ATMs in Poland. Free account maintenence and debit card issuing. Pay and withdraw for free with BLIK.|
|Nickel||nickel.eu||France||Debit card||Tabacco users in France||Personal||Patnered with Tabaccosts in France. No hidden costs, no overdraft. Real time information and simple tools to manage money.|
|Nimbl||www.nimbl.com||United Kingdom||Debit card||Teens||Personal||N/A|
|OakNorth||www.oaknorth.co.uk||United Kingdom||Debit card||Individuals focused on earning intrest||Personal||Competetive rates (Fixed term savings, notice accounts and easy access accounts). Main focus is on the intrest rate and services.|
|Orange Bank||www.orangebank.fr||France||Debit card||French citizens||Personal||Full control of card block/unblock from app. Change code at anytime for card. Real time notifications and updates.Pay using apple and google pay. 3 bank account options (Standard, Premium, Premium pack)|
|Osper||osper.com||United Kingdom||Debit card||Teens/ Children||Personal||Turns pocket money into life lessons. Name embossed on prepaid debit card. Parents track spending and saving, allowance and lockign cards from app. Set up savings goals.|
|P.F.C.||getpfc.com||Sweden||Debit card||All individuals||Personal||Makes money management simple and easy. Part payments, savings goals. Share, split and settle-up expenses. Beatiful visualisation and graphics to show spending habits.|
|Penta||getpenta.com||Germany||Debit card||German businesses||Business||Visa debit cards for all employees. Up to 100,000EUR deposit insurance.Easy expense management with preparatory accounting. DATEV interface for tax accountant.|
|Pixpay||www.pixpay.fr||France||Debit card||Teens/Parents||Personal||2 apps for the parent and the child. Learn how to manage budgets and spending. Instant transfers. Automatic distibution of pocket money. Allows payment with apple and google pay. Customizable security settings.|
|Pockit||www.pockit.com||United Kingdom||Debit card||All individuals||Personal||Earn up too 20GPB a month in cashback when you shop. Save up to 14GBP when paying bills. Build up your credit score.Pay people with ease in the UK and abroad.|
|Prismea||www.prismea.fr||France||Debit card||Professionals, entreprenuers, freelancers, Start-ups (French)||Business||3 different account packages for each business size (Freelance, Start up, Entrepreneur). Expert customer service. Instant payments and credits. Real time cash flow, alaysis and alerts.|
|Qapital||www.qapital.com||Sweden||Debit card||All Individuals with emphasis on savings/money management||Personal||Goals and rules to encourage saving. Pre-built portfolios for budding investors. Spend with google and apple pay. Payday divvy to cover commitments. Money missions and fun challanges.|
|Qonto||qonto.com||France||Debit card||Independant, SMEs, Entrepreneurs||Business||Simplifies accounting. No more expese reports. Automate finance management. Funds are secured and covered by the Deposit and Resolution Guarantee Fund. Qonto card can be added to apple wallet.|
|Rocket Bank||rocketbank.ru||Russia||Debit card||Russian self employed citizens||Personal||Automated tax payment. 3% cashback with rocketbank card. No commisions for payments (Only russian banks)|
|Rooster Money||roostermoney.com||United Kingdom||Debit card||Teens/ Children (3+)||Personal||Keep track of allowance and spending, no deposits required. Chores and intrest rates with Rooster plus. Easy for parents, fun for kids and helps build good spending/saving habits.|
|Shine||www.shine.fr||France||Debit card||Entrepreneurs, freelancers, small businesses. Based in France.||Personal/Business||Money insured by FDGR (100,000EUR). Unlimited history access. Multiple payment methods (SEPA bank cards, transfers, direct debits). Mastercard accepted everywhere and is 100% configurable.|
|Soldo||www.soldo.com||Italy||Debit card||Small to Large businesses, Accountants||Personal||Spending management platform built for businesses. Live insights, control over team spending budgets. Automated accounting. Two plan options for both business sizes.|
|Tandem||www.tandem.co.uk||United Kingdom||Debit card||Individuals who want a savings partner||Personal||Autosavings. Earn 0.5% AER and protected by the FSCS up to £85,000. Fixed savers guaranteed intrest rates.|
|Tide Bank||www.tide.co||United Kingdom||Debit card||Entrepreneurs, freelancers, small businesses. Based in the UK||Business||Spend less time doing admin by allowing team to make purchases themselves. No opening account fee. DIfferent account plans for each business size. Auto categorisation, expense management and syncability with accounting software.|
|Tinkoff Bank||www.tinkoff.ru||Russia||Debit card||SMEs In Russia||Personal/Business||Credits cards and cash loans offered. Products listed: Debit, current accounts and deposits, services for SME's, Investment, insurance and travel applications.|
|Tomorrow||www.tomorrow.one||Germany||Debit card||Ecofreindly individuals. Eco-warriors.||Personal||Protects the rainforest and fund sustainable projects with every euro spent. Supports positive change. Shop worldwide with 0 additional charges. Apple pay integration.|
|Transferwise||transferwise.com||United Kingdom||Debit card||All individuals/businesses||Personal/Business||Multicurrency account (55 currencies).Spend with apple/google pay. Card works woldwide. UK account number, Euro IBAN, US routing number all in one account.|
|Vivid||vivid.money||Germany||Debit card||All individuals||Personal||Free metal card and checking account. Pay and send money instantly. Save money on fees while travelling. Manage money with budgeting/tracking. Set limits for certain categories. Pay with apple/google pay. Control subsciptions through the app.|
|Xaalys||www.xaalys.com||France||Debit card||Teens (12-17) and their parents||Personal||Build good spending habits for your child, helps aquire financial and budgetary skills needed for the future. Block purchases in certain categories. Over 30 parental control features.Instantly transfer funds, no additional cost in the Euro zone. Automate pocket money deposits. Educating games, project pools, savings modules.|
|Yapeal||yapeal.ch||Switzerland||Debit card||All individuals||Personal||Spend with google/samsung/apple pay. Y3A precaution. Fully integrated e-bills. SAve money on eCom shopping and payments/ATMs aboad.|
|ZAK Banque Cler||www.cler.ch||Switzerland||Debit card||Swiss citizens, Teens (U18 account)||Personal||Full control over finances. Account, cards, budget overview, savings pots, transfers, standing orders, mobile payment all in one app. Cheapest account in Switzerland. U18 account for teens.|
As you can see from this list of top neobanks, choosing the best neobank or alternative banking solution for you can take some time. Evaluate your personal or business needs and weigh them against the features offered by these banks before you make your decision. If you want to open a business bank account or register your business in Hong Kong, Statrys can help.
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