Wise vs Statrys: Business Account Comparison [2025]

If you’re here, you’re probably weighing your options between Wise and Statrys for a business account. 

As the founder of Statrys, I’ll be upfront and say I have a stake in this. But that’s exactly why I believe it’s important to give you a transparent, side-by-side comparison that helps you make the right choice for your business.  

Both Wise and Statrys support multi-currency accounts and international payments, but they serve different types of users. Wise is designed for scale, offering global access and flexible payments. Statrys focuses on SMEs incorporated in Hong Kong, Singapore, and the BVI, with a more personal, service-led approach and transparent pricing.

In this guide, I’ll walk you through how both platforms compare across account setup, fees, currency support, and customer service, so you can choose the one that truly fits the way your business works.

Wise casts a wide net globally, which is great if you’re sending funds to niche markets or handling payroll at scale. But with that scale comes a lack of detail. Features like FX tracking or country-specific restrictions aren’t always easy to navigate.

Statrys, on the other hand, doesn’t try to be everything. We offer a tighter list of currencies that offers clarity, better FX tools, and real-time tracking. This is ideal for SMEs making high-volume transfers and wanting predictability over variety.

*Account opening fee may apply for companies not registered in Hong Kong or Singapore, companies with complex shareholding structures, and companies with high-risk business profiles.

When it comes to fees, Statrys is a lot easier to predict with our clear flat rates. For SMEs, this is great when you’re managing cash flow and FX costs, due to the predictable fee schedule across currencies.

In contrast, Wise runs on variable pricing. While this may benefit smaller transfers, costs can ramp up quickly for larger payments or businesses operating in less common corridors. In addition to that, there is a lack of upfront clarity on FX markups, and it becomes harder to forecast your expenses.

If you’re based in Hong Kong or Singapore and want cost certainty, Statrys gives you the edge, including a rate-beating FX program that ensures your business gets competitive value when moving money internationally.

Both Statrys and Wise offer physical and virtual cards designed for global use.

Statrys provides a focused solution. Its HKD-based Mastercard® works worldwide. In addition, Statrys offers more virtual cards per user than Wise, with live tracking and spending analysis. This is an advantage for companies needing granular control over multiple spending channels or employee cards.

Wise serves global users, with a key benefit being no foreign transaction fees, a cost saver for frequent business travellers. Its cashback rewards and compatibility with Google Pay and Apple Pay add modern conveniences. However, costs can vary depending on the country. The main drawback is that Wise card isn’t available in every country that Wise offer account in, and it doesn’t operate in Hong Kong. Before choosing Wise, you need to check if it’s even an option for you. 

Both Statrys and Wise serve similar types of businesses, but Wise’s ability to accept trusts in certain countries is a standout feature, since trusts are complex and few platforms support them. On top of that, Wise offers broader international coverage.

Statrys asks for more documents right from the start, which suits established businesses in Hong Kong, Singapore, and the BVI since all documents are standard for companies there. Wise adjusts its document requirements based on the country and business type, making it more flexible but sometimes slower if additional documents are needed.

They're similar in overall speed, but Statrys usually approves accounts faster, while Wise can take up to 10 extra days in some cases. However, Wise offers more flexibility in how you sign up, with both web and app options, while Statrys is web-only.

Statrys offers more communication options, including WeChat, popular in China and Asia-Pacific, and WhatsApp, widely used in Europe and the Americas. Plus, their clear Hong Kong business hours mean customers know when to get real-time help.

Wise offers personalised support only after signing in, which adds hassle, especially if users can’t access their accounts to begin with. Its lack of clearly specified working hours can also leave customers uncertain about response times.

Both providers offer a dedicated account manager, which is a big plus if you value having a direct point of contact.

While both platforms share a similar Trustpilot score, their challenges differ. Statrys has a barrier for some applicants and has far fewer reviews, suggesting a smaller user base, possibly because it serves a narrower market. Wise, despite broad adoption, shows signs of operational stress, with users citing inconsistent service and occasional delays.

Ultimately, it depends on where your business is based, how you send and receive money, and what level of support you expect.

Here’s a quick summary.

• SMEs incorporated in Hong Kong, Singapore, or the BVI that need a multi-currency account with personalised customer support
• Companies that pay vendors in Asia and receive funds in major global currencies.
• Founders who want fixed fees and transparent currency exchange management.

• Freelancers, remote teams, or small businesses looking for a global platform with wide currency coverage
• Companies needing a business card in multiple currencies 
• Startups that send money frequently in less common currencies