Business Banking: SMEs & Freelancers
Compare Europe's best bank accounts for businesses and read detailed reviews
Banking services for business entities (besides companies, this includes self-employed people, entrepreneurs and freelancers) frequently come in a very complex and intentionally complicated packaging. Confusing terms, various unexpected fees and a lot of fine print - this allows banks to charge customers more while providing less. Luckily, a new era of modern age digital-first banks created with younger generation in mind is at its peak! These banks are as secure and reliable as their "brick-and-mortar" traditional counterparts, thanks to an abundance of regulations, endless audits and certifications imposed by regulatory bodies. On top of this, they bring the convenience of Uber or Netflix to running your family business or separating your personal and business banking as a freelancer with a copywriting gig.
On this page, we present a list of business bank accounts available for companies and self-employed workers at some of the best digital banks in Europe. Each bank in this list was rigorously assessed by our team of finance professionals and fintech experts. Our in-depth reviews will tell you more about various bank plans and their prices, new products and exciting features and more. Additionally, you will find bank account comparison tables using the links below. We also advise you to take a look at our selection of worthwhile financial services that will help you automate the administrative tasks so you can spend more time growing your business.
Curated List: Bank Accounts for Businesses
Dutch online bank that gives you the freedom to bank like a local all over Europe. The bank's mobile apps are packed with exciting and unique features, and the fully fledged banking license bunq has ensures your money are 100% safe at all times.
Tide is a mobile-first business banking fintech that provides a fair range of digital banking solutions to freelancers and SMEs. Tide's offering is custom-fit for business needs of companies from the United Kingdom. FSCS-protected bank account in a simple, yet powerful product.
Soldo is an expense automation platform for businesses, that calls itself "the brighter way to manage spending". Soldo's wildly popular product excels at complementing your bank’s offerings with an array of time-saving features – fit for the way modern businesses operate.
Bank Accounts for Individuals
Read our detailed reviews of personal bank accounts available at some of the world's most popular online banks, compare the plans they offer, explore their pricing and discover all the hidden fees.
Qonto is a French neobank for businesses that is equally suited for freelancers, micro-businesses, SMEs and startups. Diverse in its product portfolio and capable of satisfying business needs of any caliber, Qonto now offers a one-month free trial for new users.
Europe's biggest neobank, Revolut is a pioneer of mobile-first banking. Offering a wide range of financial services and banking products, including (but not limited to!) trading stocks and crypto, Revolut is a safe option regardless of customer's country of residence.
Monese offers excellent currency exchange rates, an easy way to transfer money abroad in over 30 countries along with a great mobile app. Aimed at "digital nomads" from all over the EU, neobank offers customer support in 14 languages.
Holvi offers a fully-digital business banking experience for freelancers. The bank provides everything you need for self-employment: German IBAN, a Mastercard business card, real-time cash flow overview, invoicing features and easy bookkeeping.
Formerly known as TransferWise, Wise is a go-to choice for money transfers abroad and international payments in any currency. With millions of loyal users, and a rich product development roadmap for years to come, Wise is a solid choice for a near-borderless experience.
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Anytime acts as a modernized version of a traditional bank and aims to become a top pick for both professional or personal banking purposes. Great for freelancers who want their funds consolidated, but conveniently divided into business and personal funds.
N26 is The Mobile Bank, extremely secure and operating with a full German banking license. Stylish cards, real-time payments, automatic expense categorization, all in a neat and very convenient mobile app.
One of UK's biggest neobanks, Monzo offers bank both personal and business accounts to UK residents. With Monzo, you can say goodbye to hidden fees and long lines and enjoy managing your money on the go with instant notifications and worldwide card acceptance.
International bank focusing on loans and leasing. Bigbank offers consumer loans, housing & car leasing at attractive rates internationally, as well as corporate loans in the Baltics. Smooth application process, quick decisions and fully-digital services.
Choosing a bank account for business banking is always a challenging task. You might need to balance efficiency you want in the short term with creating a healthy expense management and cash flow monitoring solution for the future. Luckily, a lot of professional banking solutions today offer a wide range of subscriptions (or "bank plans") to choose from, making it easy to "pay as you go".
Is there a bank you think we missed in our comparison? Please let us know and we will make sure to get "hands on" with your suggestion, test it out and let our readers know if it is something we can vouch for. Fintech Compass is not promoting any financial institution over another because of material incentives offered by third parties. We provide facts taken straight from the banks' websites and let the reader decide for themselves.
Interested in boosting your financial knowledge? Make sure to visit our collection of educational, informative and "Best of" articles and ratings today - or select any of the latest articles below. Because in the 21st century, knowledge is key to your financial health.