Their Pitch
Go beyond business as usual.
Our Take
It's a business bank account that lives in an app. Handles payments in 35 currencies without the paperwork headaches of traditional banks.
Deep Dive & Reality Check
Used For
- +**Individual wire transfers to overseas vendors taking hours each week** → Bulk upload 1,000 payments via CSV and handle them all at once
- +**Team spending on random business cards with zero visibility** → Issue virtual cards with spending limits, track everything automatically
- +**Getting crushed by currency conversion fees on international payments** → Hold USD, EUR, GBP accounts instantly, exchange at real rates
- +Bulk payments handle multi-currency payroll - pay your London designer in GBP and your developer in USD simultaneously
- +Auto-sync with Xero and QuickBooks - expenses categorize themselves instead of weekend reconciliation sessions
Best For
- >Your team is scattered across countries and traditional wire transfers are killing your budget
- >You're tired of waiting 3-5 days to open accounts in different currencies
- >Manual expense tracking is eating hours of your finance person's life
Not For
- -Domestic-only businesses with under 5 employees — you'll pay more in fees than you save in convenience
- -Companies that need physical bank branches or want to earn interest on idle cash
- -High-volume operations doing thousands of transactions monthly — the fee overages will shock you
Pairs With
- *Xero (syncs expenses automatically so you stop doing weekend reconciliation sessions)
- *QuickBooks (imports transactions and categorizes them without manual CSV exports)
- *Slack (sends spending alerts when team members hit card limits)
- *Zapier (triggers workflows when payments complete or expenses need approval)
- *NetSuite (for larger operations that need the expense data flowing into ERP systems)
The Catch
- !Transaction fees beyond your monthly allowance add up fast — that £90/month plan becomes £200+ when you hit scale
- !It's app-only, so if you need to walk into a branch and talk to a human, you're out of luck
- !Setup requires video selfies and business documentation that can delay non-UK businesses for days
Bottom Line
The only business bank account that doesn't make you call someone to send money to Europe.