5 Best Alternatives to Revolut Business in December 2024

I believe Revolut Business is a great alternative to Qonto due to its diverse range of features. One of the main advantages of Revolut Business is its ability to handle multiple currencies, which is ideal for businesses operating internationally. It offers real-time exchange rates and interbank rates for international transactions, saving businesses from extra conversion costs.

Another appealing aspect is its advanced expense management feature. It allows you to easily track, approve or reject employee expenses, thus simplifying the entire process. Moreover, Revolut Business integrates with popular accounting software like Xero for seamless financial management.

Lastly, it provides secure virtual cards to ensure safe online transactions, and the ability to freeze and unfreeze cards instantly adds an extra layer of security. These features make Revolut Business a strong competitor in the digital banking sector.

I've found that both Revolut Business and Qonto offer innovative banking solutions for businesses, but they do have some noticeable differences. Revolut Business offers a more global reach with support for 28 currencies, while Qonto supports only four currencies. Revolut also shines with its integration capabilities, linking with popular tools like Slack, Xero, and others. In contrast, Qonto's integration options are fewer.

Qonto, however, stands out with its user-friendly interface and superior customer service. It also offers physical and virtual cards free of charge, while Revolut charges for physical cards. Pricing plans also differ; Revolut Business has flexible plans starting from zero cost per month, whereas Qonto's plans start at €9/month. Ultimately, the choice between the two services depends on the specific needs and priorities of your business.

I find Revolut Business a great alternative to the regular Revolut services, particularly for small and medium-sized enterprises. Unlike the standard Revolut, this service is specifically designed to cater to the unique needs of businesses. It offers features such as multi-currency accounts, which allow businesses to hold, receive and exchange 28 different currencies without any exchange rate markup. This is a significant advantage for companies dealing with international transactions.

Moreover, Revolut Business also provides corporate cards that can be easily managed and controlled online, making expense reporting more efficient. Not to mention, it integrates seamlessly with popular business tools like Slack, Xero and QuickBooks. These features make financial management easier and more streamlined for businesses. Hence, if you're running a business, Revolut Business is an excellent choice to consider.

I have personally found that Revolut Business and Revolut differ mainly in their target users and the services they offer. Revolut is a digital banking app primarily designed for individual users. It provides services like global money transfers, budgeting tools, crypto and stock trading, and more. On the other hand, Revolut Business is specifically tailored for businesses. It offers features like multi-currency corporate cards, expense management, payroll integration, and bulk payments. It also allows for easy access to employee accounts and the ability to set individual permissions for each account. Essentially, while Revolut caters to personal finance needs, Revolut Business is geared towards managing business finances with enhanced control and flexibility.

I believe Revolut Business is a great alternative to Quickbooks because of its unique features. Unlike Quickbooks, which is primarily an accounting software, Revolut Business offers a wide range of services including international money transfers with no hidden fees, multi-currency accounts, prepaid business cards and easy integration with accounting tools. It's a one-stop-shop solution for businesses.

Revolut Business also provides real-time spending notifications and expense management, which helps in tracking and controlling company expenses effectively. Its user-friendly interface makes it easier to manage transactions and payments. Plus, it offers 24/7 customer support to resolve any queries or issues. Thus, for businesses looking for more than just accounting software, Revolut Business proves to be a comprehensive and cost-effective solution.

As a user, I find that Revolut Business and QuickBooks serve different functions for businesses. Revolut Business is a business account provided by the digital banking app, Revolut. It offers features such as international payments in multiple currencies, prepaid business cards, and integration with popular accounting tools. It primarily focuses on managing business finances and transactions.

In a slightly different way, QuickBooks is an accounting software package developed by Intuit. It provides a comprehensive suite of accounting and financial tools for businesses such as payroll management, invoice generation, expense tracking, and tax preparation. It's more focused on the accounting aspect of a business.

In essence, while there might be some overlap in services, Revolut Business is more about banking and transaction handling, whereas QuickBooks is more centered around accounting and financial management.