The Best Online Business Banks in 2024: Review and Comparison

In an ever-changing financial landscape, choosing the best online bank for your business is crucial to your professional growth and success. And in 2024, there are so many options, each offering its own tools and advantages.

In this comparison of France’s best business banks and accounts, we explore the most promising solutions on the market, highlighting the distinctive strengths and services of the various neobanks. Our favorites? Revolut Business, BoursoBank, Qonto, Finom, Bunq Business and American Express Business, each offering unique features to meet the varied needs of today’s micro-entrepreneurs and businesses.

Revolut Business is a neobank offering an innovative banking solution for professionals and self-employed entrepreneurs. Featuring multi-currency accounts and an intuitive application, this platform simplifies financial management for companies operating in the European Economic Area or Switzerland.

In our Review, one of the biggest advantages of Revolut Business accounts is that they allow you to combine different currencies. They allow you to receive, hold and exchange funds in over 25 currencies worldwide, with no hidden fees, and to create as many sub-accounts in each currency as you need to manage your business.

Depending on the package chosen, business account holders – whether corporate or freelance – can also send and receive international payments in several currencies free of charge, and are entitled to free foreign exchange transactions.

Revolut Business accounts have no limit on the number of users. You can invite as many colleagues as you like.

Revolut Business accounts are linked to a European IBAN, making it easy to carry out transactions in Europe and abroad. You can automate your tax and contribution payments to European public institutions.

Each owner can define the financial management rules that best suit his or her business, with important billing tools. This includes the ability to set daily, weekly, category or national expense limits, as well as linking staff costs to the overall budget.

Receipts and expense reports can be automatically categorized and linked to card transactions as soon as they are entered into the application.

If you have all the necessary information, opening a business account with Revolut Business is done completely online and takes less than 10 minutes.

The Qonto online bank is one of France’s leading business banks. It offers up to 24 sub-accounts and a variety of physical and virtual cards, an extensive range of insurance benefits for X Métal cardholders, and a host of advanced accounting tools. Here too, rapid online opening in under 15 minutes makes for a smooth user experience, far more pleasant than with a traditional bank.

Qonto ‘s professional accounts are linked to a French IBAN, facilitating transactions in Europe and abroad. You can automate your tax and contribution payments to European public institutions.

Qonto offers up to 24 sub-accounts and a range of physical and virtual cards to help you manage your business expenses efficiently. Each sub-account has its own IBAN, offering greater flexibility for payment transactions.

Need more physical cards? Qonto gives you the option of buying more, for an additional fee of five euros per month per card. Each additional virtual card costs an extra two euros per month.

Depending on the card chosen, Qonto ‘s business accounts offer a number of insurances that travellers in particular will appreciate. In our Review, the insurance offered by Qonto ‘s X Metal card is among the best on the market.

Depending on the type of account you choose, Qonto offers cheque cashing included or for an additional fee, making it easy to manage cheque payments. A maximum of 30,000 euros in cheques can be deposited per month.

Holders of the higher packages – Smart, Premium, Business and Enterprise professional accounts – have access to a range of tools designed to facilitate accounting management. Depending on the package you select, you can attach payment receipts to the corresponding transactions, manage invoices and expense reports, and automate VAT calculations – all in the blink of an eye.

Opening a business account with Qonto Online Banking is entirely online, and can be done in less than 15 minutes if you have all the necessary information with you.

Finom may be one of the youngest players in the French financial sector, but it is nonetheless one of France’s top business banks. It offers a free account with no transaction fees, ideal for micro-entrepreneurs.

Finom ‘s professional accounts are linked to a French IBAN, facilitating transactions in Europe and abroad. You can automate your tax and contribution payments to European public institutions. The IBAN is obtained within just 72 hours of opening an account.

Finom offers all its cardholders a Mastercard as well as a virtual card, which can be connected to your smartphone via Apple Pay and Google Pay. Limits are customizable to give you greater control over spending, and cards can be frozen or blocked in the blink of an eye via your smartphone or computer.

Depending on the subscription chosen, you can make between 5 and 20 monthly withdrawals.

Finom offers an important advantage that neither Qonto nor Revolut Business do: cashback. The Dutch start-up rewards its customers with cashback on most of their transactions when they use Finom physical and virtual cards.

Depending on the type of subscription, cashback ranges from 15 to 100 euros per month. Beyond this amount, cashback will not be accumulated. On the other hand, there are a few transactions for which you won’t be rewarded, such as withdrawals and transfers between accounts.

The Solo offer does not allow you to customize invoice templates, but Start, Premium and Corporate accounts do. They also enable the integration of accounting software, an expense management solution, document storage in the cloud, and the recording and uploading of receipts.

Finom also offers comprehensive transaction logs with history, real-time customizable notifications, and search engines with filters and sorting. In our opinion, this is one of Finom‘s most attractive business options.

Opening a business account with Finom is entirely online and can be done in less than 15 minutes if you have all the necessary information.

BoursoBank, the Société Générale Group’s online bank, offers one of the best professional accounts for businesses and self-employed entrepreneurs: Bourso Pro. It offers a number of useful services, such as overdraft facilities and cheque cashing.

Depending on the type of account chosen, Bourso Pro offers cheque cashing. Cheque remittances are credited to your account within a maximum of three days from receipt of the cheque remittance by BoursoBank, subject to collection.

Depending on the package chosen, business account holders – whether corporate or freelance – can also send and receive international payments in several currencies free of charge, and are entitled to free foreign exchange transactions.

BoursoBank ‘s business savings account is a simple, easy-to-use savings account for professionals, which can be opened and managed 100% online. Its rate of return is 2.50% gross annually on the capital deposit, whatever the duration and amount of your investment, and it has no ceiling.

Bourso Pro also offers free consumer credit by appointment.

For 19 euros plus VAT and a fee of 1.75% per Visa and Mastercard transaction, Bourso Pro can equip you with the M-Pos mobile terminal from Zettle by PayPal. This enables you to collect payments from your customers via a Bluetooth connection with your cell phone, for ultra-fast, contactless payments.

Like all other online banks, BoursoBank simplifies accounting management. Thanks to the free retrieval, filing, and storage of invoices and important documents in a professional safe.

Opening business account with BoursoBank is entirely online, and can be done in less than 10 minutes if you have all the necessary information on hand.

bunq, one of the best business banks in France, offers a banking experience with no account maintenance fees, sub-accounts and a variety of European IBANs. Its savings accounts offer up to 1.56% interest, and its business accounts helps you plant trees. With features such as cashback and automated accounting, bunq simplifies business finances.

The savings accounts offered by bunq earn up to 1.56% interest, paid weekly. Although the sum of these is not very high(Distingo and Cashbee offer more profittable savings), they remain competitive as they offer interest rates of 3.71% for English and American currencies. If you receive salaries in any of these currencies, saving with bunq comes with great incentive.

Similar to Helios retail bankall accounts with bunq allow the environmental impact of spending to be tracked, and offer solutions for offsetting CO2 emissions as customers make purchases, in addition to the option of choosing to finance only environmentally-friendly companies. Easy Green accounts go even further, offering holders the chance to plant a tree for every 100 euros spent.

Thanks to the insurance policy offered by Companjon in collaboration with bunq, metal cardholders who subscribe to the Easy Green offer benefit from purchase protection and an extended warranty on their purchases.

To simplify invoice processing, bunq enables Easy Money and Easy Green account holders to scan their invoices and have the data automatically entered.

bunq also enables Easy Money and Easy Green account holders to automatically calculate VAT and transfer it to a different account, simplifying financial record-keeping.

American Express is one of the top business banks. There are a total of eight American Express Business Cards. Three of these were created in collaboration with Air France and KLM to reward frequent travelers, while two were created in partnership with Amazon to reward people who make frequent purchases on the online platform.

With classic American Express cards, you can earn 1 Membership Rewards point for every €1 spent. With Air France KLM American Express cards, you can earn up to 20 Flying Blue Miles for every 10 euros spent. Finally, with cards created in collaboration with Amazon, it is possible to earn up to 1% Amazon Rewards points for every expense.

The Priority Pass card – worth over 400 euros per year – is included in the American Express Business Platinum card rate. It provides free, unlimited access to over 1,300 airport lounges worldwide.

The American Express Business Platinum card also offers numerous advantages at a wide selection of prestigious hotels, such as preferential rates, complimentary breakfasts, early check-in, late check-out and upgrades.

American Express cards offer optimum management of business expenses. With online management tools, they clearly separate business and personal expenses. The detailed statement is easily accessible, and the spending history is kept for 10 years, free of charge.

They also dispense with the need for expense claims, by equipping your employees with cards in their own name, debited directly from the company account. The American Express Business Platinum card comes with an additional Business Platinum employee card, as well as 98 Business Gold cards. The points collected by your colleagues are added to your own, helping you to accumulate points more quickly.

Today’s financial landscape offers a variety of options for professionals looking for the best business bank. Forget traditional banks such as BNP Paribas and Crédit Agricole. To open a business account, it’s best to turn to an online bank.