Neobanks are transforming digital banking for startups, SMEs, and freelancers. Operating entirely online, they offer faster onboarding, lower fees, and tools for managing business accounts, payments, and cash flow – while aligning with evolving financial regulations.
As fintech innovations grow and businesses shift toward online-first finance, neobanks are increasingly central to how companies manage money today.
In this guide, we highlight the top neobanks for business in 2025, explore their standout features, and help you pick the one best suited to your needs in a rapidly changing landscape.
Top 11 business neobanks in 2025
Here are the top 10 neobanks for business in 2025. Each offers a unique set of features to support different business needs — from cross-border payments and smart expense tracking to integrated tax tools and automated invoicing.
| Neobank | Best for | Key features | Pricing | Availability |
|---|---|---|---|---|
| Starling Bank | SMEs & growing businesses | Free business account, integrated accounting, lending options | Free basic, upgrades £7–£21/mo | UK |
| Monzo Business | Startups & small businesses | Smart invoicing, tax pots, multi-user access | Free, Pro £5/mo | UK |
| Payoneer | Freelancers, SMBs with global clients | Cross-border payments, mass payouts, multi-currency accounts | Free to open, fees on transfers (≈1–2%) | Global |
| Bunq | Sustainable SMBs, digital-first firms | Green banking, team accounts, real-time notifications | From €6.99/mo | EU |
| NorthOne | Small businesses & startups | Integrated banking + invoicing, cash flow insights | $10/month + transaction fees | USA |
| Revolut | Companies scaling internationally | Multi-currency accounts, borderless payments, API integrations | Free & paid plans (£25+/month) | Global |
| Mercury | Tech startups, VC-backed firms | FDIC-insured accounts, startup perks, seamless integrations | Free (no monthly fee) | USA |
| Relay | Businesses with multiple accounts | Sub-accounts for cash management, no overdraft fees | Free account, some premium features | USA |
| Brex | High-growth startups | Corporate cards, expense automation, rewards | Free account, revenue-based credit limit | USA |
| Lili Bank | Freelancers & solopreneurs | No hidden fees, tax tools, automatic savings | Free & Pro plan ($9/month) | USA |
| Open | SMEs, startups in Asia | Expense management, corporate cards, integrations with accounting tools | Free basic, premium plans vary | Asia (India) |
1. Starling Bank
Starling Bank is a UK neobank best known for its fee-free business accounts with no monthly charges or domestic payment costs. Its built-in Business Toolkit helps SMEs and freelancers manage invoices, expenses, and tax in one place.
A strong plus is the multi-currency support (GBP, EUR, USD) and full FSCS protection up to £85,000, ensuring both flexibility and security. The downside is that its international features are limited compared to players like Revolut or Payoneer, making it better suited for UK-focused businesses.
2. Monzo Business
Monzo Business is one of the most popular UK neobanks, trusted by over 600,000 businesses. Its standout strength is the seamless integratio with accounting tools like Xero and QuickBooks, making it easier for SMEs and freelancers to stay on top of expenses and taxes. Unlike some competitors, Monzo provides 24/7 i-app support and quick account setup with no hidden fees, which saves time for busy business owners.
A limitation to note is that Monzo is currently UK-only and offers fewer advanced features for larger enterprises compared to players like Revolut or Mercury. Still, for small to mid-sized businesses that want simplicity and reliability, Monzo remains a top choice.
3. Payoneer
Payoneer is a global neobank built for cross-border businesses, offering multi-currency accounts and seamless payment tools across 190+ countries. With support for 70 currencies and 17 languages, it’s widely trusted by millions of freelancers, e-commerce sellers, and SMEs that need to get paid or pay partners worldwide.
Its biggest advantage is the reach and convenience in international transactions, making it ideal for global operations. However, compared to regional players like Starling or Monzo, Payoneer can feel more costly in fees for certain transactions, especially currency conversions.
4. Bunq
Known as “the Bank of The Free”, Bunq stands out for its focus on eco-friendly and flexible business banking. Companies using Bunq can benefit from perks like discounts on Google Workspace and enjoy up to 500 free transactions per year, helping reduce costs while streamlining operations.
It also offers instant payments, 24/7 support, and deposit protection up to €100,000 under the Dutch Deposit Guarantee Scheme (DGS). The trade-off is that Bunq’s services are mostly limited to the EU, making it less suitable for businesses with a global footprint.
5. NorthOne
Built for small businesses and freelancers in North America,, NorthOne focuses on simple, mobile-first banking. Users get fast account setup, a business debit card, and expense management directly from the app, making it especially attractive for startups that want to save time on admin tasks.
Its availability across the U.S. and Canada, along with positive reviews on TrustPilot, highlights its growing reputation. On the downside, NorthOne has fewer advanced features for international payments compared to global players like Payoneer or Revolut, so it best suits businesses operating primarily in North America.
6. Revolut
As one of the most versatile neobanks, Revolut adapts to businesses of every size, from solo founders to global enterprises. It provides multi-currency accounts, payments to more than 150 destinations, and real-time foreign exchange in over 25 currencies, making it a strong choice for companies operating internationally.
More than 20,000 new businesses open accounts with Revolut every month, attracted by its ability to reduce costs and save up to 6% on international spending. However, for smaller startups, its wide range of services can sometimes feel more complex than necessary compared to simpler business banking alternatives.
7. Mercury
Tailored specifically for startups, Mercury combines banking essentials with growth-focused financial tools. Businesses get FDIC-insured accounts, cashback corporate cards, and access to treasury management that can generate higher yields than traditional banks.
Its biggest draw is simplicity – startups can open an account in about 10 minutes without dealing with branch visits or heavy paperwork. However, Mercury is best suited for venture-backed or growth-oriented companies, while smaller businesses may find its advanced tools more than they need.
8. Relay
Relay Relay focuses on giving businesses full visibility and control over their cash flow by combining checking, savings, and payments in one platform. Teams can create multiple accounts, issue debit cards, and connect seamlessly with accounting software like QuickBooks or Xero.
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9. Brex
Brex offers an all-in-one banking platform tailored for startups, combining checking, treasury, and invoicing in one place. Its standout feature is AI-powered automation, helping teams save thousands of hours by streamlining payments and bill management.
On top of that, Brex ensures up to $6M FDIC insurance, no hidden fees, and 24/7 customer support. For fast-growing businesses, it delivers both security and efficiency in managing finances globally.
10. Lili Bank
Lili Bank is built for freelancers and small businesses, offering a business debit card and smart financial tools that simplify daily money management. Its signature feature, Lili Smart, integrates accounting software directly into the platform, helping users handle bookkeeping without extra apps.
All accounts are backed by Sunrise Banks N.A. with deposits insured up to $250,000 through the FDIC, ensuring both safety and reliability. For entrepreneurs who need convenience and cost efficiency, Lili combines banking and accounting in one place.
11. Open
Open is an India-based neobank designed specifically for small businesses and startups, combining banking with expense management, invoicing, and integrated accounting tools. It has quickly grown into one of Asia’s largest SME-focused fintech platforms, trusted by over 3 million businesses.
Accounts are powered by partner banks in India and come with regulated security, insured deposits, and API-driven integrations. For businesses operating in Asia or managing global clients, Open offers a seamless way to centralize finances and scale efficiently.
Great for most, but not for all – when custom neobanks make sense
By now, it’s clear that neobanks are doing a great job helping businesses manage their finances – and for most companies, they tick all the right boxes. They’re quick to set up, easy to use, and often come packed with the essential features businesses need.
But as good as they are, they’re not always a perfect fit for all. There are still many businesses with unique needs that current neobanks don’t fully serve.
For example, if your company serves specific groups such as gig workers, the unbanked populations, ethnic or cultural communities, or senior citizens – all of whom may have unique financial behaviors – then a custom neobank might be a better fit than a standard one.
Or let’s say your business operates in niche industries that need specific local fintech integrations, a custom neobank can be a smarter choice in that case too.
It gives you the freedom to design a financial experience that truly fits your users, your workflows, and your market.
Here’s what a custom solution can offer:
- Hyper-personalized user experience: You can create features, flows, and UI elements based on how your customers really think and behave — not how the average user does.
- Local integrations: Connect to domestic fintech APIs, use local payment methods, or meet region-specific compliance rules — all of which a custom neobank can support more easily.
- Cultural and language flexibility: Offer services in multiple languages, design onboarding experiences that reflect local culture, and build features that respect religious or social norms.
- Better accessibility: Make it easier for older adults or people with disabilities to use your app with customizable navigation, font sizes, color contrast, and support tools.
- Control and scalability: You’re not limited by a third-party provider’s roadmap. You can grow, add new features, or shift your product direction whenever your business needs change.
In the next section, let’s look at how you can build a custom neobank.
How to go custom?
There are two main ways to build your own neobank — and the right path depends on how much control, customization, and speed you need.
Here’s a quick overview of the two options for you:
| Feature | BaaS platform | Custom solution |
|---|---|---|
| Cost | Lower upfront, recurring fees | Higher upfront, but better long-term value |
| Time to deploy | Fast (weeks) | Longer (months) |
| Customization | Limited | Fully customizable |
| Security | Relies on provider | Full control over security |
| Integration | Some business tool integrations possible | Seamless, deep integration with your tech stack |
Option 1: Build using a core banking-as-a-service (BaaS) platform
Banking-as-a-Service platforms give you the building blocks of a bank — like account creation, payments, cards, compliance, and KYC — all accessible through APIs. Instead of starting from scratch, you’re building your product on top of an existing banking infrastructure.
This is different from the 10 neobanks we mentioned earlier, where you sign up, use the features they provide, and can’t change much. With BaaS, you get a modular setup. You can design your own product with your own branding, workflows, and UI — while the platform handles backend complexity (like compliance, ledgers, and payments).
Why go with BaaS?
- Faster time-to-market compared to building from scratch
- Lower development costs
- Pre-built compliance and regulatory layers
- Flexibility to design your own front-end and user experience
Some popular BaaS providers include Solaris, Synapse, Treezor, and Unit – all of which offer solid foundations to build on.
So if you’re aiming for control, flexibility, and a fully branded experience — but don’t want the heavy lift of building everything from scratch — then going with a BaaS platform could be your smartest move.
Option 2: Partner with a fintech company to build from scratch
If you need something highly customized — like complex workflows, unique user journeys, or total control over data — then building from scratch with a fintech development partner can be the way to go.
In this case, you’re not just putting a new face on existing infrastructure — you’re designing and developing every part of the neobank to match your business’s needs.
Why build from scratch?
- Maximum flexibility and control
- Tailored features for unique markets or user groups
- Full ownership of data, roadmap, and user experience
- Can be scaled and evolved without third-party limitations
This approach takes more time and investment, but the result is a neobank that’s 100% yours. It’s built around your audience, your workflows, your brand, and your long-term goals.
If you want a custom neobanking solution, partner with Synodus and get a platform designed for your business from the ground up.
With our custom neobank solutions, you have full control over features, seamless integration with your existing tools, and strong security measures that allow you to scale up your business without any limitations. Let’s create a banking system that works for you.
Final thoughts
In conclusion, neobanks are clearly changing the game for modern businesses — offering speed, simplicity, and features that make day-to-day money matters a whole lot easier. For most companies, picking a standard neobank is the fastest way to get started and stay focused on growth.
But if your business needs go beyond the standard, don’t settle. A custom-built neobank, whether powered by a BaaS platform or built from the ground up, gives you the freedom to design a financial product that truly works for your users and market.
In the end, it’s not about choosing the trendiest option — it’s about choosing what fits your goals, your customers, and the way you want to grow.
