The best business banking platform for a fintech bank account depends on the business. Rho fits a US-incorporated, digital-first company that wants checking, cards, expense management, and bill pay in one place, and Mercury, Relay, Bluevine, Novo, Brex, and Found each lead for a different kind of company.
A fintech business account is typically offered by a technology company that partners with FDIC-insured banks to hold your deposits. The differences that matter are fees, how the account handles cards and bills, and who it serves.
Below, you'll find the best-for table, a pick by business type, and a review of each of the seven platforms.
Rho fits a US-incorporated, digital-first business that wants checking, corporate cards, expense management, and bill pay on one platform. Business checking has no monthly, per-user, or minimum-balance fees.
Your business type decides the rest of the shortlist. A free plan, many separate accounts, sub-accounts with their own account numbers, funded-startup spend, and bookkeeping in the account each point to a different provider on this list.
Fees differ in more places than the monthly fee. Check what is $0 on domestic ACH and wires, whether pricing is per user, and which plan unlocks the features you need.
Cards matter too. Check the personal guarantee requirements, Cashback terms, and card controls each provider publishes.
Eligibility is not the same everywhere. Some providers serve only formally incorporated businesses, so confirm eligibility before you compare anything else.
What is the best business banking platform?
Rho is one of the best business banking platforms for a US-incorporated business that wants checking, corporate cards, expense management, and bill pay on one platform, while Mercury fits early-stage startups, Relay and Bluevine fit separate accounts, and Chase fits branches and cash deposits. The best business banking platform depends on the job.
That is the small business reading, and it is what this page covers. A large or multinational company is a different search and is not covered here.
Rho compared each platform on the criteria below, using what each provider publishes on its own website: monthly fees and fees on core rails such as ACH and wires, what the entry tier includes, how accounts are structured, which finance tools come with the account, and who the platform is built for.
Business banking platforms, by who each fits best:
| Platform | Best for | Why it fits |
| Rho | A US-incorporated business that wants checking, cards, expense management, and bill pay on one platform | No monthly, per-user, or minimum-balance fees on business checking. $0 domestic ACH and domestic wires. Corporate cards with no personal guarantee. Unlimited checking sub-accounts, each with its own account number. Live human support 24/7. |
| Mercury | An early-stage startup | A $0 plan, with paid plans above it. $0 ACH, domestic wires, USD international wires, and mailed checks on every plan. |
| Relay | A team that wants many separate checking accounts | Starter is $0 and Grow is $30 a month. 20 checking accounts on Starter and Grow, 50 on Scale, and unlimited users on every plan. |
| Bluevine | Sub-accounts that each have their own account number | Standard has no monthly fee; Plus is $30 and Premier is $95 a month, both waivable. Up to 5 sub-accounts on Standard, 10 on Plus, 50 on Premier. |
| Chase | In-person service and cash deposits | Business Complete Banking has a $15 monthly service fee, waived with a $2,000 minimum daily ending balance or other qualifying activity. $5,000 in-branch cash deposits at no additional charge, and more than 14,000 ATMs and 5,000 branches. |
| Novo | Checking with no monthly fee and no minimum balance | No monthly fees, no minimum balance, and free standard ACH. Reserves gives you up to 20 separate buckets inside checking. |
| Brex | A startup that has raised funding or plans to | Essentials is $0 per user per month and Premium is $12 per user per month. Free, unlimited same-day ACH. |
| Found | Bookkeeping and taxes inside the account | The free tier includes checking with no monthly maintenance fee or minimum balance, bookkeeping, tax estimates, and unlimited invoicing. Found Plus is $35 a month. |
Pick Rho when one platform should run your money. Checking, corporate cards, expense management, and Bill Pay sit in one place, and Rho has native integrations with NetSuite, QuickBooks Online, Sage Intacct, and Puzzle. Expense management and Bill Pay are free to Rho customers. See how Rho business banking works.
Pick a different platform when the job is different. Relay fits a business that wants many separate accounts with capped counts per plan, Novo fits one that wants buckets inside a single checking account, and Chase fits one that deposits cash or wants a branch. Rho serves US-incorporated businesses, and the application needs a US operating address or a business owner in the US with a valid SSN. A sole proprietor or unincorporated business can look at Chase, which accepts online applications from sole proprietorships.
If you need lending or a banker you can walk in to see, a traditional bank is the better fit. The guides to the best banks for small business and the best online business bank accounts cover that side in more depth.
Now the same business banking platform answer, by business type.
Quick picks: where to start by business type
The right account depends on what your business does with money. Each pick below is a good place to start, not a final answer; the reviews further down give the detail.
Your business | Good place to start | Why |
|---|---|---|
Digital-first, incorporated business that wants banking, corporate cards, and bill pay in one place | Rho, then Mercury | No monthly, per-user, or minimum-balance fees on business checking, $0 domestic ACH and domestic wires, and checking, cards, expense management, and bill pay on one platform. |
Growing team with card spend and vendor bills to manage | Rho | Corporate cards with no personal guarantee, up to 1.25% Cashback on Daily Terms and up to 1% on Monthly Terms (terms apply), up to 2% on Daily Terms and up to 1.75% on Monthly Terms with Rho Platinum (terms apply), on up to $1M in eligible annual card spend, card controls for team and vendor cards in the mobile app, and free bill pay and expense management. |
Early-stage startup | Mercury | A $0 plan, and $0 ACH, domestic wires, and USD international wires on every plan. |
Startup that wants banking, corporate cards, and spend management on one platform | Rho | No monthly, per-user, or minimum-balance fees on business checking, with corporate cards, expense management, and bill pay on one platform. |
Budgeting across many separate accounts | Relay | 20 checking accounts per business on Starter and Grow, and 50 on Scale. |
Sub-accounts that each have their own account number | Bluevine | Up to 5 sub-accounts on Standard, 10 on Plus, and 50 on Premier. |
Checking with no monthly fee and no minimum balance | Novo | A $0 monthly fee, no minimums, and Reserves inside the checking account. |
Startup that has raised funding or plans to | Brex | Essentials is $0 per user per month, with free unlimited same-day ACH payments. |
Sole proprietor, LLC, S corp, or C corp that wants bookkeeping and taxes in the account | Found | Built-in bookkeeping and tax tools, unlimited free invoicing, and no monthly account maintenance fees. |
The best fintech banks for small business, compared
Platform | Built for / best for | Standout feature | Entry price |
|---|---|---|---|
Rho | Digital-first, incorporated businesses | Checking, corporate cards, expense management, and bill pay on one platform | $0 monthly fee on business checking |
Mercury | Early-stage startups | $0 ACH, domestic wires, and USD international wires on every plan | $0 plan |
Relay | Many separate accounts and budgeting | 20 checking accounts per business (50 on Scale) | Starter $0 |
Bluevine | Sub-accounts with their own account numbers | Up to 5 / 10 / 50 sub-accounts by plan | $0 / $30 / $95 per month |
Novo | Checking with no monthly fee or minimum balance | No monthly fee, no minimum balance, and Reserves | $0 |
Brex | Funded startups | Free unlimited same-day ACH payments | Essentials $0 per user per month |
Found | Bookkeeping and taxes in the account | Built-in bookkeeping, tax tools, and invoicing | Core features free |
Card Cashback varies by provider and plan, so it is not compared in this table. Each provider publishes its own terms.
The seven platforms, reviewed
1. Rho: one of the best fits for banking, cards, and bill pay on one platform
Built for: a US-incorporated, digital-first business that wants its checking account, corporate cards, expense management, and bill pay on one platform instead of stitching together separate tools for each.
Business checking has no monthly, per-user, or minimum-balance fees, and domestic ACH and domestic wires are $0.
Key features:
Corporate cards with no personal guarantee and no personal credit pull.
Live human support 24/7 on every account, at no cost.
Expense management with no per-user fees, and bill pay that's free to Rho customers.
Cashback: up to 1.25% on Daily Terms and up to 1% on Monthly Terms (terms apply) on card spend; Rho Platinum earns up to 2% on Daily Terms and up to 1.75% on Monthly Terms (terms apply), on up to $1M in eligible annual card spend.
Card creation and controls for team and vendor cards in the mobile app.
Four native accounting integrations: NetSuite, QuickBooks Online, Sage Intacct, and Puzzle.
FDIC pass-through coverage on checking up to $250,000 per entity.
See how Rho's corporate cards work and how Rho's bill pay handles vendor payments for a closer look at each.
Here's how the other six compare, provider by provider.
2. Mercury: best for early-stage startups
Best for: an early-stage startup that wants a $0 plan and $0 ACH and wires.
Mercury offers a $0 plan and paid plans above it; the plan prices are on Mercury's pricing page.
Key features:
$0 ACH, domestic wires, and USD international wires on every plan, and $0 mailed checks.
A 1% currency exchange fee on non-USD international wires.
3. Relay: best for many separate checking accounts
Best for: a business that runs a profit-first or envelope-style budgeting system and wants separate checking accounts for each purpose.
Relay's Starter plan is $0.
Key features:
20 checking accounts per business on Starter and Grow, and 50 on Scale.
Unlimited users on every plan, and up to 50 debit cards per cardholder per checking account.
Worth knowing: Starter includes bill creation, intake, and multi-step approval rules. Grow adds batch vendor payments and spend approval requests, and bill payment automation is on Scale.
4. Bluevine: best for sub-accounts with their own account numbers
Best for: a business that wants to route specific payments into separate buckets.
Bluevine's plans are Standard at $0, Plus at $30 a month, and Premier at $95 a month.
Key features:
Up to 5 sub-accounts on Standard, 10 on Plus, and 50 on Premier.
Each sub-account has its own account number, while all Bluevine accounts share one routing number, and debit cards can be issued per sub-account.
Free standard ACH, with same-day ACH up to $10 and outgoing wires up to $15.
5. Novo: best for checking with no monthly fee and no minimum balance
Best for: a business that wants a $0 monthly fee and no minimum balance.
Novo has a $0 monthly fee and no minimums.
Key features:
Free standard ACH, and incoming wires at no cost.
Third-party ATM fees reimbursed up to $7 a month.
Reserves: up to 20 separate buckets inside your checking account, with rules that route a percentage of incoming funds.
6. Brex: best for startups that have raised funding or plan to
Best for: a startup that has raised funding or plans to, and wants per-user pricing with a $0 entry tier.
Brex's Essentials plan is $0 per user per month and covers up to two entities. Premium is $12 per user per month, and Enterprise is custom.
Key features:
Unlimited same-day ACH payments, free.
No account minimums, overdraft fees, or monthly fees, as stated on Brex's page.
Worth knowing: Brex does not accept PO boxes, UPS boxes, or registered-agent addresses, and applicants need an SSN or a valid photo ID.
7. Found: best for bookkeeping and taxes in the account
Best for: a sole proprietor, LLC, S corp, or C corp that wants bookkeeping and taxes handled inside the account.
Found's core features are free. Found Plus is $35 a month or $315 a year, and Found Pro is $80 a month or $720 a year.
Key features:
Built-in bookkeeping and tax tools, and unlimited free invoicing.
No monthly account maintenance fees, no credit check, and no minimum balance.
Pockets, which Found describes as sub-accounts for easy cash flow management.
Banking services by Lead Bank, Member FDIC. Found says it is a financial technology company, not a bank.
Worth knowing: Wire, instant-transfer, and ATM fees apply.
Point solution or unified platform: why this list looks the way it does
Each provider on this list leads with something different: a $0 plan, separate accounts, sub-accounts, funded-startup pricing, or bookkeeping in the account.
Rho puts checking, corporate cards, expense management, and bill pay on one platform.
That's not a knock on any single-purpose product. A business that only needs one thing, separate accounts or a $0 plan, will likely be served just as well by the provider built around it.
A business that manages team spend, vendor payments, and banking as three separate problems, though, is running three separate tools by definition.
How to choose
Work through these questions in order rather than picking the provider with the most name recognition:
Is the business formally incorporated? Eligibility rules differ across this list, and some providers serve only formally incorporated businesses. Confirm eligibility before evaluating anything else.
How many people need spend authority, and does anyone need cards with limits? If more than one or two people are making purchases, card controls and personal guarantees stop being a side issue.
Do you need many separate accounts or buckets? If yes, compare how many each provider allows and whether each one gets its own account number.
Is bill pay or vendor-payment workflow part of the problem, or just the checking account? A pure banking need and a banking-plus-bill-pay need point toward different providers on this list.
Have you raised funding, or do you plan to? If so, check each provider's eligibility and per-user pricing before you commit.
If the answer to questions 1, 2, and 4 is yes, an incorporated business with a team and vendors to pay, Rho's entry above is worth a close read.
When none of these are the right fit
Not every business belongs on this list. A cash-heavy business that deposits physical currency regularly will run into friction with any fintech platform, since fintech platforms generally operate without branches. A traditional bank with branch access handles cash better.
Our guide to the best banks for small business covers branch banks side by side.
A business that isn't formally incorporated yet should check eligibility first, because rules differ by provider.
And a business that's already happy with its current bank and isn't experiencing a specific, named cost, a fee, a missing integration, a card limitation, doesn't need to switch just because a comparison page exists.
For a broader set of options, compare the best business bank accounts overall or, for a fully online setup, the best online-only business bank accounts.
Picking the account that matches your business
If the team has grown past a single free checking account and is now juggling banking, cards, and vendor payments as separate problems, that's the gap Rho is built to close. If the need is narrower, separate accounts, sub-accounts with their own account numbers, or bookkeeping in the account, one of the point solutions above will likely serve just as well or better.
Have your entity documents and EIN ready before you apply. Rho serves US-incorporated businesses, and applications are subject to approval. If the business isn't incorporated yet, our guide to incorporating a company walks through entity types and costs.
Still comparing? See the best online business bank accounts. If that sounds like your business, open a Rho account.