Comparison: where should you open your online business account?

What's the best bank for a business account?

Here are the five best online pro account services, with Hero standing out for its free offering and simplified integration.

Hero: the integrated, no-fee payment solution

Hero transforms the online business account experience with its business bank account free of charge offering a seamless integration with existing corporate systems.

In addition to traditional banking services, Hero offers a wide range of financing options:

• Factoring, with flexible, no-obligation online financing of your supplier invoices.

• Deferred payment of customer invoices of your choice.

• BNPL (buy now pay later) options, integrated with Hero, the most economical payment solution on the market for your e-commerce (0€15 + 0.40%)

All this is available on a simple, uncluttered interface that can be automated with your accounting solutions thanks to our API!

Shine - The professional account for the self-employed and SMEs

Shine was created in 2017, and has over 100,000 customers to date!

The neo-bank offers flexible business account with a series of tools for managing invoicing and accounting directly from the application. Particularly well-suited to the self-employed and small businesses, Shine makes it easy to complete financial management with real-time notifications for every transaction .

Registering with Shine takes just a few minutes, requiring only basic information and verification of the contractor's identity.

Qonto - The simplified banking solution for businesses

Qonto simplifies financial management for companies with a clear interface and banking services designed for professionals. Their offer includes cartes Mastercard Business and accounting management tools and a responsive customer service.

It is often cited as being more suitable for SMEs and mid-sized companies than Shine. The following features enable it to make this claim:

• A tool for managing team expenses, and the creation of single-use digital bank cards

• Multi-account management

• Numerous pre-configured API integrations

With over half a million customers in Europe, this French flagship is one of the leading neo-banks dedicated to professionals.

Blank - The account aggregator for optimized management

Blank offers an innovative pro account with integrated tools to facilitate day-to-day management and accounting. Ideal for small businesses and micro-entrepreneurs, Blank offers Visa Business cards with different levels of service depending on the subscription chosen.

Blank is still young: created in 2021, it has fewer than 40,000 customers.

Revolut Business: the pro account for international reach

Revolut Business offers a comprehensive range of banking services for professionals, with a strong international focus. They offer multi-currency accounts plastic and virtual bank cards and a In-house electronic payment terminal (TPE) . Registration for Revolut Business is online, involving a series of quick checks on the company and its managers before the account is activated.

The target market is mainly self-employed workers and very small businesses. The interface for the professional offer is integrated into the application dedicated to individuals, ideal if you already have your personal card with them, but time-consuming if you are not yet an individual customer of their services.

Revolut's success is dazzling: the bank counts over 50 million customers worldwide, including 4 million in France alone!

Detailed comparison of professional offers

Having seen an overview of the banks and their general advantages, here is a detailed table of their specific offers.

How do you choose your bank as a professional?

There are several key criteria for choosing the right bank for your specific needs:

• Cost

Cost is often the first factor considered by companies when deciding on a product. maximize their profitability .

Hero sets itself apart by offering a free pro account management , no hidden charges .

• Ancillary services

Additional services can be t make day-to-day management easier and offer comprehensive solutions for a wide range of business needs.

Hero offers a variety of integrated services such as flexible payment options and a real-time dashboard for efficient management at no extra cost.

• Ease of management

An intuitive user interface and seamless integration with existing systems are essential for time and operational efficiency.

Hero's interface is designed for ease of use and seamless integration with a variety of platforms.

• Customer service quality

Responsive, competent customer support is crucial, especially when it comes to financial management.

Hero assure a professional customer service This allows users of the solution to quickly resolve any problems they may encounter.

Taking out a business loan with a neo-bank

Obtaining financing is a necessity for many companies looking to expand or optimize their cash flow. However, traditional credit options at neo-banks can be limited.

Hero sets itself apart by offering flexible financing solutions such as factoring, offering an alternative without the constraints of traditional credit and in line with companies' flexible needs.

Can I open a business account abroad?

Yes, some neo-banks like Revolut Business offer the possibility of opening a business account that can be used internationally, with services tailored to the global needs of companies.

The best online business account: verdict

Hero stands out as the best online pro account with its free offer, no-fee credit card and full range of essential services. An ideal choice for all your financial needs. For a online pro account Choose Hero for its simplicity and simple, effective financing solutions.

Frequently asked questions :

Which is the cheapest bank for professionals?

Hero stands out as the only platform to offer a completely free pro account, with no hidden fees or conditions, making it the least expensive option for professionals.

Who's behind Qonto Bank?

Qonto was co-founded by Alexandre Prot and Steve Anavi, with the support of Crédit Mutuel Arkéa. It stands out for its modern, digital approach to corporate banking.

Which bank for a micro-entrepreneur?

For micro-entrepreneurs, there are several viable options: Hero, Shine, Qonto, Blank and Revolut Business, each offering specific functionalities tailored to varying management and accounting needs.

How do I create my professional account?

To open an account with Hero, start by visiting their website, filling in the required information and uploading the necessary documents such as Kbis and valid ID.

Is it compulsory for micro-businesses to have a pro account?

This is mandatory if your annual sales exceed €10,000 for two consecutive years, in order to separate personal finances from business transactions. This account can be either professional or personal.

Is it compulsory to have a business bank account?

For companies, the law requires a separate bank account to manage the company's finances, facilitating bookkeeping and tax obligations.

Is it possible to have 2 business accounts?

It's perfectly possible to open several business accounts, either with the same bank or with different ones, depending on your company's specific needs and the services offered by each bank.