🏦 Which business account to choose in 2026: Wise Business or Revolut Business?

To finance your growth, an alternative like Heropay is often more relevant.

• Wise and Revolut are designed for international business, but with different pricing approaches.

• Neither solution offers simple financing for your cash flow needs.

• Heropay stands out by offering instant financing (up to €50k) for your needs and paying interest on your cash balance (up to 5%).

• Choose Wise for transparency and the real rate; Revolut for more services.

• The verdict: To finance your growth locally, an alternative like Heropay is essential.

Quick overview of Wise Business and Revolut Business

Wise Business in brief

Created in the UK in 2011, Wise (formerly TransferWise) is not a bank but an electronic money institution.

Its core business is to simplify international transactions by using the real exchange rate, without hidden fees. It's a solution for businesses that receive or send money in over 40 currencies.

Revolut Business in brief

Born in the UK in 2015, Revolut Business is a fintech company with a European banking license (Lithuania). Its DNA is also international.

It targets businesses operating abroad, offering them multi-currency accounts (25+) and a wider range of services than Wise (investment tools, API...).

Fees and pricing of Wise Business and Revolut Business

The Wise Business model: no subscription, pay-as-you-go

Wise adopts a model without monthly subscriptions, based on transparency and fees paid only upon usage.

• One-time setup fee: €50 (single payment to get international bank details).

• Debit card: Free.

• Receiving money: Free for 9 major currencies (EUR, GBP, USD...).

• Currency conversion: Variable, very low fees (from 0.43%) applied to the real exchange rate, with no hidden markup.

• Outgoing transfers: Variable fees depending on currency and destination, clearly displayed.

Revolut Business plans: usage-based tiers

Revolut structures its plans with monthly subscriptions, offering increasing quotas for international operations.

• Basic (€10/month): Base plan with limited quotas (e.g., €1,000 exchange at interbank rate, 10 free domestic transfers).

• Grow (from €50/month): Significantly increases limits for growing businesses (e.g., €15,000 exchange, 100 domestic transfers).

• Scale (from €90/month): For higher transaction volumes (e.g., €60,000 exchange, 1000 domestic transfers).

• Enterprise (custom quote): Tailored solution.

The analysis shows two approaches: Wise is potentially more cost-effective for occasional use due to its no-subscription model, while Revolut can be advantageous if you have significant volumes and utilize the quotas included in its paid plans.

Included features and services

Share capital deposit

A common and critical drawback for company founders: neither Wise Business nor Revolut Business offer a share capital deposit service.

You will need to use another solution for this step of company creation.

International and Multi-currency: The core engine

This is where both players excel, with respective strengths.

It's a close match:

• Wise offers more currencies, guarantees the real rate on all conversions, but provides a Belgian IBAN.

• Revolut offers fewer currencies, applies the interbank rate within quota limits, but can provide a French IBAN.

Cards and Transfers

Both are highly capable. Wise emphasizes fee transparency for every operation. Revolut includes more options within its subscriptions.

Financing

This is their major shared weakness.

Neither of these solutions offers simple and fast cash flow financing (like invoice advance, overdraft...).

Revolut offers complex investment tools, but that's not a solution for a short-term cash need.

Accounting and invoicing

Both are rather limited in this area compared to local French players.

• Wise integrates well with Xero and QuickBooks and offers batch payments.

• Revolut also offers accounting integrations and a basic invoicing tool.

Neither is designed specifically for French accounting needs (e.g., managing URSSAF payments).

Pros and cons: the summary table

Which profile is Wise Business suited for?

Wise Business can suit any business (sole trader or company) whose primary activity is international.

If you constantly juggle multiple currencies, receive payments from around the world, and pay suppliers abroad, the real exchange rate and simplicity of Wise are major assets.

Which profile is Revolut Business suited for?

Revolut Business is a relevant choice for businesses (freelancers, VSEs/SMEs) with regular international activity seeking a more comprehensive platform than Wise.

If you need a French IBAN, team management tools, or more extensive banking features (excluding financing), Revolut is an option.

Which profile is Wise Business NOT suited for?

If your activity is exclusively in France or the Eurozone, Wise's main advantage disappears.

The Belgian IBAN can also be an administrative hurdle. According to Heropay, the total lack of financing makes it unsuitable for a business with cash flow needs.

Which profile is Revolut Business NOT suited for?

If you are creating your company, the lack of share capital deposit is a blocker.

If you are looking for the absolute cheapest solution for occasional international operations, Wise's no-subscription model might be more advantageous. The lack of simple financing is also a crucial gap.

Use case: a web agency

Sophie runs a small web agency in London. She has just won a project with a client based in the United States, who will pay her in US dollars (USD). To complete this project, she needs to hire freelance writers and graphic designers based in London, whom she must pay quickly in USD.

• The challenge: Sophie will receive the dollars from her US client in 60 days but needs to pay her English providers within 15 days. She faces a significant cash flow gap.

• The solution:

  • Wise Business is perfect for receiving the dollars from her US client at low cost and converting them to Euros. However, Wise doesn't help her pay her Engilsh freelancers before getting paid.

  • Heropay's instant financing would allow her to pay her French providers' invoices within 24 hours, ensuring the project runs smoothly without waiting for the US client's payment.

What you should know before opening an account

With Wise Business

• Not a bank: Your funds are secured through "safeguarding". No overdraft or credit.

• Belgian IBAN (BE) for Euro: May require persistence with some French administrations.

• Pay-as-you-go fees: Ideal for occasional use, but fees can add up with very high volumes of small transactions.

• No financing.

With Revolut Business

• No share capital deposit.

• English IBAN possible but not guaranteed.

• Customer support mainly via chat.

• Interbank rate limited by quotas depending on the plan.

Wise Business vs Revolut Business: the verdict

Your choice will primarily depend on the economic model and the range of services you need to manage your international activity.

• Opt for Wise Business if your absolute priority is transparency, the guaranteed real exchange rate, and you prefer a no-subscription model, even if it means fewer ancillary features.

• Opt for Revolut Business if you are looking for a more comprehensive platform (team management, API, investment tools...), prefer a subscription model with included quotas, and a French IBAN is important to you.

According to Heropay, their common weakness remains critical: the total lack of simple and fast financing solutions leaves you alone when facing the unexpected.

Top 10 alternatives to Wise Business and Revolut Business

If these international specialists don't cover all your needs, here are other options to consider:

• Heropay: For its instant financing and interest-bearing cash (with FR IBAN).

• Qonto: For more structured management in France and share capital deposit.

• N26 Business: For sole traders with card expenses abroad.

• Shine: For its business creation tools and administrative management in France.

• Finom: A European challenger with invoicing tools.

• Blank: For its professional insurance and low price in France.

• Boursorama Pro: For the comprehensive offer of a major French online bank.

• Propulse by CA: For extreme simplicity backed by Crédit Agricole (France).

• Indy: For the integrated account + accounting for French freelancers.

• Vivid Business: For its cashback and investment features.

The alternative: why choose Heropay?

Wise and Revolut open the doors to the world but often forget your local needs, especially financing. Heropay is designed to finance the growth of the English entrepreneur.

It's a third way focused on profitability and flexibility in daily operations:

• A free business account with a English IBAN.

• Instant and integrated financing, up to €50,000, so you're never blocked.

• Interest-bearing cash up to 5%, so your money works for you.

FAQ on Wise Business and Revolut Business

Which is cheaper for currency exchange?

Wise Business is often considered the cheapest and most transparent because it systematically applies the real exchange rate with a clear, low commission. Revolut uses the interbank rate but within monthly quota limits depending on your subscription.

Can I set up my company with these accounts?

No. Neither Wise Business nor Revolut Business offer the share capital deposit service.