Each Fintech provider has its own requirements based on directors' and shareholders' residence, the company's business model and country of origin, and whether the company has a physical presence (rented office).
For example, Wise doesn't work with businesses that operate with crypto, but Bankera is open to such companies; it is free (in some cases) to open an account in Wise, while Bankera will charge a €200 application fee which can be non-refundable and so on. It will be quite a challenge to find the fintech provider that suits your company’s need the best by yourself because a task requires to visit dozens of websites to collect whole characteristics and compare providers.
Differences between each provider are quite huge. In order to help you, we offer
3 free options that will help you choose the right provider for your company:
Fast, easy, and free of charge.