Top EMIs and Neobanks for Legitimate Multi-Country E-Commerce Companies

[Primat2024]

The best and most reputable EMIs / neobanks I’ve found are Wise, Revolut, Bunq, Currenxie,‌ N26, Airwallex, and Intergiro.

I’m planning to open an account with each of these for‍ my companies in Germany, Switzerland, and England. Each company is fully established with substance: I've⁠ hired real directors, found affordable office space in each country, and made sure each location⁤ has internet, water, and heating.

Are there any other EMIs or neobanks that might be⁣ a good fit for this setup?

This is a 100% legitimate business with genuine activity⁢ in e-commerce, not just shell companies.

 

[Forester]

Well, I would not share this‍ opinion in full; but let's put it aside 😉

May be and may be not.
There is some essential information missing:
– What's really︁ your business? E-commerce – are you selling goods or services? In what industry? B2B or︂ B2C?
– What are UBO(s) residence and citizenship?
– What do you expect from your︃ banking partner: What currencies do you need to use? What are the destinations for incoming︄ and outgoing payments? What payment methods you need to use (just SWIFT or local as︅ SEPA, ACH, ...)? What is the expected monthly/yearly turnover?
– What is your motivation to︆ go just for EMIs and neobanks if you have a real substance in every country?︇

🙂

 

[Nigital Domad]

I have noticed a lot of members circling questions of "which︂ are the best EMIs for my situation". It could be useful to create a central︃ list/grid based on everyone's experiences and delineated by industry, location of the EMI, location &︄ classification of the company, location of the UBOs, etc.

So when an OCT member needs︅ to quickly look up (for example) "which EMIs could be more flexible for a low-risk︆ business incorporated in the UK with the UBO from Hong Kong serving clients in the︇ US, EU and LATAM using XYZ currencies" - there would be an easy way to︈ review potential EMI / Neobank candidates based on the ever-expanding, crowd-sourced knowledge/experiences of OCT.
Just a thought 🙂

 

[Bruce flea]

This could be an Ai app Idea tbh

 

[JohnLocke]

You're absolutely right; it's a great idea, and there are websites︂ out there with something similar.

The challenge is that we are bound by the forum's︃ compatibility, and such a feature would require ongoing maintenance and management, which is a lot︄ of work. I will add it to our long list of potential expansions.
We're completely︅ off topic now, so if there are more suggestions of this kind, please open a︆ new thread and continue there. Let’s keep this discussion focused on the original topic.