OCTIS vs Revolut Business vs Qonto vs N26 Business in Europe
Three popular online business accounts. They differ most on who is allowed to open one.
Last checked · 6 sources
Otty's short answer
N26 Business is for freelancers and the self-employed, not companies. Qonto suits a company registered in France, Germany, Italy or Spain and starts at €9 per month. Revolut Business is the stronger choice for multi-currency work and starts at €10 per month. If your company is registered outside the EU, eligibility is the first question.
Side by side
Swipe to see every column
| What matters | OCTISHong Kong company + OCTIS global plan | Revolut Business | Qonto | N26 Business |
|---|---|---|---|---|
| Monthly fee from | Set by our licensed partner; quoted before you commit | €10 (Basic) | €9 (annual billing) | €0 (Standard) |
| Mid-range plan | Set by our licensed partner; quoted before you commit | €35 (Grow) | €49 (Essential, team) | €9.90 (Go) |
| Top plan | Set by our licensed partner; quoted before you commit | €125 (Scale) | €109 (Business) | €16.90 (Metal) |
| Who can open | A Hong Kong company, run from anywhere | Companies in supported countries | Companies in FR, DE, IT, ES | Freelancers, no company name |
| Limited company account | Yes, international business account via licensed partners | Yes | Yes | No |
| FX on transfers | Foreign exchange via licensed partners | Interbank to allowance | 0.56% to 0.8% | Euro only |
| Extra SEPA transfers | Set by our licensed partner; quoted before you commit | Not published | €0.10 to €0.20 each | No per-item fee |
| Foreign currency accounts | Multi-currency account via licensed partners | Up to 30 currencies | 30+ for transfers | No |
| Interest on balance | Not an OCTIS product | Not published | Up to 2.5%, plan-based | Not published |
| Sub-accounts | International business account via licensed partners | Not published | Up to 99 | Up to 10 Spaces |
| Card payments abroad | Corporate card via licensed partners | Plan-based | FX fee applies | No surcharge |
If you have staff, premises or local sales in this country, its own registration and tax rules still apply. OCTIS can help you arrange them.
Data sources & disclaimer: Comparison data was compiled from publicly available sources — including the competitors' own published pricing and feature pages — captured on 9 November 2026. Figures reflect the typical or advertised pricing at that time and may have changed since; plans, inclusions and prices vary by provider, region and promotion. OCTIS is independent and not affiliated with the named companies; all trademarks belong to their respective owners. This comparison is provided in good faith for general information only and is not professional, legal or financial advice — please verify current details with each provider before deciding.
Which one fits you
OCTIS · Hong Kong company + OCTIS global plan
Choose OCTIS if you want a multi-currency business account, a corporate card and your company admin in one place.
Revolut Business
Choose Revolut Business if you pay and get paid in many currencies and your company is in a supported country.
Qonto
Choose Qonto if your company is registered in France, Germany, Italy or Spain and you want team cards, sub-accounts and euro-focused features.
N26 Business
Choose N26 Business only if you are a freelancer trading under your own name with euro income.
What the table does not show
Who is allowed to open
N26 says its Business accounts are for self-employed people and freelancers who trade under their own name, so a company name cannot appear on the account. A GmbH, UG or similar company is outside that product, according to a Vivid review and N26 support pages. Qonto lists FR, DE, IT and ES company registration for account opening, and its help centre restricts some non-EU or EFTA shareholders. Revolut requires the company to be registered in a supported country and the applicant to live in one.
Fees in practice
Qonto prices on annual billing, excluding VAT: Basic €9, Smart €19, Premium €39, Essential €49, Business €109, Enterprise €199. Outgoing international transfers carry 0.56% to 0.8% on standard currencies with a €5 minimum. Revolut lists Basic €10, Grow €35 and Scale €125 per month on monthly billing (Scale shows €135 on some country pages), and allowances vary by country, so read your country's page. N26 runs Standard €0, Smart €4.90, Go €9.90 and Metal €16.90, and holds euros only.
Outside the EU
A company registered in Hong Kong or Malaysia may not be eligible for these three. They are built for businesses registered in Europe. If you form an EU company, expect the bank to check owners, directors and where the business is run. Treat approval as likely to take longer, and keep a second option such as Wise or Airwallex for multi-currency needs.
Where OCTIS fits
If your Hong Kong or Malaysian company sells in Europe, the first question is whether you need a European account at all or a multi-currency account you can open at home. OCTIS is not a bank. What we do is the bookkeeping that follows: reconciling statements from any account into one set of books, with tax and audit coordination. Moving that work to OCTIS can take 10–30% off your current bill.
Frequently asked questions
Can a GmbH open an N26 Business account?
No, according to N26 support pages and a Vivid review. N26 Business is for freelancers and the self-employed trading under their own name. N26 has a separate, limited company product in early access for German residents.
Is Qonto cheaper than Revolut Business?
At the entry level they are close: Qonto Basic is €9 and Revolut Basic is €10 per month. Qonto Basic is for self-employed users. Compare the plan that matches your team size, transfers and currencies.
Which is best for a freelancer in Europe?
N26 Business Standard is free and built for freelancers, but holds euros only. Qonto Basic at €9 per month adds more transfers and cards. Revolut Business suits freelancers who earn in several currencies.
Does Qonto work for a non-EU owner?
Qonto's help centre says shareholders from outside the EU and EFTA may only be accepted with restrictions. The company must be registered in a supported country. Ask Qonto support before you apply.
Sources
Checked on the date above. Links open the provider's or regulator's own page.