If you own a company, you have surely encountered the challenge of managing corporate cards, controlling expenses and handling your business finances efficiently. Among the many available options, Wallester and Finom stand out as two solutions that promise to simplify your financial life. But which one is truly the most suitable for you?
Company Overview
Wallester Business
- Founded: 2016
- Headquarters: Estonia
- Market Presence: EEA and UK, specialising in business payment solutions
- Key Services: Virtual & physical corporate cards, real-time expense tracking, flexible payment solutions, API integrations
Wallester Business offers customisable virtual and physical cards for companies of all sizes. With no sign-up fees and 300 free cards, it’s an attractive choice for businesses that require scalable, cost-effective payment solutions.
Finom
- Founded: 2019
- Headquarters: Netherlands
- Market Presence: France, Germany, Italy, Spain
- Key Services: Business accounts, invoicing, corporate debit cards, expense management
Finom is a digital banking platform that provides business accounts with IBANs, invoicing, and expense categorisation. It primarily serves freelancers, SMEs, and startups seeking an all-in-one financial management solution.
Features Comparison
| Feature | Wallester Business | Finom |
| Business Accounts & IBAN | No business accounts; payment infrastructure | Full business banking with IBANs |
| Virtual & Physical Cards | Unlimited virtual & physical cards | Unlimited free virtual cards |
| Card Issuance & Limits | 300 free virtual cards | Monthly transaction limit of up to €200,000 per card |
| Cashback & Rewards | No cashback, but cost-saving with free cards | Cashback on selected plans |
| Pricing & Subscription Fees | Free to use, custom pricing for advanced features | Monthly subscription plans (starting at €119) Free Solo plan for solopreneurs |
| Expense Management | Real-time tracking, advanced controls | Integrated expense categorisation |
| Accounting Integrations | API-driven integrations for custom needs | Native integrations with accounting software |
| Customer Support | Dedicated business support | Multi-channel support (email, phone, chat) |
| Security | PCI DSS Level 1, 3D Secure, KYC/AML compliance | Passkeys, 3D Secure |
| Global Payments | Transactions in 150+ currencies, Apple Pay, Google Pay, Samsung Pay | SEPA and international payments, 24 currency support |
Pros & Cons
Wallester Business
Pros:
- Scalable virtual & physical card issuance with no upfront costs
- Flexible API integration for custom payment solutions
- Real-time transaction tracking & expense control
- Ideal for media buyers and digital agencies needing multiple payment cards
- Strong global payment capabilities in 180 countries
Cons:
- No traditional business banking or IBANs
- Not a replacement for a full business bank account
Finom
Pros:
- All-in-one digital banking with IBANs and invoicing
- Strong cashback offers on selected plans
- Good integrations with accounting software
- High security with BNP Paribas-backed fund protection
- Low fees for international transactions
Cons:
- Limited card management flexibility compared to Wallester Business
- Monthly subscription fees required for most features
- Lower scalability for large businesses managing multiple departments
Additional Information
Wallester
- Multi-level access control system with payment approvals
- Detailed and customisable financial reports
- Automated budget management tools
- Payroll and invoicing integration that automates key processes and reduces errors
Finom
- Limited or unlimited access for external accountants
- Generation of bulk export of documents and transaction data
A Strategic Decision for Your Company
After analysing both platforms, it is evident that both offer quality solutions for the Italian market. However, Wallester's flexible model, combined with its free plan, robust security measures, and advanced management capabilities, represents a particularly attractive value proposition for companies at different stages of growth.
The possibility of starting without initial investment whilst maintaining access to sophisticated financial management tools positions Wallester as a particularly interesting option for the dynamic Italian business landscape.
Are you looking for a financial solution that grows with your company? Discover Wallester and how you can transform your corporate finance management through it.
