Best mobile business banks in
Iceland (December 2024)

Which personal neobanks are best for residents of Iceland?

A personal neobank in Iceland offers a convenient and often more affordable alternative to traditional banks. These online-only banking solutions provide a range of financial services, including multi-currency accounts, international transfers, and debit cards. Whether you're a frequent traveler, a digital nomad, or simply looking to manage your finances more efficiently, neobanks can offer a seamless and cost-effective solution for residents of Iceland.

• Vivid – Grow your money easily with commission-free and instant investing. Turn your everyday spendings into stock rewards. Get cashback and save more money on fees. Open a free account in minutes and see your savings grow.
• Bunq – The future calls for banks that are sustainable in as many ways as possible. Enjoy benefits that help you save time, money and CO2. All with the safety and security of a true bank.
• Curve – Connecting your debit and credit cards to Curve modernises all your accounts, so you never have to switch banks. All cards become contactless and work with Apple Pay, Google Pay and Samsung Pay. You get a great exchange rate when you travel (and avoid any nasty fees). Plus, cashback from your favourite brands? Win all round.
• Wise – 175 countries. 50 currencies. Get the account built to save you money round the world. Save up to 6x when you send, spend and withdraw 50 currencies, all in one account.
• Revolut – Exchange money with no hidden fees. Buy crypto, gold and manage your money with spending analytics. Join over 12 million Revolut customers.

Which business neobanks are best for businesses based in Iceland?

A business neobank in Iceland provides a tailored solution for businesses operating in the country. These online-only banking solutions offer a range of financial services specifically designed for businesses, including multi-currency accounts, international payments, and expense management tools. Whether you're a small startup or an established enterprise, business neobanks can help streamline your financial operations and reduce costs.

• Wallester – Wallester Business offers a comprehensive platform for managing corporate expenses, providing virtual and physical Visa cards along with real-time transaction monitoring and automated reporting.
• Soldo – Soldo connects smart company cards, to intuitive management tools. Control, track and report spending – all in one place. Everything you need for effortless spend management.
• Bunq – The future calls for banks that are sustainable in as many ways as possible. Enjoy benefits that help you save time, money and CO2. All with the safety and security of a true bank.
• VIALET – VIALET is a Lithuanian Electronic Money Institution (EMI) leading financial sector growth. Offering digital banking services, including dedicated IBANs, corporate cards, and merchant acquiring, VIALET is your partner for growth and innovation in today's economy.
• Wise – 175 countries. 50 currencies. Get the account built to save you money round the world. Save up to 6x when you send, spend and withdraw 50 currencies, all in one account.

Frequently asked questions about neobanks

Everything you need to know about mobile banking. Our FAQ section covers the essentials, offering you insights and answers to the most common questions about managing your finances through mobile banks.