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Here are the top alternatives, and when they might be a better fit:
Wise Business - Best for small businesses and freelancers who want low fees, mid-market exchange rates, and access to 10+ local accounts without a monthly fee.Airwallex – Ideal for growing global businesses that need batch payments, multi-user access, and deep integrations with platforms like Xero and Shopify.
Airwallex - Great for global businesses needing automation, batch payments, and support for 130+ currencies. One of the most comprehensive international business platforms available.
Rapyd - Strong for ecommerce and high-risk industries like gaming, offering 900+ local payment methods, virtual terminals, and card issuing.
Statrys - A great choice for Hong Kong–based businesses or those needing dedicated support and consistently low FX rates.
Payoneer - Best for marketplace sellers and global freelancers needing to receive client payments from platforms like Upwork, Fiverr, or Amazon.
Revolut Business - Good for startups and online teams that need flexible virtual card control, expense tracking, and app integrations, though key features require a paid plan.
Why you might need an alternative to Currenxie
Currenxie is a solid option for businesses needing a virtual multi-currency account, especially for those based in Hong Kong. But depending on where and how you operate, it might not be the best fit.
Here’s why some businesses look for alternatives:
Limited global account coverage - While Currenxie offers a respectable number of local accounts, some competitors offer access to more currencies and local payment rails, especially for US and European businesses.
No physical card or ATM access - Unlike other platforms, Currenxie doesn’t offer physical or virtual cards, which limits how businesses can manage expenses or spend internationally.
No batch payments or payroll support - For companies that regularly send mass payments, platforms like Airwallex, Wise, or Rapyd offer more flexible, automated options.
No forward contracts or FX hedging tools - If you need to lock in exchange rates or protect against currency fluctuations, Currenxie doesn’t support this. Providers like OFX or Wise may offer better options for FX risk management.
Limited integrations - Currenxie doesn’t have deep native integrations with ecommerce platforms, accounting tools, or marketplaces, which can slow down workflows.
If these limitations affect how your business operates, one of the Currenxie alternatives below might be a better fit.
Before diving into detailed comparisons, here’s a quick summary of when each option might be a better fit:
Provider | When Should You Use It? | Key Strength vs Currenxie |
|---|---|---|
Wise Business | International freelancers & SMEs needing local accounts | 10+ local accounts, mid-market FX, 70+ currencies |
Payoneer | Marketplace sellers or global freelancers | Amazon/Upwork integrations, USD/GBP cards, easy invoicing |
Revolut Business | Startups & small teams wanting banking + expense tools | Virtual & physical cards, strong integrations, flexible tiers |
Rapyd | High-risk industries & ecommerce businesses in 190+ countries | Card issuing, 900+ payment methods, local support |
OFX Business | Large international transfers & FX hedging | Forward contracts, no monthly fee, 24/7 support |
Multipass | High-volume transfers to India, Philippines, Malaysia | 15 cards/account, Asian local accounts, high limits |
Statrys | Hong Kong-based SMEs needing simple FX and fast setup | Low FX margin (0.15%), quick onboarding, HKD/CNY support |
Wise Business
Wise Business is one of the most cost-effective multi-currency platforms for small and growing businesses. It offers mid-market exchange rates, batch payments, and access to over 70 currencies, all through an easy-to-use, fully digital platform. However, Wise currently doesn't offer cards to US businesses and lacks advanced FX tools or hands-on support, which limits it for more complex needs.
Wise Business is good if… | Use Currenxie if… |
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Here's a quick overview of both companies and where Wise Business is better:
Feature | Wise Business | Currenxie |
|---|---|---|
Currencies Supported | 70+ | 15 |
Local Account Details | 10 (US), 19 (EU) | 11+ |
FX Risk Tools | No forward contracts | No forward contracts |
Payment Cards | Not issued in the US | One card per account (HK only) |
Support Channels | Phone, email, help centre | Chatbot + Help Centre |
E-commerce Integrations | Amazon, Etsy, Upwork, Shopify | Amazon, Shopify, Klarna |
Accounting Integrations | Xero, QuickBooks, FreeAgent, etc. | Xero only |
API Access | Yes | Yes |
Monthly Fees | Free | Free |
FX Margin | 0.33% (mid-market rate) | 0.40–0.60% depending on currency |
Airwallex
Airwallex offers one of the most robust international business banking solutions on the market, with standout features like 12 local accounts, access to 130 currencies, powerful API support, and built-in expense and batch payment tools.
It’s ideal for businesses that want to automate and scale operations across multiple regions, though it lacks FX risk tools like forward contracts.
Airwallex is good if… | Use Currenxie if… |
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Here's a quick overview of both companies and where Airwallex is better:
Feature | Airwallex | Currenxie |
|---|---|---|
Currencies Supported | 130+ | 15 |
Local Account Details | 12 countries | 11 countries |
FX Risk Tools | No forward contracts | No forward contracts |
Payment Cards | Multi-user, virtual + physical | One card per account |
Support Channels | Email only, some setup help | Chatbot + Help Centre |
E-commerce Integrations | Shopify, Amazon, Klarna, WooCommerce | Shopify, Amazon, Klarna |
Accounting Integrations | Xero, QuickBooks, Sage, Odoo | Xero only |
API Access | Yes, advanced | Yes |
Monthly Fees | Free | Free |
FX Margin (Tier 1) | 0.5% | ~0.40% |
Rapyd
Rapyd is a full-featured global payment platform that supports over 200 countries and 120+ currencies. It’s a strong choice for e-commerce sellers, high-risk businesses like online gaming, or companies that need flexible, real-time settlement options.
With support for 900+ payment methods, localised checkouts, and both virtual and physical terminals, Rapyd brings a Stripe-like experience to the international B2B space. Its $99/month fee and still-developing feature set may be a drawback for early-stage firms.
Rapyd is good if… | Use Currenxie if… |
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Here's a quick overview of both companies and where Rapyd is better:
Feature | Rapyd | Currenxie |
|---|---|---|
Currencies Supported | 120+ | 15 |
Local Account Details | 50+ IBANs (no full local accounts) | 11 countries |
FX Risk Tools | Rate locking for payouts | No forward contracts |
Payment Cards | Multiple, virtual + physical | One card per account (HK only) |
Support Channels | Sales contact + portal + support | Email form only |
E-commerce Integrations | Custom checkout, plugins, hosted links | Shopify, Klarna |
Accounting Integrations | API only | Xero only |
API Access | Yes, very robust | Yes |
Monthly Fees | $99/month | Free |
FX Margin | Interchange++ (no markup) | 0.40–0.60% |
Statrys
Statrys is one of the most popular business account providers in Hong Kong, especially for SMEs incorporated in HK, Singapore, or the British Virgin Islands.
If you’re looking for responsive customer support, better control over team spending, and built-in tools to manage FX risk, Statrys stands out as a stronger alternative to Currenxie.
Where Currenxie keeps things streamlined, Statrys gives businesses more control and flexibility as they grow, without sacrificing simplicity.
Statrys is good if… | Use Currenxie if… |
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Here's a quick overview of both companies and where Statrys is better:
Feature | Statrys | Currenxie |
|---|---|---|
Currencies Supported | 11 | 15 |
Local Account Details | HK only | US, UK, EU, HK, Japan, more |
FX Risk Tools | Forward contracts, spot trades | None |
Payment Cards | Multiple virtual/physical cards | Only one card per account |
Support Channels | Live chat, email, WhatsApp, WeChat | Chatbot + Help Centre + email form |
E-commerce Integrations | Xero | Xero, Shopify, Stripe, Amazon, Klarna |
API Access | No | Yes |
Monthly Fees | Free (with usage) | Free |
FX Margin (Tier 1) | ~0.15% | ~0.40% |
Payoneer
Payoneer is built for scale. With coverage in 190+ countries, 70+ currencies, and 9 local accounts, it’s a powerful all-in-one platform for businesses and freelancers working internationally.
Unlike personal-first services like Revolut or Wise, Payoneer is made for growing companies and marketplaces handling mass payouts, invoice collections, and card-based expenses.
However, no forward contracts and high FX markups make it less appealing for large-volume senders.
Payoneer is good if… | Use Currenxie if… |
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Here's a quick overview of both companies and where Payoneer is better:
Feature | Payoneer | Currenxie |
|---|---|---|
Currencies Supported | 70+ | 15 |
Local Account Details | 9 | 11 |
Marketplace Integrations | 2,000+ (Amazon, Upwork, etc.) | None |
Cards + Expense Mgmt | Multi-card support, limits & control | One Visa card (HK only) |
Accounting Integrations | Xero, QuickBooks, more | Xero only |
FX Margin | 2–3.5% | 0.40–0.60% |
Forward Contracts | ❌ Not supported | ❌ Not supported |
Monthly Fee | Free (unused = $29.99/yr) | Free |
Revolut Business
Revolut Business offers sleek software, powerful integrations (like Slack and Zapier), and up to 200 virtual cards even on its free plan.
But here’s the catch: most core business features are locked behind paid tiers.
If you want mid-market rates, expense approvals, batch payments, or even bulk transfers, you’ll need to pay $30-$119/month.
Combine that with no forward contracts and limited support, and Revolut feels more like a finance app for small teams than a proper FX platform.
Revolut Business is good if… | Use Currenxie if… |
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Here's a quick overview of both companies and where Revolut Business is better:
Feature | Revolut Business | Currenxie |
|---|---|---|
Currencies Supported | 25+ | 15 |
Local Account Details | 2 (USD + GBP) | 11 |
Virtual Cards | Up to 200 (all plans) | 1 Visa (HK only) |
Marketplace Integrations | ❌ | ❌ |
App Integrations | Slack, Xero, Zapier, QuickBooks, etc. | Xero only |
FX Margin | From 0.5% (often higher) | 0.40–0.60% |
Forward Contracts | ❌ Not supported | ❌ Not supported |
Monthly Fee | $0–$119/month | Free |
Regardless of the option you pick, we recommend running a quick search below to make sure your business needs align with the company you use.
If you’re still unsure and want to know more, we’ve created in-depth reviews for each of these companies.
Their flagship product, ibanq, provides multi-currency virtual IBAN accounts, enabling businesses to receive, hold, and send funds across borders, giving companies greater control over their global cash flow. Their mass payment functionality simplifies payroll and supplier payments, even across multiple currencies, ensuring businesses can process international payments in bulk without opening local currency accounts.
Artiom PucinskijFebruary 11th, 2025
Our key measures when testing Wise Business for international business transfers were the product offering, cost, speed, safety and customer satisfaction. We've covered the key points in the table below and each element in more detail throughout the review.
Keith HodgesOctober 10th, 2024
Historically, Moneycorp is considered one of the biggest money transfer providers in the world. The company has over 45 years of history and launch in the USA in 2018. The company is headquartered in the UK but with offices in USA, Ireland, France, Romania, UAE, Hong Kong, Australia and Brazil.Keith HodgesOctober 10th, 2024
Our key measures when testing OFX Business for international business transfers were the strength of the product offering, cost of service and transfers, speed, safety and customer satisfaction.Keith HodgesOctober 10th, 2024
Like their personal offering, the Revolut Business offering is tiered - giving more access to features, the more you pay.Keith HodgesAugust 28th, 2024
Xe Business offers strong all-round support for international business transfers. As part of our scoring process we have looked at product offering, cost, speed of transfers, safety and customer satisfaction.Keith HodgesOctober 10th, 2024
Keith HodgesOctober 10th, 2024
Multipass offers a strong selection of multi-currency option. A setup fee and higher monthly fees than elsewhere are a little offputting when you consider exchange rates are higher than Airwallex, Wise Buiness and Revolut Business.Keith HodgesJuly 23rd, 2024
Globally Payoneer serves around 190 countries, gives access to local accounts in 9 and supports 70 currencies. Features within the account allow you to take advantage of payments, invoicing and bulk options in each location. Where Payoneer is stronger than the likes of Revolut Business or Wise Business, is that it is built for international companies - as opposed to being an offshoot of a personal offering. This sets them apart from other providers, alongside the likes of Airwallex, by offering a full international business solution.Keith HodgesOctober 10th, 2024
When scoring Airwallex as an international business provider we factored in the product offering, speed of sending money, cost, safety measures in place and customer satisfaction.Keith HodgesOctober 10th, 2024
A bit more about Currenxie alternatives
How do I choose the right Currenxie alternative for my business?
What are the best options for combining domestic and international payments?
Can I integrate these alternatives into my existing finance stack?
What’s the best low-fee Currenxie alternative for holding multiple currencies?
Help & FAQ
Get answers to the most common questions asked when sending money abroad. Covers costs, fees and the best way to compare.
