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Equals Money description
Equals Money is a financial platform designed for mid-sized businesses to manage expenses and international payments. It offers expense cards with customizable spending limits, real-time spend tracking, and cashback rewards. The platform also enables international payments in over 100 currencies with competitive exchange rates. Equals Money provides multi-currency IBANs, simplifying international transactions. Additionally, it integrates with accounting software like Xero for streamlined financial management. The company prioritizes security, holding customer funds in safeguarded accounts.
Who is Equals Money best for
Equals Money helps mid-sized businesses manage expenses and global payments. It offers expense cards with spending limits, real-time tracking, and cashback. Users appreciate the excellent customer service and easy-to-use platform but note occasional website slowdowns. The platform also simplifies international payments with multi-currency IBANs and competitive exchange rates.
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Best for medium businesses (101-1000 employees), suitable for large enterprises.
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Ideal for finance, professional services, and businesses with international operations.
Equals Money features
| Supported Equals Money offers expense cards with customizable spending limits for employees. |
| Supported Equals Money allows monitoring of spending in real time using expense cards. |
| Supported Equals Money provides up to 3.5% cashback on purchases at major UK retailers. |
| Supported Equals Money allows international payments in over 100 currencies. |
| Supported Equals Money offers competitive exchange rates for currency exchange. |
| Supported Equals Money provides multi-currency IBANs for receiving payments. |
| Supported Equals Money integrates with accounting software like Xero. |
Equals Money reviews
We've summarised 82 Equals Money reviews (Equals Money G2 reviews) and summarised the main points below.
- Excellent and responsive customer service, especially helpful for new users.
- Easy to use platform and website for managing expenses and cards.
- Real-time spending tracking and reporting features.
- Useful for international payments and multi-currency expenses.
- Prepaid cards are convenient and offer good control over spending.
- Difficult to move funds back from individual cards to the main account.
- Website can be slow and has occasional downtime.
- Mobile app functionality is limited and not available in all countries.
- Limited accounting software integration, some integrations are clunky.
Equals Money pricing
The commentary is based on 13 reviews from Equals Money G2 reviews.
Equals Money is praised for its value, especially its competitive exchange rates and cost savings on international payments. Some users mention fees for certain actions, while others appreciate discounts for charities. Overall, the pricing is generally viewed favorably.
See the Equals Money pricing page.
Business Tier
Issue up to 20 physical cards, unlimited platform users, 200 virtual cards, free to use in 20 major currencies.
Business Plus Tier
Issue up to 50 physical cards, unlimited platform users, 200 virtual cards, free to use in 20 major currencies.
Equals Money alternatives
moorepayBetter fit for smaller UK-based businesses focused on payroll and HR solutions. Website traffic is growing faster, but employee growth is slower. Offers payroll outsourcing, time and attendance tracking, and anonymous feedback features. Users report excellent customer support but also mention website and payroll calculation issues.Read more
KitabooBetter for educational institutions and training purposes. Focuses on creating and delivering digital learning content. Has significantly more website traffic momentum.Read more
VolopayBetter for small businesses and those needing receipt management and mobile app support. A strong Equals Money competitor with higher ratings, though experiencing slower growth.Read more
PayhawkBetter for larger companies. Offers mobile app support, Apple Pay integration, and receipt uploading. Stronger customer service and easier to use, but more expensive. More industry coverage. An Equals Money competitor and alternative.Read more
YordexBetter for smaller or larger businesses and nonprofits needing expense and disbursement management. Focuses on payment automation, cost savings, and global coverage.Read more
XeroBetter for core accounting functions. A popular QuickBooks Online and FreshBooks alternative. More suitable for small to medium businesses needing basic accounting. Rated higher by users.Read more
Equals Money FAQ
What is Equals Money and what does Equals Money do?
Equals Money is a financial platform for mid-sized businesses to manage expenses and international payments. It offers expense cards with customizable limits, real-time spend tracking, cashback, and international payments in over 100 currencies with competitive exchange rates. It also integrates with accounting software.
How does Equals Money integrate with other tools?
Equals Money integrates with accounting software like Xero, streamlining financial management. It also offers multi-currency IBANs, simplifying international transactions. It provides expense cards with customizable spending limits, real-time spend tracking, and cashback rewards.
What the main competitors of Equals Money?
Equals Money competitors include Volopay, Payhawk, and Yordex. These platforms offer similar features such as expense management, multi-currency accounts, and corporate cards. Xero, while primarily accounting software, also overlaps with some expense tracking functionalities.
Is Equals Money legit?
Yes, Equals Money is a legitimate financial platform. It offers expense cards, international payments, and accounting integration. Users appreciate the responsive customer service and real-time expense tracking. However, some find difficulty moving funds between accounts and experience occasional website slowdowns.
How much does Equals Money cost?
Equals Money offers Business plans starting at £250/month and Business Plus plans starting at £350/month. They also offer custom pricing for Enterprise solutions. No free trial or free plan information is available.
Is Equals Money customer service good?
Equals Money's customer service receives overwhelmingly positive feedback. Users consistently praise the helpful, responsive, and friendly support team, particularly highlighting their quick responses and efficient problem-solving. A few users mention occasional slow initial communication, but the overall sentiment towards customer service is very positive.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.