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Logo of Equals Money

Equals Money

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Last updated on

Company health

Employee growth
6% increase in the last year
Web traffic
21% increase in the last quarter

Ratings

G2
4.6/5
(82)
Glassdoor
3.6/5
(30)

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.

  • Best for medium businesses (101-1000 employees), suitable for large enterprises.

  • 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.

Pros of Equals Money
  • 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.
Cons of Equals Money
  • 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 offers tiered pricing for its Cards & Expenses Platform and custom pricing for Multi-currency accounts. Unlimited users are included in all card plans.

Users sentiment

Strongly positive
+1

See the Equals Money pricing page.

Business Tier
£250 per card/year

Issue up to 20 physical cards. Unlimited platform users. 200 free virtual cards. Free to use in 21 major currencies. £10 one-off fee per physical card. Cash withdrawals - £1.50.

Business Plus Tier
£350 per card/year

Issue up to 50 physical cards. Unlimited platform users. 200 free virtual cards. Free to use in 21 major currencies. £10 one-off fee per physical card. Cash withdrawals - £1.50.

Enterprise Tier
Custom

Issue more than 50 cards. Unlimited platform users. More than 200 virtual cards. Free to use in 21 major currencies. Custom issuance fees. Cash withdrawals - £1.50.

Business
Custom

The ultimate solution for all. A multi-currency business account grants you access to 38 currencies and so much more.


Equals Money alternatives

  • Logo of Qonto
    Qonto
    Modern business finance platform for seamless spending, saving, and accounting.
    Read more
  • Logo of moorepay
    moorepay
    Simple, secure payroll and HR for growing UK businesses.
    Read more
  • Logo of Aspire
    Aspire
    Control global finances, automate tasks, simplify growth.
    Read more
  • Logo of Yordex
    Yordex
    Effortless global business payments. Control, automate, and save.
    Read more
  • Logo of PEX
    PEX
    Control employee spending, automate payments, simplify accounting.
    Read more
  • Logo of Rho
    Rho
    Streamlined business banking, expenses, and accounting in one platform.
    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

MK
Michal Kaczor
CEO at Gralio

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.

TT
Tymon Terlikiewicz
CTO at Gralio

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.