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Spendbase

Spendbase

Profile last updated October 2025

About

About

Spendbase offers a fast and completely free entry into EU and UK business banking for both EU and non-EU founders.

We provide corporate IBANs, SEPA and Faster Payments transfers, and full control over virtual cards — issue, assign, limit, deactivate — without monthly, per-user, or transaction fees.

Beyond banking, Spendbase covers the full spend stack. The platform provides AWS credits, simplifies procurement, automates SaaS and cloud cost tracking, delivers vendor-negotiated discounts, and provides dashboards that expose hidden waste in subscriptions and cloud services.

Everything you need to run your business cost-efficiently in one place.


Our target clients

Our target clients

Supported languages

    EnglishGermanPolishSpanishUkrainian

Supported businesses

    Micro/small/medium (multiple shareholders)LargeStartup

Target markets

  • Service provider operates in a broad range of markets and regions.

Target industries

  • Service provider accepts a broad range of industries.

Banking details

Banking details

Type of institution

  • E-Money Institution

Location of headquarters

    Estonia

Supported currencies

    EUR - EuroGBP - Pound Sterling

IBAN receiving bank details

    FranceUnited Kingdom

Online application available

  • Yes

Additional in-person visit needed for applying

  • No

Substantial business connection to Estonia required

  • No

Approximate application processing time in business days

  • up to 1 business day

Monthly subscription fee

  • -

Transaction fee

  • -

Currency conversion inside the account fee

  • 1%

Payment gateway and processing services

  • No

Services and pricing

Services and pricing

IBAN provider
Free
IBAN provider
Free
SEPA payments
Free
SEPA payments
Free
Business banking account
Free
Business banking account
Free
International payments
Free
International payments
Free
Debit/credit/pre-paid card
Upon request
Debit/credit/pre-paid card
Upon request
Business banking account opening assistance
Free
Business banking account opening assistance
Free
Fintech
Upon request
Fintech
Upon request
Intergrations for accounting
Free
Intergrations for accounting
Free

Estonian VAT is not applicable to these prices


Eligibility

Eligibility

1. The company should be registered in the UK or the EEA.

2. The company should have a physical office.

3. Operate in any industry except those prohibited.


Restrictions

Restrictions

We only work with companies, not individuals. Additionally, we do not provide services to companies based in Russia/Belarus or with Russian/Belarusian business operations.

Here is the list of prohibited countries for onboarding - https://docs.google.com/spreadsheets/d/1D0nJdBdtStAszPGeOcuzLLr6rRwJv-ZP_kVHdd_tE3k/edit?usp=sharing

Here is the list of prohibited industries for onboarding - https://docs.google.com/spreadsheets/d/1y9TtTAT7pm7yuf0-Sde4GEbMJxyRwgpPtul-FAdeP2o/edit?usp=sharing


Reviews

Newest first

Guy Danny De Smet

December 2025

December 2025

Spendbase solved all issues I complained about, so When it is good, it needs to be said also... Not only when we complain... A fast intervention showed there was a minor glitch in their system, which was solved very fast. I therefor modestly review my review and thank the people of Spendbase for their accurate & friendly reactions and solutions. This e-resident DOES recommend Spendbase !

2 Found helpful


Artem Bohomolov

July 2025

July 2025

I can easily issue cards to employees and set limits for specific expenses like subscriptions, travel, and marketing. It’s given me so much more control over spending, and being able to track each card’s activity in real-time is a huge plus. The security features, like 3DS transaction approval and biometric login, really make me feel confident that our company’s finances are secure. It’s such an efficient way to manage employee expenses, and we’ve definitely seen a big improvement in our financial oversight since we started using Spendbase.

1 Found helpful


Igor Shaverskyi

July 2025

July 2025

For a business like ours, which needs to keep track of a lot of different spending streams, Spendbase has been the perfect solution. The ability to issue cards to specific teams or projects is fantastic. The detailed transaction records, along with the option to attach receipts or comments, make bookkeeping much easier. We’ve been able to set clear limits and guidelines for spending, which has helped keep our finances under control.

2 Found helpful


Marius-Vasile Ghita

July 2025

July 2025

My only interaction with this company was their unsolicited email in which they asked me to provide a made up review that they'll provide. Be suspicious of their other reviews as well. Here's the email I've received from them. "I'm Daria, Head of Partnerships at Spendbase. I’m reaching out to ask for your help. We’ve recently been listed on the Estonian E-Residency marketplace. We are preparing for the big official launch. To boost our presence, we need more reviews. I would appreciate it if you could help us. I'll provide you with the text."

28 Found helpful


Andrii Maksymov

July 2025

July 2025

I started using Spendbase for our corporate banking, and so far, it’s been super straightforward. Setting up multiple IBANs in GBP and EUR was a breeze, and the ability to send payments via SEPA and Faster Payments is a game-changer for international transactions. I especially like how Spendbase checks each recipient during transfers—it gives me peace of mind. The platform is clean and simple to use, and attaching comments to transactions has made internal reporting way easier. Definitely worth checking out if you need efficient banking solutions!

1 Found helpful