Online business accounts and neobanks in Spain: how they compare

Snapshot

Businesses and autonomos in Spain can open an online account with providers such as Qonto, Revolut Business, N26 Business, Finom and Wise Business. They open faster than traditional banks, run through an app, and offer cards and transfers. Some issue a Spanish IBAN, others a European one that still works for SEPA. Protection depends on whether the provider is a licensed bank or an electronic money institution.

Common providers: Qonto, Revolut Business, N26 Business, Finom and Wise Business. Not a recommendation.
Spanish IBAN: Offered by some, such as Qonto and Finom. Others use a European IBAN valid for SEPA. Verify with the provider.
Typical onboarding: Often a few business days where the business qualifies, as of 28 April 2026.
Watch out for: How funds are protected and the real cost once transaction and currency fees are included.

Fees and features as of 28 April 2026Last reviewed 28 April 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

An online business account in Spain usually means a provider such as Qonto, Revolut Business, N26 Business, Finom or Wise Business, each running through an app rather than a branch. They tend to open faster than traditional banks, issue cards and allow free domestic transfers, and several offer expense controls and accounting connections. The main points to weigh are whether the provider gives a Spanish IBAN, how your money is protected, and the real cost once transaction and currency charges are included. None of this is a recommendation. Compare the providers that serve your case, as of 28 April 2026.

What an online account offers in Spain

The appeal of a neobank or fintech account is speed and software. Onboarding is done online and often completes in a few business days where the business qualifies, the app handles cards, transfers and expenses, and many providers connect to accounting tools that matter for the quarterly filings Spanish businesses face. For an autonomo or a small company that mostly invoices and pays online, that can cover the day to day. As of 28 April 2026.

The providers people compare

Five names come up repeatedly for business use in Spain. Each has a different emphasis, and none is universally best.

Qonto pairs accounts with cards, expense controls and bookkeeping features, offers a Spanish interface and support, and has offered Spanish IBANs.
Revolut Business leans on international and multi currency features for companies that work across borders.
N26 Business suits freelancers who want a straightforward account with a card and few commissions.
Finom combines invoicing, expense features and a Spanish IBAN, with plans that can start from a low fee.
Wise Business focuses on holding and converting many currencies and providing local account details for cross border payments.

Plans, fees and eligibility change, so treat this as a starting list rather than a ranking, and check each provider for your situation. As of 28 April 2026.

What to check before you open

Look past the headline price and confirm the points that affect how the account works for a Spanish business.

Whether the account comes with a Spanish IBAN or a European one, and whether your clients and suppliers mind.
How your money is held, whether the provider is a licensed bank under a deposit guarantee scheme or an electronic money institution that safeguards funds.
The real cost once transaction fees, currency conversion charges and per user fees are added to any monthly fee.
Whether it connects to the accounting software you use for the quarterly tax filings.
The eligibility rules for your company type and your country of registration.

Compare online business accounts in Spain

These online providers accept business customers in Spain, with eligibility that depends on your company type and registration. Fees and features shown as of 28 April 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about online accounts and neobanks in Spain

Which neobanks offer business accounts in Spain?

Providers commonly used by businesses and autonomos in Spain include Qonto, Revolut Business, N26 Business, Finom and Wise Business. Each operates online through an app, offers cards and transfers, and targets freelancers or companies. Features, plans and eligibility differ, and not every provider suits every business, so compare the ones that serve your case. As of 28 April 2026.

Do neobanks in Spain give a Spanish IBAN?

Some do and some do not. Providers such as Qonto and Finom have offered Spanish IBANs, which can make invoicing and direct debits with Spanish clients and suppliers smoother, while others issue an IBAN from another European country that still works for SEPA payments. A non Spanish IBAN is valid across the SEPA area, though some counterparties prefer a local one. Confirm the current position with the provider. As of 28 April 2026.

Are neobank business accounts in Spain safe?

These providers are regulated in the European Economic Area and apply security measures such as strong customer authentication and segregated client funds. How your money is protected depends on whether the provider is a licensed bank covered by a deposit guarantee scheme or an electronic money institution that safeguards funds instead. Check the regulated status and how funds are held with each provider. As of 28 April 2026.

Are neobanks cheaper than traditional banks in Spain?

Not always. Some plans start from a low or zero monthly fee, but the real cost depends on transaction fees, currency conversion charges, the number of users and cards, and the plan tier. A traditional bank adds branch access, lending and full deposit protection. Compare the total cost for how you operate rather than the headline price. As of 28 April 2026.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 28 April 2026. Confirm current terms with the provider before applying.