Online business accounts and neobanks in New Zealand

Snapshot

New Zealand has few standalone business neobanks, so the main online first options are fintech accounts such as Wise Business and Airwallex, alongside the strong online and mobile banking that the major banks provide. Revolut Business is on a waitlist. Confirm the current position with the provider.

Fintech accounts: Wise Business and Airwallex onboard online and suit cross border trade
Revolut Business: On a waitlist for New Zealand as of 24 March 2026
Major banks: ANZ, ASB, BNZ, Westpac and Kiwibank offer full online and mobile banking
Note: There is no full local business only neobank like some other markets

Fees and features as of 24 March 2026Last reviewed 24 March 2026

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

If you want to bank online, New Zealand businesses mainly use fintech accounts such as Wise Business and Airwallex, plus the online and mobile banking from the major banks. As of 24 March 2026, there is no large standalone business only neobank in New Zealand, and Revolut Business is on a waitlist. Confirm current availability and features with the provider.

Online and neobank options in New Zealand

The term neobank usually means a digital first provider with no branches. In New Zealand the business market is served mainly by fintech accounts and by the digital banking of the established banks, rather than by a large local business only neobank. As of 24 March 2026, this shapes what online first really means here. Confirm the current options with the provider.

Fintech accounts

Wise Business and Airwallex onboard online and focus on cross border payments, local account details in several currencies, and cards. As of 24 March 2026, they are not registered banks in New Zealand and hold funds under their own regulatory arrangements, so they suit businesses that want multi currency features rather than a full domestic bank relationship. Verify what is covered with the provider.

Major bank digital channels

ANZ, ASB, BNZ, Westpac, and Kiwibank provide online and mobile banking, with application journeys that are partly online. As of 24 March 2026, some onboarding steps may still require identity checks that are not fully online. Confirm the current process with the bank.

What to check on an online account

Before you choose an online first option, look at these points, as of 24 March 2026. Verify with the provider

Whether the provider is a registered bank or a fintech, and how your funds are held.
Which features are fully online and which steps need identity checks.
The fees, currencies, card options, and accounting integrations you need.

Compare business accounts available in New Zealand

These providers accept business customers in New Zealand and onboard online. Fees and eligibility shown as of 24 March 2026. Confirm current terms with the provider before applying.

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Questions about business banking in New Zealand

Are there business neobanks in New Zealand?

As of 24 March 2026, there is no large standalone business only neobank in New Zealand. The online first options are mainly fintech accounts such as Wise Business and Airwallex, plus the digital banking of the major banks. Confirm current options with the provider.

Is Revolut Business available in New Zealand?

As of 24 March 2026, Revolut Business is on a waitlist for New Zealand rather than generally open. The position can change, so verify directly with the provider.

Are Wise Business and Airwallex banks in New Zealand?

As of 24 March 2026, Wise Business and Airwallex operate as fintech providers rather than registered New Zealand banks, and they hold funds under their own regulatory arrangements. Check how your money is held with the provider.

Can I open an online business account fully online in New Zealand?

Fintech accounts usually onboard online, while the major banks offer partly online applications that may still need an identity check. As of 24 March 2026 this varies. Confirm the current process with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 24 March 2026. Confirm current terms with the provider before applying.