Overview
Soldo, at a glance.
Soldo is an e-money institution headquartered in the United Kingdom, regulated by FCA, Central Bank of Ireland. Business accounts cost from £21 a month. Opening an account takes 3–5 days.
Customer funds are kept separate from Soldo's own assets and safeguarded under the UK e-money rules.
Why businesses pick Soldo
- Company cards with budgets and rules for teams, including fuel and subscription cards
- Incoming payments are free; outgoing local payments cost £0.75 or €0.75
- Open to registered organisations in 31 European countries
- Trustpilot score of 4.6 from nearly 2,000 reviews
- Applications are reviewed within one to two working days
Watch out for
- Costs £21 or £33 a month plus VAT
- Sole traders cannot apply
- Each plastic card costs £5 and each virtual card £1
- Card spending in other currencies costs 1.5%
- International payments cost £20
Business fit
Will Soldo accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Soldo's published rules
Likely fit
Soldo lists both United Kingdom companies and Fashion retail as accepted.
Soldo does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Soldo publishes about the businesses it takes on.
Who Soldo serves
- Startups and SMEs
- Executives and finance teams
- IT and software
- Professional services
All 8 industries on Soldo's accepted list
- Fashion retail
- Food and beverage
- Property and facilities management
- Machinery manufacturing
- Media production
- Social care groups
- Construction
- Education
Not supported
Industries and countries Soldo does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Soldo?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
3 currencies
- EUR
- USD
- GBP
Payment reach
Not published
Who can apply
Company incorporation countries31 countries · show list
- Austria
- Belgium
- Bulgaria
- Croatia
- Cyprus
- Czechia
- Denmark
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Ireland
- Italy
- Latvia
- Lithuania
- Luxembourg
- Malta
- Netherlands
- Poland
- Portugal
- Romania
- Slovakia
- Slovenia
- Spain
- Sweden
- Iceland
- Liechtenstein
- Norway
- United Kingdom
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Registered organisations
Pricing
What does Soldo cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
£21–33
depends on plan
Standard
Lowest cost£21 per month
Setup fee not published
Plus
£33 per month
Setup fee not published
Unlimited
Custom
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SEPA | Free | No charge |
| Faster Payments (GBP) | Free | No charge |
| Outgoing | ||
| SEPA | €0.75 | Fixed fee |
| SEPA Instant | €1.5 | Fixed fee |
| Faster Payments (GBP) | £0.75 | Fixed fee |
| SWIFT / international | £20 | Fixed fee |
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | £1 | Fixed fee · Temporary and subscription cards are free |
| Physical card issue | £5 | Fixed fee |
| Card FX | 1.5% | Percentage of the amount |
| ATM withdrawal | 1%, min £2 | Percentage, with a minimum charge |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Soldo a bank?
No. Soldo Financial Services Ltd is an e-money institution authorised by the FCA, reference 900459, and its Irish company is authorised by the Central Bank of Ireland, reference C179925.
How much does Soldo cost?
Standard costs £21 a month and Plus £33, plus VAT. A plastic card costs £5 and a virtual card £1. Local payments out cost £0.75, international payments £20, and card spending in other currencies 1.5%.
Who can open a Soldo account?
Registered organisations in the UK and 30 countries of the EU and EEA. Sole traders cannot apply.
Does Soldo offer cards?
Yes. Prepaid Mastercard cards, plastic and virtual, including fuel cards and cards for subscriptions and online advertising.
Alternatives
How Soldo compares.
If Soldo is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 SoldoThis pageE-money institution |   | Expense cardsSpend management |
| PleoE-money institution |  | Expense cardsSpend management |
 SpendeskPayment institution |  | Expense cardsSpend management |
 PayhawkE-money institution |  | Expense cardsSpend management |
 Equals MoneyPayment institution | | Multi-currency IBANExpense cards |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.