Updated 2026-06-01
Neobanks for startups: US, UK, EU comparison
Mercury, Brex Banking, Qonto, Revolut, Tide — where each one wins.
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TL;DR
Mercury, Brex Banking, Qonto, Revolut, Tide — where each one wins.
- •US: Mercury for incorporated startups; Relay for Profit First operators.
- •UK: Tide for SMEs; Revolut for cross-border; Wise for FX-heavy operators.
- •EU: Qonto pan-European; Memo Bank for French mid-market; Penta for DACH.
US
Mercury is the dominant choice for US-incorporated startups. Brex Banking is bundled with Brex cards. Relay is built for Profit First (20 accounts, 50 cards).
UK
Tide is the SME default with 600k+ members. Revolut Business is multi-currency-first. Wise Business is FX-first.
EU
Qonto is the pan-European leader (500k+ businesses). Memo Bank serves French mid-market with a real banking license. Penta and Vivid lead German market.