Found vs Soldo

Found and Soldo both handle business money movement but serve very different businesses: Found is a US-focused, freemium banking app built for the…

Best for Found: US-based solo founders, freelancers, or self-employed individuals who want a free Core plan ($0/month) checking account bundled with automatic bookkeeping, tax write-off tracking, and unlimited contractor payments with free 1099-NEC generation.
Best for Soldo: UK or European teams of three or more that need company cards with proactive spend limits and approval workflows, multi-entity wallet hierarchies, and FCA-regulated custody of funds, starting at £21/month + VAT.

At a Glance

 FoundSoldo
Primary categoryPaymentsPayments
RatingNot documentedNot documented
Pricing modelFreemium (free core account with optional paid tiers)subscription
Starting priceFree (paid tiers from $35/month)£21/month
Free planYesNot documented
Free trialYesYes
PlatformsWeb, iOS, AndroidWeb
Team collaborationNot documentedNot documented
AI featuresYesNot documented
Public APINot documentedNot documented

Key Differences

Target Geography

Found: Found is US business banking, with services provided through Lead Bank.

Soldo: Soldo is UK-based, an FCA-regulated Electronic Money Institution serving 25,000+ businesses across 31 European countries.

Banking regulation and currency handling differ by region, so the right tool depends on where the business is incorporated.

Pricing Model

Found: Found is freemium: Core is free ($0/month), Found Plus is $35/month, and Found Pro is $80/month.

Soldo: Soldo is paid from the start: Standard is £21/month + VAT (capped at 3 users/3 cards), Plus is £33/month + VAT.

The cost of entry differs sharply between a free-forever plan and a paid-from-day-one model.

Built-in Bookkeeping & Tax

Found: Found includes automatic bookkeeping, tax write-off tracking, tax estimates, and 1099-NEC generation in its core product.

Soldo: No bookkeeping or tax-estimate feature is documented for Soldo, which instead integrates with external accounting software.

Handling tax prep in-app versus exporting to an accountant is a meaningful workflow difference.

Contractor Payments

Found: Found offers unlimited contractor payments with no per-contractor fees and automatic W-9 collection.

Soldo: No contractor-payment feature is documented for Soldo.

Businesses paying many contractors need this built into their banking tool.

Team Size & Card Limits

Found: Found offers team cards for up to 10 physical and 20 virtual cards with spend controls, built around a single self-employed user's business.

Soldo: Soldo's Standard plan explicitly caps at 3 users/3 cards, with role-based multi-entity hierarchy available on higher tiers.

Growing teams need entity-level card structures that a single-owner banking app isn't built for.

Feature-by-Feature

Banking & Fees

FeatureFoundSoldo
Free plan availableAvailableUnavailable
Monthly account fee on entry tierUnavailableAvailable
Regulatory coverage disclosedAvailableAvailable
Free trialNot documentedAvailable

Bookkeeping, Tax & Contractors

FeatureFoundSoldo
Automatic bookkeepingAvailableUnavailable
Tax estimates & write-off trackingAvailableUnavailable
1099-NEC generationAvailableUnavailable
Unlimited contractor paymentsAvailableUnavailable

Cards & Spend Control

FeatureFoundSoldo
Physical & virtual cardsAvailableAvailable
Named team card limitsAvailableNot documented
Proactive spend limits & approvalsAvailableAvailable
Multi-entity / wallet hierarchyNot documentedAvailable
Accounting software integrationsNot documentedAvailable

Pricing Compared

Starting price reflects the lowest paid tier, not the full cost for every team size or usage level.

Found

Found (Free) — $0/month No commitment
Found Plus — $35/month or $315/year Monthly or annual (25% savings annually)
Found Pro — $80/month or $720/year Monthly or annual (25% savings annually)

Soldo

Standard — £21/month Monthly (30-day free trial)
Plus — £33/month Monthly (30-day free trial)
Unlimited — Custom pricing Annual contract (demo required)

Pros & Cons

Found

Pros

  • Free core plan includes real bookkeeping, tax estimation, and unlimited invoicing with no monthly fee
  • Built-in contractor payments with 1099-NEC filing removes the need for a separate payroll tool
  • AI-powered Found Assistant embeds account support and task automation directly into the app
  • Backed by well-known investors including Sequoia Capital, Founders Fund, and Lightspeed Venture Partners

Cons

  • Highest interest rates and cash back are locked behind the paid Plus and Pro subscription tiers
  • Customer support leans more on email and self-service tools compared to some competitors' live support
  • As a fintech rather than a chartered bank, deposits rely on third-party partner-bank relationships
  • No physical branch network, which may not suit business owners who prefer in-person banking

Soldo

Pros

  • Combines company cards and expense software into a single platform, reducing manual expense reports
  • Granular spending controls help prevent budget overruns before transactions happen
  • Multi-currency support and OCR receipt capture are useful for international or high-volume spending teams
  • Backed by significant funding and an established presence in the UK and European markets
  • 30-day free trial available on the Standard and Plus plans

Cons

  • Pricing is per plan plus per-card issuance fees, which can add up for larger card fleets
  • Unlimited plan requires a sales demo rather than transparent self-serve pricing
  • Primarily focused on the UK and European markets, which may limit fit for US-only companies
  • Some advanced integrations like SAP Concur are limited to the top-tier plan

Use Cases

Choose Found: US-based solo founders, freelancers, or self-employed individuals who want a free Core plan ($0/month) checking account bundled with automatic bookkeeping, tax write-off tracking, and unlimited contractor payments with free 1099-NEC generation.
Choose Soldo: UK or European teams of three or more that need company cards with proactive spend limits and approval workflows, multi-entity wallet hierarchies, and FCA-regulated custody of funds, starting at £21/month + VAT.
Need both: There's little realistic overlap since Found targets US solo operators while Soldo serves multi-user European teams; a business would need to be both US-based for Found's banking and tax tools and running a UK/EU entity with multiple cardholders for Soldo, a narrow edge case rather than a common pattern.

Found

  • Freelancer and gig worker banking — Independent contractors manage income, expenses, and tax set-asides in one account instead of juggling separate tools.
  • Contractor payments for small teams — Small business owners pay 1099 contractors and automatically generate year-end tax forms without a separate payroll platform.
  • Client invoicing and cash flow tracking — Service-based businesses send invoices and track payment status directly within their banking account.

Soldo

  • Departmental Budget Control — Finance teams issue cards to each department with preset budgets so spending stays within limits without manual approval chains for every purchase.
  • Employee Expense Cards — Businesses replace expense reports and reimbursements with prepaid cards that automatically capture receipts and categorize spend.
  • Project and Client Spend Tracking — Agencies and project-based businesses use separate wallets per client or project to track and bill back spend accurately.

Frequently Asked Questions

Is Found available outside the US?

Not documented. Found is a US business banking platform; Soldo serves 31 European countries.

Does Found charge a monthly fee?

The Core plan is free; Found Plus ($35/month) and Found Pro ($80/month) add features like higher APY and cash back.

Does Soldo help with bookkeeping and taxes?

Not documented. Soldo focuses on spend management and integrates with accounting software rather than performing bookkeeping itself.

Which tool is better for paying contractors?

Found, with unlimited contractor payments, no per-contractor fees, and automatic 1099-NEC generation.

Is Soldo regulated?

Yes, Soldo is regulated as an Electronic Money Institution by the UK's Financial Conduct Authority.

Does Found offer a free trial?

Not documented; Found instead offers a free-forever Core plan rather than a time-limited trial.

Read the full Found review · Read the full Soldo review