Intergiro business banking review
Intergiro is a Sweden-based digital banking platform that offers business banking, embedded financial services, and multi-currency accounts. It is designed for startups, e-commerce businesses, and fintech companies seeking fully digital financial solutions.
Key features of Intergiro
1. Business current accounts
- Multi-currency IBANs: Hold and transact in multiple currencies.
- Fast digital onboarding: Open an account online with minimal paperwork.
- No physical branches: 100% online banking solution.
- SEPA and SWIFT payments: Send and receive international transactions.
2. Embedded financial services
- Banking-as-a-Service (BaaS): Businesses can integrate Intergiro’s financial services into their own platforms.
- Custom payment solutions: Enables companies to build their own payment processing infrastructure.
- White-label banking options: Businesses can offer financial products under their own brand.
3. Expense and payment management
- Corporate Visa cards: Virtual and physical debit cards for business expenses.
- Automated reconciliation: Simplifies financial record-keeping.
- Bulk payment processing: Supports high-volume business transactions.
4. Digital banking and security
- Advanced API integrations: Automate financial processes with developer-friendly APIs.
- Real-time transaction monitoring: Ensures security and fraud protection.
- Two-factor authentication (2FA): Enhances account security.
Intergiro fees and pricing
1. Business account fees
- Monthly account fee: Custom pricing based on business needs.
- Transaction fees: Charges apply for international and SWIFT payments.
- Multi-currency fees: Exchange rates and conversion fees may apply.
2. Card and payment fees
- Corporate card issuance: Fees may apply for physical and virtual cards.
- ATM withdrawals: Charges depend on the location and withdrawal amount.
- Foreign transaction fees: Applicable for non-SEPA transactions.
3. Additional costs
- API access fees: Businesses integrating Intergiro services may incur additional costs.
- Custom BaaS pricing: Based on usage and service level agreements.
Pros and cons of Intergiro
Pros
- Multi-currency business banking for international transactions.
- Embedded financial services for fintech and e-commerce companies.
- Fast digital onboarding with automated KYC processes.
- Corporate Visa cards for business expense management.
- Developer-friendly APIs for custom integrations.
Cons
- No personal banking services, focused solely on business clients.
- Limited customer support hours compared to traditional banks.
- Not available for all industries, with strict compliance requirements.
- Transaction fees apply for international payments.
How Intergiro compares to competitors
| Feature | Intergiro | Wise Business | Revolut Business | Starling Business |
|---|---|---|---|---|
| Multi-currency accounts | Yes | Yes | Yes | No |
| Monthly fees | Custom pricing | Free – £100+ | Free – £100+ | Free |
| Embedded financial services | Yes | No | No | No |
| Corporate Visa cards | Yes | Yes | Yes | Yes |
| API integrations | Yes | No | Limited | No |
| Ideal for | Fintech, e-commerce, startups | SMEs, freelancers | SMEs, startups | UK-based SMEs |
Who should use Intergiro?
- Fintech startups and e-commerce businesses: Offers embedded banking and payment processing.
- Companies needing multi-currency accounts: Ideal for businesses operating across multiple regions.
- Tech-driven businesses: API integrations allow for automation and custom solutions.
- Businesses with high-volume transactions: Supports bulk payment processing and corporate cards.
Our verdict
Intergiro is a specialist digital banking provider focused on multi-currency accounts, embedded finance, and API-driven banking solutions. It is an ideal choice for fintech companies, e-commerce platforms, and startups needing customisable, scalable financial services.
However, it is not suited for individuals or businesses needing traditional banking services. For businesses seeking advanced banking-as-a-service (BaaS) and API-driven financial solutions, Intergiro offers a modern and efficient alternative to conventional banks.