Banking tools must be reliable to support small business owners. The right digital bank simplifies money management and keeps cash flow steady. Digital banks for small business provide inclusive solutions that remove barriers and deliver features built for growth. They also reduce unnecessary fees that eat into profits. With better control of transactions, owners can focus more on growing their business.
Here, you will find digital banks designed for small business. The focus is on cash flow, efficiency, and ease of use.
Let’s see the list now –
1. Found – Best for Freelancers and Self-Employed
Found gives freelancers and solo owners a full banking toolkit. Moreover, it combines checking, invoicing, tax tools, and bookkeeping. As a result, users track income with ease. In addition, taxes are set aside automatically. Finally, expenses are managed without extra software.
Moreover, Found supports cash flow by offering instant payment options. In addition, it also provides automated tax estimates, helping business owners avoid surprises. Furthermore, its simple app design makes it easy to use daily. Finally, among digital banks for small business, it offers an easy app for everyday tasks.
Features –
- Built-in invoicing and expense tracking
- Tax tools with automatic savings
- FDIC-insured checking account
Account Opening Fees – No opening fee
Plans –
- Standard – Free
- Found Plus – $19.99/mo or $149.99/yr
Strengths –
- No monthly fees
- Perfect for freelancers and gig workers
- All-in-one solution for taxes and banking
Limitations –
- No advanced team features
- Limited to U.S.-based businesses
Related – 10 Best Business Bank Accounts with No Credit Check for Digital Nomads
2. Relay – Best for Multiple Accounts
Relay allows businesses to open up to 20 checking accounts. Therefore, this helps owners separate cash for taxes, payroll, and daily expenses. As a result, it provides clearer control over money flow. Furthermore, Relay integrates smoothly with QuickBooks. Moreover, it also connects easily with Xero.
In addition, it provides multi-user access. Consequently, it is ideal for small teams. Additionally, transfers are fast, and fees are transparent. Finally, transfers are fast, and fees are transparent, making Relay one of the most reliable digital banks for small business.
Features –
- Up to 20 checking accounts
- Multi-user permissions
Account Opening Fees – No opening fee
Plans –
- Starter – $0
- Pro – from $30/monthly
Strengths –
- Easy account separation
- Transparent fee structure
- Strong in team management
Limitations –
- No physical branches
- Cash deposits limited
3. Bluevine – Best for High-Yield Checking
Bluevine offers up to 2.0% APY on balances up to $250,000. Thus, it helps small business owners earn while managing daily cash flow. Furthermore, it also provides credit lines for extra flexibility. In addition, it supports bill pay directly from the dashboard. Moreover, its high FDIC insurance limits add peace of mind. Consequently, Bluevine has become a trusted option for business banking.
Additionally, Bluevine charges no monthly fees. Moreover, payments are processed quickly. In addition, transfers happen without delay. Furthermore, account setup is simple and takes only minutes.
As a result, business owners save both time and costs. Finally, the dashboard is intuitive, making Bluevine one of the top digital banks for small business.
“I like that Bluevine helps me keep cash flow steady without surprise fees,” said Daniel, a small business owner in Texas.
Features –
- 2.0% APY checking account
- Lines of credit available
- Online bill pay system
Account Opening Fees – No opening fee
Plans –
- Standard – $0
- Plus -$30/monthly (waivable)
- Premier – $95/monthly (waivable)
Strengths –
- High interest on balances
- No monthly fees
- Fast approvals for credit
Limitations –
- No physical branches
- Credit is not available in all states
4. TD Bank – Best for Local Support
TD Bank is a traditional name with digital convenience. Next, it offers online banking plus in-person branches. Consequently, it is useful for owners who want both. Furthermore, it blends traditional trust with modern digital tools. In addition, it provides flexibility for small business operations. As a result, many owners see it as a dependable choice.
Moreover, TD provides business checking, credit cards, and loans. In addition, it also features 24/7 customer service, making it one of the most trusted digital banks for small business.
Additionally, it offers tailored solutions. Likewise, advisors guide long-term planning. Finally, TD Bank balances local support with digital efficiency.
“I appreciate that TD Bank gives me both digital tools and a local branch when I need it,” said Maria, a small business owner in New York.
Features –
- Mix of digital and in-person banking
- Credit cards and loans are available
- 24/7 support
Account Opening Fees – No opening fee; $25 minimum opening deposit.
Plans –
- Monthly fees waived for the first 3 months
- Multiple small-business tiers available
Strengths –
- Trusted brand with physical presence
- Strong customer service
- Full-service business banking
Limitations –
- Monthly fees on some accounts
- Limited free transactions
5. Mercury – Best for Startups
Mercury targets startups and tech firms. It provides FDIC-insured checking, API access, and venture debt options. Therefore, it supports high-growth companies from the start. Furthermore, it integrates with modern tools startups already use. In addition, its security features provide peace of mind. Consequently, Mercury offers flexibility that matches the pace of scaling companies.
In addition, it offers virtual cards, instant payments, and smart dashboards. Moreover, its streamlined setup ranks among the fastest in the market. As a result, Mercury has become a reliable choice for many entrepreneurs seeking digital banks for small business.
In turn, it allows founders to focus more on growth than banking. Likewise, its transparent pricing avoids hidden costs that slow down young companies. Finally, Mercury delivers the balance of speed and stability that startups value most.
“I like that Mercury gives me modern tools with quick setup and no unnecessary delays,” said James, a startup founder in California.
Features –
- FDIC-insured accounts
- API banking tools
- Venture debt options
Account Opening Fees – None
Plans – Core banking – $0; some advanced features carry usage fees.
Strengths –
- Great for startups and tech
- Fast onboarding
- Streamlined, user-first design
Limitations –
- No cash deposits
- Limited to online-only services
Also read – 15 Best Bank Accounts for Digital Nomads & International Travelers
6. Novo – Best for Small E-commerce
Novo works well with Shopify, Stripe, and Etsy sellers. Furthermore, it also connects with more than 15 apps. In addition, these apps cover bookkeeping and payments. Thus, it helps online businesses manage sales effectively. As a result, cash flow becomes easier to control.
In addition, Novo has no monthly fees. Additionally, it also refunds all ATM fees. Moreover, its mobile-first design makes banking simple. As a result, entrepreneurs who work remotely benefit greatly.
Ultimately, Novo delivers the right mix of features found in the best digital banks for small business. For this reason, many e-commerce owners consider Novo a reliable partner. Finally, its flexible approach continues to attract growing online businesses.
Features –
- E-commerce integrations
- Free ACH transfers
- Unlimited ATM fee refunds
Account Opening Fees – None
Plans – Single plan with no monthly fees or minimum balance.
Strengths –
- No hidden fees
- Strong integrations
- Fast online setup
Limitations –
- No in-person deposits
- No credit lines
7. Grasshopper – Best for Cashback Rewards
Grasshopper combines high-yield checking with cashback debit cards. Therefore, it helps businesses earn from spending while also managing cash effectively. In addition, it provides treasury management tools for scaling firms. Moreover, its digital-first design ensures smooth navigation and easy access.
As a result, Grasshopper has become a valuable option among digital banks for small business. Consequently, many entrepreneurs choose Grasshopper for its blend of rewards and usability. Finally, it offers long-term advantages for small firms that want both growth and control.
“I like that Grasshopper lets me earn cashback while keeping my finances organized,” said Laura, a small business owner in Florida.
Features –
- Cashback debit card
- High-yield checking
- Treasury tools
Account Opening Fees – No opening fee; $100 minimum opening deposit
Plans – Innovator Business Checking – no monthly fees
Strengths –
- Earn cash back on expenses
- Strong digital tools
- Easy online use
Limitations –
- No physical branches
- Limited advanced lending
8. NorthOne – Best for Integrations
NorthOne connects with Shopify, Amazon, PayPal, QuickBooks, and more. Thus, it fits businesses using multiple platforms with ease. In addition, it supports over 300 app integrations.
Moreover, this makes the platform highly versatile. As a result, owners streamline their finances more easily. Consequently, they avoid juggling too many separate tools.
It charges a flat monthly fee, which covers unlimited transactions. Moreover, cash deposits are available through ATMs nationwide. In addition, payments and transfers are processed quickly with no hidden costs.
Consequently, NorthOne provides predictability and value for small business owners.
Features –
- 300+ app integrations
- Unlimited transactions
- Cash deposits supported
Account Opening Fees – No opening fee
Plans – Standard – $30/mo or $25/mo billed annually
Strengths –
- Predictable flat fee
- Broad integrations
- Good for retail and online stores
Limitations –
- Monthly subscription cost
- No credit products
9. Axos Bank – Best for No ATM Fees
Axos is one of the oldest digital-first banks. It offers unlimited domestic ATM reimbursements and no monthly fees. Moreover, its long history gives business owners added confidence in its services.
Additionally, it provides multiple business account types. It also allows cash deposits through partnered ATMs. In addition, its online dashboard makes managing accounts straightforward and efficient.
As a result, entrepreneurs gain both flexibility and convenience. Ultimately, Axos proves to be a practical option for small businesses nationwide.
“I like that Axos saves me money on ATM fees while still giving me flexible account options,” said Robert, a small business owner in Chicago.
Features –
- Unlimited ATM fee refunds
- Multiple business account options
- Cash deposits supported
Account Opening Fees – None; moreover, no initial deposit is required (Basic Business Checking)
Plans – Basic Business Checking is $0 monthly; furthermore, other tiers are available.
Strengths –
- No monthly fees
- Nationwide ATM access
- Longstanding digital bank
Limitations –
- Limited in-person support
- May require higher balances
Recommended read – 12 Best Bank Accounts for Rental Properties You Must Open in 2025
10. Lili – Best for Solo Entrepreneurs
Lili is built for independent workers and small shops. It combines checking with tax savings and expense tracking. In addition, it provides built-in tools to separate business and personal expenses. As a result, freelancers can manage money without needing extra software.
Moreover, it offers early payment access and automated savings features. Its mobile-first design makes banking simple and convenient. In addition, it helps users set aside taxes automatically. Consequently, Lili ensures smoother money management for entrepreneurs on the go.
Furthermore, it provides instant spending notifications for better tracking. Also, it integrates with accounting software for added efficiency. Hence, it keeps solo entrepreneurs organized and financially secure.
“I like that Lili gives me tax tools and early access to my earnings,” said Rachel, a solo entrepreneur in Miami.
In summary, Lili stands as a valuable solution in digital banks for small business.
Features –
- Expense tracking and tax tools
- Early direct deposit
- Mobile-first app
Account Opening Fees – None (Lili Basic)
Plans –
- Basic – Free
- Pro – $15/monthly
- Smart – $35/monthly
- Premium – $55/monthly
Strengths –
- Tailored for freelancers
- Tax savings built in
- User-friendly app
Limitations –
- No business credit cards
- Limited advanced features
To Wrap Things Up!
Digital banks for small business make money management simple. Reduce fees with ease. Improve cash flow quickly. Save valuable time daily. Small business owners gain practical solutions. They also provide smarter tools for growth. Stronger support means fewer hurdles in daily operations.
With the right digital bank, you can focus on running your business. It also helps you maintain steady and secure finances.
Expert Guidance for Digital Banking and Small Business Relocation
At Relo.AI, we help small business owners choose digital banks that simplify finances and strengthen cash flow.
Moreover, from selecting the right account to using built-in tools for payments, savings, and bookkeeping, we provide clear direction.
Also, if you are scaling operations or relocating to a new market, we provide complete small business relocation services along with managing banking needs for a smooth transition.
Have questions about banking solutions and small business relocation?
Schedule a FREE session with us and learn how the right digital bank can steady your cash flow and support your next business relocation.
