Business banking for solopreneurs

Xolo features integrated business banking so you can always be on top of your transactions.

Sign up
Trustpilot widget stars
Image of Wirecards
Business & banking
Set up a business and start getting paid quickly.
Remote setup available
You can get your account going without the need to travel.
Flexible & secure
Choose between opening an account in a EU bank or EMI

business and banking

Xolo offers a rare opportunity - you can start doing business in no time and we'll also assist you with getting a bank account. You'll get a dedicated IBAN and you can start getting paid as soon as your account is open.

Invoice illustration

Xolo Go

Gets you going quickly. You can start invoicing and get a business bank account without setting up a real company.

  • Available immediately after setup
  • A United Kingdom IBAN
  • Transfers to your personal account available anytime
  • Invoicing and expense reporting fully integrated with your company account
Calculator illustration

Xolo Leap

Set up your own company with the help of e-Residency and get access to business banking with an EMI or a EU bank featuring deposit guarantee.

  • Get a €100,000 deposit guarantee, business debit card and an Estonian IBAN with LHV Bank
  • Or get going quickly and remotely by opting to go with Wise

Opening account


With Xolo Go, you’ll get access to your IBAN as soon as you’re signed up and verified. You don’t need to do anything else.

With Xolo Leap, choose between Estonian bank LHV which requires a 1-time visit to Tallinn or go with Wise to enjoy completely remote account opening.

Remote onboarding image

Transparent pricing

Little to
no extra cost

With Xolo Go, business banking is completely integrated into your account which means that there is no separate fee for your bank account.

With Xolo Leap, LHV or Wise pricelists will apply. However, Xolo's customers benefit from a 50% discount when opening an LHV account.

Image of no hidden fees illustration

& reliable

Keep track easily
All of your transactions are visible on the Xolo self-service platform.
Deposit guarantee
With Xolo Leap banking, your money is guaranteed up to €100,000.
Reliable partners
Bank accounts are operated by our licensed banking partners.
Image of online banking Image of business expenses Image of withdrawals Image of salary dividends


Use your online dashboard to keep track of all your business-related transactions.

The account can be used to pay for business expenses.

With Xolo Go, make withdrawals to your personal bank account anytime.

With Xolo Leap, you’ll be able to pay yourself a salary or dividends.


In addition to Xolo integrated banking, you can also opt for other service providers such as Wise, Stripe or PayPal.

Image of Banking integrations
If you need an Estonian IBAN for your Xolo Leap company, you can opt for an Estonian bank LHV.
If you need to be paid in multiple currencies, we’d recommend getting a Wise account for your business.
You can link your Xolo Leap account to payment gateways, including Stripe and PayPal, so you can be paid via these into your Xolo banking account directly.

The Full Breakdown

Take a look at the comparison between different banking options here.

asked questions, answered

There are no monthly fees for our integrated banking. It comes as part of your Xolo account.

However, with Xolo Leap, you’ll still need to pay for currency conversion, a new card in case of loss, or for a returned direct debit. You can find the full list of fees here.

There are. You can opt for an account with Estonian bank LHV, or fintech company Wise. If you’re planning to work across multiple currencies we’d recommend getting a Wise account for your business anyway. Take a look at the comparison between different banking options. For Xolo Go, we are also working with Railsbank.

Yes. With Xolo Leap, your money is guaranteed up to €100,000 by the EU deposit guarantee.

With Xolo Go, the banking services are provided by Xolo's banking partner Railsbank. The funds are kept on Xolo Go customer accounts in Railsbank and the transfers initiated by you are executed by Xolo. The EU deposit guarantee does not apply for business accounts used in Xolo Go.