Wallester
Free business IBAN account with cards and expense management
About Wallester
Wallester is an Estonia-based fintech that offers free business IBAN accounts, unlimited virtual and physical Visa cards, and real-time expense management for European companies. It also provides a white-label card issuing platform with a REST API for fintechs and enterprises that want to launch their own branded card programs.
Pros & Cons
Pros
- Genuinely free core plan with no setup fees or monthly cost
- Unlimited physical card issuance and 300 free virtual cards
- Visa Principal Member status and PCI DSS certification add credibility
- Strong accounting integrations (Xero, Sage, QuickBooks, NetSuite)
- White-label REST API for fintechs that want their own branded cards
Cons
- Primarily focused on EU and UK markets - limited availability elsewhere
- Extra virtual cards cost €0.35/month each beyond the free allotment
- Higher tiers jump significantly in price (€199 to €999/month)
- Less brand recognition than incumbents like Revolut Business or Wise
Key Features
Free Business IBAN Account
Multi-currency IBAN account with no setup or monthly fees for European businesses and freelancers.
Virtual & Physical Visa Cards
Issue unlimited physical cards plus up to 300 virtual cards instantly on the free plan, with mobile wallet support via Apple Pay and Google Pay.
Real-Time Expense Management
Track spending across the team in real time, set per-card limits, and approve transactions from a central dashboard.
Accounting Integrations
Sync transactions and receipts with Xero, Sage, QuickBooks, and Oracle NetSuite to streamline bookkeeping.
Receipt Capture
Employees upload receipts directly to each transaction so finance teams can reconcile expenses without chasing paperwork.
White-Label Card Issuing Platform
Visa-certified, PCI DSS compliant platform that lets fintechs and enterprises launch branded prepaid, debit, and credit card programs via REST API.
Spend Controls & Budgets
Configure card-level and team-level budgets, merchant category restrictions, and one-time-use virtual cards for subscriptions and ads.
Built-In Compliance & Fraud Monitoring
KYC/AML checks, 3D Secure authentication, and ongoing fraud monitoring built directly into the platform.
Pricing
- 300 virtual cards included
- Unlimited physical cards
- Unlimited users
- Real-time support
- Open Developer API access
- Onboarding assistance
- 3,000 virtual cards included
- Everything in Free
- Priority support
- 15,000 virtual cards included
- Everything in Premium
- Advanced configuration options
- Custom card volumes
- Dedicated account manager
- Customer Success Manager
- 24/7 priority support
- Custom contracts and SLAs
Best For
Employee Expense Cards
Issue branded virtual or physical Visa cards to employees with per-card budgets and instant freeze controls.
Subscription & Ad Spend Management
Spin up single-use virtual cards for SaaS subscriptions and ad platforms to prevent surprise charges and simplify tracking.
Fintech Card Program Launch
Use the white-label platform and REST API to launch a branded card program without becoming a Visa principal member yourself.
Freelancer Business Banking
Open a free multi-currency IBAN account to separate business finances and accept payments across Europe.
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