Adelianz

Adelianz is developing EUR and multi-currency accounts with an IBAN in the company's name, currency conversion, SEPA and SWIFT payments, and reconciliation that matches incoming payments to invoices. The product is not yet open to customers, and the planned scope includes no payment cards.

The planned customers are small businesses that work with an accountant, with sole traders alongside them, and the company also plans a personal account for residents of the European Economic Area. Planned pricing has a free tier, a Pro plan at €19 per month and a Max plan at €29 per month, with FX margins from 1.00% down to 0.40%. Account and payment services would be provided by Currencycloud, a Visa solution, while Adelianz handles onboarding, software and reconciliation.

Adelianz OÜ was founded in 2018 and is headquartered in Tallinn, Estonia. The company says it will launch in Estonia first, where it has existing customers and operations, and later open to the wider EEA.

Product: Planned EUR and multi-currency accounts with an own IBAN, FX conversion, SEPA and SWIFT payments and automatic invoice reconciliation.