Monzo Business vs Procountor: Complete Comparison (2026)
An in-depth comparison of Monzo Business and Procountor to help you choose the right tool for your business.
Last updated: November 2026
Monzo Business
6.5/10
Monzo Business is an app-based UK business bank account for sole traders and limited companies. It includes invoicing, Tax Pots, expense cards and accounting software bank feeds.
Procountor
6.2/10
Finago Procountor is a browser-based Finnish financial management system covering invoicing, purchase invoices, bookkeeping and payroll for companies and their accounting offices.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.5/10 | 6.2/10 |
| Scalability | 3/10 | 7/10 |
| Analytics | 4/10 | 5/10 |
| Compliance | 7/10 | 7/10 |
| Integration | 6/10 | 7/10 |
| Security | 7/10 | 7/10 |
| Support | 6/10 | 5/10 |
| Cost | 8/10 | 5/10 |
| Customization | 4/10 | 6/10 |
| Ease of Use | 9/10 | 6/10 |
| Pricing | ||
| Free plan | Yes | No |
| Cheapest paid plan | £9/mo Pro | €4/mo First |
| Estimated cost for 10 users | £25/mo Team | €4/mo First |
| Features | ||
| General Ledger | ||
| Payroll | ||
| Accountant Access | ||
| Expense Management | ||
| Invoicing | ||
| Accounts Payable | Not listed | |
| Corporate Cards | Not listed | |
| Financial Reporting | Not listed | |
| Multi-currency | Not listed | |
| Online Payments | Not listed | |
| Tax Compliance | Not listed | |
Monzo Business vs Procountor cost by team size
| Team size | Monzo Business | Procountor |
|---|---|---|
| 1 user | £9/moPro | €4/moFirst |
| 5 users | £25/moTeam | €4/moFirst |
| 10 users | £25/moTeam | €4/moFirst |
| 25 users | FreeLite | €4/moFirst |
| 50 users | FreeLite | €4/moFirst |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Monzo Business
- Has a free plan (Procountor does not)
- Higher Cost score (8/10 vs 5/10)
- Higher Ease of Use score (9/10 vs 6/10)
- Better fit for freelancers (9/10 vs 6/10)
Why choose Procountor
- Higher Scalability score (7/10 vs 3/10)
- Higher Customization score (6/10 vs 4/10)
- Includes General Ledger, which Monzo Business lacks
- Includes Payroll, which Monzo Business lacks
Pros & Cons
Monzo Business
Pros
- The Lite plan is free and includes Making Tax Digital software
- Pro adds invoicing, Tax Pots and live feeds to Xero, QuickBooks, FreeAgent and Sage for £9 a month
- The Team plan adds expense cards, payment approvals and bulk payments for up to 15 users
- 24/7 in-app support on every plan
- Licensed UK bank with FSCS deposit protection
Cons
- Holds GBP only, and incoming foreign currency is converted at a 1% fee
- No general ledger or financial statements, so you still need separate accounting software
- Partnerships, LLPs, charities and non-UK businesses cannot open an account
- Cash deposits cost £1 each and are capped
- Reviews report frozen accounts and slow resolution, and there is no dedicated account manager
Procountor
Pros
- No per-user fees: the company and its accounting office can add unlimited users at no charge.
- Seven packages let you start at 4 euros a month and move up as transaction volume grows.
- Payroll, purchase invoice approval and invoicing are all in one Finnish-compliant system.
- A documented REST API with OAuth2, webhooks and a free test environment, plus third-party connectors.
Cons
- Prices rise steeply between packages, from 82.90 euros for Basic to 344.90 euros for Plus.
- Every transaction counts as a voucher, so overage charges can add up quickly.
- Built mainly for the Finnish market, with very few independent English-language reviews.
- Contract and cancellation terms are not stated clearly on the pricing page.
Not sold on either?
Frequently Asked Questions
Monzo Business scores higher on our Finance Software criteria: 6.5/10 against 6.2/10 for Procountor. The largest gap is in Scalability: 3/10 for Monzo Business and 7/10 for Procountor.
Monzo Business has a free plan; Procountor does not list one.
Monzo Business is the better fit for freelancers: we rate it 9/10 for them, against 6/10 for Procountor.
Procountor has General Ledger and Payroll, which Monzo Business lacks.
