Monzo Business vs Tiime: Complete Comparison (2026)
An in-depth comparison of Monzo Business and Tiime 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.
Tiime
6.4/10
French invoicing, pre-accounting and business banking app for freelancers and small companies, with a shared workspace for their chartered accountant.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.5/10 | 6.4/10 |
| Analytics | 4/10 | 5/10 |
| Compliance | 7/10 | 7/10 |
| Cost | 8/10 | 8/10 |
| Customization | 4/10 | 5/10 |
| Ease of Use | 9/10 | 8/10 |
| Integration | 6/10 | 5/10 |
| Scalability | 3/10 | 4/10 |
| Security | 7/10 | 6/10 |
| Support | 6/10 | 7/10 |
| Pricing | ||
| Free plan | Yes | Yes |
| Cheapest paid plan | £9/mo Pro | €10/mo Initial (0-1 employee) |
| Estimated cost for 10 users | £25/mo Team | Free Free |
| Features | ||
| Accountant Access | ||
| Corporate Cards | ||
| Expense Management | ||
| Invoicing | ||
| Online Payments | ||
| Tax Compliance | ||
| Bank Reconciliation | Not listed | |
| Budgeting and Forecasting | Not listed | |
| Financial Reporting | Not listed | |
| General Ledger | Not listed | |
| Multi-currency | Not listed | |
| Payroll | Not listed | |
Monzo Business vs Tiime cost by team size
| Team size | Monzo Business | Tiime |
|---|---|---|
| 1 user | £9/moPro | FreeFree |
| 5 users | £25/moTeam | FreeFree |
| 10 users | £25/moTeam | FreeFree |
| 25 users | FreeLite | FreeFree |
| 50 users | FreeLite | FreeFree |
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
- Higher Ease of Use score (9/10 vs 8/10)
- Higher Integration score (6/10 vs 5/10)
Why choose Tiime
- Higher Analytics score (5/10 vs 4/10)
- Higher Customization score (5/10 vs 4/10)
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
Tiime
Pros
- Invoicing is free on every tier, with no limit on the number of quotes and invoices, plus e-invoicing through Tiime's registered platform.
- The business's accountant can see its data for free, and around 2,000 accounting firms are reported as partners.
- Bank sync categorises transactions automatically, and receipts can be captured by phone, which cuts pre-accounting work.
- Paid plans come with a 60-day trial, and the entry plan costs 9.99 euros a month.
- Users rate it highly, with about 4.8 out of 5 on Google and Trustpilot.
Cons
- Tiime only does pre-accounting. The full ledger and the tax return package are left to an accountant using Tiime's separate production tool.
- The business account cannot send transfers outside the euro zone and offers no overdraft.
- Reviewers say modules cannot be bought on their own, and the free plan is fairly limited for running a business.
- Users have reported occasional bugs, including after one update on Mac.
- It is aimed at the French market and at companies with up to 20 employees. Larger firms must request a quote.
Not sold on either?
Frequently Asked Questions
Monzo Business scores higher on our Finance Software criteria: 6.5/10 against 6.4/10 for Tiime. The largest gap is in Analytics: 4/10 for Monzo Business and 5/10 for Tiime.
Yes, both Monzo Business and Tiime have a free plan.
