Airwallex alternative

An Airwallex alternative for Australian small businesses

Discover why ANNA Money is the best Airwallex alternative for small businesses in Australia.

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Single shareholder only

Smartphone screen showing company registration confirmation for THE HAPPINESS COMPANY PTY LTD with ACN 004 085 616, registered on 22 November 2024, marked as completed.

Why pick ANNA Money instead of Airwallex?

Airwallex doesn't help with bills, bookkeeping, accounting, or taxes. With Airwallex, you still need to pay for other tools to manage all your business money tasks. But ANNA Money gives you one simple place to handle all your business papers, send bills, and stay on top of taxes besides making it easy to set up a company, do your accounting, and handle taxes.

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Easy company setup

With ANNA Money, you can quickly set up a company in Australia and get an office address in just minutes. It's simple and fast, perfect for small businesses.

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All your papers in one place

Keep all your receipts, bills, and company papers in one safe, easy-to-reach spot. We match everything up right away, so it's easy to keep track of your paperwork.

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Stay on top of taxes

Never miss a due date again! ANNA Money gives you a personal tax calendar to track when you need to report taxes. Get tips on paying less tax and get advice from experts.

ANNA

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Company registration

Registered office address

Get a registered office address included.

Personalized tax calendar and reminders

Stay tax-compliant with real-time updates.

Integrated banking

Providing you with Visa debit cards.

Document storage

Storage for receipts, and business documents.

Flexibility and cash flow

Approach to tax deductions and accessible funds.

Pricing transparency

How transparent the pricing is and are there any hidden fees.

Additional benefits

Why ANNA Money is perfect Airwallex alternative for small businesses

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Mobile screen showing a chat about invoicing Desmond & Walsh with a draft invoice of $1,296.00 ready for review and confirmation.

Income distribution

Hnry requires you to hold up to 55% of your income in a trust account, restricting access to your earnings. ANNA Money, on the other hand, allows you to allocate up to 100% of your income as you see fit, ensuring better cash flow management.

Two smartphones display a financial app showing an account summary with balance, transactions, invoices, and a payment link for The Happiness Company.

Fixed monthly subscription

Hnry charges 1% of your income up to a maximum of $1,500 annually. ANNA Money offers a straightforward subscription at $50 per month, including access to an accountant or the option to bring your own.

User interface showing a financial transactions dashboard with accounts, income, expenses, VAT details, and export options.

Income and tax payments

With Hnry, your invoice payments go to a trust account where taxes are deducted before you receive the remaining funds. ANNA Money deposits all your income directly into your account, allowing you to manage your tax payments independently.

Invoice dashboard showing draft invoice of $1,296.00 for Desmond & Walsh with option to review and confirm.

Automated receipt reconciliation

Hnry requires manual logging of expenses and receipts, which is time-consuming and prone to errors. ANNA Money offers automated receipt reconciliation—simply scan or upload your receipts, and they are automatically matched with your transactions.

Mobile app screen showing a $120.87 notification for potential tax savings and a bookkeeping score of 78% on a colored gauge from red to green.

Professional invoice templates

Hnry does not offer customizable invoice templates. ANNA Money provides multiple templates that can be tailored to your brand, allowing you to customize colors down to the HEX code.

Visa debit card

Hnry does not offer debit cards for expense tracking. ANNA Money provides multiple debit cards, compatible with Google and Apple Pay, to simplify expense tracking and eliminate manual entries.

Make payments

Hnry does not support bill payments, requiring you to use another app. ANNA Money lets you send payments and pay bills directly, with automatic expense categorization.

FAQ

Who is ANNA for?

We’re currently open to any Australian resident who is a director of a limited company or a non-limited business that is structured as a company or sole trader.

Is ANNA a bank?

ANNA is a mobile business account that provides admin support and tax reminders, not a bank. Your ANNA business account comes with a debit card, an account number, and a sort code, but we do not offer credit or loans. Our app supports busy people through brilliant AU-based customer service.

Who can register a company?

Anyone over the age of 18 in Australia. You must also have at least 1 director who resides in Australia (for tax purposes) and have a registered address in Australia. At the moment, we’re registering a company with a single director and shareholder and accepting applications from Australian residents only.

What types of businesses can I register with ANNA?

We can currently register a Proprietary (private) company limited by shares with one director and shareholder. This company can’t be a trustee of a superannuation fund.

Airwallex alternative

An Airwallex alternative for Australian small businesses