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FoundBusiness checkingBest for sole proprietors

Found Small Business Banking Review

Our take: Free business banking with bookkeeping and tax tools built in, made for freelancers and sole proprietors. No interest on the free plan.

Monthly fee$0
APYNone
Outgoing wire$15
Cash deposits79,000+ retailers
Learn more Goes to Found’s website.
4.0out of 5BankingPicks rating
Fees 30%4.0
Cash, ATMs and transfers 20%4.5
App and support 15%5.0
Safety and coverage 15%4.0
APY 10%0.0
Minimums 10%5.0

Weights in italics. APY scores are set against a 2.00% benchmark. App and support is based on App Store and Google Play ratings. See the methodology.

Pros

  • Free plan with bookkeeping and tax tools
  • Cash deposits at 79,000+ retailers
  • Highly rated app and 24/7 chat

Cons

  • No interest on the free plan
  • $15 outgoing wires
  • Standard $250,000 coverage only

Key facts

Paid plans
Plus $35 a month; Pro $80 a month
Tools
Bookkeeping, expense tracking and tax estimates
ATMs
Any Mastercard ATM, no Found fee; $550 daily limit
Partner bank
Lead Bank (FDIC 8283)
Minimum to open
$0
Monthly fee
No monthly fee (free plan)
ATM access
Any Mastercard ATM (no Found fee)
Insurance
FDIC insured through Lead Bank up to $250,000
FDIC certificate
8283 (Lead Bank, Kansas City, MO)
Who can open
Sole proprietors, LLCs, corporations and partnerships in the US
Mobile app
Found app: 4.8 on the App Store, 4.6 on Google Play (Sep 28, 2026)
Customer service
Phone Monday to Friday, 8am to 5pm PT; chat 24/7

Source: Found website, checked Oct 27, 2026. Insurance details from the FDIC BankFind database.

Our verdict

Found is designed for sole proprietors and freelancers. The free plan includes business checking with built in expense tracking, bookkeeping and tax estimates, unlimited ACH transfers and a Mastercard debit card that works at any Mastercard ATM without a Found fee.

The free plan does not pay interest, outgoing wires cost $15, and coverage is the standard $250,000. Found is a financial technology company, not a bank; accounts are held at Lead Bank.

Cash deposits

You can deposit cash at more than 79,000 retailers. The first deposit each month is free, then $2, with limits of $2,000 per 7 days and $4,000 per 30 days.

How we rated it

It earns top marks for app and support, and loses points on coverage, wire fees and paying no interest on the free plan. It scores 4.0 out of 5 on our scorecard for this category. See how we score on the comparison page and our methodology.

How Found compares

AccountRatingMonthly feeAPY
Axos Basic Business Checking4.4$0None
Bluevine Business Checking4.3$01.30%
American Express Business Checking4.2$01.00%
Relay Business Checking4.1$0None
Found Small Business Banking4.0$0None

See the full business checking ranking →

Found business checking FAQ

Is Found a bank?

No. Found is a financial technology company. Banking services are provided by Lead Bank, Member FDIC.

Is Found free?

Yes, the free plan has no monthly fee. Plus and Pro are paid plans with extra features and interest.

Is Found good for sole proprietors?

It is designed for them, with bookkeeping, expense tracking and tax estimates built in.

Ready to open Found Small Business Banking?

Confirm the current rate and terms on the provider’s site before you apply.

Learn more
BankingPicks Editorial Team

We compare banking products on published scorecards and check every figure against the provider’s own website. We don’t accept payment for rankings. Editorial policy · Methodology