Relay vs Found (2026): Business Banking for Teams vs Freelancers

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Updated October 31, 2026. Checked on Relay’s and Found’s websites on this date.

Note: Both companies are financial technology companies, not banks; banking services are provided by FDIC-member partner banks. APYs are variable. This page isn’t financial advice.

Relay and Found both offer free business accounts with paid upgrades, but they’re built for different businesses. Relay is designed around multiple accounts, bill pay and teams. Found is designed for the self-employed, with tax and bookkeeping tools built in.

The short answer

• Choose Relay if you have a team, multiple accounts to manage, or want to run a profit-first budget.
• Choose Found if you’re a freelancer or sole proprietor who wants tax estimates, invoicing and 1099s in your bank app.

Relay vs Found at a glance

	Relay	Found
Free plan	Starter: up to 20 checking + 2 savings accounts	Found: checking, up to 20 Pockets, tax estimates, invoicing
Paid plans	Grow $30/mo; Scale $120/mo	Plus $35/mo ($315/yr); Pro $80/mo ($720/yr)
APY	Savings: 1.19% / 1.87% / 3.21% by plan	1.50% up to $20K (Plus); 2.50% (Pro)
Outgoing domestic wire	$8 (Starter); $5 on paid plans	$15; $10 on Pro
Card cash back	1%–1.5% by plan	1% on Pro (terms apply)
Tax tools	Integrates with accounting software	Built-in tax estimates; quarterly tax payments on Plus
FDIC coverage	Up to $3M via Thread Bank sweep	Up to $250K at Lead Bank

Where Relay wins

• Multiple accounts for free, ideal for profit-first budgeting.
• Cheaper wires and cash back on card spend from the free plan.
• Higher FDIC coverage through its sweep program.

Where Found wins

• Taxes built in. Real-time tax estimates and 1099 e-filing on the free plan.
• Bookkeeping included. Receipt scanning, categorization and P&L reports.

Our verdict

For freelancers and solo owners, Found saves time at tax season. For businesses with employees or more complex cash flow, Relay is the stronger platform. See all four options in our business bank account guide.

See all four in our guide to the best business bank accounts, or read Novo vs Bluevine.