Edited by Alexander Malygin
Updated on: 25 May, 2022
Money Service Business
Coconut is a complete banking & accounting solution for self-employed people with automatic expense management, receipt capture, and invoicing. Coconut connects to users' bank account to help them track income, claim expenses and work out how much tax they owe. With an overview of their finances at their fingertips, it’s easy to work out how much users can afford to pay themselves or re-invest into their business each month.
Monthly Maintenance Fee
Sole trader great app im not very good at this sort of thing but this app makes it easier for me to understand
This service is so good, because of its good quality service and communication skills, as a small business, even though I have other service banks like this, theirs is exceptional. I value them so much.
Excellent for sole traders, so easy to use and lots of ideas for how to use. Simple interface.
Great mobile tool for invoicing and simple accounting. Web access makes this even better and easier to use for more complex tasks and reports. Gets better all the time.
I love coconut everything in one place for my business.
Everything you need in one place.
absolute time wasters from beginning to end. within one month of owning the card there was a security issue... new card had to be supplied, then they decide to increase the monthly payments when I had signed up for a free account (not a free trial). I still decided to stick with them despite this as changing banks would be a complete nightmare to sort out. After months of paying them a monthly fee they have decided to scrap bank accounts completely and have given all customers till June to do this!!! I have a big sales show in June where I need a business account ready set to take card payments, this will cause havoc in my small business, delays ordering stock, paying suppliers and now having to tell all my wholesale clients about another change in banks. Just use quickbooks and a better bank, they don't deserve your money.
Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.
On this page, you can see a detailed review of Coconut Payment systems with reviews from real users and our experts. Coconut provides the following services: Asset Management, Tax Advisory, Wallets.
At the moment, Coconut rating on Finscanner is 4 and on Trustpilot is 4.4.