Is Airwallex or sevdesk better?

Neither clearly leads. Airwallex starts at Free and sevdesk at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.

Which is cheaper, Airwallex or sevdesk?

Airwallex starts at Free and sevdesk at Free.

Does Airwallex or sevdesk run on more platforms?

Both run on Web, so platform support will not decide this one for you.

Can I use Airwallex for free?

Both have a free tier, so you can try either at no cost before committing.

What is Airwallex best used for?

Airwallex is most often used for an exporter invoicing customers in united states dollars and euros who wants to be paid into local details rather than receive wires with correspondent deductions, an agency or software company paying contractors across several countries every month and losing money on bank foreign exchange spreads, an e-commerce seller collecting on multiple marketplaces in different currencies who wants to hold rather than convert on every settlement, a startup that needs virtual cards with per subscription limits and cannot get a workable card programme from its local bank. Of those, an exporter invoicing customers in united states dollars and euros who wants to be paid into local details rather than receive wires with correspondent deductions and an agency or software company paying contractors across several countries every month and losing money on bank foreign exchange spreads are not what sevdesk is typically brought in for.

What can Airwallex do that sevdesk cannot?

Airwallex covers Multi currency balances, Local receiving accounts, Foreign exchange conversion, International payouts.

Accounting · head to head

Airwallex vs sevdesk

Airwallex

Accounting

Multi currency business accounts, international payments and card issuing from a licensed payments firm rather than a bank

From: Free
Rated: -

Full review Website

sevdesk

Accounting

German accounting and invoicing software for small businesses and freelancers

From: Free
Rated: -

Full review Website

The short version

Each has a real cost: Airwallex airwallex is a licensed payments firm rather than a bank, so balances sit in safeguarding accounts at partner banks and are not covered by deposit guarantee schemes, which means a treasury policy that requires insured deposits cannot hold operating cash there.; sevdesk the free Kostenlos plan caps invoices and e-invoices at just 3 per month, forcing an upgrade to the Rechnung plan for unlimited invoicing
Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Airwallex and sevdesk actually diverge.

Attributes where Airwallex and sevdesk differ
Attribute	Airwallex	sevdesk

Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), platforms (Web), user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Airwallex

Multi currency balances
Local receiving accounts
Foreign exchange conversion
International payouts
Card issuing
Expense management
Bill pay
Payments gateway

Only in sevdesk

Nothing recorded that Airwallex does not also cover.

What people use each for

The jobs each tool is most often brought in to do.

Airwallex

An exporter invoicing customers in United States dollars and euros who wants to be paid into local details rather than receive wires with correspondent deductionsnot sevdesk
An agency or software company paying contractors across several countries every month and losing money on bank foreign exchange spreadsnot sevdesk
An e-commerce seller collecting on multiple marketplaces in different currencies who wants to hold rather than convert on every settlementnot sevdesk
A startup that needs virtual cards with per subscription limits and cannot get a workable card programme from its local banknot sevdesk

sevdesk

Scanning receipts via mobile app and matching to transactionsnot Airwallex
Creating VAT advance returns and filing with tax authoritiesnot Airwallex
Generating XRechnung format invoices mandatory for B2B by 2025not Airwallex
Recording bank transactions automatically across 4000+ supported banksnot Airwallex
Managing unlimited invoices with automatic sales tax calculationsnot Airwallex

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Airwallex

Airwallex is a licensed payments firm rather than a bank, so balances sit in safeguarding accounts at partner banks and are not covered by deposit guarantee schemes, which means a treasury policy that requires insured deposits cannot hold operating cash there.
Available currencies, local account details, card programmes and product features differ by the entity you contract with, so a feature demonstrated to a customer in Australia or Singapore may simply not exist for the same company registered in another country.
Onboarding is subject to compliance review and whole categories of business are declined or later offboarded, and because the account may hold operating cash, a compliance freeze during a review is a business interruption rather than an inconvenience.
Foreign exchange is quoted as interbank plus a markup, which is cheaper than a high street bank but is still a spread that widens on less liquid pairs and on smaller amounts, so the saving assumed in the business case should be checked against the pairs you actually trade.
Support is largely ticket and chat based with account management reserved for larger customers, so when a payment is stuck the resolution path is a queue rather than a named person, which is a poor fit for time critical settlement.

sevdesk

The free Kostenlos plan caps invoices and e-invoices at just 3 per month, forcing an upgrade to the Rechnung plan for unlimited invoicing
API access and cost center tracking are reserved for the top Buchhaltung Pro tier at EUR 13.95 to EUR 34.90/month depending on commitment length, not included in the mid-tier Buchhaltung plan

Pricing, plan by plan

Airwallex

Free

No published plan breakdown. See the Airwallex review.

sevdesk

Free

FreeFree
- Permanently free with no credit card required
- Up to 3 invoices/e-invoices monthly
- Unlimited contact creation
Rechnung (Invoice Plan)$11.9/month
- Regular: €11.90/month, discounted to €4.45/month on 24-month term
- Unlimited invoices, offers, e-invoices, and payment reminders
Buchhaltung (Accounting Plan)$25.9/month
- Recommended plan
- Regular: €25.90/month, discounted to €9.95/month on 24-month term
- Bookkeeping features, AI-powered receipt capture, tax filing
Buchhaltung Pro (Accounting Pro)$34.9/month
- Regular: €34.90/month, discounted to €13.95/month on 24-month term
- Cost center analysis, REST-API access, business financial analysis (BWA)

Which should you pick?

Choose Airwallex if

You need multi currency balances.
You want to start without paying.
You also want local receiving accounts.

Airwallex review

Choose sevdesk if

You want to start without paying.

sevdesk review

Questions people ask

Is Airwallex or sevdesk better?: Neither clearly leads. Airwallex starts at Free and sevdesk at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Airwallex or sevdesk?: Airwallex starts at Free and sevdesk at Free.
Does Airwallex or sevdesk run on more platforms?: Both run on Web, so platform support will not decide this one for you.
Can I use Airwallex for free?: Both have a free tier, so you can try either at no cost before committing.
What is Airwallex best used for?: Airwallex is most often used for an exporter invoicing customers in united states dollars and euros who wants to be paid into local details rather than receive wires with correspondent deductions, an agency or software company paying contractors across several countries every month and losing money on bank foreign exchange spreads, an e-commerce seller collecting on multiple marketplaces in different currencies who wants to hold rather than convert on every settlement, a startup that needs virtual cards with per subscription limits and cannot get a workable card programme from its local bank. Of those, an exporter invoicing customers in united states dollars and euros who wants to be paid into local details rather than receive wires with correspondent deductions and an agency or software company paying contractors across several countries every month and losing money on bank foreign exchange spreads are not what sevdesk is typically brought in for.
What can Airwallex do that sevdesk cannot?: Airwallex covers Multi currency balances, Local receiving accounts, Foreign exchange conversion, International payouts.

Answered from the vendors’ own pages

Airwallex: Is Airwallex a bank?

No. It holds payment institution, electronic money or equivalent licences in the markets it serves. Funds are safeguarded at partner banks rather than being deposits, and deposit insurance schemes do not apply.

sevdesk: How much does sevdesk cost?

sevdesk offers a free plan and three paid tiers. Invoice Plan starts at €11.90/month (€4.45/month on 24-month), Accounting Plan at €25.90/month (€9.95/month on 24-month), and Accounting Pro at €34.90/month (€13.95/month on 24-month).

Source

Airwallex: Can it replace my business bank account?

For many operating flows it can, but consider what you lose: no deposit protection, no lending relationship, no cash or cheque handling, and some counterparties and government bodies still expect a conventional bank account. Most users run it alongside a bank rather than instead of one.

sevdesk: What is included in sevdesk's free plan?

The free plan allows creation of up to 3 invoices/e-invoices monthly, unlimited contact creation, and access to support materials. No credit card is required.

Source

Airwallex: Which countries can open an account?

It serves entities registered in a defined list of markets across Asia Pacific, Europe, the United Kingdom, the Middle East and North America, and the list changes. Check for your specific country of incorporation, because the answer determines both eligibility and feature set.

sevdesk: What add-ons are available for sevdesk?

sevdesk offers optional add-ons priced €3.90-€19.90/month including premium layouts, additional users, inventory management, and time tracking. Premium services such as setup consultations start at €24.90.

Source

Airwallex: Does it connect to my accounting software?

It integrates with the mainstream cloud ledgers so transactions feed through rather than being imported by hand. Confirm the integration covers all the currencies you hold, since multi currency handling in the ledger is a separate question.

sevdesk: Does sevdesk offer a promotional discount?

Yes, sevdesk advertises up to 50% discount through a time-limited Black Cyber Deal offering 60% off all plans. Additionally, all paid plans include 24-month term options with significant savings (up to 62% discount).

Source

Airwallex: How does the foreign exchange rate compare with a bank?

Materially better than a typical business bank's retail rate on major pairs, because it is quoted as interbank plus a stated markup. The gap narrows on thin currency pairs and small amounts, so test with your real volumes.

Airwallex: Are the cards accepted everywhere?

They are issued on the major networks and behave like ordinary company cards for most spend. Some merchants, particularly for deposits and car hire, treat prepaid style issuance differently, so do not assume parity with a bank credit card.

Airwallex vs sevdesk

Airwallex

sevdesk

The short version

Where they differ

What each one covers

Only in Airwallex

Only in sevdesk

What people use each for

Airwallex

sevdesk

Where each one falls short

Airwallex

sevdesk

Pricing, plan by plan

Airwallex

sevdesk

Which should you pick?

Choose Airwallex if

Choose sevdesk if

Questions people ask

Answered from the vendors’ own pages

Related pages

More on Airwallex

More on sevdesk

Keep looking

Other head to heads