Is Expensify or Soldo better?

Neither clearly leads. Expensify starts at $5/month and Soldo at £21/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.

Which is cheaper, Expensify or Soldo?

Expensify starts at $5/month and Soldo at £21/month.

Does Expensify or Soldo run on more platforms?

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

What is Expensify best used for?

Expensify is most often used for expense reporting, receipt management, travel expenses, corporate card management. Of those, expense reporting and receipt management are not what Soldo is typically brought in for.

What can Expensify do that Soldo cannot?

Expensify covers SmartScan receipts, Expense reports, Corporate cards, Reimbursements. Soldo covers Prepaid company cards, Card-level budgets, Receipt capture, Accounting export.

Accounting · head to head

Expensify vs Soldo

Expensify

Accounting

Expense management for receipts, bills & more

From: $5/month
Rated: -

Full review Website

Soldo

Accounting

Prepaid company card and spend control platform for European businesses

From: £21/month
Rated: -

Full review Website

The short version

Each has a real cost: Expensify minimal offline expense entry capabilities hamper use in areas with unstable internet; Soldo cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.
They diverge on capability: Expensify covers SmartScan receipts, Soldo covers Prepaid company cards.
Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Expensify and Soldo actually diverge.

Attributes where Expensify and Soldo differ
Attribute	Expensify	Soldo
Starting price	$5/month	£21/month
Pricing model	Unknown	Per user per month
Founded	2008	Unknown

Identical on both: free tier (No), platforms (Web, iOS, Android), 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 Expensify

SmartScan receipts
Expense reports
Corporate cards
Reimbursements
Travel booking
Mileage tracking
Multi-currency
Real-time syncing

Only in Soldo

Prepaid company cards
Card-level budgets
Receipt capture
Accounting export
Multi-currency wallets
Approval workflows

What people use each for

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

Expensify

Expense reportingnot Soldo
Receipt managementnot Soldo
Travel expensesnot Soldo
Corporate card managementnot Soldo
Reimbursementsnot Soldo

Soldo

A construction firm giving site managers fuel and materials cards with hard per-card limitsnot Expensify
A marketing team issuing virtual cards per subscription so a cancelled tool cannot keep billingnot Expensify
A UK company that cannot get approved for a credit-based corporate card programmenot Expensify
A multi-entity European business needing EUR and GBP wallets without conversion on every purchasenot Expensify

Where each one falls short

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

Expensify

Minimal offline expense entry capabilities hamper use in areas with unstable internet
OCR receipt data extraction requires manual review and correction for accuracy
Per-user pricing model increases costs for larger organizations

Soldo

Cards are prepaid, so if the central wallet runs low the cards decline in front of a supplier, and treasury has to keep an idle float funded rather than using a credit line.
The plan fee covers only three users, and per-user charges plus physical card fees mean the real monthly cost is several times the advertised headline for a team of twenty.
It does not extend credit, so it gives no working capital benefit and no card rewards of the kind US charge card issuers use to offset their cost.
Sole traders and some business types are not accepted, which catches out small consultancies expecting to sign up online.
Coverage is European; a company with US or Asian subsidiaries will need a second card programme and a second expense workflow for them.

Pricing, plan by plan

Expensify

$5/month

No published plan breakdown. See the Expensify review.

Soldo

£21/month

Standard$21/month
- Three users included
- Around £7 per additional user per month
- Physical card issuance fee around £5, virtual around £1
Plus$33/month
- Three users included
- Around £11 per additional user per month
- Advanced approval and multi-currency features
Enterprise$undefined/month
- Quoted pricing
- Custom card volumes and entity structures
- Dedicated account management

Which should you pick?

Choose Expensify if

You need smartscan receipts.
You work on Web, iOS, Android.
You also want expense reports.

Expensify review

Choose Soldo if

You need prepaid company cards.
You work on Web, iOS, Android.
You also want card-level budgets.

Soldo review

Questions people ask

Is Expensify or Soldo better?: Neither clearly leads. Expensify starts at $5/month and Soldo at £21/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Expensify or Soldo?: Expensify starts at $5/month and Soldo at £21/month.
Does Expensify or Soldo run on more platforms?: Both run on Web, iOS, Android, so platform support will not decide this one for you.
What is Expensify best used for?: Expensify is most often used for expense reporting, receipt management, travel expenses, corporate card management. Of those, expense reporting and receipt management are not what Soldo is typically brought in for.
What can Expensify do that Soldo cannot?: Expensify covers SmartScan receipts, Expense reports, Corporate cards, Reimbursements. Soldo covers Prepaid company cards, Card-level budgets, Receipt capture, Accounting export.

Answered from the vendors’ own pages

Expensify: How does Expensify capture receipts?

Expensify uses SmartScan technology with OCR to automatically extract data from receipt images, reducing manual data entry. Users can photograph receipts with their phone to quickly create expense entries.

Source

Soldo: Is Soldo a credit card?

No. It is prepaid electronic money. You fund a wallet and cards spend from it, so there is no credit line and no interest-free period.

Expensify: What reimbursement methods does Expensify support?

Expensify supports ACH reimbursement via direct deposit after setting up a direct deposit account. Next-day reimbursement is available, or standard processing takes 3-5 business days.

Source

Soldo: What licence does Soldo hold?

Soldo is authorised as an electronic money institution, including UK, Irish and Italian entities, which is why it can issue cards without a sponsor bank in those markets.

Expensify: How does Expensify offline mode work?

Expensify has limited offline capabilities. Users can capture receipts offline, but data syncs when internet connectivity is restored. Full functionality requires online access.

Source

Soldo: What does it really cost for twenty users?

Take the plan fee, add the per-user rate for the seventeen users beyond the included three, then add card issuance fees per physical card.

Expensify vs Soldo

Expensify

Soldo

The short version

Where they differ

What each one covers

Only in Expensify

Only in Soldo

What people use each for

Expensify

Soldo

Where each one falls short

Expensify

Soldo

Pricing, plan by plan

Expensify

Soldo

Which should you pick?

Choose Expensify if

Choose Soldo if

Questions people ask

Answered from the vendors’ own pages

Related pages

More on Expensify

More on Soldo

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