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Accounting · head to head

Mesh Payments vs Soldo

Mesh Payments logo

Mesh Payments

Accounting

Virtual card and spend management platform aimed at SaaS and travel spend

From
Free
Rated
-
Full reviewWebsite
Soldo logo

Soldo

Accounting

Prepaid company card and spend control platform for European businesses

From
£21/month
Rated
-
Full reviewWebsite

The short version

  • Only Mesh Payments has a free tier, so it costs nothing to try first.
  • Each has a real cost: Mesh Payments cashback only applies above a monthly spend threshold published at around fifty thousand dollars, so smaller programmes pay the per user fee and never see the rebate that justifies it.; 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: Mesh Payments covers Per vendor virtual cards, Soldo covers Prepaid company cards.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Mesh Payments and Soldo actually diverge.

Attributes where Mesh Payments and Soldo differ
AttributeMesh PaymentsSoldo
Starting priceFree£21/month
Free tierYesNo

Identical on both: pricing model (Per user per month), 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 Mesh Payments

  • Per vendor virtual cards
  • Physical and virtual employee cards
  • Subscription and renewal tracking
  • Receipt capture and matching
  • Travel spend controls
  • Accounting sync
  • Cashback programme

Only in Soldo

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

Both cover

  • Approval workflows

What people use each for

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

Mesh Payments

  • A software company trying to stop shadow SaaS renewals by giving every vendor its own capped cardnot Soldo
  • A finance team that wants receipts matched at the point of spend rather than chased at month endnot Soldo
  • A business issuing single use cards for contractor and agency payments with hard limitsnot Soldo
  • A team funding trip specific spend with a card that expires when the trip endsnot Soldo

Soldo

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

Where each one falls short

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

Mesh Payments

  • Cashback only applies above a monthly spend threshold published at around fifty thousand dollars, so smaller programmes pay the per user fee and never see the rebate that justifies it.
  • Revenue depends on interchange, which means Mesh has a structural interest in card spend running through its rails and less incentive to support bank transfer or direct debit payment methods that many suppliers prefer.
  • Card issuing is limited to the entities and countries Mesh's issuing partners support, so groups with subsidiaries outside that footprint must run a second card programme and lose the single view they bought Mesh for.
  • The free Pro tier caps at three users, which is below the size at which spend control actually becomes a problem, so it functions as a trial rather than a usable plan.
  • It is a spend and card tool rather than an accounts payable system, so invoice heavy businesses still need a separate AP platform and end up reconciling two sources of supplier spend.

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

Mesh Payments

Free
  • ProFree
    • Up to 3 users
    • Virtual and physical cards
    • Receipt capture
  • Premium$13/month
    • Unlimited users
    • Approval workflows
    • Subscription management
  • Enterprise$undefined/month
    • Multi entity support
    • SSO and advanced controls
    • Custom approval hierarchies

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 Mesh Payments if

  • You need per vendor virtual cards.
  • You want to start without paying.
  • You work on Web, iOS, Android.
  • You also want physical and virtual employee cards.
Mesh Payments 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 Mesh Payments or Soldo better?
Neither clearly leads. Mesh Payments starts at Free and Soldo at £21/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Mesh Payments or Soldo?
Mesh Payments has a free tier; the other does not. Paid plans start at Free for Mesh Payments and £21/month for Soldo.
Does Mesh Payments or Soldo run on more platforms?
Both run on Web, iOS, Android, so platform support will not decide this one for you.
Can I use Mesh Payments for free?
Yes. Mesh Payments has a free tier, so you can try it without paying. Soldo starts at £21/month.
What is Mesh Payments best used for?
Mesh Payments is most often used for a software company trying to stop shadow saas renewals by giving every vendor its own capped card, a finance team that wants receipts matched at the point of spend rather than chased at month end, a business issuing single use cards for contractor and agency payments with hard limits, a team funding trip specific spend with a card that expires when the trip ends. Of those, a software company trying to stop shadow saas renewals by giving every vendor its own capped card and a finance team that wants receipts matched at the point of spend rather than chased at month end are not what Soldo is typically brought in for.
What can Mesh Payments do that Soldo cannot?
Mesh Payments covers Per vendor virtual cards, Physical and virtual employee cards, Subscription and renewal tracking, Receipt capture and matching. Soldo covers Prepaid company cards, Card-level budgets, Receipt capture, Accounting export. Both handle Approval workflows.

Answered from the vendors’ own pages

Mesh Payments: Is the free plan really free?

Yes for up to three users, with cards and receipt capture included. Beyond three users you move to the paid tier.

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.

Mesh Payments: How does Mesh make money on a thirteen dollar plan?

Interchange on card spend. The subscription is a minority of revenue, which is why the cashback programme has a monthly spend threshold attached.

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.

Mesh Payments: Can Mesh replace our accounts payable process?

Not fully. It controls card spend well but invoice capture, supplier onboarding and payment runs are better served by a dedicated AP tool.

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.

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