Hnry vs Found
short answerBoth are traditional neobanks with similar positioning — the real differences are FX markup, fees, license and geography, compared field by field below.
Hnry: Tax + banking for sole traders (NZ/AU).
Found: Banking + taxes for the self-employed.
Side by side
| Hnry | Found | |
|---|---|---|
| Category | traditional | traditional |
| Audience | freelancers & creators | freelancers & creators |
| HQ | Wellington, NZ | San Francisco, US |
| Founded | 2017 | 2019 |
| Custody | Custodial | Custodial |
| Regulation | Partner-bank model | Partner-bank model |
| License detail | Partner bank (ASB in NZ; Monoova/Cuscal in AU); registered tax agent, client accounts in own name | Partner bank (Lead Bank); FDIC pass-through up to $250k; formerly Piermont Bank |
| Card | MC · Business debit | MC · Business debit |
| Cashback | — | — |
| Yield | — | — |
| FX markup | — | — |
| Services | — | — |
| Stablecoins | No | No |
| KYC | Yes | Yes |
| Regions | Oceania | North America |
| Reported users | — | — |
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.