About
Found is a smart business banking platform built specifically for small business owners, freelancers, and solopreneurs. Unlike traditional business bank accounts, Found integrates an entire financial back office—bookkeeping, tax management, invoicing, and contractor payments—directly into your checking account. Powered by AI, Found automatically categorizes expenses when you use your Found Mastercard Business debit card, helping you identify deductions without manual effort. The platform estimates your quarterly taxes in real time and automatically sets money aside so you're never caught off guard at tax time. Payments and deposits flow directly into your Found account, where cash flow can be organized using sub-accounts for better financial control. Contractor management is built in, allowing unlimited payments with no per-contractor fees and easy W-9/1099 tax form collection. Found offers a free core plan for getting started, plus Found Plus ($35/month) and Found Pro ($80/month) tiers that unlock benefits such as 2.50% APY on all balances, 1% cash back on qualifying purchases, and a dedicated account manager. Found has been recognized by NerdWallet as the Best Business Checking for Paying Contractors and by Forbes Advisor for Innovative Features. It's ideal for small business owners who want to simplify their finances and spend less time on administrative tasks.
Key Features
- AI-Powered Bookkeeping: Automatically tracks, organizes, and categorizes expenses and receipts whenever you use your Found debit card, eliminating manual data entry.
- Automated Tax Estimation & Savings: Found estimates your quarterly taxes in real time and sets money aside automatically each time you get paid, so you're always tax-ready.
- Integrated Invoicing & Payments: Send professional invoices, accept payments, and manage cash flow directly from your Found account without third-party tools.
- Contractor Management: Pay unlimited contractors with no per-contractor fees and easily collect W-9s and generate 1099 tax forms at year-end.
- Sub-Accounts & Cash Flow Organization: Organize your money into dedicated sub-accounts for different purposes and pay directly from them to stay on budget.
Use Cases
- Freelancers and solopreneurs who want automatic tax savings and expense tracking without hiring an accountant
- Small business owners managing contractor payments and needing simplified 1099 form collection at year-end
- Early-stage startups consolidating banking, bookkeeping, and invoicing into a single tool to reduce overhead
- Service-based businesses that invoice clients regularly and need integrated payment collection alongside their bank account
- Self-employed professionals looking to stay organized for quarterly estimated tax payments without manual spreadsheets
Pros
- True All-in-One Platform: Combines banking, bookkeeping, taxes, invoicing, and contractor management so small business owners don't need multiple separate tools.
- Free Core Plan: The essential banking and bookkeeping features are available at no cost, making it accessible for businesses just getting started.
- No Per-Contractor Fees: Businesses can pay unlimited contractors without incurring extra charges, which is a significant cost saving over competitors.
- Award-Winning Product: Recognized by NerdWallet and Forbes Advisor for innovation and contractor payment features, lending credibility to the platform.
Cons
- Premium Features Require Paid Subscription: High-value perks like 2.50% APY, 1% cash back, and a dedicated account manager are locked behind Found Pro at $80/month.
- US-Only Banking: Found is designed for US-based small businesses and may not be suitable for international or multi-currency operations.
- Debit Card Required for Auto-Categorization: Automatic expense categorization only works when using the Found Mastercard debit card, limiting automation for external card spending.
Frequently Asked Questions
Is Found free to use?
Yes, Found's core banking and bookkeeping features are free. Found also offers two optional paid tiers: Found Plus at $35/month (or $315/year) and Found Pro at $80/month (or $720/year) for premium benefits.
How does Found estimate my taxes?
Found analyzes your income and expenses in real time to estimate your quarterly tax liability. It then automatically sets aside the estimated amount from each payment you receive so you're prepared when taxes are due.
Can I use Found to pay contractors?
Yes. Found includes built-in contractor management that lets you send unlimited payments with no per-contractor fees. You can also collect W-9s and generate 1099 forms directly within the platform.
What are the benefits of Found Pro?
Found Pro ($80/month or $720/year) includes 2.50% APY on all account balances, 1% cash back on qualifying debit card purchases, and access to a dedicated account manager for personalized support.
Is Found a real bank account?
Found offers business checking accounts with debit cards issued by Lead Bank pursuant to a license from Mastercard. Funds held in Found accounts are FDIC-insured through Lead Bank.
