Monzo Business vs Patriot Accounting: Complete Comparison (2026)
An in-depth comparison of Monzo Business and Patriot Accounting to help you choose the right tool for your business.
Last updated: November 2026
Monzo Business
6.5/10
Monzo Business is an app-based UK business bank account for sole traders and limited companies. It includes invoicing, Tax Pots, expense cards and accounting software bank feeds.
Patriot Accounting
5.9/10
Low-cost, browser-based double-entry accounting software for US small businesses and sole proprietors, with invoicing, bank import, 1099 filing and optional Patriot Payroll.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.5/10 | 5.9/10 |
| Scalability | 3/10 | 3/10 |
| Analytics | 4/10 | 4/10 |
| Compliance | 7/10 | 6/10 |
| Integration | 6/10 | 3/10 |
| Security | 7/10 | 6/10 |
| Support | 6/10 | 8/10 |
| Cost | 8/10 | 9/10 |
| Customization | 4/10 | 3/10 |
| Ease of Use | 9/10 | 8/10 |
| Pricing | ||
| Free plan | Yes | No |
| Cheapest paid plan | £9/mo Pro | $20/mo Accounting Basic |
| Estimated cost for 10 users | £25/mo Team | $20/mo Accounting Basic |
| Features | ||
| Corporate Cards | ||
| Financial Reporting | ||
| General Ledger | ||
| Payroll | ||
| Accountant Access | ||
| Invoicing | ||
| Online Payments | ||
| Bank Reconciliation | Not listed | |
| Expense Management | Not listed | |
| Inventory Accounting | Not listed | |
| Multi-currency | Not listed | |
| Tax Compliance | Not listed | |
Monzo Business vs Patriot Accounting cost by team size
| Team size | Monzo Business | Patriot Accounting |
|---|---|---|
| 1 user | £9/moPro | $20/moAccounting Basic |
| 5 users | £25/moTeam | $20/moAccounting Basic |
| 10 users | £25/moTeam | $20/moAccounting Basic |
| 25 users | FreeLite | $20/moAccounting Basic |
| 50 users | FreeLite | $20/moAccounting Basic |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Monzo Business
- Has a free plan (Patriot Accounting does not)
- Higher Integration score (6/10 vs 3/10)
- Higher Compliance score (7/10 vs 6/10)
- Includes Corporate Cards, which Patriot Accounting lacks
Why choose Patriot Accounting
- Higher Support score (8/10 vs 6/10)
- Higher Cost score (9/10 vs 8/10)
- Includes Financial Reporting, which Monzo Business lacks
- Includes General Ledger, which Monzo Business lacks
- Includes Payroll, which Monzo Business lacks
Pros & Cons
Monzo Business
Pros
- The Lite plan is free and includes Making Tax Digital software
- Pro adds invoicing, Tax Pots and live feeds to Xero, QuickBooks, FreeAgent and Sage for £9 a month
- The Team plan adds expense cards, payment approvals and bulk payments for up to 15 users
- 24/7 in-app support on every plan
- Licensed UK bank with FSCS deposit protection
Cons
- Holds GBP only, and incoming foreign currency is converted at a 1% fee
- No general ledger or financial statements, so you still need separate accounting software
- Partnerships, LLPs, charities and non-UK businesses cannot open an account
- Cash deposits cost £1 each and are capped
- Reviews report frozen accounts and slow resolution, and there is no dedicated account manager
Patriot Accounting
Pros
- The flat monthly price includes unlimited users, which undercuts QuickBooks Online and Xero in PCMag's comparison.
- The clean interface is approachable for non-accountants.
- Phone, chat and email support from US-based staff on both plans.
- Built-in 1099 e-filing and contractor portals.
- Month-to-month billing with no long-term contract, and free use for accounting firms with six or more active clients.
Cons
- No inventory management, time tracking or electronic bill pay.
- No native mobile app; access is through a mobile-friendly website only.
- Few third-party integrations and no public API.
- Limited report and invoice customization.
- Recurring invoices, estimates and user permissions require the Premium plan.
Not sold on either?
Frequently Asked Questions
Monzo Business scores higher on our Finance Software criteria: 6.5/10 against 5.9/10 for Patriot Accounting. The largest gap is in Integration: 6/10 for Monzo Business and 3/10 for Patriot Accounting.
Monzo Business has a free plan; Patriot Accounting does not list one.
Monzo Business has Corporate Cards, which Patriot Accounting lacks. Patriot Accounting has Financial Reporting, General Ledger and Payroll, which Monzo Business lacks.
