Expensify vs Found Comparison 2026
Expensify photographs a receipt and files it into an expense report, with scanning and payments free and no cap on SmartScans, then $5 a member a month once categorisation and approvals matter. Found is a business bank account for the self-employed with bookkeeping, invoicing, contractor payments and a running tax estimate built into the account itself, free with no monthly fee, then $35 a month for imported transactions and interest on balances. One works on top of whatever bank you already use. The other wants to be the bank.
At a glance
- Expensify starts cheaper, at $5.
- Both have a genuinely free tier.
Side by side
Expensify | Found | |
|---|---|---|
| Starting price (they differ) | From $5 | From $35 |
| Pricing model | Free plan, paid tiers | Free plan, paid tiers |
| Free tier | Yes | Yes |
| Billing | Monthly or annual | Monthly or annual |
| Free trial | Not stated | 30 days |
| API | Not stated |
Expensify
Receipt scanning and expense reports
Expensify photographs a receipt and reads the merchant, date and amount off it, then files the result into a report that somebody can approve. Scanning receipts and sending money stay free, and paying is about what happens after the scan: categorisation, approval rules and the accounting handoff. It pushes to QuickBooks and Xero, which is usually why a bookkeeper asks for it.
Our note
The free tier is the honest recommendation for one person, and it is unusually good. Pay for Collect at the point where somebody other than you needs to see the expenses, which in practice means a bookkeeper or a second person on the card.
Found
Banking, bookkeeping and tax in one account
Found is a business account for self-employed people with the bookkeeping and the tax set-aside built into it, so expenses categorise themselves as they land and the quarterly estimate is on screen rather than in April. It invoices, pays contractors and files 1099s. The free plan has no monthly fee and no minimum balance, which is the reason to look at it before a bank.
Why people weigh these two
- Found instead of Expensify
- Found combines banking, bookkeeping and tax from $35 with a free tier, so spend is categorised at the account it left.
- Expensify instead of Found
- Expensify focuses on receipt scanning and expense reports rather than a full bank account, with a free tier and plans starting at $5.
Which one should you pick
Pick Expensify if you already have a bank you are happy with and just need receipts photographed, categorised and filed for reimbursement or reconciliation. Scanning and payments stay free indefinitely for one person, and Collect at $5 a member a month adds structure once somebody else needs to see the expenses.
Pick Found if you are a US sole trader willing to move the actual business account, and want tax set-aside and categorising to happen automatically as money moves through it. The free plan already covers invoicing, contractor payments and 1099 filing with no monthly fee. It has no use outside the US, and it only makes sense once you want the account itself doing the work.
Common questions
- Which is cheaper?
- Expensify's Collect plan, at $5 a member a month against Found Plus at $35. They are different purchases though: Expensify scans receipts on top of whatever bank you already use, and Found wants to be the bank account itself.
- Do I have to switch banks to use either one?
- Only for Found, since it is a business bank account in its own right. Expensify works alongside any bank: it scans and files receipts and pushes the result to QuickBooks or Xero, without touching where the money actually sits.
- Which one estimates what I will owe in tax?
- Found does, in real time on screen as money moves through the account, on every plan including the free one. Expensify is not built for that; it is about capturing and categorising receipts for reimbursement or reconciliation.
- Is either free?
- Both have a genuinely free tier. Expensify's receipt scanning and payments stay free with no cap. Found's core account has no monthly fee and no minimum balance, and includes invoicing, contractor payments and 1099 filing.
Ratings are the average of reviews readers left. The facts are stated by each tool’s own listing and are not verified by CloutStack. How we make money.