Pros
- Automatic tax set-aside and tax estimates
- Free invoicing and 1099-NEC e-filing
- Cash deposits at 79,000+ retail locations
- No credit check to open
Cons
- Requires an SSN — not for non-US founders
- Interest only on paid plans
- $2 per cash deposit
Found at a glance
| Monthly fee | $0 · Plus $35 · Pro $80 |
|---|---|
| Minimum balance | None |
| Interest | Plus 1.50% (up to $20K) · Pro 2.50% |
| FDIC coverage | $250,000 via Lead Bank |
| ATMs & cash | No Found ATM fee; cash deposits at 79,000+ retailers ($2) |
| Wires | Incoming domestic free; outgoing $15 ($10 on Pro) |
| Non-US owners | No — US-based businesses with an SSN only |
Good fit if you are…
- Single-member LLCs taxed as sole proprietors
- Freelancers who want taxes handled from the account
Look elsewhere if you are…
- Non-US owners
- Multi-member LLCs needing advanced controls
Found alternatives
| Provider | Price | Best for | Link |
|---|---|---|---|
| Mercury | $0/mo | Free wires · non-US founders · startups | Visit Mercury |
| Relay | $0/mo (Grow $30, Scale $120) | Profit First · up to 20 accounts · cash deposits | Visit Relay |
| Bluevine | $0/mo (Plus $30, Premier $95) | Interest on checking · credit line | Visit Bluevine |
| Novo | $0/mo | Simple free account for US-based owners | Visit Novo |
| Lili | $0/mo (Pro $15, Smart $35, Premium $55) | Non-US owners incl. Latin America · savings APY | Visit Lili |
| Wise Business | $31 one-time | Multi-currency · getting paid from abroad | Visit Wise Business |
How to get started with Found
- Get your LLC’s EIN from the IRS.
- Have your Articles of Organization, operating agreement and an ID for each owner ready.
- Apply online on Found’s site and verify the owners.
- Fund the account and connect your payment and accounting tools.
Found vs the alternatives
Found is our pick for freelancers · built-in tax tools ($0/mo (Plus $35, Pro $80)). If that isn’t your priority:
- Mercury — better for free wires · non-us founders · startups ($0/mo). $0 monthly fee, no minimum balance, no opening fees.
- Relay — better for profit first · up to 20 accounts · cash deposits ($0/mo (Grow $30, Scale $120)). $0 Starter plan with no minimum balance.
- Bluevine — better for interest on checking · credit line ($0/mo (Plus $30, Premier $95)). Interest on checking: 1.3% APY on Standard (with $500 card spend or $2,500 in customer payments a month).
Frequently asked questions
How much does Found cost?
$0/mo (Plus $35, Pro $80). Monthly fee: $0 · Plus $35 · Pro $80. Minimum balance: None. Verified October 18, 2026 on Found’s website.
Is Found good for an LLC?
Banking plus bookkeeping for single-member LLCs: it estimates taxes, sets money aside and files 1099s for free. Best for US-based freelancers who file Schedule C. Good fit: single-member llcs taxed as sole proprietors; freelancers who want taxes handled from the account.
What are the downsides of Found?
Requires an SSN — not for non-US founders. Interest only on paid plans. $2 per cash deposit.
Can non-US residents open Found?
No — US-based businesses with an SSN only.
What are the alternatives to Found?
Mercury ($0/mo), Relay ($0/mo (Grow $30, Scale $120)), Bluevine ($0/mo (Plus $30, Premier $95)), Novo ($0/mo), Lili ($0/mo (Pro $15, Smart $35, Premium $55)), Wise Business ($31 one-time).
Is Found safe?
Found isn’t a bank itself; deposits are held at partner banks that are FDIC members. FDIC coverage: $250,000 via Lead Bank.
How do I sign up for Found?
1. Get your LLC’s EIN from the IRS. 2. Have your Articles of Organization, operating agreement and an ID for each owner ready. 3. Apply online on Found’s site and verify the owners. 4. Fund the account and connect your payment and accounting tools.
Rates, fees and eligibility change often. Figures come from each provider’s own site on the date shown; confirm before opening an account. Fintechs are not banks — deposits are held at partner banks, Member FDIC. Verified October 18, 2026. We may earn a commission if you sign up through our links, at no cost to you. How we’re funded.
Your LLC setup checklist
- Get a free EINFrom the IRS, in minutes online.
- Open a business bank accountKeep LLC money apart from yours to protect the liability shield.
- Sign an operating agreementSettle who owns and decides what before it matters.
- Get business insuranceCover what the LLC itself doesn’t protect.
- Plan your taxesKnow your tax status and federal due dates.
- Track state deadlinesFree reminders before each filing.
Everything in one list: printable LLC compliance checklist · live deadline calendar.