Found vs. Chase Business Banking: All-in-One Platform vs. Traditional Bank

Chase is the kind of bank your parents probably told you to use when you started your business. With nearly 5,000 branches and a name that's been around since 1799, it checks the "legitimate business" box. And if you're looking for a bank that offers business loans, merchant services, and in-person support, Chase has those traditional offerings covered.

But that's about where the helpfulness ends for most small business owners. Chase gives you a business checking account—and then assumes you'll figure out everything else on your own. You'll need to buy separate software to track expenses. You'll need to manually calculate and set aside taxes. You'll need another tool for invoicing clients and paying contractors. And you'll need to keep that $2,000 minimum balance or pay $15 every month just to keep the account open.

Found starts with a different question: what if your business bank account actually helped you run your business? Instead of just holding your money, Found tracks expenses as they happen, sets aside estimated taxes from deposits, and handles invoicing and contractor payments—all in one place. It's designed for the reality of small business ownership, where you're juggling ten different roles and don't have time (or budget) to piece together a financial tech stack.

In this comparison, we'll break down how Found and Chase Business Complete Banking® stack up across the features that matter most when you're running everything yourself and need your banking to pull its weight.

What is Found?

Found is a financial technology company that combines business banking with built-in bookkeeping and tax tools in one platform. The free tier includes essential banking and tax features, while Found Plus ($19.99/month or $149.99/year) adds 1.5% APY on balances up to $20,000, in-app tax payments for Schedule C filers, and priority customer support. Banking services are provided by Lead Bank, Member FDIC.

What is Chase Business Complete Banking®?

Chase Business Complete Banking® is a full-service business checking account from JPMorgan Chase, one of the largest banks in the United States. It provides standard business banking features with access to over 15,000 Chase ATMs and approximately 4,700 branches nationwide. The account has a $15 monthly fee, which can be waived by maintaining a $2,000 minimum daily balance or by depositing $2,000 or more in combined deposits each statement period.

Found vs. Chase: Feature Comparison

Data compiled November 2025 and subject to change. Features, pricing, and availability may vary. Always confirm current details directly with the providers.

¹Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. FDIC insurance only covers the failure of an FDIC-insured depository institution.

²The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.

⁴Optional subscription to Found Plus for $19.99/month or $149.99/year. There are no monthly account maintenance fees, but other fees such as transactional fees for wires, instant transfers, and ATM apply. Read more.

⁵Subject to eligibility requirements, applicable terms and conditions, and service fees. See Terms of Service and Lead Account Terms for more details.

⁶Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.

¹⁰Tax payments are available for Found Plus subscribers who file a Schedule C.

¹³Found customers can create 1 custom expense rule, 1 custom tag, and 1 custom category for free. Unlimited rules, tags, and categories available with Found Plus.

¹⁴1.5% APY on balances up to $20K for Found Plus subscribers

¹⁵Priority customer support is available to Found Plus subscribers

Feature-Focused "Best For" Analysis

Here's how Found and Chase stack up across the features that could matter most to your small business.

Best for Affordable Banking: Found

Found's core plan is free with no minimum balance requirements, no monthly maintenance fees, and no activity thresholds to worry about. You get business banking, automatic bookkeeping, tax tools, invoicing, and contractor management—all at $0/month. There are no hidden fees⁴ or requirements to maintain certain balances or transaction volumes.

Chase Business Complete Banking® has a $15 monthly fee that can be waived by maintaining a $2,000 minimum daily balance or by depositing $2,000 or more in combined deposits each statement period. If you don't qualify for the waiver, you'll pay $180 per year in account fees—and that doesn't include the cost of separate bookkeeping, tax, or invoicing software.

If you aren't eligible for Chase's fee waiver or would prefer not to worry about meeting balance or deposit requirements, you can subscribe to Found Plus annually ($149.99/year)—just $30 less per year than Chase's fees alone—and get enhanced features like 1.5% APY, priority support, and advanced bookkeeping tools, plus all the built-in tax, invoicing, and contractor management features that would cost hundreds more in separate software subscriptions with Chase.

Best for Physical Banking and ATM Access: Chase

Chase operates one of the largest ATM networks in the country with over 15,000 Chase ATMs and approximately 4,700 branches nationwide. This provides fee-free withdrawals at all Chase ATMs and convenient access to in-person banking services. This is a significant advantage if you frequently need cash, regularly deposit checks or cash, or prefer face-to-face support for complex transactions.

Found does not charge ATM fees on its end, but the ATM operators you use may charge their own fee. Since Found is a digital-first platform, there are no physical branches for in-person banking needs. However, if you primarily operate online and rarely need cash, Found's digital-first approach may be more convenient.

Best for Cash-Heavy Businesses: Chase

If your business regularly handles cash transactions—whether you're in retail, food service, or another cash-intensive industry—Chase's extensive branch network makes daily cash deposits convenient and secure. You can deposit cash at any of their 4,700+ branches without worrying about additional fees for reasonable volumes.

Found is designed for digital-first businesses and does not have physical branches for cash deposits. While Found offers cash deposit services at over 79,000 retail locations for a $2 fee, businesses with high-volume cash operations will find Chase's branch access more practical.

Best for All-in-One Business Banking: Found

Found is built as an all-in-one platform that integrates banking, bookkeeping, and tax tools in one place. Transactions are automatically tracked and categorized for taxes, and you can manage your finances from your checking account to expense tracking without switching between multiple apps. Chase Business Complete Banking® focuses on core banking features, but you'll need separate software for bookkeeping and taxes. If you want your financial tech stack under one roof, Found delivers the most integrated experience.

Best for Integrated Bookkeeping: Found

Found automatically categorizes your expenses, provides receipt capture, and generates profit and loss statements and financial reports on its free core plan. Transactions made with your Found debit card are automatically logged and categorized using IRS-ready categories that align with Schedule C tax forms. You can attach receipts via mobile scan, track mileage, and generate detailed P&L statements. Found Plus⁴ provides additional bookkeeping features, such as connecting other accounts and setting up unlimited custom rules, categories, and tags.

Chase Business Complete Banking® does not include built-in bookkeeping features. You'll need to pay for separate accounting software like QuickBooks to track expenses and generate financial reports. If you want bookkeeping handled within your banking platform without paying for separate software, Found is the clear winner.

Best for Tax Automation: Found

Found handles real-time tax estimations and automatically generates Schedule C, 1120, and 1120-S forms (depending on your business structure). Found can also provide a real-time tax estimate based on your provided tax profile and lets you set up a tax savings Pocket, allowing you to save money for tax payments. Pockets even have their own account number, so you can pay taxes directly from the Pocket. Found Plus subscribers⁴ who file a Schedule C can pay federal taxes directly through the app.

Chase doesn't offer built-in tax tools and lacks automated tax management, real-time estimates, and tax form generation. You'll need to use separate tax software or work with an accountant to estimate quarterly taxes and prepare your tax forms.

Best for Built-In Invoicing: Found

Found offers unlimited professional invoices with custom branding, multiple payment options (ACH, credit/debit card, Cash App Pay through Stripe integration), and automated payment tracking and reminders. Found also supports recurring invoices as part of the free plan, making it ideal for businesses with retainer clients or subscription-based services.

Chase does not offer invoicing through their platform, so you'll need a third-party provider like FreshBooks, QuickBooks, or Wave. This means managing another subscription, learning another platform, and manually reconciling payments between your invoicing software and your bank account. Found eliminates this hassle by building invoicing directly into your banking platform.

Best for Managing 1099 Contractors: Found

Found offers a complete contractor management solution with free W-9 collection, payment processing via multiple methods, and automatic 1099-NEC generation and filing for contractors. You can collect and track W-9 forms, automatically generate 1099-NEC forms for contractors paid $600 or more during the year, and e-file 1099s directly through the platform. The system automatically tracks payments toward 1099 thresholds, so you don't have to manually calculate who needs a form.

Chase doesn't offer contractor management features. You'll need to handle W-9 collection and 1099 generation separately using third-party software. If you regularly work with independent contractors, Found's integrated approach eliminates the need for separate contractor management tools or services.

Best for Business Credit Products: Chase

Chase offers business credit cards, lines of credit, and other lending products that can be linked to your Chase account. This integrated access to business credit can be valuable as your business grows and needs working capital for expansion, inventory purchases, or managing cash flow gaps. Having your banking and credit products with the same institution means unified statements, easier account management, and streamlined loan applications.

Found currently does not offer credit products, though you can obtain business credit cards and lines of credit from other providers like American Express, Chase, or specialized business lenders. If you value the convenience of having all your financial products—banking, credit cards, and loans—managed through a single institution, Chase's integrated approach is the better choice.

Best for Freelancers and Sole Proprietors: Found

Found offers a comprehensive suite of financial tools designed specifically for self-employed professionals, including automatic expense categorization, real-time tax calculations, unlimited invoicing, contractor management, and built-in bookkeeping on their core plan at no cost. The platform integrates with popular gig economy platforms, making it easy to track income from multiple sources and stay organized for tax season.

Chase provides fundamental banking services like a business checking account and debit card, but offers no bookkeeping, tax planning, invoicing, or expense management features. You'll need to piece together separate software subscriptions to replicate what Found offers as an integrated solution.

Best for Small Business Startups: Found

Found provides a solid foundation for what new businesses need without required monthly fees⁴, helping preserve precious startup cash flow. You get a complete business banking solution from day one with built-in bookkeeping tools, automatic tax management, unlimited invoicing, and contractor payments. This comprehensive approach eliminates the need for multiple software subscriptions that can quickly drain startup budgets.

Chase has a $15 monthly fee that can be waived if you maintain a $2,000 minimum daily balance or meet the deposit requirements. Even with the fee waived, you'll still need to pay for separate bookkeeping, tax, and invoicing software to match Found's capabilities.

Found's feature offering on their core plan means you can operate longer before needing to upgrade, while maintaining the complete financial toolkit essential for early-stage business success—a significant consideration when every dollar counts in the early stages.

Found vs. Chase: Which is the best banking platform for small business owners? 

Both Found and Chase offer solid business banking solutions for small business owners, but they serve different needs and business types. The right choice depends on your specific business needs and priorities. Here's how to decide between Found and Chase based on what matters most to your financial needs.

Choose Found if you:

• Want banking, bookkeeping, and taxes integrated in one platform without paying for separate software

• Work with contractors and need streamlined W-9 collection and 1099 generation

• Value automation for expense tracking, categorization, and tax calculations

• Want to organize money with Pockets and automatic tax savings

• Prefer built-in invoicing with automated payment tracking and recurring invoice capabilities

• You prefer managing everything from a mobile app rather than visiting branches

• Operate multiple businesses and want to manage them all from one login

• Need to generate a Schedule C as a sole proprietor

• Value early direct deposit⁶ for improved cash flow

• Are launching a startup and want to minimize software subscription costs

• Prefer transparent pricing with no monthly fees⁴ or minimum balance requirements to worry about

Choose Chase if you:

• Can easily maintain a $2,000 minimum balance or meet the deposit requirements to waive the monthly fee

• Plan to apply for business loans or lines of credit and want everything with one bank

• Want access to Chase business credit cards and other traditional banking products

• Prefer the familiarity and established reputation of a major national bank

• Frequently handle cash deposits or checks

• Want a large ATM network with fee-free withdrawals

• Prefer having access to physical branches

• Already use and like your current bookkeeping and tax software

• Prefer traditional business banking with in-person support options

• Prefer manual control over automated tax management

• Need overdraft protection options

The Bottom Line

Found delivers an all-in-one platform that integrates banking, bookkeeping, and taxes—eliminating the need for multiple software subscriptions and saving small business owners both time and money. Chase offers traditional business banking with a large physical presence and access to business credit products, which can be valuable if you frequently need cash access or working capital. For many small business owners, Found's tax automation and integrated bookkeeping tools provide better overall value than traditional banking.

Found makes it simple to get comprehensive business banking without any required monthly fees⁴. With built-in bookkeeping, real-time tax calculations, unlimited invoicing, and contractor management all included free in the core plan, you can focus on growing your business instead of managing multiple software subscriptions. Join thousands of entrepreneurs who've already made Found their all-in-one financial solution and start streamlining your business finances today.

FAQS

Does Found offer mobile check deposit? 

Yes, Found offers mobile check deposit through its mobile app to eligible users.

Can I pay contractors through Found? 

Yes, Found includes built-in contractor payment processing and automatically tracks payments for 1099 reporting. The platform also handles W-9 collection and can e-file 1099-NEC forms directly.

Which bank is better for earning interest on my business checking account? 

Found Plus⁴ offers 1.5% APY on balances up to $20,000. Chase Business Complete Banking® does not offer interest on business checking accounts, though Chase does offer separate interest-bearing business savings accounts.

Can I open a Found account if I already have a Chase business account? 

Yes, you can open a Found account even if you already bank with Chase. Found Plus subscribers⁴ can connect their Chase account to automatically import transactions and view all their financial activity in one place. This gives you access to Found's automatic expense categorization, tax tracking, and bookkeeping features across all your accounts—even transactions that happen in your Chase account—without needing to fully switch banks right away.

Disclaimer: The information on this website is not intended to provide, and should not be relied on, for tax or legal advice. Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. FDIC insurance only covers the failure of an FDIC-insured depository institution.

Data compiled November 2025 and subject to change. Features, pricing, and availability may vary. Always confirm current details with providers directly.

¹Found is a financial technology company, not a bank. Banking services are provided by Lead Bank, Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category. FDIC insurance only covers the failure of an FDIC-insured depository institution.

²The Found Mastercard Business debit card is issued by Lead Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.

⁴Optional subscription to Found Plus for $19.99/month or $149.99/year. There are no monthly account maintenance fees, but other fees such as transactional fees for wires, instant transfers, and ATM apply. Read more.

⁵Subject to eligibility requirements, applicable terms and conditions, and service fees. See Terms of Service and Lead Account Terms for more details.

⁶Direct deposit funds may be available for use for up to two days before the scheduled payment date. Early availability is not guaranteed.

¹⁰Tax payments are available for Found Plus subscribers who file a Schedule C.

¹³Found customers can create 1 custom expense rule, 1 custom tag, and 1 custom category for free. Unlimited rules, tags, and categories available with Found Plus.

¹⁴1.5% APY on balances up to $20K for Found Plus subscribers

¹⁵Priority customer support is available to Found Plus subscribers