Azlo Features & Benefits, Key Information, and FAQs

Learn more about Azlo business banking with features & benefits, a key information table and frequently asked questions.

Updated on January 31st, 2021

The SMB Guide is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more

Azlo is a small business bank that allows business owners and entrepreneurs to bank on-the-go without running into hidden fees or minimum balance constraints.

Rates and Fees:

Azlo does not charge any fees for their banking services. The company earns money from the interest on deposits into Azlo accounts.

Get Started with Azlo

Azlo Small Business Banking

Fee-Free Small Business Banking

Get Started

Bank from anywhere.

All the features, none of the fees.

Azlo
Review:

Pros: No minimum balance required. Stripe payment integrations.

Cons: Azlo is entirely online, so you cannot make cash deposits.

Bottomline: An affordable online banking option that works well for small business owners who don't need a physical bank branch.

Key Information:

Legal Name

Azlo Business Inc.

Founder

Cameron Peake

Founding Date

Jan 01, 2017

Address

201 Mission St 24th Fl, San Francisco, CA, 94105 United States

Number of Employees

125

Number of Customers

99

Email

support@azlo.com

Telephone

1 (844) 295-6466

Website

https://www.azlo.com

Features and Benefits:

Free payments and transfers.

You can transfer money to other accounts and make payments directly from your Azlo account without incurring any charges or fees.

No minimum balances.

With Azlo, you do not need to maintain a minimum balance in your bank account in order to avoid paying a monthly maintenance fee. Most banks charge business customers a fee if they do not keep a certain amount of money in their account each month.

Connect to Stripe.

You can connect your Azlo account directly to your Stripe account so that payments from customers via Stripe go directly into your bank account.

FAQs:

How does Azlo make money?

Azlo earns revenue from the interest on Azlo account deposits and from merchants' card transaction payments.

Is Azlo a real bank?

Yes, Azlo is a mobile bank that caters to small businesses, freelancers, and entrepreneurs.

Does Azlo pay interest?

No, Azlo accounts do not currently pay interest. The interest on deposits in Azlo accounts presents a source of revenue for Azlo.

Does Azlo have checks?

No, Azlo does not offer checks.

Does Azlo use Zelle?

No. Azlo accounts can be linked to third-party services, but Zelle does not allow for business debit cards to be used with their service.

Does Azlo work with QuickBooks?

Yes, you can link your Azlo account with accounting software and services including QuickBooks Online.

Is Azlo just for established businesses?

Azlo banking can be used by small businesses, freelancers, online retailers, and more. Qualified applicants must be U.S. residents who are at least 18 years old and have a valid U.S. address.

Does Azlo have an invoicing tool?

Yes. You can create and send customer invoices directly from your Azlo bank account. This integration makes it easy for entrepreneurs and freelancers to bill their clients.