The best Found alternative for freelancers and gig workers
Gig income records · 1099 tools · mileage tracking · tax set-aside
Kronos is an iOS money app for gig workers and freelancers. KronosPay LLC is a financial technology company, not a bank or lender. This guide is built from the negative reviews people leave about Found — the exact phrasing they use when they start searching for a replacement. Quotes below are verbatim from public app-store and forum reviews.
Why people look for Found alternatives
Found pitches itself as free business banking for the self-employed. The 1–2★ reviews describe where that breaks — and where the useful parts (tax categorization) went:
- ““There were fees for everything! For being advertised as a no fee business account, there are a lot of charges”” — Google Play review
- ““They got rid of tax payments as a free service and are starting to only offer it as a paid premium”” — Google Play review
- ““Found froze my account… couldn't get in touch with no one. My account is still frozen.”” — Google Play review
- ““Found.com closed my bank account and is $30,000 hostage for 2 months.”” — r/Banking, Aug 2024
Income records, mileage tracking, 1099 tools, and tax set-aside in one app.
Real alternatives to Found
- Kronos: The records layer without custody: income records, receipts, 1099 organization, tax set-aside, payment requests, and transfer-status tracking — alongside whichever bank account you already have.
- Novo: Popular business checking; its own review pattern includes frozen-fund complaints and no phone support.
- Relay: Business banking with multiple sub-accounts; more structure, same fintech rails.
- Your existing bank + a records app: Keep custody where it is; run the freelance bookkeeping from your phone.
Side by side
| What matters | Found | Kronos |
|---|---|---|
| What it is | Business banking (fintech) + bookkeeping | Records + organization app; not a bank |
| Tax features | Set-aside existed free, moved to paid tier per reviews | Tax set-aside + 1099 organization in the app |
| Fees | “Fees for everything” review pattern | App Store subscription tiers |
| Account risk | Fintech account freeze/closure reports | No custody — your money never moves to KronosPay |
Who should stay with Found
Stay with Found if your account is in good standing, the free tier still covers how you use it, and you value having invoicing and the account in one place — many users are satisfied; the reviews above are the failure tail.
Where Kronos fits
Kronos is deliberately the non-bank layer: it organizes income, receipts, 1099s, and set-aside percentages, and tracks payment requests and transfers — so if your bank relationship ever goes sideways, your records and tax prep don't go with it.
Gig income records · 1099 tools · mileage tracking · tax set-aside
Frequently asked questions
Is Found really free?
Found's marketing says free business banking; reviewers report fees on multiple services and tax tools moving to a paid tier. Fintech accounts also typically monetize interchange and partner products.
What happens when Found freezes an account?
Fintech freeze/closure reports describe holds 'under review' with slow support. Keep records (invoices, statements) outside any single fintech so a freeze can't take your bookkeeping hostage.
Do I need a special bank account for 1099 work?
A separate account helps clean bookkeeping, but it doesn't have to be a fintech — a second account at your existing bank plus a records app achieves the same separation.
Can Kronos replace Found's tax set-aside?
Kronos's tax set-aside organizes the percentage you choose within the app — the records and discipline layer. It is not a bank deposit product, and KronosPay LLC is not a bank.
General educational information only; not financial, tax, legal, or investment advice. Competitor details and pricing change — verify on the official product page before deciding. No provider paid for inclusion.