Grasshopper vs Nomo.
Grasshopper (G72/100) and Nomo (N52/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. Grasshopper leads Nomo 4-3.
| G Grasshopper №29 · OCC 72 /100 | N Nomo №68 · FCA 52 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 72 /100 | 52 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €0 Free tier |
| FX markup Debit card abroad | Interbank | 1.00% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Partner-bank OCC | Payment inst. FCA |
| Deposit guarantee Per depositor | $250,000 US.FDIC | Safeguarded GB.FSCS |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 2 countries |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | Yes |
| UX | ||
| Trustpilot Customer score | — | — |
| App store iOS + Android avg | 4.2 ★ iOS 4.3 · And 4.0 | 4.3 ★ iOS 4.4 · And 4.2 |
| Read review → | Read review → | |
Pick Grasshopper if…
The OCC-chartered US national bank for startups — the structural distinction from Mercury / Brex / Bluevine / Rho is that Grasshopper IS the bank. Direct FDIC cover at the chartered-bank level, multi-bank Cash Sweep extending to $25M. Free business checking with API access. The structural fit for US-incorporated startups wanting a real bank relationship rather than a partner-bank fintech.
Pick Nomo if…
Sharia-compliant digital bank — Boubyan Bank Kuwait digital arm via Bank of London + The Middle East (BLME, FCA-licensed). Cross-border GCC-UK money management. UK FSCS GBP 85K + Kuwait DPS via parent. Unique dual-passport structure.
- Best for fees Grasshopper won 1 of 4
- Best for protection Grasshopper won 2 of 2
- Best for reach Nomo won 2 of 3
- Best for ux Nomo won 1 of 2
Grasshopper vs Nomo — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Grasshopper better than Nomo?
Under our v3 methodology, Grasshopper leads Nomo 4–3 across 12 dimensions. Composite scores: Grasshopper 72/100 vs Nomo 52/100. Grasshopper is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Grasshopper or Nomo cheaper?
Monthly fee — Grasshopper: €0; Nomo: €0. Card FX markup — Grasshopper: Interbank; Nomo: 1.00%. Grasshopper wins more fee rows (1 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Grasshopper or Nomo?
Grasshopper holds a Partner-bank licence under OCC; deposit guarantee per depositor: $250,000. Nomo holds a Payment inst. licence under FCA; deposit guarantee per depositor: Safeguarded. Grasshopper is the stronger pick on regulatory protection.
Where can I use Grasshopper and Nomo?
Grasshopper operates in 1 country; Nomo operates in 2 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.