01
SESweden
Bokio was founded in Gothenburg in 2015 with the goal of creating an innovative accounting service to free up time for entrepreneurs who want to focus on their business.
Alt to:QuickBooks, Xero, Sage Business Cloud Accounting
Alt to:QuickBooks, Xero, FreshBooks
03
GBUnited Kingdom
One product. 17 years. 250+ employees. Over 200,000 users. There’s so much to say about it all. But here’s the version that fits the character limit. We’re F
Alt to:QuickBooks, Xero, FreshBooks +2
04
SESweden
With Kleer's Finance-as-a-Service (FaaS) model, customers get a complete solution for financial and payroll management that is industry-focused and combines smart automation.
Alt to:QuickBooks, Xero, NetSuite
Alt to:Xero, QuickBooks, FreshBooks +11
Alt to:QuickBooks, Xero, Sage Business Cloud Accounting +1
Alt to:FastBill Phoenix, QuickBooks Online, Xero +2
09
SESweden
SpeedLedger makes it easier to run a small business. By automating day-to-day accounting, SpeedLedger helps more than 25,000 small business owners save time and stay organized.
Alt to:Visma eÖkonomi, Wallee, Xero +1
10
SESweden
Att driva företag med Spiris (tidigare Visma Spcs) är enkelt. Vi är den flexibla ekonomiplattformen. Allt finns samlat och automatiserat med smarta funktioner –
Xero alternatives compared
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| Service | Headquarters | Data hosting | EU data residency | Low Cloud Act exposure | Open source |
|---|---|---|---|---|---|
| Bokio | Sweden | EU (any EU region), EEA | No | Yes | No |
| Fortnox | Sweden | EU (any EU region) | Yes | Yes | No |
| FreeAgent | United Kingdom | United Kingdom | Yes | Yes | No |
| Kleer | Sweden | EU (any EU region), EEA | No | Yes | No |
| lexoffice | Germany | Germany | Yes | Yes | No |
| Pennylane | France | EU (any EU region) | Yes | No | No |
| Sage | United Kingdom | United Kingdom, Ireland | Yes | No | No |
| sevDesk | Germany | Germany | Yes | No | No |
| SpeedLedger | Sweden | Sweden | Yes | No | No |
| Spiris | Visma | Sweden | EU (any EU region), Netherlands, Norway, Sweden | Yes | No | No |
Frequently asked questions about Xero alternatives
What are the best EU alternatives to Xero?+
The EU Alternatives Directory lists 10 European alternatives to Xero, including Bokio, Fortnox, FreeAgent. Each one is checked for European headquarters and data protection practices.
Why switch from Xero to an EU alternative?+
An EU-based alternative keeps your data under European jurisdiction and GDPR. It reduces exposure to the US Cloud Act and foreign data access laws.
Are EU alternatives to Xero as good?+
Many EU alternatives to Xero offer comparable features, with the added benefit of European data residency and digital sovereignty.
How are these Xero alternatives verified?+
We check the legal entity, country of headquarters and hosting locations. Only providers based in the EU, EEA, UK, Switzerland or Ukraine are listed.