European Alternatives to Xero
New Zealand cloud accounting platform for small businesses and their accountants. Below are 7 alternatives from companies headquartered in Germany, the Netherlands, Italy, Sweden, Spain, France and Denmark. 5 of them keep data in the EU only.
Headquartered in Europe
Every company listed here has its headquarters in the EU, EEA, UK or Switzerland, not just a data centre there.
Data location you can check
The pricing table shows whether each one keeps data in the EU only, offers an EU region, or does not say.
Outside the US CLOUD Act
US providers can be ordered to hand over data held in their European data centres. A European company with no US parent or US operations is outside that reach.
Compare Xero Alternatives
| Company | Headquarters | Data Residency | Founded | Pricing | Open Source | Employees | Funding | Replaces | Website |
|---|---|---|---|---|---|---|---|---|---|
| Nuremberg, Germany | 🇪🇺 EU Only | 1966 | Custom / partner-led | ❌ No | ~8,500 | Member-owned cooperative | QuickBooks, Xero | Visit | |
| Delft, Netherlands | 🇪🇺 EU Available | 1984 | Custom / tiered business plans | ❌ No | ~2,000 | Established private software company | QuickBooks, Xero | Visit | |
| Pesaro, Italy | 🇪🇺 EU Only | 2014 | From tiered annual or monthly plans | ❌ No | ~200 | Part of TeamSystem | QuickBooks, Xero | Visit | |
| Vaxjo, Sweden | 🇪🇺 EU Only | 2001 | From modular monthly plans | ❌ No | ~1,500 | Public company (Nasdaq Stockholm) | QuickBooks, Xero | Visit | |
| Barcelona, Spain | 🇪🇺 EU Only | 2016 | From tiered monthly plans | ❌ No | ~200 | Acquired by Visma | QuickBooks, Xero | Visit |
Xero Alternatives: Pricing and Hosting Compared
Starting prices are the lowest paid plan each vendor publishes. Check the vendor's pricing page before you buy, as plans change.
| Alternative | Country | Free plan | Paid plans | Open source | Data residency |
|---|---|---|---|---|---|
| DATEV | Germany | No | Custom quote | No | EU only |
| Exact Online | Netherlands | No | Custom quote | No | EU region available |
| Fatture in Cloud | Italy | No | Not published | No | EU only |
| Fortnox | Sweden | No | Not published | No | EU only |
| Holded | Spain | No | Not published | No | EU only |
| Pennylane | France | No | Custom quote | No | EU only |
| Visma e-conomic | Denmark | No | Not published | No | EU region available |
7 European Alternatives
DATEV
German accounting and tax platform built for accountant handoff, bookkeeping compliance, payroll, and finance workflows.
Dutch accounting and ERP platform for bookkeeping, invoicing, cash flow, and operational finance workflows.
Italian invoicing and accounting platform tailored to VAT, e-invoicing, and SMB finance operations.
Swedish finance suite covering bookkeeping, invoicing, payroll, and tax workflows for local SMB operations.
Spanish SMB back-office suite covering invoicing, accounting, CRM, inventory, and project operations.
French accounting and finance workspace combining bookkeeping, invoicing, spend visibility, and reporting.
Danish cloud accounting platform built for SMB bookkeeping, invoicing, VAT workflows, and accountant collaboration.
What to Check Before Switching from Xero
Where your data will be stored
5 of the 7 alternatives here say they keep data in the EU only. Exact Online and Visma e-conomic offer an EU region alongside others, so choose it explicitly when you set up the account.
How you can try it
None of the alternatives here publishes a free plan, so plan for a paid trial period that overlaps with Xero. DATEV, Exact Online and Pennylane sell on custom quotes only, which usually means a sales call before you can try it.
Security certifications
We have not confirmed a security certification for any of these alternatives yet. If your procurement requires ISO 27001 or SOC 2, ask each vendor for its documentation.
What you need to bring from Xero
List the data, templates and integrations you rely on in Xero, then confirm each one can be exported and that the alternative can import it or offers an API to rebuild it.
Frequently Asked Questions
- What are the European alternatives to Xero?
- We list 7 companies headquartered in Europe that replace Xero: DATEV (Germany), Exact Online (Netherlands), Fatture in Cloud (Italy), Fortnox (Sweden), Holded (Spain), Pennylane (France) and Visma e-conomic (Denmark).
- Is there a free European alternative to Xero?
- None of the alternatives listed here publishes a free plan.
- Which Xero alternatives keep data in the EU?
- DATEV, Fatture in Cloud, Fortnox, Holded and Pennylane keep data in the EU only. Exact Online and Visma e-conomic let you choose an EU region.