Qonto

Qonto is a French company headquartered in Paris that offers online business accounts for freelancers and small and medium-sized companies. Steve Anavi and Alexandre Prot founded it in 2016, and the service launched in 2017. Qonto reports more than 750,000 business clients and works under the supervision of the French authority ACPR.

Features

• Business account with IBAN, SEPA and international transfers, Mastercard debit and credit cards, virtual cards
• Invoicing with embedded payment links, compliant e-invoicing and bookkeeping tools
• Expense management, Tap to Pay and payment terminals for taking card payments
• Credit offers and help with creating a company

Good to know

Qonto is for business customers only, there is no personal account. It operated for years as a licensed payment institution rather than a bank. Funds at a payment institution are safeguarded under payment services law instead of being covered by a bank deposit guarantee. Plans and prices are listed on the website.