Qonto
Business Banking France
European business banking with multi-country accounts and cards. Alternative to Mercury.
Details
Qonto is a European business-banking provider for freelancers, SMBs, and startups across eight EU markets. The product covers business current accounts, debit and virtual cards, expense management, accounting integrations, invoicing, and team controls.
Buyers evaluate Qonto on country-by-country IBAN coverage, accounting-tool integrations, expense and approval workflow depth, and pricing tiers relative to US-style neobanks and incumbent EU business accounts.
About Qonto
Qonto is a French business banking provider headquartered in Paris, founded by Alexandre Prot and Steve Anavi. The legal entity is Qonto SAS, regulated by France’s ACPR as a payment institution, with operations across France, Germany, Italy, Spain, Austria, Belgium, the Netherlands, and Portugal.
The product covers business accounts, debit/virtual cards, expense management, accounting integrations, and invoicing. Investors include Tiger Global, TCV, Insight, DST Global, KKR, and Tencent (minority). In January 2025 Qonto closed a €486M Series D, the largest French fintech round of that year.
