Company:Qonto

From HandWiki
Qonto
IndustryFinancial services
Founded2017
Founders
  • Steve Anavi
  • Alexandre Prot
Headquarters
Paris
,
France
Revenue€495.4 million[1] (2025)
€92.8 million[1] (2025)
Websiteqonto.com

Qonto is a French financial technology company that provides financial and accounting services to freelancers and SMEs.[2] It launched its services in 2017 and operates primarily in Europe.[3]

The company was previously named Olinda and adopted Qonto as its legal name in January 2026.[4]

History

Qonto was established in 2016 and launched its services in France in July 2017.[5][6] The company was co-founded by Steve Anavi and Alexandre Prot. Alexandre Prot is the son of Baudouin Prot, the former chairman of BNP Paribas.[7]

The company raised €1.6 million in seed funding in January 2017, followed by a €10 million round from Alven Capital and Valar Ventures in July.[8][9]

In July 2018, it obtained its payment institution license from the Autorité de contrôle prudentiel et de résolution (ACPR)[10] and raised 20 million euros.[11][12]

The company expanded into Spain, Germany, and Italy in 2019.[11] In January 2020, it raised €104 million from investors including Alven, Valar Ventures and Tencent.[13][14]

In 2022, Qonto raised €486 million in a funding round that valued the company at €4.4 billion, to support its expansion in Europe.[15]

In March 2024, Qonto acquired Regate.[16]

In early 2025, it announced a partnership with Infogreffe.[17] In July 2025, Qonto, then operating as a payment institution, announced that it had applied for a banking licence from the Autorité de contrôle prudentiel et de résolution (ACPR).[18]

In July 2026, the neobank announced the acquisition of Acasi[19].

Services

Qonto provides business accounts for small and medium-sized enterprises and self-employed people. Its accounts include payment cards, alongside tools for invoicing, managing expenses and bookkeeping. Customers can also connect banking account to accounting software.[20] Since 2025, Qonto offers its payment terminal.[21]

Operations

As of July 2025, Qonto served around 600,000 business customers across France, Germany, Italy, Spain, Austria, Belgium, the Netherlands and Portugal.[22]

France is its largest market, and the acquisition of Regate in 2024 added tools for accountants.[23] Entrusted funds are held at the bank Crédit Mutuel Arkéa, which serves as Qonto's credit institution.[24]

In Germany, Qonto acquired Penta in 2022 and later announced plans to move its customers to Qonto's platform by the end of 2023.[25]

Qonto initially operated in France, Germany, Italy and Spain. It began expanding into Austria, Belgium, the Netherlands and Portugal in 2024.[26]

The Modern Pentathlon Federation of France, which was defrauded of €672,139 by a scammer in 2023, took legal action against its bank, Qonto, accusing it of failing to meet its security obligations. In June 2025, Qonto was ordered to reimburse the full amount of the loss.[27]

References

  1. ↑ 1.0 1.1 "Qonto dépasse les 10 milliards d'euros de bilan, son bénéfice recule de 36 %" (in fr). 2026-08-11. https://www.lesoutilspro.fr/qonto-10-milliards-bilan-resultats/. 
  2. ↑ Angrand, Marc (2025-07-03). "La fintech française Qonto veut devenir une banque à part entière" (in fr). Le Monde. https://www.lemonde.fr/economie/article/2025/07/03/la-fintech-francaise-qonto-veut-devenir-une-banque-a-part-entiere_6617469_3234.html. 
  3. ↑ "Newsroom". https://qonto.com/en/press. 
  4. ↑ "QONTO : informations juridiques et financières" (in fr). https://www.pappers.fr/entreprise/qonto-819489626. 
  5. ↑ "QONTO : informations juridiques et financières" (in fr). https://www.pappers.fr/entreprise/qonto-819489626. 
  6. ↑ "Newsroom". https://qonto.com/en/press. 
  7. ↑ Sharon Wajsbrot (January 10, 2017). "Qonto veut conquérir les comptes de start-up". Les Échos. https://www.lesechos.fr/2017/01/qonto-veut-conquerir-les-comptes-de-start-up-157311. .
  8. ↑ Claude Leguilloux (2017-01-16). "Qonto annonce une levée d'amorçage de 1,6 million d'euros". https://www.boursier.com/actualites/news/qonto-annonce-une-levee-d-amorcage-de-1-6-millions-d-euros-713359.html. .
  9. ↑ "Qonto launches its digital bank accounts for small companies" (in en-US). https://techcrunch.com/2017/07/05/qonto-launches-its-digital-bank-accounts-for-small-companies/. .
  10. ↑ "La néobanque Qonto obtient un agrément d'établissement de paiement". L'Agefi. 2018-09-03. https://www.agefi.fr/fintech/actualites/quotidien/20180903/neobanque-qonto-obtient-agrement-d-etablissement-254966. .
  11. ↑ 11.0 11.1 Bregeras, Guillaume (2018-09-24). "Qonto lève 20 millions d'euros pour viser l'international". Les Échos Executives. https://business.lesechos.fr/entrepreneurs/financer-sa-creation/0302288014919-qonto-leve-20-millions-d-euros-pour-viser-l-international-323565.php#Xtor=AD-6000. .
  12. ↑ Delphine Cuny (2018-09-24). "La néobanque pour entreprises Qonto lève 20 millions d'euros". La Tribune. https://www.latribune.fr/entreprises-finance/banques-finance/banque/la-neobanque-pour-entreprises-qonto-leve-20-millions-d-euros-791401.html. .
  13. ↑ "Challenger business bank Qonto raises $115 million round led by Tencent and DST Global" (in en-US). January 20, 2020. https://techcrunch.com/2020/01/20/challenger-business-bank-qonto-raises-115-million-round-led-by-tencent-and-dst-global/. .
  14. ↑ "Le chinois Tencent poursuit son incursion dans la fintech française". Les Échos. 2020-01-21. https://www.lesechos.fr/finance-marches/banque-assurances/le-chinois-tencent-poursuit-son-incursion-dans-la-fintech-francaise-1164625. .
  15. ↑ "France: Qonto lève 486 millions d'euros pour accélérer sa croissance en Europe". January 11, 2022. https://www.challenges.fr/economie/france-qonto-leve-486-millions-d-euros-pour-accelerer-sa-croissance-en-europe_796203. 
  16. ↑ "La fintech française Qonto acquiert Regate et s'adresse maintenant aux experts-comptables". March 7, 2024. https://www.lefigaro.fr/flash-eco/la-fintech-francaise-qonto-acquiert-regate-et-s-adresse-maintenant-aux-experts-comptables-20240307. 
  17. ↑ "Qonto poursuit sa stratégie de consolidation, entre partenariats et acquisitions" (in fr). 2025-02-25. https://www.lesechos.fr/thema/articles/qonto-poursuit-sa-strategie-de-consolidation-entre-partenariats-et-acquisitions-2150554. 
  18. ↑ Angrand, Marc (2025-07-03). "La fintech française Qonto veut devenir une banque à part entière" (in fr). Le Monde. https://www.lemonde.fr/economie/article/2025/07/03/la-fintech-francaise-qonto-veut-devenir-une-banque-a-part-entiere_6617469_3234.html. 
  19. ↑ "Quand les néobanques bousculent les positions historiques des experts-comptables". 2026-07-28. https://www.lesechos.fr/finance-marches/banque-assurances/quand-les-neobanques-bousculent-les-positions-historiques-des-experts-comptables-2244630. 
  20. ↑ "About Qonto". https://qonto.com/en/about. 
  21. ↑ "Qonto, la néobanque des PME, se lance dans les terminaux de paiement". Les Echos. May 20, 2025. https://www.lesechos.fr/finance-marches/banque-assurances/qonto-la-neobanque-des-pme-se-lance-dans-les-terminaux-de-paiement-2166195. 
  22. ↑ Angrand, Marc (3 July 2025). "La fintech française Qonto veut devenir une banque à part entière" (in fr). Le Monde. https://www.lemonde.fr/economie/article/2025/07/03/la-fintech-francaise-qonto-veut-devenir-une-banque-a-part-entiere_6617469_3234.html. 
  23. ↑ "Flush with cash, French fintech unicorn Qonto acquires Regate". TechCrunch. 6 March 2024. https://techcrunch.com/2024/03/06/flush-with-cash-french-fintech-unicorn-qonto-acquires-regate/. 
  24. ↑ Romain Gueugneau (August 26, 2021). "Crédit Mutuel Arkéa conforté par des résultats record au premier semestre". Les Échos. https://www.lesechos.fr/finance-marches/banque-assurances/credit-mutuel-arkea-conforte-par-des-resultats-record-au-premier-semestre-1341226. .
  25. ↑ "Qonto plans to move Penta customers to its platform by the end of 2023". TechCrunch. 10 January 2023. https://techcrunch.com/2023/01/10/qonto-plans-to-move-penta-customers-to-its-platform-by-the-end-of-2023/. 
  26. ↑ "Tiger-backed French fintech Qonto seeks €5bn valuation in share sale". Financial Times. 8 November 2024. https://www.ft.com/content/9c5905d8-50de-4e25-85ec-492435c5d09e. 
  27. ↑ "La Fédération de pentathlon moderne fait condamner Qonto après une incroyable arnaque au faux conseiller bancaire". L'Equipe. October 16, 2025. https://www.lequipe.fr/Pentathlon-moderne/Actualites/La-federation-de-pentathlon-moderne-fait-condamner-qonto-apres-une-incroyable-arnaque-au-faux-conseiller-bancaire/1602107. 



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