Qonto

Qonto is a challenger bank that focuses primarily on small and medium companies as well as freelancers.

Qonto's mission is to create the finance solution all businesses love through technology, elegant design, and an outstanding sense of customer care

Qonto was founded in Apr 2016 by Alexandre Prot and Steve Anavi. The company is headquartered in Paris, France. Qonto currently operates in France, Germany, Italy and Spain.

 

Qonto provides all the necessary tools to master your organization's finances. They're only better designed and slickly integrated! Transfers, debits, card payments, and all the small details you can imagine to manage your company's financial situation.

 

Qonto has expanded beyond the simple bank account. It offers three different products rolled into a single service. In addition to the everyday banking part, it also simplifies bookkeeping and accounting.

 

Qonto partners with other fintech startups and customers can also open a savings account with Cashbee and its banking partner My Money Bank. Currently there are 220,000 companies paying for Qonto every month.

 

Qonto is backed by Tiger Global, TCV, Tencent, DST Global, Alven, Valar, EIB, Alkeon, Eurazeo, KKR, Insight Partners, Exor Seeds, and others. The company raised $552M (€486M) in Series D round on Jan 11, 2022. This brings Qonto's total funding to $703.1M to date. The latest round mints Qonto a unicorn with a valuation of $5B (€4.4B) post-money.

 

 

  • Year founded: 2016
  • Funding Info: $703.1M over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $5B (€4.4B) as of Jan 11, 2022
  • City/Town: Paris
  • State: Ile-de-France
  • Country: France
Related businesses