Qonto provides digital business banking services that help companies manage money in one place. It offers business accounts and debit cards, expense and spend management, bookkeeping and reporting, and API connections to other financial systems. The platform runs on a subscription model with multiple pricing plans so businesses can start small and grow, and it supports features like bulk transfers and easy data export for accountants. It emphasizes customer service in five languages, seven days a week, to assist users. Qonto differentiates itself by handling high-volume transfers efficiently, offering straightforward bookkeeping exports, broad API integration, and scalability across business sizes. The aim is to give businesses a reliable, scalable platform for banking and financial management while simplifying reconciliation and reporting.
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Industries
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$689.3M
Headquarters
Paris, France
Founded
2016
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Total Funding
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Qonto, a European business finance platform, has launched Qonto Insights, a free, public platform that shows how small and medium-sized enterprises (SMEs) are doing. It uses anonymised, aggregated transaction data from its more than 750,000 SME customers across eight European markets. Updated monthly, the platform runs four indexes: cash buffer, AI adoption, late payments, and international transactions. Qonto says every figure passes anonymity and aggregation checks, and none can be traced to an individual customer. SMEs make up 99% of European businesses and two-thirds of jobs, yet their day-to-day reality is poorly understood. "It's about putting real-time, real-world data behind hunches and hypotheticals," said Alexandre Prot, co-founder and chief executive officer of Qonto.
Qonto launches monthly data platform for European SMEs. October 7, 2026 Qonto, the European business finance management platform, has launched Qonto Insights, a free public data platform using anonymised transaction activity from its SME customers to track the health of small businesses across Europe. The platform uses aggregated data from businesses in France, Germany, Italy and Spain and is updated on the 7th of each month. It tracks four areas of SME activity: cash buffers, AI adoption, late payments and international transactions. The Cash Buffer Index measures the number of days of reserves held by a typical business, the share with at least one month of cash and the proportion that falls into a negative balance during the month. The AI Adoption Index tracks the share of SMEs paying for AI tools, their average spending and the number of subscriptions held. The Late Payments Index measures the proportion of invoices settled late, the length of delays and the average value of overdue invoices, while the International Transactions Index tracks cross-border activity, including payment destinations and average transaction values. The first edition, covering September, points to a mixed picture for European SMEs. The median business held 18.5 days of cash runway, up 0.4 days from August. France recorded the highest median at 19.4 days, while Italy recorded 9.5 days. Across Europe, 7.4% of businesses entered a negative balance at least once during the month, down 0.2 percentage points from August. AI adoption continued to increase, with 16.7% of SMEs paying for at least one AI subscription through Qonto, compared with 10% at the start of the year. Average monthly AI spending reached €34.46, an increase of €8.02 in a single month. Late payments, however, moved in the opposite direction. Some 31.6% of invoices settled in September were paid late, rising to 38.9% in Spain. The average delay increased to 58.6 days, 10.8 days longer than in August, although the average value of a late invoice fell to €3.9k. International activity remained significant, with 20.6% of SMEs conducting business across borders. Germany recorded the highest proportion at 23.5%, with payments spanning 154 countries. Businesses with 10 or more employees were the most internationally active, with 35.1% sending or receiving cross-border payments. Qonto said the platform is intended to provide raw data rather than commentary. Its business intelligence teams aggregate and anonymise the underlying transaction data before publication, with results presented only as percentages, averages and medians to prevent individual customers from being identified. The company plans to supplement the monthly data with periodic Qonto Insights: Explained features examining country-level findings, comparing markets and exploring individual trends across the four indexes. Founded in 2017 by Alexandre Prot and Steve Anavi, Qonto serves more than 750,000 SMEs and freelancers across eight countries. Its platform combines business banking with invoicing, bookkeeping and spend management tools. The company has raised more than €600m and employs more than 1,700 people. The data comes as European SMEs continue to represent a significant part of the region's economy. There are more than 30 million SMEs across Europe, accounting for 99% of businesses and more than 100 million jobs, according to Qonto. Qonto co-founder and CEO Alexandre Prot said, "Qonto is in a fortunate position - we have a direct line to 750,000+ small businesses across eight European markets. Now, with Qonto Insights, we're putting that enviable position to even more good use, shining a light on the situation on the ground for Europe's small businesses." He added, "From exposing the rate of late invoice payments to tracking the use of AI or international growth, it's about putting real-time, real-world data behind hunches and hypotheticals, with trends that are updated every month. Qonto Insights gives everyone from journalists to policy-makers a front-row seat to the lived experience of small businesses - the EU's economic backbone - through behavior-based data that's true to life and more timely than ever." Enjoying the stories? Investors. The following investor(s) were tagged in this article.
Qonto appoints Anja Urlichs as VP Upmarket to lead its push into established SMEs across Europe. Qonto, Europe's leading business finance management solution, has appointed Anja Urlichs to lead its strategy for established and fast-growing SMEs - businesses that have outgrown basic banking and need more sophisticated financial tools as they scale. Urlichs takes the title of Vice President Upmarket, Qonto's internal term for this growing customer segment. Based in Berlin, Ulrichs brings together Product, Marketing, Sales, Customer Success and Operations to build the commercial strategy, customer experience and cross-functional operating model needed to serve these businesses as their needs evolve. Urlichs joins Qonto after 23 years at PayPal, most recently as SMB Marketing Lead for International Markets, and previously as Chief Marketing Officer for PayPal DACH. Across roles spanning Business Development, Go-to-Market and Marketing, she has launched new markets and led commercial and organisational transformation across Europe. Business Formation "Qonto built something exceptional for entrepreneurs and young businesses from day one. Many of those businesses have since grown, adding more people, processes and complexity. Our opportunity is to evolve with them while opening Qonto to more established businesses across Europe. Our ambition is not simply to win customers, but to continue earning their trust as their needs evolve. That is the challenge I joined Qonto for," said Anja Urlichs, VP Upmarket at Qonto. The appointment combines Anja's extensive international fintech experience with a real understanding of how customer needs change as businesses grow. Equally, it strengthens Qonto's international leadership team and reinforces its ambition to remain the financial partner European SMEs can count on at every stage of their journey. Get free weekly updates: Discover more
Qonto sets course for one million customers with a new flagship headquarters in the heart of Paris. Qonto has inaugurated its new headquarters on the Grands Boulevards in Paris. A huge 11,000-square-meter ocean liner to better embody the European conquest ambitions of the fintech, which intends to soon become a real bank. "Bonne-Nouvelle" for Qonto. The French fintech has moved to the Grands Boulevards area, in the 10th arrondissement of Paris, this back-to-school period. While it had seen Swile move into brand-new 3,500-square-meter premises on Rue de Navarin, in Pigalle, a year ago, Alexandre Prot's company did not remain neighbors with Loïc Soubeyrand's for long. From now on, Qonto's headquarters is located in Impasse de Bonne-Nouvelle in a huge circular building that previously housed a post office. In this ultra-modern flagship to assert its ambitions, the French company has taken possession of 11,000 square meters over nine floors, with the highlight being a rooftop that offers a panoramic 360-degree view of Paris. In detail, the building houses 900 workstations, as many as the number of employees Qonto has in France, 55 meeting rooms, 90 phone booths and two conference spaces that can gather up to 425 people. More moderate growth. With this new headquarters, Qonto not only wants to provide its employees with the best conditions, but also to assert its power in its market to become the reference financial infrastructure for SMEs, very small businesses and self-employed people. To turn this ambition into reality, the French fintech had in particular completed a €486 million fundraising round in January 2022, which had propelled its valuation to €4.4 billion. With this operation, Qonto was then the largest French unicorn. When this funding round was announced, the company hoped to cross the one-million-customer mark this year, but that horizon has finally been pushed back. Indeed, Qonto preferred to slow its growth pace so as not to burn its wings in a tense economic and political context in France and Europe. Today, the fintech claims more than 750,000 business customers in 8 European countries (France, Italy, Spain, Germany, Austria, Belgium, the Netherlands and Portugal). "Becoming a bank" Qonto's move into its new HQ thus marks a milestone in its quest for one million customers, but also a change in its status. During the short keynote to mark this inauguration, which Mayor of Paris Emmanuel Grégoire attended, Alexandre Prot, co-founder and CEO of Qonto, was very clear: "We are entering a new chapter to become a bank." In this regard, the fintech filed an application for a banking license with the Autorité de contrôle prudentiel et de résolution (ACPR) in summer 2025. With this precious key, Qonto will be able to enter the long-term credit segment. In addition to loans, the company will have the possibility to launch savings and investment products. A major step forward to gain credibility and expand further in Europe. For now, it is with its business creation solution that Qonto is gaining market share. The fintech recently rolled it out in Italy and the Netherlands. In France, one in four companies is now created with Qonto.
French neobank Qonto unveils "milestone" new central Paris HQ. Qonto's new HQ is nearly double the size of its previous HQ, it said. French neobank Qonto yesterday unveiled its new headquarters in central Paris, a 11,000 square metre site, nearly double the size of its previous headquarters, in a move heralded as a "milestone" by its CEO. Qonto has more than 600,000 SME and freelance customers across Europe, where it takes on incumbent financial players. On top of its core business banking offering, it offers SMEs and freelancers corporate cards, bookkeeping tools, expense management and short-term financing in a single hub. Qonto's new headquarters mark a significant upgrade on its previous headquarters, which was in a Paris WeWork. Its new headquarters is spread over nine floors and includes three cafes and an on-site barista service provided through Qonto's partnership with Trèfle, a French inclusive workplace-catering company employing and training people with disabilities. It also has a gym and sauna room and a terrace with spectacular views across Paris. In an effort to help the environment, some of the office furniture is second-hand. On the walls there are portraits featuring entrepreneurs from across Europe, a meeting room is named after Qonto's first customer, a map shows its European footprint, and a listening point allows teams to hear customer recordings directly. Alexandre Prot, co-founder and CEO Qonto, said: "Today marks an important milestone for Qonto. Bonne Nouvelle is where we will build Qonto's next chapter. As we move towards becoming a bank, our ambition is clear: to become the AI-powered European champion of banking and finance management for SMEs." Follow the developments in the technology world. What would you like us to deliver to you?
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Industries
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$689.3M
Headquarters
Paris, France
Founded
2016
Find jobs on Simplify and start your career today