qonto bank
qonto card
5.0
5/5

Qonto review

Qonto is the 100% digital neobank. It launched in France in 2017. It’s one of the banks designed purely for the business market, and it has been a roaring success, growing to over 65,000 business customers in the two-plus years since. The bank gained a license from the French Prudential Supervision and Resolution Authority in 2018 and is supervised by the ACPR. Money saved with Qonto is kept completely separate from Qonto’s own finances, a regulatory requirement for making customers’ accounts safe.

How to open a Qonto account?

Opening an account with Qonto can be done online, as you might expect from a 100% digital bank. You’ll need details about your company, but it’s still a relatively quick process and isn’t difficult to do.

Supported legal forms are SAS, SASU, SARL, EURL, SC, micro-enterprises, professions libérales

All accounts offered are current accounts, so there isn’t much to speak of in terms of interest. Fees for accounts and cards range from €9 to €300 a month for bigger accounts, depending on whether you opt for a solo account as a freelancer or an account for a large business. These rates seem more than fair when considering the number of useful features Qonto has managed to pack into its banking platform.

Qonto offers a range of accounts to suit freelancers, companies, and company creators. Each of these account types is tailored to its audience, with tiered levels providing different features for a slightly higher monthly fee. This means it’s easy to customize your Qonto account to suit your needs – nothing less, nothing more.

Qonto doesn’t offer loans at this time.

qonto teams
qonto solo

Qonto partnered up with legalstart.fr and recommending its services if the client wants to start a new company in France. This can be done 100% online and in 20 minutes. 

Qonto has a great mobile app that is available on both iOS and Android. The apps are intuitive and fast and allow you to manage your account, make transfers, manage team members, etc. You can also log in with fingerprint verification, making them even quicker to use.

How can I add funds to a Qonto account?

Funds can be added to your Qonto account using a range of payment methods, including bank transfers and now, cheques. This is incredibly convenient for businesses that work with a range of clients, many of whom may use unusual or outdated payment methods.

Conclusion

Qonto is an excellent solution for businesses that want to streamline and hasten their banking processes without paying extortionate fees. There are multiple packages designed to suit businesses in a range of sizes, and the web app offers a range of great services to help with bookkeeping and budget management.
Overall, if you’re looking for a bank for your company to use or a freelancer looking to simplify your statements, it’s hard to go wrong with Qonto. This record-making French bank looks set for bigger and better things every year with an ever-growing array of innovations and technologies available to its customers.