Overview
Qonto, at a glance.
Qonto is a payment institution headquartered in France, regulated by ACPR. Business accounts cost from €9 a month. Opening an account takes 3–5 days.
Customer funds are safeguarded separately from Qonto's own money, with partner banks.
Why businesses pick Qonto
- From €9 a month for freelancers and small companies
- Invoicing, receipts and bookkeeping tools built in
- Open to sole traders, partnerships and limited companies, and holding companies in France
- Support by chat, email and phone
- Trustpilot score of 4.7 from more than 60,000 reviews
Watch out for
- Only for businesses registered in eight countries: Austria, Belgium, France, Germany, Italy, the Netherlands, Portugal and Spain
- Holds euros only
- Currency exchange costs 0.56% to 1.8%, with a €5 minimum
- Casinos and gambling, mining, auction houses and debt collection are not accepted
Business fit
Will Qonto accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Qonto's published rules
Likely no
Qonto does not list United Kingdom among the countries where it accepts companies.
Qonto does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Qonto publishes about the businesses it takes on.
Who Qonto serves
- Freelancers
- Startups and SMEs
- E-commerce
- Professional services
All 7 industries on Qonto's accepted list
- SMEs
- Startups
- Freelancers/sole proprietors
- International companies
- E-commerce
- Professional services
- Business groups/holdings
Not supported
Industries and countries Qonto does not accept, from its own published lists.
Industries
- Accessibility diagnosis (Ad’Ap)
- Cannabis/derivative products above applicable THC thresholds or with THC not indicated
- Mining industry
- Energy Efficiency Certificates (CEE)
- Any illegal activity
- Auction houses/artwork selling
- Cartomancy, fortune-telling, clairvoyance, astrology or tarology
- Casinos and gambling
- Factoring/debt collection
- Financial/fiscal agent not registered with a regulator
- Holding a marketplace
- Insurance brokerage not registered with an administration
- Management of funds, portfolios or collective investments without regulatory registration
- Military activities, weapons and military vehicles
- Mining, staking, NFT creation/commercialisation, blockchain development, hot/cold-wallet development, decentralised exchange or PSAN activity without registration
- Money-transfer platform, remittance or P2P payment service
- Industrial or cosmetic chemical sales
- Protein powders, dietary supplements and medicines
- Online file sharing
- Mobile SIM cards and top-up cards
- Sex, pornography, sex toys, escorting or prostitution
- Goods/services that may harm another person’s image, honour or reputation
- Tobacco/smoking products including THC, CBD and e-cigarettes
- Trading/brokerage platform or activity related to currencies, precious metals, gemstones, products or securities
- Unlicensed payment services, crowdfunding or crowdlending
Countries
- Not published
Coverage
Where can you use Qonto?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
EUR account
Hold and receive · 1 currencies
- EUR
Pay out · 31 currencies
- USD
- GBP
- CHF
- CAD
- AUD
- JPY
- AED
- CLP
- CNY
- CRC
- DKK
- HKD
- HUF
- IDR
- ILS
- INR
- KES
- KRW
- MAD
- MXN
- MYR
- NOK
- NZD
- PLN
- RON
- SEK
- SGD
- THB
- TRY
- UYU
- ZAR
Payment reach
Not published
Who can apply
Company incorporation countries8 countries · show list
- Austria
- Belgium
- Germany
- Spain
- France
- Italy
- Netherlands
- Portugal
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Limited companies, Public companies, Partnerships, Sole traders and freelancers
Pricing
What does Qonto cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
€9–39
depends on plan
Basic
Lowest cost€9 per month
Setup fee not published
Smart
€19 per month
Setup fee not published
Premium
€39 per month
Setup fee not published
Transaction fees
Ranges span the plans; higher plans pay the lower end.
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | 0.56–1.8%, min €5 | Percentage, with a minimum charge; varies by plan · 0.8% on standard currencies and 1.8% on others for Basic and Smart; lower on Premium |
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | €2 | Fixed fee · A month, on plans for one person |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Qonto a bank?
No. Qonto SA is a payment institution authorised in France by the ACPR, reference CIB 16958. Customer funds are safeguarded with partner banks.
How much does Qonto cost?
Plans start at €9 a month for Basic, €19 for Smart and €39 for Premium, excluding VAT. Currency exchange costs 0.56% to 1.8% with a €5 minimum.
Who can open a Qonto account?
Businesses registered in Austria, Belgium, France, Germany, Italy, the Netherlands, Portugal or Spain, including freelancers and sole traders.
Which businesses does Qonto not accept?
Its list of 25 includes casinos and gambling, the mining industry, auction houses, fortune-telling, factoring and debt collection, and unregistered financial agents.
Alternatives
How Qonto compares.
If Qonto is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 QontoThis pagePayment institution |  | FreelancersInvoicing tools |
 FinomE-money institution |  | Freelancers and small companiesInvoicing |
| bunq BusinessBank | | Deposit protectionFreelancers |
 Revolut BusinessBank |   | Cards and spend controlsStartups and SMEs |
 WamoE-money institution |  | Free planSole traders |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.