Qonto: Digital business account for the self-employed on the rise!

Qonto: Digital business account for the self-employed on the rise!

Qonto is an innovative provider of digital business accounts with a clear focus on self-employed people, founders and small and medium-sized companies in Europe. Based in Paris, the company has acquired over 500,000 users since its founding in 2017, including a significant number in Germany. As a licensed electronic money institution, Qonto is regulated by the Banque de France and offers its customers high security standards, including the separation of customer funds from business assets managed by partner banks such as Crédit Mutuel Arkéa. These funds are guaranteed up to 100,000 euros per customer by the Fonds de Garantie des Dépôts et de Résolution.

Qonto's business model focuses on providing digital business accounts, corporate cards and financing solutions. Particularly noteworthy is the digital incorporation service, which allows companies to open their account online in less than 48 hours. To open an account, proof of identity and, depending on the type of company, a trade license or extract from the commercial register must be presented. Qonto supports various legal forms, including sole proprietors, GmbH, UG and AG, while partner companies, foundations, cooperatives and associations are excluded.

Versatile offers and tariff models

Qonto offers a wide range of tariff models depending on company size and specific needs. Monthly costs vary between €9 and €199, with all accounts including a German IBAN, real-time transfers and digital receipt management. In addition, automated accounting functions are included in every tariff, which enable document capture and integration with other accounting programs.

Customers can choose between different Mastercard debit cards, both physical and virtual, which come with different limits and features. Financing solutions such as business loans and installment payments are also part of the offer and can be easily applied for online.

Regulation and security

Qonto is the trading name of OLINDA SAS, a simplified joint stock company under French law registered in the Paris Trade Register. The company operates under the supervision efforts of both the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and the Federal Financial Supervisory Authority (BaFin), which provides additional regulatory certainty in Germany. Customers can be confident that their deposits are protected in accordance with applicable regulations.

The OLINDA Germany branch, which is registered in Berlin, is responsible for the German market. Here, customers are offered comprehensive information and support via digital channels and telephone to meet the specific needs of German business accounts.

With a strong focus on digital solutions and simple financial management, Qonto is particularly suitable for digitally savvy self-employed people and small businesses. Competitors such as Finom, Vivid and Tide also offer interesting alternatives, but Qonto impresses with its comprehensive functions and practical solutions for everyday business.

For more information about Qonto and its services, please visit the website Handelsblatt and Qonto.