Qonto

Qonto provides online business accounts for small companies and freelancers. Alexandre Prot and Steve Anavi founded the company in 2016. It is based in Paris, France.

Customers open an account online and get cards for themselves and their staff. The app handles transfers, invoicing, receipt capture and expense reports. Spending limits and approvals let owners control who can pay for what. Qonto also links to accounting software and offers bookkeeping tools so the accountant can see the books directly.

Its customers are small and mid sized businesses, startups and self employed workers. It operates in France, Germany, Italy and Spain, and it has been expanding into other European countries. Qonto has bought several smaller fintech firms to add features. The company has applied for a full banking licence in France. Alexandre Prot is chief executive, and the company has staff in several European cities. Its plans are priced per month by company size. Qonto has raised several funding rounds and remains privately held.