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Qonto Competitors and Similar CompaniesClear all

Qonto's competitors and similar companies include Wise and Monzo Bank.

	Qonto Qonto (also known as Olinda) is a company that offers business finance solutions.	Wise Wise (formerly known as Newco) is a financial technology company that provides money transfer and online currency exchange solutions.	Monzo Bank Monzo Bank (formerly known as Mondo) is a company that provides digital banking products and services.
Founding Date	Founding Date 2016	Founding Date 2011	Founding Date 2015
Type	Type Private	Type Public	Type Subsidiary
Tags	Tags Technology accounting automation financial management fintech payments platform	Tags Technology exchange fintech money transfer payments platform	Tags Financial Services accounting insurance investment management mortgages
Locations	Locations Paris, FR HQ Paris, FR Berlin, DE Milan, IT Barcelona, ES	Locations London, GB HQ Melbourne, AU Sydney, AU Sydney, AU Brussels, BE Brussels, BE São Paulo, BR see more	Locations London, GB HQ
Employees	Employees 2,0451% increase	Employees 6,000	Employees 3,8133% increase
Financial
Revenue (est.)	Revenue (est.) €37m (FY, 2020)	Revenue (est.) £1.2b (FY, 2025)	Revenue (est.) £355.6m (FY, 2023)
Cost of goods	Cost of goods €17.3m (FY, 2020)	Cost of goods £263.1m (FY, 2025)	Cost of goods £141.1m (FY, 2023)
Gross profit	Gross profit €19.8m (FY, 2020)	Gross profit £955.9m (FY, 2025)	Gross profit £214.5m (FY, 2023)
Net income	Net income (€26.9m) (FY, 2020)	Net income £416.7m (FY, 2025)	Net income (£116.3m) (FY, 2023)
Operating ⚠
Customers	Customers N/A	Customers 10 m (FY, 2023)	Customers 7.4 m (FY, 2023)
Deposits from Customers	Deposits from Customers N/A	Deposits from Customers £10.7b (FY, 2023)	Deposits from Customers £5.9b (FY, 2023)
Product Categories	Product Categories 4 (Aug, 2023)	Product Categories 3 (FY, 2023)	Product Categories N/A
Funding
Total funding raised	Total funding raised $ 151.1m	Total funding raised $ 1b	Total funding raised $ 1.5b