Qonto: Funding, Investors & Team (Sep 2026)
The idea of Qonto was born out of frustration: as Alex and Steve were building their first company together (Smok.io - acquired in 2015), they got very frustrated with their own banking experience. Dealing with their finances was time-consuming, complex, and forced them to use outdated tools.The two founders decided to scratch their own itch. In 2017, they started to work on Qonto, the bank they would have loved to use as entrepreneurs. Two years later, 50,000 business customers now trust Qonto with their finances, a clear sign that SMEs have been neglected for too long and that traditional institutions have failed to propose a banking experience that fits the needs of entrepreneurs. The ambition is now very clear: building the bank all European businesses love.
Qonto has raised $558M across 4 funding rounds on record, the most recent a Grant of $500k announced in Oct 2022.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Qonto Company Profile and Key Stats
Latest funding round on record: Oct 2022.
Qonto Funding Rounds
1 of 4 rounds was announced without a disclosed amount and is excluded from the total.
Qonto announced an undisclosed round in Nov 2021; the amount was not disclosed.
2 months later, a Series D of $552M was announced in Jan 2022.
3 months later, an Equity Crowdfunding of $5.4M was announced in Apr 2022.
6 months later, a Grant of $500k was announced in Oct 2022.
Qonto Founders and Leadership Team
Contact details for the Qonto team: 2 of 2 have an email address on file.
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Qonto's latest round of $500k is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Qonto Funding FAQs
What does Qonto do?
The idea of Qonto was born out of frustration: as Alex and Steve were building their first company together (Smok.io - acquired in 2015), they got very frustrated with their own banking experience. Dealing with their finances was time-consuming, complex, and forced them to use outdated tools.The two founders decided to scratch their own itch. In 2017, they started to work on Qonto, the bank they would have loved to use as entrepreneurs. Two years later, 50,000 business customers now trust Qonto with their finances, a clear sign that SMEs have been neglected for too long and that traditional institutions have failed to propose a banking experience that fits the needs of entrepreneurs. The ambition is now very clear: building the bank all European businesses love.
How much funding has Qonto raised?
Qonto has raised $558M across 4 rounds on record. The most recent is a Grant of $500k announced in Oct 2022.
When did Qonto last raise funding?
Qonto's most recent funding round on record is a Grant of $500k, announced in Oct 2022.
Who founded Qonto?
FundedIQ lists Steve Anavi (Founder) at Qonto.
Who is the CEO of Qonto?
Alexandre Prot is listed as CEO at Qonto.
Where is Qonto headquartered?
Qonto is based in Paris, Ile-De-France, France.
How many employees does Qonto have?
Qonto is in the 501-1000 employee band.
How does Qonto's funding compare to other Financial Services startups?
Qonto's latest round of $500k is below the $14M median round size for Financial Services companies on FundedIQ across 5,746 tracked companies over the last two years.
About FundedIQ's Qonto Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Qonto is left off this page rather than filled in.
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