Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Qonto Qonto Enterprise

A plan byQonto

4.5/5 1.6/5 · Data verified on

Qonto is a B2B neobank regulated by the ACPR in France, with over 600,000 clients, multi-IBAN coverage (FR, DE, IT, ES), more than 2,000 integrations and a 4.7/5 Trustpilot score. It is not yet a full bank, so deposits are protected through safeguarding rather than a deposit guarantee, and the Basic plan caps transfers at ten.

Qonto Enterprise

Price
€99
Issuance fee
Free
FX markup
2%
Cashback
0%
Cashback currency
Nessuno
Cashback cap
Free
Required staking
Nessuno
ATM fee
0%
ATM limit
€2 per prelievo
Net annual cost
€1,188

What's included

  • Account manager
  • Custom features
Free
Account fee
Deposit guarantee
Free
ATM withdrawal
Network
61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

Data & conditions

Account fee Free
IBAN dedicato · FR, DE, IT, ES
Multi-currency No (single currency)
Outbound transfers to third-party IBANs Yes
Utility direct billing Yes
SEPA direct debit (SDD) Yes
On-chain crypto withdrawal No
SEPA transfer Free
Interest on balance 2%
ATM withdrawal Free
Free ATM limit €2 per prelievo
Fund custody Custodial (platform holds funds)
KYC Full
Supported countries EEA · 6+ countries
Regulator ACPR
Segment B2B
MiCA / License status Payment Institution EMI (licenza bancaria richiesta 2025)

Strengths

  • 600K clients; multi-IBAN (FR,DE,IT,ES); 2000+ integrazioni; Trustpilot 4,7/5.
  • No notable sovereignty advantage documented.

Weaknesses

  • No deposit guarantee (safeguarding); piano Basic: 10 transfers.
  • Custodial: the platform holds your funds and can freeze or lose them.
  • Full KYC required: verified identity, zero pseudonymity.
  • Subject to regulation (EMI (licenza bancaria richiesta 2025)): reporting to authorities and freezes on order.

Verdict

A D ★ 4.5/5 ★ 1.6/5

Among the highest ratings in the category, with concrete reasons: over 600,000 clients, multi-IBAN coverage (FR, DE, IT, ES), more than 2,000 integrations and a 4.7/5 Trustpilot, available in Italy. The caveat that weighs is that it isn't yet a full bank — deposits are protected by safeguarding, not a deposit guarantee — and the Basic plan caps transfers at ten.

It gives up a lot through this lens: custodial with full KYC, ACPR oversight and below-average privacy (4/10). The huge ecosystem of integrations is operational value, not sovereignty; no self-custody or real confidentiality for the user.

Privacy & anonymity 30% 1.0
Fund control 20% 0.8
Censorship resistance 20% 1.5
Costs 10% 5.0

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Is Qonto a real bank?

Qonto operates under a Payment Institution licence (FR). It is regulated by ACPR. The deposit-protection scheme is not documented for this service; check the official terms.

Can I send transfers to third-party IBANs with Qonto?

Yes, Qonto allows outgoing transfers to third-party IBANs, like a traditional bank account.

Does Qonto support direct debits and utility billing?

SEPA direct debit (SDD): supported. Utility-bill domiciliation: supported.

Which fiat currencies does Qonto support?

The number of supported fiat currencies is not documented. Multi-currency accounts: not documented.

Can I withdraw crypto on-chain from Qonto?

On-chain crypto withdrawal is not documented; check the official website.

Sources

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Update history

✓ Terms unchanged since Jun 1, 2026

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