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B2B FinTech Qonto Files for French Banking License

Summary by PYMNTS.com
Qonto, a finance management solution for SMBs and freelancers, has submitted a banking license application in France.

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Qonto, the French neobank of origin for SMEs and self-employed, has announced the submission of an application for a bank license to the Autorité de Contrôle Prudentiel et de Résolution (ACPR), the French banking supervisor. This step will allow the firm to expand its lending, saving and investment services beyond what is offered as a payment institution.

·Madrid, Spain
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Fintech will enter a new era.

L'article How Qonto wants to pass a new course in Europe est apparu en premier sur Maddyness - Le média pour comprendre le économie demain.

Credit institution licensing would allow fintech to "enlarge its lending, savings and investment capabilities".

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20minutos broke the news in Madrid, Spain on Thursday, July 3, 2025.
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