Turnover: ()

Country: France

Fast-growing fintech, online payment system, present in France, Spain, Germany and Italy

News

Qonto ready to accelerate in France and abroad 21/11/2023

  • Qonto currently has over 400,000 business customers, and is aiming to pass the million mark by 2025.
  • The company is well positioned with professionals, the self-employed and small SMEs, and is now targeting larger companies.
  • Qonto has 1,300 employees and plans to strengthen its teams dedicated to the French market.
  • The neobank plans to expand its partnerships in financial products, credit and potentially insurance.
  • Qonto is expanding rapidly in Germany, where it has just completed the integration of its rival, Penta.
  • The company was valued at 4.4 billion euros at its last financing round in January 2022, and raised 486 million euros in this round.

The concentration of neobanks is underway. 17/10/2022

  • Neobanks account for 10% of market share
  • 2% of French people have made neobanks their main banking establishment
  • Nearly half of neobank customers now subscribe to a paying offer
  • Orange Bank, an Orange subsidiary with losses of 880 million euros in 5 years, is up for sale
  • In July, Qonto acquired its German competitor Penta
  • German N26 losses 172.4 million euros in 2021 (150.7 million in 2020).

Why is neobank Qonto giving up its leasing license? 16/09/2021

  • Qonto employs 450 people
  • Qonto announces a financing round of 104 million euros and applies for credit approval
  • To qualify for a loan, companies must have been Qonto customers for one year, and generate at least 100,000 euros in flows over one year
  • The neobank aims to target SMEs with over 200 employees
  • The company has almost doubled its workforce, from 250 to 450, in the space of a year and a half.
  • Start-up targets 500,000 customers by 2023

Financial Data

DUNS: 819489626

Legal Name: OLINDA

Address: 18 RUE DE NAVARIN , 75009 PARIS 9

Number of employees: 0 salarié (2022)

Capital: 296 518 EUR


Financial Data:

Year 2017
Turnover 124 232
Gross margin (€) 448 774
EBITDA (€) -2 317 319
Operating profit (€) -2 337 918
Net profit (€) -2 091 759
Turnover growth rate (%) -
Ebitda margin rate (%) -1 865,3
Operating margin rate (%) -1 881,9
Working Capital (turnover days) -444,8
Working Capital requirements (turnover days) -535,2
Net margin (%) -1 683,8
Added value / Turnover (%) -699,4
Wages and social charges (€) 1 745 544
Salaries / Turnover (%) 1 405,1

Company Managers:

Position First Name Last Name Age Linkedin
Président du comité de surveillance Jean-Pascal Beaufret 73
Président Steve Anavi 42
Directeur général Alexandre Prot 41
Membre du comité de surveillance Alexandre Prot 41
Membre du comité de surveillance Steve Anavi 42
Commissaire aux comptes suppléant Remi SAVOURNIN 60

Studies mentioning this company

The neobank market - France

Other companies mentioned:

  • Alma
  • Lydia
  • Nickel
  • Hello Bank !
  • Memo Bank
  • Qonto
  • Revolut
  • N-26
  • Bforbank
  • N26
  • Mangopay
  • Oney

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