Comparison
Memo Bank vs Qonto
A side-by-side look at Memo Bank and Qonto — pricing, regions, integrations, pros and cons. Use the recommender if you'd rather have an AI pick for you.
Memo Bank
The bank designed for mid-sized European companies.
Memo Bank is a fully licensed French bank serving SMEs with €1-50M revenue, offering accounts, cards and credit lines.
Qonto
The finance solution that simplifies everything but accounting.
Qonto is a European business neobank used by 500k+ businesses across France, Germany, Italy, Spain, Belgium, Netherlands, Austria and Portugal — offering accounts, cards, invoicing and accounting.
Side-by-side
| Spec | Memo Bank | Qonto |
|---|---|---|
| Tagline | The bank designed for mid-sized European companies. | The finance solution that simplifies everything but accounting. |
| Headquarters | Paris, France | Paris, France |
| Founded | 2017 | 2016 |
| Regions | EU | EU |
| Card type | Mastercard debit | Mastercard debit (One, Plus, X, Metal) |
| Pricing | From €99/mo. | From €9/mo Basic up to €249/mo Enterprise. |
| Rewards | — | Cashback on premium card tiers. |
| Best for | French mid-market SMEs | European SMBs, Freelancers, Startups |
| Integrations | Custom integrations | Datev, Sage, Cegid, Pennylane, QuickBooks, Xero |
Memo Bank: pros & cons
- Real bank, not a neobank
- French market focused
Qonto: pros & cons
- Fastest-growing EU neobank
- Strong local accounting integrations
- Pan-European reach
- No credit product
- EU-only