European business finance solution firm Qonto plans to acquire French FinTech company Regate. The deal is expected to close within weeks, Qonto said in a Thursday (March 7) press release. The planned acquisition will enhance Qonto’s existing business banking solutions for small and medium-sized businesses (SMBs)...
Despite growing investor concerns and a dip in valuations of many global firms, French startups continued to raise millions in venture capital (VC) funding last year. According to data from the government-backed initiative La French Tech, local startups, including eight newly minted unicorns, raised a...
Today in the connected economy, delivery service Instacart is set to launch its first-ever credit card through a collaboration with Chase. Also, the Bank of Central African States looks at launching its own digital currency, and French digital bank Qonto looks to expand to Germany....
In today’s top news from Europe, the Middle East and Africa (EMEA), Fidel API CTO Andre Elias discusses APIs, Pan-African payment solutions provider Bizao announces a funding round and French digital bank Qonto says it will acquire German rival Penta. Real-Time Payments, APIs and Infrastructure...
February 21, 2022
Jump-starting a new business as an entrepreneur or solopreneur can be challenging no matter where an individual is based, but in Europe, business banking can be a nightmare as more established, traditional lenders often neglect individuals who do not have the typical 9-5 worker profile or a regular monthly paycheck. The frustration of dealing with […]
March 26, 2024
Qonto has added its first in-house financing offer, “Pay later,” to the business finance solutions it offers small and medium-sized businesses (SMBs) and freelancers. The new Pay later is a short-term financing, or buy now, pay later (BNPL), offer giving eligible customers in Qonto’s four markets — France, Germany, Italy and Spain — instant access to […]
March 07, 2024
European business finance solution firm Qonto plans to acquire French FinTech company Regate. The deal is expected to close within weeks, Qonto said in a Thursday (March 7) press release. The...
July 22, 2022
Qonto, the French digital bank for small businesses and freelancers, on Friday (July 22) announced its intent to acquire German rival Penta. The purchase price was not disclosed. The deal,...
January 11, 2022
Qonto, the Paris-based neobank for small- to medium-sized businesses (SMBs) and freelancers, has raised 486 million euros ($552 million) in Series D funding, the Paris-based company announced Tuesday (Jan. 11). ...
