A straightforward comparison of Qonto and Revolut business: which is the best pro account?

Our Qonto vs Revolut Business review in brief

Both Qonto and Revolut business offer their customers a wide range of financial services. Both are among the most reputable online banks. If you're looking to open a business account, these two solutions are probably right for you.

There is, however, an alternative with even more advanced features: Hero.

Introducing Qonto

Qonto is a French financial institution 100% online . Whether you are self-employed or a company, you can open a business account in just a few clicks. just a few clicks Qonto offers financial services for all types of legal status (SA, EIRL, EURL, SC and SCI, SASU, micro-entreprise, etc.).

Qonto was created by Steve Anavi and Alexandre Prot. The two founders felt that the services offered by traditional banks were not adapted to SMEs, so the pro account offered by Qonto meets the specific needs of small businesses, but is also suitable for large corporations.

Qonto's main features

Here are the main features of a Qonto pro account.

Mastercard bank card

When you subscribe to any Qonto offer, you have access to at least one Mastercard bank card The features offered vary according to the offer taken out. Services, limits, assistance and insurance included in the cards may vary according to the type of offer.

Qonto's pro account also lets you assign cards to your employees, while controlling their spending. You can monitor and control in real time expenses. A block/unblock function is also included.

Accounting tools

Qonto allows you to :

• Managing expenses

• Manage expense reports

• Create invoices

• Control and manage account access authorizations

• Etc.

Thanks to integration with the most common accounting tools Your account is automatically updated. This saves you time and avoids the risk of input errors.

Remote account management

With its simple, intuitive design, the Dashboard lets you quick and easy access to your account from your smartphone or PC. It lets you :

• Check your balance

• Making online payments

• Making transfers

• Track your expenses

• Etc.

A multi-user account

A Qonto pro account can be managed by one or more users. This makes it possible to share access to your Qonto pro account with your colleagues. You have a great deal of freedom of action when it comes to accessing your account:

• Control the actions of each user

• Assign specific functions to each

• Define each user's access level

All these provisions ensure more efficient and effective processing of financial data.

Responsive customer service

A customer service department is available to customers via chat and telephone to guarantee responsiveness.

Qonto rates and offers

Qonto offers products for two distinct types of customer: freelancers and companies.

Offers for freelancers from 9 euros/month.

Here are the three possible offers for businesses:

• Qonto Essential at 29 euros/month including 4 accounts, 100 SEPA transfers, 3 cheque cashings and 2 bank cards

• Qonto Business at 99 euros/month : with 5 accounts, 500 SEPA transfers and 1 cheque collection

• Qonto Entreprises at €249/month This offer gives you access to an unlimited number of pro accounts, 1,000 SEPA transfers and 10 physical cards.

Introducing Revolut Business

Founded in 2015 Revolut Business is a British neobank. The multi-currency bank account is ideal for meeting the needs of professionals. is available in both free and paid versions. So, if you're ultra-connected and very open-minded, the pro Business account is the solution for you.

Revolut Business key features

Revolut Business offers you the following features:

Free registration with one-month free trial

Open a Revolut Business account in just a few clicks . You can also choose a free account or a paid account with more advanced features .

If you take out a paying offer, you earn one month free to test the application and see just how effective a pro Business account can be.

Physical and online bank cards

Bank cards Visa classic are delivered to customers. Paid offers give you a Visa Infinite metal card. You can also manage your employees' bank cards via the application:

• Fixing a ceiling

• Reset PIN code

• Authorize an ATM withdrawal

• Etc.

An international bank account

The Revolut Business pro account is ideal for digitalized, international companies It's available in over 30 different currencies, with fast conversion. What's more, transfers between different currencies are also possible. free of charge according to the rate ceiling .

High-performance accounting tools

They allow you to perform an infinite number of operations, including :

• Making transfers

• Managing business expenses

• Plan expenses in advance

• Lock in an exchange rate 3 months before a transaction

• Group payments for up to 500 transactions

• Etc.

You can also import accounting files .

Shared account management and unlimited sub-accounts

You can share account management with your colleagues . What's more, you can set up a separate account for each of your employees, since Revolut Business authorizes unlimited number of sub-accounts.

Advanced features include access to exclusive offers and payment approval.

Revolut Business rates and offers

Like Qonto, Revolut Business has offers for both freelancers and businesses. Rates vary from 0 to 100 euros/month.

Here are the pro account offers available from Revolut Business for freelancers:

• Basic offer : totally free with 0 international transfers, 5 euro transfers, unauthorized bulk payment, no currency exchange and no metal cards offered

• Professional offer: €5/month 0 international transfers, 20 transfers in euros, bulk payment, currency exchange up to 5,000 euros at interbank rates, metal card option

• Ultimate offer: 19 euros/month, 5 international transfers, 100 euro transfers, group payments authorized, currency exchange up to 10,000 euros, 1 free metal card

Here are the corporate offers:

• Basic offer: free 0 international transfers and 5 in euros, bundled payments not authorized, 1,000 euros currency exchange, card not available

• Grow offer: 19 euros/month 5 international transfers and 100 in euros, grouped payments, 10,000 euros exchange, 1 free metal card

• Scale offer : 79 euros/month 25 international transfers and 1,000 transfers in euros, bundled payments, 50,000 euros currency exchange and 2 free metal bank cards.

• Corporate offer: on-demand pricing personalized number of international transfers and transfers in euros, authorized group payments, currency exchange and number of metal cards on request

Feature comparison

Qonto and Revolut Business are broadly similar, but there are differences in detail.

Account management

The two banks are fully online. So everything goes through a mobile application, from account creation to management.

Additional services

Both neobanks offer interesting additional services. Qonto offers financing as a loan under certain conditions :

• At least 12 months' seniority

• Having a French company

• Sales of at least 100,000 euros/month

• SAS, SCI or SARL legal status

• A legal assistant

For Revolut Business, consumption assistance is available to all customers from 500 to 5,000 euros convertible into 30 different currencies and repayable in 12 to 60 months In addition, Revolut Business offers insurance for businesses:

• Assurance voyage international

• Car rental franchise

• Various sports

• Etc.

Ease of use and user interface

The Qonto and Revolut Business applications are both easy to use. In fact, both applications were well rated by users: on average 4.4/5 for Qonto against 4.7/58 for Revolut Business.

Price comparison

Qonto subscriptions start at 9 euros/month.

Revolut Business subscriptions start free of charge.

Value for money

In terms of value for money, Qonto users recommend it for the transparency of its rates and the multitude of functions it offers. more functions for international transactions with around 30 currencies versus 18 for Qonto.

Finally, Revolut does not charge no charge for transfers in foreign currency

Customer support and user reviews

Customer support is essential for a pro account.

The quality of Qonto's customer support

Qonto's customer service is very responsive. It is available by phone and chat.

The quality of Revolut business customer support

Revolut Business customer service is only accessible via its chat application.

User feedback

Qonto scores 4,75 sur Trustpilot . This rating is mainly due to responsive customer service and easy-to-use mobile application.

Advantages and disadvantages of Qonto and Revolut Business

Here are the main advantages and disadvantages of the two online banks.

The benefits of Qonto

Here are the advantages of Qonto:

• A 100% online account

• Highly responsive customer service

• A highly intuitive, easy-to-use mobile application

• A French IBAN

• Offers tailored to the needs of VSEs and SMEs

Qonto's drawbacks

Here are the disadvantages of Qonto:

• Impossible to make cash deposits

• Unauthorized bank overdraft

• No free offers

• No checkbook

• No savings offer

The benefits of Revolut Business

Here are the main advantages of Revolut Business:

• Free currency exchange

• More affordable than Qonto

• Ability to lock in an advantageous exchange rate 3 months in advance of a transaction

• Possibility of grouped payments

• 30 currencies available

• Unlimited number of sub-accounts and cards for employees

The disadvantages of Revolut Business

Here are the disadvantages of Revolut Business:

• Customer support sometimes unresponsive

• Unauthorized overdraft

• No capital deposit

Which solution to choose?

Time to make your choice?

For freelancers and self-employed workers

With Revolut Business, you can open a free account. However, Qonto offers you at least one bank card, whereas with Revolut Business, you need to subscribe to a more expensive offer to gain access.

For VSEs and SMEs

If you often carry out activities abroad, the best choice for you is Revolut Business.

What's the alternative to Qonto and Revolut Business?

logo-hero

If you're still having trouble deciding, there's a more interesting alternative to Qonto and Revolut Business. Created in 2021, Hero's additional features make it THE ideal solution. Hero's pro account allows you to deferred payments and fractional payments.

With Hero, a customer can pay a supplier in several instalments, or after 60 to 90 days - a significant advantage for SMEs. How is this possible? Hero offers a digital factoring service: your bank advances payment of your invoices without altering your commercial relations with your suppliers.

Hero propose a free pro account with 3 payment options (credit card, bank transfer and direct debit).

In a nutshell, Hero is :

• A free pro account with physical and digital bank cards and a deferred payment option

• An online payment solution at unbeatable prices

• Flexible, no-obligation financing solutions (BNPL in B2B, accelerated payment on marketplaces (Amazon...), receivables and debt financing)

To sum up our comparison between Qonto vs Revolut Business Hero offers more advantages for SMEs, but is nevertheless a better alternative.