Pleo vs Qonto

Pleo (Denmark, value score 8.8/10, #1 of 11 in Cash & financing) and Qonto (France, 8.0/10, #2) are two of the EU-headquartered cash & financing solutions ranked on TechForMerchant. Criterion by criterion, here is how they compare.

	Pleo	Qonto
Value score	8.8 / 10 · #1 in Cash & financing	8.0 / 10 · #2 in Cash & financing
Market penetration	9.0 / 10	9.5 / 10
Scores	Deployment9Ease of use9Innovation9Price & terms8 Market penetration9.0 Adoption10Integration8	Deployment9Ease of use9Innovation7Price & terms8 Market penetration9.5 Adoption10Integration9
Tagline	Company cards and expense management for teams	European business account with cards, invoicing and spend management
Category	Cash & financing	Cash & financing
Status	Established Founded 2015, over 40,000 companies in 16 European countries, unicorn since 2021	Established 600,000+ customers in eight countries; €486M Series D at a €4.4B valuation
Headquarters	Denmark, Copenhagen	France, Paris
Founded	2015	2016
From	€4/month Starter plan on annual billing (France price list); Essential €18/month, Advanced €99/month; 3 users included, extra users billed	€9/month Basic plan for self-employed excl. VAT; Smart €19, Premium €39; team plans Essential €49, Business €109, Enterprise €199
For	restaurants retail hospitality services	restaurants retail hospitality services
Size	independent chain enterprise	independent chain
Serves
European	EU headquarters · EU-owned · hosting not stated	EU headquarters · EU-owned · EU hosting stated
Funding	Not disclosed	€486M Series D (2022-01)
What is new	Pioneered the employee smart-card plus automatic receipt-capture model in Europe that Spendesk, Moss and Payhawk later followed, now extended with AI expense categorisation.	Built Europe's largest SME neobank with invoicing, spend management and accountant access embedded in the account, now applying for a full banking licence.
Strengths	Cards with real-time spend control per employee Automatic receipt matching and accounting sync Wide European coverage	Largest European neobank for SMEs Invoicing, receipts and accountant access built in Available in eight EU markets
Limits	Per-user costs add up for larger teams Not a primary business account	Not a full bank yet (no overdraft-style credit, savings limited) Transaction quotas per plan
Website	pleo.io ↗	qonto.com ↗

Our reading

Pleo leads on Innovation. Qonto leads on Integration. They are level on Deployment, Ease of use, Price & terms, Adoption.

Pleo. Best for restaurants and shops with several staff who buy supplies and want per-employee cards with receipts matched automatically for the accountant.

Qonto. Best for SMEs and freelancers in eight EU countries that want a modern business account with cards, invoicing and accounting integrations at a published monthly price.

Ranking computed by AI (Claude) from customer reviews, comparators, trade associations and the news · editorial responsibility Camille POTVIN · reviewed 23 Sep 2026 · how this page is made