Memo Bank vs Qonto: what each publishes
As of October 17, 2026, Memo Bank takes these industries by its own published rules: iGaming, with conditions. We hold no such rule from Qonto.
Not a ranking: the two names are in alphabetical order. The free check applies every provider’s rules to your own answers.
Where it takes companies from
Memo Bank
Its own list of countries, quoted below with its source and date
Qonto
Its own list of countries, quoted below with its source and date
Policy by industry
| Industry | Memo Bank | Qonto |
|---|---|---|
| iGaming | With conditions | No |
| Crypto | No published rule | Depends on the activity |
| Adult | No | No |
| Unlicensed financial services | No published rule | No |
| Forex and CFD | No published rule | No |
| Marketplace | No published rule | No |
| AI and SaaS | No published rule | No published rule |
Where owners must live
Memo Bank
No published rule
Qonto
No published rule
Rules about countries
Memo Bank
To open an account, your company simply needs to be registered in one of the following countries: Germany, Belgium, Luxembourg, the Netherlands, France, Ireland, Spain, or Italy.
Belgium, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Spain
Qonto
Qonto is available in 8 markets: France, Italy, Spain, Germany, Portugal, Belgium, Austria, and the Netherlands. Foreign companies can open a Qonto account if they are registered and headquartered in one of these countries.
Austria, Belgium, France, Germany, Italy, Netherlands, Portugal, Spain
Fees
Memo Bank
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Payments Core | Not stated | EUR 449 excl. VAT minimum ('From €449 excl. VAT per month'), 'No commitment' | · Source |
| Payments Scale | Not stated | EUR 449 excl. VAT minimum ('From €449 excl. VAT per month'), 'Annual commitment' | · Source |
Qonto
| Plan | Account opening | Monthly | Checked |
|---|---|---|---|
| Basic (self-employed) | Not stated | EUR 9 + VAT (monthly equivalent of an annual plan billed EUR 108; monthly billing also available, price not shown) | · Source |
| Smart (self-employed) | Not stated | EUR 19 + VAT (monthly equivalent, billed annually at EUR 228) | · Source |
| Premium (self-employed) | Not stated | EUR 39 + VAT (monthly equivalent, billed annually at EUR 468) | · Source |
| Essential (business teams) | Not stated | EUR 49 + VAT (monthly equivalent, billed annually at EUR 588) | · Source |
| Business (business teams) | Not stated | EUR 109 + VAT (monthly equivalent, billed annually at EUR 1,308) | · Source |
| Enterprise (business teams) | Not stated | EUR 199 + VAT (monthly equivalent, billed annually at EUR 2,388) | · Source |
Closing an account
Memo Bank
The Agreement may be terminated at any time, by you or by us, subject to 30 days' notice, without need for cause.
Qonto
For business payment accounts, the notice period to be respected is 30 days from the receipt of a closure notification (Article L314-5 of the Monetary and Financial Code).
Licence
| Licensee | Memo Bank | Qonto |
|---|---|---|
| Licensee | Memo Bank · credit institution authorised by the ACPR (CIB 17338) | Qonto SA · payment institution authorised by the ACPR (CIB 16958) |
| Regulator | ACPR · | ACPR · |