Business Wise Platform

Wise Platform and Qonto: simplifying the payments experience for European SMBs and freelancers

Julie Arnoux
Julie Arnoux
26.06.24 (updated more than 1 year ago)
Read time 1 minute

We’re excited to announce that Qonto, the leading European business finance solution, has partnered with Wise Platform to offer fast, transparent and low-cost international payment services to over 500,000 SMEs and freelancers across Europe.

Qonto is on a mission to simplify the day-to-day banking experience for European SMEs and freelancers. With the world being more connected than ever, smooth international payments are key for businesses to grow. But let’s face it, cross-border payments can still be a real headache - complex, slow, and expensive enough to keep many SMEs and freelancers from going global.

That’s where Qonto’s partnership with Wise Platform comes in. By integrating Wise Platform’s cutting-edge infrastructure into their existing platform, Qonto is upgrading their customers’ cross-border payment experience to be faster and have increased global coverage. In addition to leveraging Wise Platform to receive funds from abroad, Qonto’s customers can now send money to 24 currencies across 130 countries in just seconds.*

We're now able to better support our existing customers by offering faster, more transparent transactions as well as fair pricing and timely payments with their international business partners.
Philippine Rougevin-Baville, Managing Director France at Qonto

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They will also benefit from:

  • An improved customer experience with more visibility on their payments with accurate payments tracking;
  • Improved transparency along with competitive fees and no hidden fees or mark-ups on exchange rates - Wise uses the mid-market exchange rate.

Steve Naudé, Global Managing Director of Wise Platform, commented: “We're thrilled with this new step in our collaboration with Qonto to deliver a seamless international payment experience to SMEs and freelancers across Europe. In addition to leveraging Wise Platform to receive funds from abroad, Qonto’s customers can now benefit from the best in class experience to pay their partners all over the world and fulfil their international ambitions”.

Philippine Rougevin-Baville, Managing Director France at Qonto, said:“Our mission is to make business finance management effortless for European SMEs and freelancers. With the integration with Wise Platform and the upcoming launch of SDD collection, we’re significantly improving our existing payment offer for our customers. We're now able to better support our existing customers by offering faster, more transparent transactions as well as fair pricing and timely payments with their international business partners. Additionally, this partnership allows Qonto to welcome new customers, enabling them to utilise our daily business banking services across multiple markets and currencies.”

To learn more about how Wise Platform is opening up a world of payments for banks and global enterprises, visit our website.

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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