2 Best Alternatives to Qonto in January 2023

Alternatives & Competitors to Qonto

  1. 1. Shine
  2. 2. Mercury

Here are competitors or alternatives to Qonto and other similar Online Banking software. You need to consider some important factors when choosing the right tool for your business that's similar to Qonto, like the main features of each solution, ease of use of user interface, pricing or value for money for instance. Each software has its pros and cons so it's up to you to choose the best alternative to Qonto that meets the needs of your business. To help you compare each service and choose the right solution, we have put together a list of the best competitors of Qonto like: Shine and Mercury.

List of Alternatives to Qonto

From Online Banking tools, we have selected the best alternatives to Qonto based on reviews for each solution and similarities with Qonto. Of course, each solution has its benefits and drawbacks, and its own features but, whether you are a small business, a startup or a large enterprise, you will find the right choice that empowers your projects.

logo shine


Shine simplifies the management of your business with a pro account that integrates accounting and billing tools, and allows you to take out business loans at preferred rates.

Best features

  • - 100% online pro account

  • - Bank cards

  • - Simplified accounting

  • - Integrated billing tool

  • - Business loans

Why is Shine a good alternative to Qonto?

.Shine is a great alternative to Qonto because it offers a complete suite of financial tools at a fraction of the cost, with no hidden fees. It has a simple dashboard and intuitive mobile app that allows small business owners to take control of their finances, track spending, get real-time insights, and manage their cash flow. Shine also offers a high-yield savings account with no minimum balance, as well as budgeting, lending, and payroll capabilities, making it an ideal tool to manage small business finances.

What are the differences between Shine and Qonto?

Shine and Qonto are both online banking services, but they serve different purposes. Shine focuses on helping entrepreneurs launch and grow their businesses by giving them access to a full suite of banking tools and seeking to simplify the process of applying for business funding. On the other hand, Qonto is a challenger bank specifically designed for small businesses, offering a user-friendly app with automated bookkeeping capabilities, data-driven insights, and company cards to help small businesses manage their finances. They also provide access to instant payment solutions, like SEPA Credit Transfers, and a business current account. Both Shine and Qonto are designed to help entrepreneurs and small businesses manage their finances better, but Shine is focused on helping to launch and grow a business and Qonto is tailored to provide an easier, smarter, and more transparent way to manage budgets and payments.

Shine pricing


$8 / month


$15 / month


$28 / month
3 months free on Premium plan
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logo mercury


Mercury helps startups grow and manage their capital by offering simplified banking services with no hidden costs.

Best features

  • - Core Banking Services

  • - Authorizations and security

  • - Integrations

  • - Automated management of your cash flow

Why is Mercury a good alternative to Qonto?

Mercury is a great alternative to Qonto because it has a lower financial entry threshold and requires no monthly fee to open an account. It also offers features such as integrated bookkeeping and financial management, and support for popular accounting software like QuickBooks and Xero. Additionally, it is an optimized banking experience that offers a smart, low-cost payments solution and user-friendly budgeting and reporting tools. For businesses looking for an all-in-one banking and payments solution, Mercury is an excellent choice.

What are the differences between Mercury and Qonto?

Mercury and Qonto are two accounting software solutions that provide tools to business owners and entrepreneurs to better manage their finances. Mercury is more oriented toward traditional accounting needs, focusing on helping users with tracking taxes, creating financial statements, and automating payroll and invoicing. Qonto takes a more modern and solutions-oriented approach, allowing users to collect payments, track expenses, open business bank accounts, and even apply for business cards. Additionally, Qonto has a single, unified view for all of a business’s financial data. Ultimately, Mercury is a great tool for core accounting practices, while Qonto is better at providing solutions designed specifically for businesses looking to streamline and manage their finances.

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