Snapshot
Holvi and Qonto compared on the points that usually decide a business account: account type, monthly fee, currency support, eligibility and where each one is available.
Holvi figures as of 29 May 2026Qonto figures as of 10 June 2026Last updated 11 October 2026
General information, not financial, legal, or tax advice. There is no single best account. The right fit depends on your business. Verify current terms and eligibility with each provider before applying.
Holvi and Qonto suit different businesses. Use the comparison below to weigh account type, fees, currency support and eligibility against how your company operates, then confirm the latest terms with each provider. Figures are shown as of 29 May 2026 for Holvi and 10 June 2026 for Qonto.
Holvi vs Qonto at a glance
| Feature | Holvi | Qonto |
|---|---|---|
| Account type | Business payment account with a euro IBAN, not a bank account. Holvi Payment Services is an authorised payment institution regulated by the Financial Supervisory Authority of Finland | Business current account from a payment institution supervised by the Banque de France, with a local IBAN. Qonto states it is not a bank. |
| Who it suits | Freelancers, sole traders and small companies in Finland, Germany and Austria who want banking, invoicing and bookkeeping preparation in one place | Registered companies, startups and freelancers in the countries Qonto serves that want a euro business account with cards, expense controls and accounting integrations. |
| Monthly fee | In Germany, Holvi Flex is free, Lite is 9 euros, Pro 15 euros and Business 69 euros a month plus VAT on monthly billing, with lower prices on a yearly contract. Prices vary by market. As of 11 October 2026. | From EUR 9 a month for Basic, with team plans from EUR 49 to EUR 199 a month, excluding VAT and billed annually. As of 11 October 2026. |
| Transaction fees | In Germany, Flex charges 0.25 euros per SEPA transfer, Lite includes 100 a month, and Pro and Business are unlimited. As of 11 October 2026. | Basic includes 30 SEPA transfers a month, then EUR 0.20 each. Higher plans include more, up to 10,000 a month on Enterprise. As of 11 October 2026. Verify current allowances with Qonto. |
| FX fees | International transfers are offered in 18 currencies directly in Holvi. In Germany the FX fee is 1%, or 0.5% on Business, plus a SWIFT fee of up to 1 euro per transfer. As of 11 October 2026. | Foreign currency transfers cost 0.8% (minimum EUR 5) on Basic and Smart for standard currencies, and 0.56% on Premium and team plans. Other currencies cost one percentage point more. As of 11 October 2026. |
| Minimum deposit | No minimum deposit stated for the standard account. As of 29 May 2026. | No minimum deposit for most plans. Company creation plans handle share capital deposits separately, as of 10 June 2026. |
| Multi currency | Yes. Payment accounts in multiple currencies and international transfers in 18 currencies, as of 29 May 2026 | Primarily euro accounts with foreign currency transfers in a range of currencies. Broad balance holding in many currencies is limited. Verify with Qonto. |
| Integrations | Invoicing, expense management, bookkeeping preparation and card payment acceptance through partners such as SumUp. As of 29 May 2026 | Qonto says it connects with over 2,000 external tools and accounts. Check the integration you need with Qonto. As of 11 October 2026. |
| Eligibility | Self employed people and companies in the markets Holvi serves. Some company forms, such as founders accounts for GmbH and UG, are supported in Germany. Verify eligibility with Holvi. As of 29 May 2026 | Registered companies, micro enterprises and freelancers in the eight countries Qonto serves, subject to verification. |
| Broadly available in | Finland, Germany and Austria. As of 11 October 2026 | France, Germany, Italy, Spain, Austria, Belgium, the Netherlands and Portugal, as of 10 June 2026. |
Holvi suits a freelancer or small company in Finland, Germany or Austria that wants a free Flex plan and pays per transfer, or Lite from 9 euros a month. Qonto suits a company in France, Italy, Spain, Belgium, the Netherlands or Portugal, where Holvi does not operate, or a growing team that needs plans from EUR 49 a month.
Open a business account
Both providers accept business customers in their supported markets. Fees and eligibility shown as of 29 May 2026 for Holvi and 10 June 2026 for Qonto. Confirm current terms with the provider before applying.
Read the Holvi review → Visit Qonto → Commission link: we may earn a fee if you open an account through it. It does not change what we publish or how we rank providers.Questions about Holvi and Qonto
Which is better for my business, Holvi or Qonto?
It depends on your needs. The table on this page compares Holvi and Qonto on account type, fees, currency support, eligibility and availability using each provider's published terms. Weigh those against how your business operates, then confirm current terms with each provider. This is information, not advice.
Can I open both Holvi and Qonto?
Often yes, subject to each provider's eligibility rules. Some businesses keep more than one account, for example one for everyday banking and another for currency conversion. Check eligibility with each provider before applying.
Are the fees on this page current?
Each figure is shown with the date it was recorded. Holvi figures are shown as of 29 May 2026 and Qonto figures as of 10 June 2026. Fees and eligibility change, so confirm current terms with each provider before you apply.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with each provider before applying.