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Qonto, the French scaleup offering a business account to European SMEs, is offering its customers the opportunity to become shareholders through a crowdfunding campaign.
The company, which recently achieved a €4.4 billion valuation on a €486 million Series D funding round, is inviting clients to invest via Crowdcube from April.
Qonto serves more than 220,000 clients in four countries – France, Germany, Italy and Spain – and employs more than 500 staff in Paris, Berlin, Milan and Barcelona.
A two phase campaign will see people with access to a Qonto account offered the chance to pre-register. These people will then be given first access to invest.
Alexandre Prot, CEO, Qonto, says: “Our clients fully understand the value of our service and our company mission. We are, with this community equity raise, taking a step forward and empowering our clients to take part in our journey as shareholders of the company.”
Financial Services
