Qonto has recently partnered with Upvest to introduce digital investment options directly within its business banking platform. Announced this month, this collab allows companies to invest excess funds in competitive euro-denominated money market funds, starting with investments as low as one euro. Germany will serve as the initial launch market, with plans for broader rollout across Europe in the coming months.
Qonto, a key player in European business finance, serves hundreds of thousands of SMEs and freelancers by combining banking services with tools for invoicing, expense tracking, and accounting.
Through this partnership, users can now put their surplus cash to work without switching apps or completing extra verification processes.
The feature integrates smoothly into the existing Qonto interface, displaying clear, fee-adjusted yields right in the dashboard.
This setup lets business owners handle daily operations while simultaneously generating returns on their working capital.
Money market funds represent an ideal solution for SMEs seeking yields comparable to short-term deposit rates.
Traditionally, sophisticated treasury management tools have been reserved for large corporations, despite SMEs collectively managing substantial cash reserves across the continent.
In Germany alone, home to over 3.4 million such businesses, this gap has left significant potential untapped.
The capability addresses this by democratizing access to capital markets products in a user-friendly way.
Upvest’s API-driven infrastructure powers the entire experience behind the scenes.
The company manages critical functions including trade execution and settlement, asset custody, compliance reporting, and tax handling.
This support allows Qonto to prioritize an intuitive customer experience without shouldering the operational burdens typically associated with investment services.
Malte Dous, Managing Director for Central Europe at Qonto, emphasized the customer-centric approach: the company continually evaluates features based on real business needs.
Many SMEs sit on idle cash and seek straightforward methods to make it productive.
Integrating investment options simplifies the process to the level of a standard transfer, aligning perfectly with Qonto’s goal of becoming a comprehensive financial hub that not only safeguards funds but actively supports growth.
Martin Kassing, CEO and co-founder of Upvest, said:
“Our Investment API removes friction, letting Qonto focus on its strengths while we manage the complexities. This initiative demonstrates how infrastructure can open capital markets to a much wider audience.”
Founded in 2017, Qonto has raised over €600 million and employs more than 1,600 people across eight countries.
It delivers an all-in-one platform with transparent fees and round-the-clock support.
Upvest, also established in 2017, specializes in securities infrastructure for financial institutions.
With 280 team members and annual trade volumes exceeding 100 million, it counts major fintechs like Revolut, N26, and bunq among its clients.
The company remains founder-led and backed by prominent investors.
This alliance marks an important evolution in SME finance, bridging everyday banking with investment opportunities. By effectively lowering barriers to entry, Qonto and Upvest are helping businesses optimize liquidity and build long-term financial resilience in an increasingly competitive European ecosystem.