The banking start-up raised 486 million euros in a financing round in January. (Source: Qonto)
Frankfurt It is the first European unicorn that allows its customers to invest in the company: the French fintech Qonto starts a crowd investing round. The company announced this on Tuesday. “With this crowdinvesting round, we are giving our customers the opportunity to take part in our journey as investors,” said Germany boss Torben Rabe in an interview with the Handelsblatt.
From now on, Qonto customers from the previously developed markets France, Spain, Italy and Germany can register on the Crowdcube platform until April 19th. They then gain access to the investments. The condition for participation is that the interested parties are of legal age and have access to a Qonto account.
One share costs investors 137.94 euros. A first goal is to reach the one million euro mark, said Rabe. Qonto reserves the right to expand this brand upwards. Due to legal regulations, however, the crowdinvesting round could total a maximum of five million euros, he said.
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