Type
Business expansion
Country
France
Region
île de France; Paris;
Location of affected unit(s)
Paris
Sector
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.19 - Other monetary intermediation

100 jobs
Number of planned job creations
Job creation
Announcement Date
10 October 2019
Employment effect (start)
1 January 2020
Foreseen end date
31 December 2020

Description

The French Fintech Qonto has announced the recruitment of 100 employees by 2020. Qonto's human resources director said that by then the company will have 300 employees. In the company, IT alone represents a third of the workforce, Front end' and'back-end' developers are the functions most recruited for.There are also opened positions for product managers, designers, customer relationship managers, AML/FT experts, and digital marketing experts specialising in customer referencing and acquisition.  

Qonto is a payment institution agent supervised by Banque de France. It provides a current account that allows companies or self-employed individuals to perform daily operations (transfers, card transactions) but, unlike a traditional account, it cannot be overdrawn. Quonto has 50,000 customers.


Sources

Citation

Eurofound (2019), Qonto, Business expansion in France, factsheet number 98891, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/98891.