Qonto partners with Upvest to enable businesses to put their idle cash to work with money market funds

• Europe’s leading business finance management solution Qonto is partnering with Upvest to add investment capabilities for SMEs across Europe
• Through Upvest's API-first infrastructure, Qonto’s business users will be able to earn yield with money market funds directly within the platform
• The partnership brings access to selected capital markets investment products to hundreds of thousands of businesses

Berlin, 8 June 2026 - European business finance platform Qonto today announces a partnership with Upvest, Europe's leading investment infrastructure provider, to launch a new in-app investing feature. Qonto’s business users can now allocate surplus cash into highly competitive, euro-denominated money market funds from as little as €1. Germany, Qonto's largest market outside France, will be the first to benefit from this new offering, followed by a future market expansion across Europe.

Money market funds are a natural fit for small and medium sized businesses looking to earn returns on working capital broadly in line with overnight deposit rates. The new feature is embedded into the Qonto experience, and can be accessed without leaving the platform or performing an additional KYB (Know Your Business) verification beyond the existing Qonto account verification. Additionally, the yield is shown transparently, net of all fees, directly inside the Qonto dashboard. Thus, businesses can now manage their accounts, track their spending, and handle their invoicing and bookkeeping, while putting their cash to work at the same time.

For too long, the treasury tools available to large corporates have been out of reach for SMEs, even though collectively they hold billions in business accounts across Europe. Germany alone is home to more than 3.4 million SMEs, making it one of the most significant markets to address. This partnership is a step towards closing that gap.

By giving its business users a simple and accessible way to earn returns on surplus funds, Qonto takes another step towards becoming the all-in-one financial home for European businesses, helping them not only manage their money, but grow it.

Behind the scenes, Upvest's investment infrastructure handles order execution and settlement, custody, regulatory reporting, and tax processing, reducing operational complexity and enabling Qonto to focus on delivering a best-in-class experience for its users.

"We built Qonto to give SMEs a smarter way to manage their finances. Every feature we build comes back to the same question: what do our customers actually need to run their business more effectively? The answer was clear as many SMEs have idle cash and they want to use it in a way that is working for them and supporting their growth. Partnering with Upvest thus is a natural next step as it brings investment capabilities directly into the Qonto platform and makes investing in money market funds as simple as transferring money"
Malte Dous Managing Director Central Europe

"We are proud to partner with Qonto to bring investment capabilities to some of Europe's most dynamic businesses. Powered by Upvest's Investment API, Qonto can now offer its business users a seamless, low-friction way to grow their cash, while we handle all the complexity behind the scenes. This partnership is a strong example of how modern investment infrastructure can make capital markets genuinely accessible at scale."
Martin Kassing CEO and co-founder of Upvest

About Qonto

Qonto is Europe's leading finance management solution serving over 600,000 SMEs and freelancers across 8 countries. Launched in 2017 by Alexandre Prot and Steve Anavi, Qonto combines business banking with powerful financial tools including invoicing, bookkeeping, and spend management - all in one seamless solution. Backed by €600+ million in funding and powered by a team of 1,600+ people, Qonto is transforming how European businesses manage their finances with innovative products, transparent pricing, and 24/7 customer support.

Press Contact: 

Sebastian Ries
Openers GmbH
qonto@opnrs.com

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About Upvest‍

Upvest is a technology company and investment firm that provides banks, brokers, and wealth managers with modern API-based infrastructure for securities business. In addition to software, it provides trading, custody, and back-office services on behalf of its clients. This enables financial institutions to modernise their securities operations comprehensively and cost-effectively, and to grow profitably. Upvest’s clients include fast-growing fintechs such as Revolut, N26, bunq, Webull, and Raisin, as well as digital banks like Openbank and DKB.

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‍Founded in 2017, Upvest has 280 employees and processes over 100 million trades per year. The company continues to be independently managed by its founders Martin Kassing, Dr Til Rochow, and Tobias Auferoth, and is securely financed for the long term by investors including Earlybird and Bessemer Venture Partners.

Press Contact:
Julieta Varsano
press@upvest.co 

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Disclaimer:

This press release is for informational purposes only and does not constitute investment advice or an offer to buy or sell any financial instrument. This offering is available exclusively to business customers in Germany and is subject to German financial regulatory oversight. Specific investment-related compliance checks may apply.

Money market funds carry market risk and risk of loss. Returns are not guaranteed, may be lower than stated yields, and past performance is not a reliable indicator of future results. Funds are accessible within 1 to 3 business days following a redemption request; timelines may vary depending on fund terms and market conditions.

A full breakdown of fees and applicable terms is available in the fund prospectus and Key Investor Information Document (KIID). Investors should review these documents carefully before investing.

Investment services are provided in partnership with Upvest. Future expansion to additional markets is subject to regulatory approval.