wamo versus Qonto for SME banking in Europe
Join thousands of entrepreneurs choosing wamo as a reliable business account. Easy setup, smart features, and human support from day 1.
wamo versus Qonto for SME banking in Europe
Join thousands of entrepreneurs choosing wamo as a reliable business account. Easy setup, smart features, and human support from day 1.
wamo versus Qonto for SME banking in Europe
Join thousands of entrepreneurs choosing wamo as a reliable business account. Easy setup, smart features, and human support from day 1.
Why European SMEs choose wamo
wamo is a partner, not just a platform. We focus on the daily needs of international SMEs, with an emphasis on guided onboarding and real human support.
Open your account in minutes, not days
Talk to a real person when it matters (including during onboarding)
Multi-currency business banking, team cards, and local IBANs — all in one place
Here's how wamo compares to Qonto
Here's how wamo compares to Qonto
Here's how wamo compares to Qonto
Qonto Business
Qonto Business
Feature
Feature
Monthly fee
Monthly fee from
From €0/ month
€0
From €0
/month
From €9/ month
€9
From €9
/month
Get started in minutes, not days
Get started in minutes, not days
100% paperless onboarding
100% paperless onboarding
Specifically built for SMEs
Specifically built for SMEs
Dedicated account manager for all plans
Dedicated account manager for all plans
Human support for every plan
Human support for every plan
Local IBANs
Local IBANs
Global payments (22+ currencies)
Global payments (22+ currencies)
Multi-market European coverage
Multi-market European coverage
Physical POS terminal
Physical POS terminal
Simple, transparent pricing to suit your business
Self-employed |
Companies
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Self-employed |
Companies
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Self-employed |
Companies
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Freemium
€0
/month
You're just getting started and want simple, essential tools to manage your business account.
No setup fee
Business Account with EU IBAN
1 physical + 1 virtual Visa cards included
€0.99 per local transfer
1.99% per ATM withdrawal
€10
/month
You’re handling multiple projects or clients and need better visibility and control.
Smart
No setup fee
Business Account with EU IBAN
1 physical + 2 virtual Visa cards included
20 free transfers/month
ATM withdrawals: 2 free/month, 5 with annual plan
€5000/month commission-free local POS transactions
€20
/month
You’re managing teams, currencies, or cost centres — and looking to scale efficiently.
Pro
No setup fee
Business Account with EU IBAN
5 physical + 100 virtual Visa cards included
50 free transfers/month
ATM withdrawals: 4 free/month, 10 with annual plan
€7000/month commission-free local POS transactions
Get the human support you need
We know how important it is to speak to someone who understands your business.
Chat to a real person via in-app chat, Whatsapp or email
Local support team ready to help in Maltese, Italian, English and more
Get fast, helpful answers when you need them most
Who banks on wamo?
Meet the locals who trust wamo with their business.
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
Who banks on wamo?
Meet the locals who trust wamo with their business.
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
Who banks on wamo?
Meet the locals who trust wamo with their business.
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
"wamo gives our team instant access to what they need, with dedicated cards and great customer support, it’s exactly what we were looking for."
Luca Succi
L2MS SRLS
“With wamo, we see the settlement in our account the next morning, unlike other banks that take 3 or 4 days.”
Rita Boldini
Terme di Bognanco
“We manage our team’s daily spending, cards, and POS payments easily, all from one app. wamo truly simplifies our finances.”
Giuseppe Narcisi
Hotel il Gelso Bianco
Frequently asked questions
Find your answer here or contact us. We want no questions in the air.
Find your answer here or contact us. We want no questions in the air.
What is a wamo business account?
The wamo account is a digital business account that helps you manage your company’s finances efficiently. You can send and receive payments, handle multiple currencies, issue business cards, automate bookkeeping, and control expenses — all from a straightforward, secure platform available on both mobile and desktop.
What is the main difference between wamo and Qonto for European SMEs?
Is wamo cheaper than Qonto for a small business account?
Does Qonto offer a dedicated account manager like wamo does?
No. Qonto does not include a dedicated account manager as a standard feature across all plans. wamo provides a dedicated account manager to every customer regardless of their plan — accessible via in-app chat, WhatsApp, and email, backed by a multilingual local team covering English, Italian, Finnish, Maltese, and more. For SMEs that rely on responsive, personalised support rather than ticket-based help desks, this is a significant practical difference between the two products.
Can I use wamo as a Qonto alternative for my European company?
Yes. wamo is available to registered businesses across the EEA and the UK, including limited companies, sole traders, and freelancers. The application takes around 10 minutes online, with no setup fee or paperwork. If you are currently on Qonto, switching to wamo gives you comparable SME-focused banking with the addition of a free entry plan, a dedicated account manager on every tier, physical POS capability, and broader multi-currency coverage across European markets.
We stand for business
Apply in 10 minutes or less. Get the tools and support to run things your way – from day one.
