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August 20, 2025

French neobank Qonto doubles profits with second year in the black

The Paris-based unicorn saw revenues grow 44% to reach almost €450m

French neobank Qonto saw net profits surge to a record €144m in 2024, doubling the amount it posted in 2023 (€71m) and marking the scaleup’s second year of profitability, according to company accounts seen by Sifted. 

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Daphné Leprince-Ringuet

Daphné Leprince-Ringuet is a senior reporter for Sifted, based in Paris. She covers French tech and writes Sifted's AI and Deeptech newsletter . You can find her on X and LinkedIn

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