Compare Tide and Qonto

Name: Neolista
Price range: $

Compare Tide vs Qonto to make an informed decision for your financial needs. Whether you're interested in mobile banking, unique features, or specific benefits, this comparison will help you navigate some of the differences between Tide and Qonto.

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How do Tide and Qonto compare?

Tide and Qonto are both fintech companies specializing in mobile banking services, but they cater to slightly different niches within the business sector, and their services are tailored to meet those specific needs.

Tide, based in the UK, focuses on serving small and medium-sized enterprises (SMEs), freelancers, and entrepreneurs. The platform is designed to make business banking straightforward and efficient. Users can quickly set up an account and gain access to features such as integrated invoicing, multiple payment options including faster payments, BACS, and CHAPS, as well as advanced expense management tools. One of Tide's notable features is the ability for multiple team members to access and manage a single business account, thus facilitating collaborative financial management.

Qonto, a French fintech company, also targets SMEs and startups, but it goes a step further in offering features more aligned with scaling businesses. Like Tide, Qonto offers quick account setup and basic banking services but adds value by providing features like automated accounting, VAT management, and expense categorization. Qonto's services are geared toward companies that are past the initial startup phase and need more sophisticated financial management tools to handle their growing operational complexity.

Both platforms offer a mobile-first, user-friendly experience, but the depth and scope of their features vary according to the complexities they aim to address. Tide provides a comprehensive but straightforward business banking platform with functionalities that are essential for smaller businesses or freelancers. Qonto, however, leans more toward businesses that have moved beyond the startup phase and require a more extensive suite of services to manage their increasingly complicated financial operations.

In summary, both Tide and Qonto offer robust mobile banking solutions aimed at simplifying business finances. Tide is an excellent fit for smaller enterprises, freelancers, and entrepreneurs looking for quick and efficient banking solutions. Qonto is better suited for scaling businesses that require a more nuanced set of financial management tools. The choice between the two would largely depend on the complexity of your business needs and the stage of your business lifecycle.

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Neolista Score

4.3

Tide has a Neolista score of 4.3 out of 5.

4.3

Go to Tide

Trustpilot

Tide has a Trustpilot rating of 3.9 out of 5, based on 23,253 reviews.

App Store

Tide has an Apple App Store rating of 4.8 out of 5, based on 73,394 reviews.

Play Store

Tide has a Google Play Store rating of 3.6 out of 5, based on 20,645 reviews.

Neolista Score

4.8

Qonto has a Neolista score of 4.8 out of 5.

4.8

Go to Qonto

Trustpilot

Qonto has a Trustpilot rating of 4.8 out of 5, based on 24,818 reviews.

App Store

Qonto has an Apple App Store rating of 4.8 out of 5, based on 218 reviews.

Play Store

Qonto has a Google Play Store rating of 4.3 out of 5, based on 24,945 reviews.

Average Neolista Scores

Compare the Neolista scores of Qonto and Qonto to the overall average score across all listed neobanks.

4.3

VS

4.8

VS

Directory average

4.2

"I set up my company with Tide yesterday and spoke to several people, but one stood out: Louisa. She was incredibly helpful and provided a wealth of information during our call. The support from everyone, including Louisa, was outstanding! I would definitely recommend Tide to everyone I know."