Qonto joins Mollie in integrating payments for European SMEs

Qonto and Mollie announced a dual integration aimed at simplifying the financial management of small and medium-sized enterprises in Europe. This partnership aims to address the continuing difficulties of late payment, which affect almost half of the continent's businesses.

FACTS

• Qonto integrates the Mollie Connect tool, allowing its users to generate secure payment links, track their status and receive funds directly into their Qonto account.
• This feature is already available in France, Germany and the Netherlands. It aims to speed up receipts and limit the use of multiple payment providers.
• In parallel, Mollie integrates the Qonto Embed banking solution into its platform. First available in France, and soon in Germany, this integration allows Mollie's customers to open a professional account with complete banking services (physical and virtual cards, local IBAN, SEPA or Apple Pay payments, etc.).
• Users benefit from a real-time follow-up of transactions and a payment within 24 hours for payments by terminal.

ISSUES

• Limiting late payment: This partnership responds to the findings of the European Commission's Annual Report 2024 that 47% of SMEs suffer from delays in settlement. By combining payments and banking services, Qonto and Mollie offer a more fluid alternative.
• Liquidate financial transactions: By centralizing invoicing and cash management within the same environment, the two actors seek to improve financial visibility and reduce the administrative burden on SMEs.

PERSPECTIVE

• A general model: Like Shopify Finance, which now offers banking services integrated into its e-commerce platform, Qonto and Mollie illustrate the growing tendency to unify payment and financial management to simplify the daily lives of small businesses.
• Effective uses: The centralisation of tools, already adopted by giants like Stripe, respond to a strong demand from SMEs: better control their flows, limit intermediaries and gain agility in a constrained economic context.

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