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Flush with cash, French fintech unicorn Qonto acquires Regate

Qonto, a Paris-based business banking startup, is acquiring Regate, an accounting and financial automation platform.

Over time, the company expanded its product offering to include invoicing tools, features to manage expenses and plenty of integrations with the fintech ecosystem to facilitate bookkeeping, payment reconciliation, etc. So we should also stay humble and work with experts in their respective fields,” Qonto co-founder and president Steve Anavi told TechCrunch at Mobile World Congress in Barcelona last week. So, compared to a lot of fintech companies or startups in general that have a free offering and then try to upsell customers, we haven’t made that choice,” Qonto co-founder and CEO Alexandre Prot told TechCrunch.

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