The rapprochement between traditional finance and the world of cryptocurrency continues to intensify. This is how Europe’s leading financial management company Qonto decided to partner with French cryptobank Coinhouse to offer crypto assets to businesses.
French alliance to serve professionals
Despite a declining market, the world of crypto-currencies continues to interest investors based in traditional finance. Specialising in corporate financial management, French company Qonto wants to offer its clients the opportunity to invest in crypto-assets, and is partnering with France’s first cryptobank: Coinhouse.
Coinhouse x Qonto
Coinhouse and @getqonto join forces to give more businesses access to crypto assets.
The partnership that opens the door of cryptos to businesses even further! Crypto Investment Fintech Finance cryptopforpro pic. twitter.com/psGMfT6EOh– Coinhouse (@CoinhouseHQ) June 14, 2022
This alliance of French giants is the result of a desire to offer a financial solution for SMEs and the self-employed. Initially limited to France, the offer should be accessible to foreign companies in the future.
It therefore seemed obvious to Alexandre Prot, co-founder and CEO of Qonto, to turn to a partner registered with the French Financial Markets Authority (AMF) as a Digital Asset Service Provider (DAP):
Making our service the first all-in-one financial solution for SMEs and self-employed is a top priority for Qonto. […] That’s why we’re excited to open up the world of cryptocurrencies to them by partnering with Coinhouse, Europe’s first crypto bank.
This partnership also brings various benefits to users of the platforms:
- Qonto customers will have free access to Coinhouse’s pro offer for 1 year, as well as reduced transaction fees;
- Coinhouse customers can get a €29 discount on their Qonto pro subscription for 3 months.
This new alliance could play a role in the democratisation of cryptocurrencies in the traditional financial circuit and among smaller companies.
