SoFi vs Qonto.
SoFi (S79/100) and Qonto (Q51/100), scored on the same six pillars and compared row-by-row. Every cell is sourced from licence registers and live pricing pages, not opinion. SoFi leads Qonto 7-2.
| Q Qonto №70 · Payment institution license 51 /100 | S SoFi №07 · OCC 79 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 51 /100 | 79 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €9 /mo | €0 Free tier |
| FX markup Debit card abroad | 1.70% | Interbank |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. | Full bank OCC |
| Deposit guarantee Per depositor | Safeguarded EU.DGS.FR | $250,000 US.FDIC |
| Reach | ||
| Markets served Licensed jurisdictions | 8 countries | 1 country |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | Yes |
| UX | ||
| Trustpilot Customer score | 4.8 ★ 50k reviews | 3.6 ★ 12k reviews |
| App store iOS + Android avg | 4.5 ★ iOS 4.8 · And 4.3 | 4.7 ★ iOS 4.8 · And 4.6 |
| Read review → | Read review → | |
Pick Qonto if…
Pick if you run an EU SME and need multi-currency invoicing, accounting integrations, and proper receipts.
Pick SoFi if…
Pick if you want the best US savings yield from an OCC-chartered bank with a clean account experience.
- Best for fees SoFi won 2 of 4
- Best for protection SoFi won 2 of 2
- Best for reach Tied
- Best for ux Tied
SoFi vs Qonto — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Qonto better than SoFi?
Under our v3 methodology, SoFi leads Qonto 7–2 across 12 dimensions. Composite scores: Qonto 51/100 vs SoFi 79/100. SoFi is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Qonto or SoFi cheaper?
Monthly fee — Qonto: €9; SoFi: €0. Card FX markup — Qonto: 1.70%; SoFi: Interbank. SoFi wins more fee rows (2 of 4). See the Fees section of the matrix above for ATM caps and the rest.
Which is safer for deposits, Qonto or SoFi?
Qonto holds a Payment inst. licence under Payment institution license (France, 2018); EU passport across served markets; filed for full French banking license in July 2025; deposit guarantee per depositor: Safeguarded. SoFi holds a Full bank licence under OCC; deposit guarantee per depositor: $250,000. SoFi is the stronger pick on regulatory protection.
Where can I use Qonto and SoFi?
Qonto operates in 8 countries; SoFi operates in 1 country. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.
Want a 3- or 4-way comparison?
The dynamic compare picker handles up to four banks. Add this pair plus one or two more and we'll resolve every row.