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№02 · HEAD-TO-HEAD · Edition №08 · Updated 11 March 2026

Banco PAN vs Qonto.

Banco PAN (B75/100) 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. Banco PAN leads Qonto 5-4.

Quick verdict Banco PAN 5–4
Score 10 of 1
Fees 11 of 4
Protection 20 of 2
Reach 11 of 3
UX 02 of 2
Banco PAN Qonto
Banks compared 2 banks · 12 dimensions
B Banco PAN 75/100 Q Qonto 51/100 + Add a third bank
Tally · who wins more rows12 dimensions compared
BBanco PAN
50 tie · 7 loss
QQonto
40 tie · 8 loss
Winner: Banco PAN Closest gap: 1rowEdition №08
B
Banco PAN №21 · BACEN 75 /100
Q
Qonto №70 · Payment institution license 51 /100
Score
Composite score Out of 100 75 /100 51 /100
Fees
Monthly fee Cheapest paid tier (€0 if free) €0 Free tier €9 /mo
FX markup Debit card abroad 3.00% 1.70%
Free FX / month EUR equivalent €0 €0
Free ATM Before fee kicks in
Protection
Banking licence Tier Full bank BACEN Payment inst.
Deposit guarantee Per depositor €250,000 BR.FGC Safeguarded EU.DGS.FR
Reach
Markets served Licensed jurisdictions 1 country 8 countries
Crypto Coins available No No
Stocks & ETFs Self-directed Yes No
UX
Trustpilot Customer score 4.8 ★ 50k reviews
App store iOS + Android avg 4.5 ★ iOS 4.5 · And 4.4 4.5 ★ iOS 4.8 · And 4.3
Read review Read review

Pick Banco PAN if…

Banco PAN №21

Brazilian full bank, BACEN-licensed since 1969 (digital pivot 2018). BTG Pactual majority owner since 2021. B3-listed. ~28M customers. FGC cover. Adds full-bank diversity to Nubank/Inter/C6 in BR; differentiates by payroll-deductible lending heritage.

Pick Qonto if…

Qonto №70

Pick if you run an EU SME and need multi-currency invoicing, accounting integrations, and proper receipts.

Best at a glance Axis-by-axis winner — ties skipped.
  • Best for fees Tied
  • Best for protection Banco PAN won 2 of 2
  • Best for reach Tied
  • Best for ux Qonto won 2 of 2
Frequently asked

Banco PAN vs Qonto — FAQ

Quick answers to the four questions the search-bar asks most about a head-to-head.

Is Banco PAN better than Qonto?

Under our v3 methodology, Banco PAN leads Qonto 5–4 across 12 dimensions. Composite scores: Banco PAN 75/100 vs Qonto 51/100. Banco PAN is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.

Is Banco PAN or Qonto cheaper?

Monthly fee — Banco PAN: €0; Qonto: €9. Card FX markup — Banco PAN: 3.00%; Qonto: 1.70%. Tied across fee rows. See the Fees section of the matrix above for ATM caps and the rest.

Which is safer for deposits, Banco PAN or Qonto?

Banco PAN holds a Full bank licence under BACEN; deposit guarantee per depositor: €250,000. 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. Banco PAN is the stronger pick on regulatory protection.

Where can I use Banco PAN and Qonto?

Banco PAN operates in 1 country; Qonto operates in 8 countries. Check each provider's signup page for the live country list — eligibility depends on residency, not just the licence footprint.

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