Grasshopper vs Qonto.
Grasshopper (G72/100) 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. Grasshopper leads Qonto 5-3.
| G Grasshopper №29 · OCC 72 /100 | Q Qonto №70 · Payment institution license 51 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 72 /100 | 51 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €9 /mo |
| FX markup Debit card abroad | Interbank | 1.70% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Partner-bank OCC | Payment inst. |
| Deposit guarantee Per depositor | $250,000 US.FDIC | Safeguarded EU.DGS.FR |
| Reach | ||
| Markets served Licensed jurisdictions | 1 country | 8 countries |
| Crypto Coins available | No | No |
| Stocks & ETFs Self-directed | No | No |
| UX | ||
| Trustpilot Customer score | — | 4.8 ★ 50k reviews |
| App store iOS + Android avg | 4.2 ★ iOS 4.3 · And 4.0 | 4.5 ★ iOS 4.8 · And 4.3 |
| Read review → | Read review → | |
Pick Grasshopper if…
The OCC-chartered US national bank for startups — the structural distinction from Mercury / Brex / Bluevine / Rho is that Grasshopper IS the bank. Direct FDIC cover at the chartered-bank level, multi-bank Cash Sweep extending to $25M. Free business checking with API access. The structural fit for US-incorporated startups wanting a real bank relationship rather than a partner-bank fintech.
Pick Qonto if…
Pick if you run an EU SME and need multi-currency invoicing, accounting integrations, and proper receipts.
- Best for fees Grasshopper won 2 of 4
- Best for protection Grasshopper won 2 of 2
- Best for reach Qonto won 1 of 3
- Best for ux Qonto won 2 of 2
Grasshopper vs Qonto — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Grasshopper better than Qonto?
Under our v3 methodology, Grasshopper leads Qonto 5–3 across 12 dimensions. Composite scores: Grasshopper 72/100 vs Qonto 51/100. Grasshopper is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Grasshopper or Qonto cheaper?
Monthly fee — Grasshopper: €0; Qonto: €9. Card FX markup — Grasshopper: Interbank; Qonto: 1.70%. Grasshopper 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, Grasshopper or Qonto?
Grasshopper holds a Partner-bank licence under OCC; 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. Grasshopper is the stronger pick on regulatory protection.
Where can I use Grasshopper and Qonto?
Grasshopper 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.
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.