Nomo vs Qonto.
Nomo (N52/100) 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. Nomo leads Qonto 4-3.
| N Nomo №68 · FCA 52 /100 | Q Qonto №70 · Payment institution license 51 /100 | |
|---|---|---|
| Score | ||
| Composite score Out of 100 | 52 /100 | 51 /100 |
| Fees | ||
| Monthly fee Cheapest paid tier (€0 if free) | €0 Free tier | €9 /mo |
| FX markup Debit card abroad | 1.00% | 1.70% |
| Free FX / month EUR equivalent | €0 | €0 |
| Free ATM Before fee kicks in | — | — |
| Protection | ||
| Banking licence Tier | Payment inst. FCA | Payment inst. |
| Deposit guarantee Per depositor | Safeguarded GB.FSCS | Safeguarded EU.DGS.FR |
| Reach | ||
| Markets served Licensed jurisdictions | 2 countries | 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 | 4.3 ★ iOS 4.4 · And 4.2 | 4.5 ★ iOS 4.8 · And 4.3 |
| Read review → | Read review → | |
Pick Nomo if…
Sharia-compliant digital bank — Boubyan Bank Kuwait digital arm via Bank of London + The Middle East (BLME, FCA-licensed). Cross-border GCC-UK money management. UK FSCS GBP 85K + Kuwait DPS via parent. Unique dual-passport structure.
Pick Qonto if…
Pick if you run an EU SME and need multi-currency invoicing, accounting integrations, and proper receipts.
- Best for fees Nomo won 2 of 4
- Best for protection Tied
- Best for reach Tied
- Best for ux Qonto won 2 of 2
Nomo vs Qonto — FAQ
Quick answers to the four questions the search-bar asks most about a head-to-head.
Is Nomo better than Qonto?
Under our v3 methodology, Nomo leads Qonto 4–3 across 12 dimensions. Composite scores: Nomo 52/100 vs Qonto 51/100. Nomo is stronger overall, but the right pick depends on which row matters most to you — fees, protection, reach, or app quality.
Is Nomo or Qonto cheaper?
Monthly fee — Nomo: €0; Qonto: €9. Card FX markup — Nomo: 1.00%; Qonto: 1.70%. Nomo 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, Nomo or Qonto?
Nomo holds a Payment inst. licence under FCA; deposit guarantee per depositor: Safeguarded. 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. Both score equally on regulatory protection rows.
Where can I use Nomo and Qonto?
Nomo operates in 2 countries; 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.