Regate: Qonto Buys Regate and Aims to Reach One Million Customers in 2025
Qonto, a fintech specializing in financial management for SMEs, acquired Regate, a financial automation platform focusing on company accounting departments. The move aims to accelerate customer acquisition, with Qonto targeting one million customers by 2025. The acquisition follows Qonto's 2022 purchase of German neobank Penta.
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Regate is a France-based SaaS platform that offers services such as financial reporting, bank reconciliation, payment processing and accounts receivable for businesses.
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