Qonto to acquire Regate.

Qonto, a company offering an online business account combined with finance tools, such as invoicing, bookkeeping, and spend management, to acquire Regate, an automation platform that streamlines accounting and financial processes for SMEs and their accounting firms. Financial terms were not disclosed. “Teaming up with Regate enables us to offer the best finance solution on the market for both SMEs and accounting firms. It will not only further accelerate our growth but it also significantly reinforces our market leadership in an increasingly crowded space. With our new dedicated offer, which includes Regate’s existing partnerships with industry leaders like Sage or Cegid, we can now perfectly address the needs of accountants and be a true partner, both to them and to the businesses they work with,” Alexandre Prot, Qonto CEO and Co-Funder.