Proof of Usefulness Report

Qonto

Analysis completed on 1/28/2026

+686
Proof of Usefulness Score
Category Standard

Qonto is a verified European fintech unicorn (French Tech #Next40) with confirmed valuation >€4B and over 400,000 business customers. The project demonstrates exceptional real-world utility and massive traction. However, the specific submission data provided is of poor quality, containing lazy placeholders (e.g., 'most people have used my product', audience 'everyone') and an incorrect email prefix. The score reflects the undeniable high status and scale of the entity (aligning with the 400-700+ calibration for unicorns), adjusted downward for the low-effort submission.

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Score Breakdown

Real World Utility+230
Audience Reach Impact+170
Technical Innovation+112.5
Evidence Of Traction+237.5
Market Timing Relevance+85
Functional Completeness+5
Subtotal+840
Usefulness Multiplierx0.82
Final Score+686

Project Details

Project URL
qonto.com
Description
Qonto is the leading European business finance solution. It simplifies everything from everyday banking and financing, to bookkeeping and spend management. Qonto energizes SMEs and freelancers so that they can achieve more.\n\nA few figures about Qonto:\n- Alexandre Prot and Steve Anavi created Qonto in July 2017\n- 900+ happy Qontoers (And we're hiring more!)\n- 300,000 + companies are using Qonto\n- €622m raised with VCs and business angels including Valar, Alven, the European Investment Bank, Tencent, DST Global, Tiger Global, TCV, Alkeon, Eurazeo, KKR, Insight Partners, Exor Seeds and Gaingels.\n- Listed in the French Tech #Next40, bringing together the most promising young companies of the French Tech industry.\n- 1st B2B account for finance management to get a Payment Institution licence.\n\nCome join us to build the bank of the future for SMEs! \n

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline