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Money Forward vs Qonto

Updated June 2026 · A structured head-to-head comparison.

Finance and back-office for Japan.

Business banking for European SMBs.

The verdict

Both Money Forward and Qonto are credible accounting tools, and the right pick comes down to your priorities.

Choose Money Forward if you want a lower starting price (free) and a free plan to start on. Finance and back-office for Japan.

Choose Qonto if you'd rather have a longer free trial (30 days) and a higher overall rating (4.5/5). Business banking for European SMBs.

Money Forward vs Qonto: side by side

DimensionMoney ForwardQonto
Starting priceFreeWinnerFrom $9/mo
Free planYesWinnerNo
Free trial30 daysWinner
Pricing modelSubscriptionSubscription
Best forJapanese BusinessSmb, Freelancers
PlatformsWeb, Ios, AndroidWeb, Ios, Android
Rating4.2/54.5/5Winner

Money Forward key facts

Vendor
Money Forward
Pricing
Subscription — Free
Free tier
Yes
Platforms
Web, Ios, Android
Best for
Japanese Business
Editor rating
4.2 / 5
Founded
2012
Headquarters
Tokyo, Japan

Qonto key facts

Vendor
Qonto
Pricing
Subscription — From $9/mo
Free tier
Free trial (30 days)
Platforms
Web, Ios, Android
Best for
Smb, Freelancers
Editor rating
4.5 / 5
Founded
2016
Headquarters
Paris, France

Frequently asked questions

Is Money Forward better than Qonto?

Neither is universally better — Qonto edges ahead on overall rating, but the best choice depends on price, platforms, and your use case. See the side-by-side table above.

Is Money Forward or Qonto cheaper?

Money Forward is the more affordable of the two to get started, at free. Money Forward starts at free; Qonto starts at from $9/mo.

Can Money Forward replace Qonto?

Yes for most teams — both are accounting tools with heavily overlapping features. The main trade-offs are pricing and platform support, covered in the comparison above.