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Qonto vs Wave

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

Business banking for European SMBs.

Free accounting and invoicing for small business.

The verdict

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

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

Choose Wave if you'd rather have a lower starting price (free – $16/mo) and a free plan to start on. Free accounting and invoicing for small business.

Qonto vs Wave: side by side

DimensionQontoWave
Starting priceFrom $9/moFree – $16/moWinner
Free planNoYesWinner
Free trial30 daysWinner
Pricing modelSubscriptionFreemium
Best forSmb, FreelancersFreelancers, Micro Business
PlatformsWeb, Ios, AndroidWeb, Ios, Android
Rating4.5/5Winner4.3/5

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

Wave key facts

Vendor
Wave
Pricing
Freemium — Free – $16/mo
Free tier
Yes
Platforms
Web, Ios, Android
Best for
Freelancers, Micro Business
Editor rating
4.3 / 5
Founded
2010
Headquarters
Toronto, Canada

Frequently asked questions

Is Qonto better than Wave?

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 Qonto or Wave cheaper?

Wave is the more affordable of the two to get started, at free – $16/mo. Qonto starts at from $9/mo; Wave starts at free – $16/mo.

Can Qonto replace Wave?

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.