Updated October 14, 2026 · BorrowCue Editorial Team

Multitude vs Qonto ES

Multitude scores 8.8 and Qonto ES 8.6 out of 10. Compare their differences and shared features below.

Multitude

8.8/10

Facts checked October 14, 2026.

Qonto ES

8.6/10

Facts checked September 26, 2026.

Multitude vs Qonto ES: the differences

Multitude vs Qonto ES
Compare
MultitudeMultitude
ReviewVisitVisit
Qonto ESQonto ES
ReviewVisitVisit
APR30.31% to 57.26%19.5%Lower
Loan amountSEK 10,000 to SEK 50,000€750 to €1,000,000
Term12 months1 to 12 months
Funding timeWithin one bank day of approvalAnswer within max 48 h, money in the Qonto account within a few days
Rate typeVariableFixed
Lender typeDirect lenderBroker
EligibilitySwedish personal identity number and a Swedish bank account, with income and expenses declared in the online applicationPragmaGO loan: registered office in Spain, company registered at least 1 year, 12 months of activity, any legal form or autonomo, minimum 250 EUR monthly turnover, Qonto account required
Loan typesCredit line, PersonalBusiness, Credit line
Arrangement fee565 SEKNot confirmed
Representative exampleFerratum Credit: 23 000 SEK over 12 monthly instalments, effective rate 37.68%, total to repay 27 013,83 SEK, setup fee 565 SEK and account fee 59 SEK per monthNot confirmed
Credit neededNot confirmedGood
Use casesHome improvementNot confirmed

Same on both: Credit check (Hard).

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Key differences

  • Multitude scores higher overall: 8.8 vs 8.6.
  • Qonto ES is licensed in 1 more country.
  • Qonto ES is available in 17 more countries.
  • APR is lower at Qonto ES: 19.5% vs 30.31% to 57.26%.
  • Support channels: only Qonto ES offers Email, Phone.
  • Features: only Multitude offers Same day funding.
  • Loan types: only Multitude offers Personal.
  • Loan types: only Qonto ES offers Business.

Our verdict on each

Multitude

Multitude is a listed European fintech group whose homepage describes consumer banking through Ferratum, SME banking through CapitalBox and wholesale banking through Multitude Bank. The parent site is not itself a single retail loan offer. Country and product terms need to be checked with the relevant operating business.

Read the full Multitude review

Qonto ES

Qonto suits Spanish businesses and sole traders that keep a Qonto account and want a fixed rate on a revolving facility. The trade-off is cost: at 19.5% with a hard credit check, it prices above the 12% median across the site, so the flexibility has to earn its place.

Read the full Qonto ES review

Score breakdown

Multitude vs Qonto ES
AreaMultitudeQonto ES
Cost8.38.5HigherThe rate is 19.5%, above the 12% site median, on a fixed rate with a hard credit check.
Offer9.09.0
Trust9.1Higher8.3

Side by side, item by item

Multitude vs Qonto ES
Loan typesMultitudeQonto ES
PersonalYesNo
Credit lineYesYes
BusinessNoYes

Cost in a real example

Borrow a typical amount over a typical term (estimate at the stated APR)

Multitude

1,716.76 to 3,365.26

1,716.76 to 3,365.26

Qonto ES

1,087.44

1,087.44

Qonto ES comes out 629.32 lower in this example.

Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.

Where each is licensed and available

Multitude vs Qonto ES
CountryMultitudeQonto ES
FranceNot confirmed
ACPR 16958
FR_ACPR PSD_PI FR_ACPR!68677
MaltaNot confirmed
SpainNot confirmed

Available in 13 countries for both. Additional countries for Qonto ES: 17.

Also worth a look

Sofkredit has apr at 10.74% to 18.06%, against 30.31% to 57.26% for Multitude and 19.5% for Qonto ES.

Sofkredit review

Sources behind this comparison

Multitude

  • ferratum.se: 15 facts, checked September 26, 2026
  • ferratum.de: 2 facts, checked September 26, 2026

Qonto ES

  • qonto.com: 13 facts, checked September 26, 2026
  • euclid.eba.europa.eu: 2 facts, checked September 26, 2026

How they place

Multitude vs Qonto ES
RankingMultitudeQonto ES
Lines of credit5 of 3286 of 328

Every fact side by side

Multitude vs Qonto ES
FactMultitudeQonto ES
Pricing modelNot confirmedFixed rate
FeaturesCredit line, Same day fundingCovers moreCredit line
Legal entityMultitude Bank p.l.c.QONTO
HeadquartersMaltaFrance
Founded2005Not confirmed
Support channelsChat, Help centreChat, Email, Phone, Help centreCovers more

Where each stands against the rest

Multitude vs Qonto ES
FactMultitudeQonto ESMedian
APR30.31% to 57.26%highest quarter19.5%highest quarter8.99
Term12 monthslowest quarter1 to 12 monthslowest quarter60 months

Median across 1144 listed lenders.

Pros and cons

Multitude

Pros

  • The site distinguishes three business units and provides separate contact routes.
  • The parent company positions itself as a digital financial services group.

Cons

  • The captured material does not describe specific consumer credit terms or country level eligibility.
  • Licensing and product terms for one subsidiary cannot be inferred from the parent overview.

Qonto ES

Pros

  • The rate is fixed (fixed), so the cost of drawn credit does not reset with market moves.
  • The facility is a credit line (credit line) as well as a business loan (business and credit line), so one relationship covers a repeating need and a single large draw.
  • Amounts run €750 to €1,000,000, wide enough for an equipment purchase or a payroll bridge.

Cons

  • The rate of 19.5% sits above the 12% median across the site and up in the 24.92% band, which makes it an expensive way to borrow.
  • The credit check is hard (hard) and the bar is good credit (good), so a thin file has no route here.
  • The facility runs 1 to 12, so a drawn balance has to clear inside a short window rather than be spread over years.

Who each suits

Multitude

Who it suits

  • People trying to identify which Multitude business unit offers a particular service.

Who should look elsewhere

  • Borrowers seeking a direct rate or loan comparison from the group homepage.

Qonto ES

Who it suits

  • Businesses registered in Spain that already run a Qonto account and need working capital between invoices.
  • Autonomos and companies of any legal form that clear the eligibility bar and want a revolving line rather than a single lump sum.
  • Firms that value a fixed rate (fixed) on short drawn balances more than the lowest headline number.

Who should look elsewhere

  • Businesses chasing the lowest rate: Plazo ES lists 24.19% against Qonto's 19.5%, and that gap is worth pricing first.
  • Anyone without a Qonto account or a registered office in Spain, because eligibility needs both, so Cashspace is the other listed name to check.
  • Borrowers with a thin credit file, since the check is hard (hard) and the bar is good credit (good), so Vivus ES is worth checking for a softer route.

Current offers

Qonto ES

Current offer

  • Bonus

    Welcome bonus (Bono de Bienvenida): 300 EUR

    Open a Qonto business account; offer shown as valid only until 7/10; spend with your Qonto card to earn

    Source, checked September 26, 2026

  • First period offer

    Free Qonto months with first approved financing (Qonto x PragmaGO): 2 months of Qonto free, up to 1 year if requesting over 25,000 EUR

    Approved financing request through the PragmaGO partner offer

    Source, checked September 26, 2026

Country by country

Multitude vs Qonto ES
CountryMultitudeQonto ES
AustriaNoYes
BelgiumNoYes
CyprusNoYes
FranceNoYes
GreeceNoYes
HungaryNoYes
IcelandNoYes
IrelandNoYes

8 of 30 countries where either is available.

Questions about each

Multitude

Which businesses does Multitude list?+

The parent site lists Ferratum for consumer banking, CapitalBox for SME banking and Multitude Bank for wholesale banking.

Does this page give consumer loan rates?+

No. The captured parent pages do not provide product specific rates or repayment terms.

Qonto ES

What rate do I pay on this business line?+

The listed rate is 19.5%, which sits above the 12% median across the site and up in the 24.92% band. Because the deal runs through a broker (broker), the partner lender's own pricing is what ends up on your offer, so treat the published figure as the number to test against other quotes.

Is the rate fixed, or can it change?+

It is fixed (fixed), and the pricing model is a fixed rate one (fixed rate). That is the commonest structure here, with 80.5% of the brands on the site pricing this way, so the rate you agree holds for the life of the drawn credit rather than resetting at renewal.

Other options to compare

Multitude

Multitude

Higher score in this comparison

8.8/10Visit

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