FreeAgent vs Qonto: Complete Comparison (2026)
An in-depth comparison of FreeAgent and Qonto to help you choose the right tool for your business.
Last updated: November 2026
FreeAgent
6.4/10
FreeAgent is UK cloud accounting software for sole traders, limited companies, partnerships, and landlords. It covers invoicing, banking, payroll, and Making Tax Digital filing.
Qonto
6.4/10
Qonto is a European online business account for freelancers and SMEs, combining a local IBAN, payment cards, transfers, invoicing, and expense tools.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.4/10 | 6.4/10 |
| Analytics | 4/10 | 5/10 |
| Compliance | 8/10 | 6/10 |
| Cost | 8/10 | 6/10 |
| Customization | 4/10 | 5/10 |
| Ease of Use | 8/10 | 8/10 |
| Integration | 6/10 | 8/10 |
| Scalability | 3/10 | 6/10 |
| Security | 6/10 | 6/10 |
| Support | 7/10 | 5/10 |
| Pricing | ||
| Free plan | No | No |
| Cheapest paid plan | £10/mo Landlord | €9/mo Basic |
| Estimated cost for 10 users | £10/mo Landlord | €49/mo Essential |
| Features | ||
| Accountant Access | ||
| Bank Reconciliation | ||
| Expense Management | ||
| Invoicing | ||
| Accounts Payable | Not listed | |
| Corporate Cards | Not listed | |
| Financial Reporting | Not listed | |
| General Ledger | Not listed | |
| Multi-currency | Not listed | |
| Online Payments | Not listed | |
| Payroll | Not listed | |
| Tax Compliance | Not listed | |
FreeAgent vs Qonto cost by team size
| Team size | FreeAgent | Qonto |
|---|---|---|
| 1 user | £10/moLandlord | €9/moBasic |
| 5 users | £10/moLandlord | €49/moEssential |
| 10 users | £10/moLandlord | €49/moEssential |
| 25 users | £10/moLandlord | €49/moEssential |
| 50 users | £10/moLandlord | €49/moEssential |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose FreeAgent
- Higher Compliance score (8/10 vs 6/10)
- Higher Cost score (8/10 vs 6/10)
Why choose Qonto
- Higher Scalability score (6/10 vs 3/10)
- Higher Integration score (8/10 vs 6/10)
- Better fit for enterprise (3/10 vs 1/10)
Pros & Cons
FreeAgent
Pros
- Free for customers with a NatWest, RBS, Ulster Bank, or qualifying Mettle business account.
- Built-in HMRC filing covers MTD VAT, Self Assessment, and MTD for Income Tax, and the limited company plan adds end-of-year filing.
- Reviewers often praise its UK-based phone and chat support.
- Every plan includes time tracking, projects, and invoicing, which suits freelancers who bill by the hour.
- Multi-currency invoicing and foreign-currency bank accounts are supported, with realised and unrealised gains and losses calculated automatically.
Cons
- Reviewers describe invoice templates as basic and say custom reporting is limited.
- Payroll suits only director-only setups or very small teams.
- Its integration ecosystem is smaller than those of Xero or QuickBooks.
- It has no multi-entity consolidation or advanced controls, so it does not scale to larger firms.
- Some users report out-of-date help articles.
Qonto
Pros
- Low entry price: the Basic solo plan costs €9 a month, and every plan has a one-month free trial with no commitment.
- Team plans include unlimited users, so costs do not rise with headcount.
- A large integration directory covers DATEV, Sage, Tiime and Stripe, plus Zapier, Make and a public API.
- Accountants get unlimited access from the Smart plan, which makes bookkeeping handoffs easier.
- Reviewers on G2 and Capterra praise the interface and quick onboarding.
Cons
- Reviewers often report account freezes during compliance checks that hold funds for days.
- Support is described as slow or generic when an issue is complex.
- International transfers cost 0.56% to 1.8% with a €5 minimum, which adds up for businesses that pay in many currencies.
- Qonto is a payment institution, not a full bank, and offers no broad lending products.
- There is no full general ledger or financial statements, so a separate accounting tool is still needed.
Not sold on either?
Frequently Asked Questions
FreeAgent and Qonto both score 6.4/10 on our Finance Software criteria. The largest gap is in Scalability: 3/10 for FreeAgent and 6/10 for Qonto.
No, neither FreeAgent nor Qonto lists a free plan.
Qonto is the better fit for enterprise: we rate it 3/10 for them, against 1/10 for FreeAgent.
