Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The French Fintech Qonto has announced the recruitment of 100 employees by 2020. Qonto's human resources director said that by then the company will have 300 employees. In the company, IT alone represents a third of the workforce, Front end' and'back-end' developers are the functions most recruited for.There are also opened positions for product managers, designers, customer relationship managers, AML/FT experts, and digital marketing experts specialising in customer referencing and acquisition.
Qonto is a payment institution agent supervised by Banque de France. It provides a current account that allows companies or self-employed individuals to perform daily operations (transfers, card transactions) but, unlike a traditional account, it cannot be overdrawn. Quonto has 50,000 customers.
Eurofound (2019), Qonto, Business expansion in France, factsheet number 98891, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/98891.