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Qonto launches monthly data platform for European SMEs

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Qonto launches monthly data platform for European SMEs

Qonto, the European business finance management platform, has launched Qonto Insights, a free public data platform using anonymised transaction activity from its SME customers to track the health of small businesses across Europe.

The platform uses aggregated data from businesses in France, Germany, Italy and Spain and is updated on the 7th of each month. It tracks four areas of SME activity: cash buffers, AI adoption, late payments and international transactions. The Cash Buffer Index measures the number of days of reserves held by a typical business, the share with at least one month of cash and the proportion that falls into a negative balance during the month. The AI Adoption Index tracks the share of SMEs paying for AI tools, their average spending and the number of subscriptions held.

The Late Payments Index measures the proportion of invoices settled late, the length of delays and the average value of overdue invoices, while the International Transactions Index tracks cross-border activity, including payment destinations and average transaction values.

The first edition, covering September, points to a mixed picture for European SMEs. The median business held 18.5 days of cash runway, up 0.4 days from August. France recorded the highest median at 19.4 days, while Italy recorded 9.5 days. Across Europe, 7.4% of businesses entered a negative balance at least once during the month, down 0.2 percentage points from August.

7% of SMEs paying for at least one AI subscription through Qonto, compared with 10% at the start of the year.



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