Qonto is a french startup building a modern business banking solution, aiming to become "The banking alternative for entrepreneurs and startups" according to its website; the company raised $1.7 million from Peter Thiel's Valar Ventures and Alven Capital; Valar Ventures has also invested in digital bank N26 and TransferWise; Qonto wants to provide a wide variety of services including allowing receipt uploads to make filing taxes easier; they plan to integrate with other fintech products to transfer money and manage payments; launch is currently slated for April.  Source