For many years, Christopher Plantener was loyal to the bank he opened an account with when he was a student. When he founded his first company, he wanted to open a new corporate account there too. “It took me 10 years to get a line of credit, and I’m still waiting for a credit card,” said the 41-year-old, who has never had an employment contract.
Mr. Plantener wants to do better than his bank. With three like-minded individuals, including a former manager of smartphone bank N26, he established the financial start-up Kontist a few months ago. It offers the self-employed a free account and helps them to immediately set aside the correct amount of tax whenever income is posted to their account. Additional functions will be added in the future. Mr. Plantener’s vision is a business account that takes the bulk of the accounting work out of the hands of solo entrepreneurs and also helps them with their personal financial planning.