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Live News EQUITY FLASH L impact

Qonto launches platform on EU SME cash buffers, AI spend, late payments

The new Qonto Insights platform uses anonymized data from French, German, Italian and Spanish SMEs. September data showed a median cash runway of 18.5 days, a rise of 0.4 days. Average AI tool spending was EUR 34.46, up EUR 8.02 from August. 31.6% of invoices were late in September, with an average delay of 58.6 days.