Finom

Finom is a European fintech company that provides an all-in-one financial platform specifically designed for small and medium-sized enterprises (SMEs), freelancers, and entrepreneurs. Headquartered in Amsterdam, the company aims to eliminate administrative friction by consolidating business banking, invoicing, and expense management into a single, mobile-first interface. By leveraging proprietary AI-driven technology, Finom helps business owners automate time-consuming tasks like invoice reconciliation and accounting, allowing them to focus on their core operations. Founded in 2019 by a team of fintech veterans, Finom has rapidly expanded its footprint across the Eurozone, including key markets such as Germany, France, Italy, and Spain. The company operates as an authorized Electronic Money Institution (EMI) regulated by the Dutch Central Bank (DNB). With significant backing from major venture capital firms like General Catalyst and Northzone, Finom continues to scale its product offerings and infrastructure to support the evolving needs of the European digital economy.

Finom’s mission is to simplify the lives of Europe’s entrepreneurs by developing an all-in-one, mobile-first financial B2B solution that reduces time spent on manual administrative tasks.

• Secured an Electronic Money Institution (EMI) license from the Dutch Central Bank (DNB) in 2021
• Raised over €100 million in total funding, including a €50 million Series B round in 2024
• Serves over 200,000 businesses across the European market
• Founded by the team behind the successful neobank Modulbank

Sources

• Official Finom Website
• TechCrunch Funding Reports