Finom
- Company typePrivate
- Founded2019
- HeadquartersAmsterdam, Netherlands
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
Finom firmographics
Firmographics- Name
- Finom
- Legal name
- PNL FINTECH BV
- Website
- https://finom.co
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Ownership category
- akta.pro rank
Finom industry classification
Industry- Product category
- Digital Business Banking
- NAICS
- Credit Intermediation and Related Activities (522), Credit Card Issuing (522210), Activities Related to Credit Intermediation (5223)
- SIC
- Finance Services (6199), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)
- akta.pro secondary industries
- Embedded Lending & Credit (POS, Working Capital, Credit Lines) (FSAGALAD), Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA), Credit & Overdraft Enablement (Credit Lines, Underwriting Integrations) (FSAGAAAJ)
Keywords
Where Finom is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
Finom business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Subscription Plans (Solo, Start, Premium, Corporate): Monthly subscription tiers priced at €0 (Solo), €7 (Start), €24 (Premium), and €90 (Corporate) with annual billing offering a discount versus monthly billing. One-month free trial available on each paid plan.
- Credit Line / Lending Interest: Direct lending to small businesses (launched in Netherlands and Germany), generating interest income from credit lines extended to SME customers.
- Interest Account (Idle Cash Returns): Interest-bearing account for European businesses that pays daily returns on idle cash balances, generating net interest income.
- SEPA and SWIFT Transaction Fees: Per-transaction fees of €0.20 for SEPA transactions beyond plan allowance; 0.2%–0.5% (min €15, max €100) on inbound SWIFT payments. Cash withdrawals beyond plan limits also charged.
- Card-Related Fees (Physical/Virtual): Monthly fees on physical cards for lower-tier plans (€1–€2/month depending on plan); additional card fees where plans are exceeded.
- Company Formation Service Fees: Paid service packages for company formation (GmbH, UG and others), bundled with optional business account opening and bookkeeping.
- Card Interchange / Cashback Program: Up to 3% cashback on card transactions for paying customers; interchange revenue offset by cashback rewards tied to subscription tier (Solo has no cashback; Start up to 2%; Premium/Corporate up to 3%).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Solo – free plan for freelancers/self-employed with no monthly fee |
| Subscription | Annual | Start – entry paid plan for small businesses at €7/month annual |
| Subscription | Annual | Premium – mid-tier at €24/month annual for growing businesses |
| Subscription | Annual | Corporate – top tier at €90/month annual with multi-user and account features |
| Other | Annual | Custom – bespoke pricing for enterprise or special requirements |
Go-to-market motion4 records
Distribution channels1 record
Marketing channels7 records
Finom product offering
Product offeringCore offering
Finom provides an integrated digital business banking platform for European SMEs, freelancers and self-employed professionals, combining local-IBAN accounts (issued via partner banks Solaris SE in Germany/Italy and Treezor in France) with invoicing, expense management, multi-banking aggregation, AI-driven accounting, tax filing, company formation, business cards with cashback, credit lines and an interest-bearing account inside one self-serve web and mobile app.
Product overview
Finom is a single unified digital banking platform for European SMEs and freelancers, composed of a core Business Account (delivered through licensed banking partners Solaris SE in Germany/Italy and Treezor in France) wrapped by an integrated suite of operational modules rather than standalone point products. On top of the Business Account sit Invoicing, the AI Accountant, the AI Business Name Generator, Multi-Banking, Expense Management, Cards (physical/virtual Visa with Apple/Google Pay), Cashback, electronic Invoicing, Company Formation, Tax Filing via DATEV/Sorted, Credit Lines and the Interest Account — all surfaced through one app. The Kapaga acquisition (2022) extended the platform with cross-border payment capabilities, reinforcing Finom's positioning as a full financial OS for small businesses across the Eurozone.
Differentiator
Problem solved
Functional benefit
Brands
- AI Accountant: Finom's AI-driven accounting product that automates transaction categorization, receipt/invoice recognition, bookkeeping, tax declaration submission and real-time deadline tracking for freelancers and self-employed customers.
- Finom Business Account
Products and services
- Finom Business Account Online business bank account for European SMEs and freelancers with local German/Italian/French IBANs issued within 24 hours, SEPA and SWIFT payments, prepaid Visa debit cards (physical and virtual) with Apple Pay and Google Pay support, multi-user access, ATM withdrawals and deposit insurance up to €100,000 via banking partners.
- Finom AI Accountant AI-driven accounting automation product for German freelancers, self-employed professionals, and SMEs that performs automated transaction categorization, receipt and invoice recognition/OCR, bookkeeping, and prepares and submits tax declarations to the Finanzamt while tracking filing deadlines.
- Finom Company Formation Paid service for launching a business in Germany covering GmbH, UG and other legal forms, bundling IHK name checks, notary appointments, account opening, commercial register entry and tax registration into a single flow, often combined with a Finom business account.
- Finom Credit Lines Direct lending product offering SME credit lines for working capital and investments to existing Finom business banking customers in the Netherlands and Germany.
- Finom Interest Account
Quantifiable outcome
- Clients get paid 20% faster via integrated invoicing
- +6 more outcomes
Companies that use Finom
Customer profileSegments5 records
Ideal customer profiles3 records
Finom technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability8 records
Feature8 records
Finom partnerships and signals
Strategic signalScale indicators12 records
Recent moves10 records
Expansion highlights6 records
Finom competitors and assessment
Company assessmentDirect peers
- Qonto: Paris-based SME neobank offering business accounts, invoicing, expense management and accounting integrations across Europe — the closest direct competitor to Finom, explicitly benchmarked by Finom in its own blog content.
- Pleo: Danish-founded European SME spend management and corporate-card platform, with companion business account features — overlapping target customer (SME/employee cards) and overlapping product surface (cards, expense, accounting integrations).
- Spendesk: French SME spend management platform combining corporate cards, expense management and AP automation — directly overlaps with Finom's expense, cards and multi-user offerings for European SMBs.
- Holvi: European digital banking platform built for freelancers, self-employed and small businesses with invoicing, expense and accounting — directly comparable niche, pricing tiers and go-to-market to Finom.
Broad incumbents
- Revolut Business: Broad European neobank with a dedicated SME/business account tier — competes with Finom for freelancers and SMEs on multi-currency accounts, cards and expense tooling, but as part of a much larger consumer-first portfolio.
- N26 Business: German-rooted neobank with a business account offering — overlaps with Finom's German SME segment on accounts and cards, but N26 is a broad retail neobank rather than a specialised SME platform.
- Wise Business: Cross-border payments specialist with a multi-currency business account — overlaps with Finom's cross-border SME needs (especially via the Kapaga acquisition) and is increasingly adding expense/invoicing features.
- SumUp Business Account: European payments/SME banking provider with a business account and card offering — competes with Finom for the same micro-merchant and SMB segment from a payments-acquiring angle.
Regional players
- Tide: UK-focused SME neobank with invoicing, expense and accounting integrations — same all-in-one SME banking playbook as Finom, but primarily serving UK rather than EU customers.
- Lili: US-based neobank targeting freelancers and small businesses with integrated banking, expense and tax tools — same product thesis and customer persona as Finom, but serving US rather than EU SMBs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Finom social profiles
Digital presenceFinom compliance and trust
Trust signalCompliance3 records
Finom financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finom leadership team
Management profileNumber of profiles
Profiles8 records
Finom subsidiaries and ownership
Company hierarchySubsidiaries2 records
Finom funding detail
Funding detailFunding overview
Funding rounds7 records
Investors16 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finom M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Finom
What does Finom do?
Finom provides an integrated digital business banking platform for European SMEs, freelancers and self-employed professionals, combining local-IBAN accounts (issued via partner banks Solaris SE in Germany/Italy and Treezor in France) with invoicing, expense management, multi-banking aggregation, AI-driven accounting, tax filing, company formation, business cards with cashback, credit lines and an interest-bearing account inside one self-serve web and mobile app.
Is Finom a public or private company?
Finom is a private company. It is classified as venture growth investor backed and is currently operating.
When was Finom founded?
Finom was founded in 2019. It employs 501 to 1,000 people.
Where is Finom based?
Finom is headquartered in Amsterdam, Netherlands, in the Europe region.
How does Finom make money?
Seven revenue lines are on record. Subscription Plans (Solo, Start, Premium, Corporate) is the primary driver. The others are credit Line / Lending Interest, interest Account (Idle Cash Returns), SEPA and SWIFT Transaction Fees, card-Related Fees (Physical/Virtual), company Formation Service Fees and card Interchange / Cashback Program.
Who are Finom's main competitors?
Direct peers on record are Qonto, Pleo, Spendesk and Holvi. Broad incumbents are Revolut Business, N26 Business, Wise Business and SumUp Business Account. Regional players are Tide and Lili.
Does Finom have an API?
No public API is recorded for Finom.
What industry is Finom in?
Finom's product category is Digital Business Banking. Its primary akta.pro industry code is FSAGALAE, Embedded Deposit Accounts & Digital Wallet Infrastructure, with a secondary code of FSAGALAD, Embedded Lending & Credit (POS, Working Capital, Credit Lines). Its NAICS code is 522 and its SIC code is 6199.