Fiken

Name

Fiken

Legal name

Fiken AS

Website

https://fiken.no

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. SaaS Subscription: Monthly subscription to the Fiken accounting software at 209 NOK per month with no binding period. Revenue is generated from ongoing subscriptions from over 100,000 active users. The company had approximately 464 million NOK in revenue in 2025.
2. AS Formation Service: Free service for company formation; Fiken earns indirectly by converting new company owners into subscribers. The only mandatory cost is the government filing fee of 6,825 NOK to Brønnøysundregistrene.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Fiken is a cloud-based accounting software subscription service for Norwegian small and medium-sized businesses, offering complete bookkeeping, invoicing, bank reconciliation, payroll, tax filing, and annual accounts. The platform also provides free company formation services for ENK and AS entities through integration with the Norwegian company registry.

Product overview

Fiken tilbyr et skybasert regnskapsprogram på abonnementsbasis til små og mellomstore bedrifter i Norge. Kjerneproduktet Fiken Regnskapsprogram inneholder funksjoner for komplett regnskapsføring, fakturering (Faktura), skattemelding og årsregnskap, bankintegrasjon, lønn og pensjon, samt kjøp og kvitteringsregistrering. I tillegg tilbyr Fiken gratistjenester for bedriftsetablering inkludert Start AS for aksjeselskap og Start ENK for enkeltpersonforetak. Plattformen inkluderer også hjelpeverktøy som Fiken Forklarer (regnskapsordbok), Kontohjelp (kontosøk), Spør Fiken (AI-drevet kundesupport), og Banktransaksjoner for automatisert bilagsføring. Fiken har et åpent API for tredjepartsintegrasjoner og et partnerøkosystem for regnskapsførere.

Differentiator

Problem solved

Functional benefit

Products and services

• Fiken Regnskapsprogram (Accounting Software) Subscription-based cloud accounting software for Norwegian small and medium-sized businesses, offering complete bookkeeping, invoicing, bank reconciliation, payroll, tax filing, receipt management, and annual accounts. Designed for non-accountants to manage their own books with full Norwegian regulatory compliance.
• Start AS

Quantifiable outcome

• Over 130,000 Norwegian businesses use Fiken
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration39 records

AI capability3 records

Feature6 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Folio (Bank)coreTechnology or IntegrationFolio is a Norwegian digital business bank that provides business bank accounts integrated with Fiken. When users start a new AS company through Fiken, they can optionally set up a business account with Folio. The integration provides seamless connection between business banking and accounting.
• DNBcoreTechnology or IntegrationMajor Norwegian bank with direct integration into Fiken for bank reconciliation and payment initiation. Users can connect their DNB business accounts for automatic transaction import.
• NordeacoreTechnology or IntegrationMajor Norwegian bank with integration for bank reconciliation. Supports automatic import of bank transactions for reconciliation.
• SpareBank 1 (Multiple Regional Banks)coreTechnology or IntegrationAlliance of regional Norwegian savings banks with integrations for bank reconciliation. Includes SpareBank 1 Østfold Akershus, SpareBank 1 Gudbrandsdal, SpareBank 1 Hallingdal Valdres, SpareBank 1 Sørøst-Norge, SpareBank 1 Sør-Norge, SpareBank 1 Nord-Norge, SpareBank 1 SMN, SpareBank 1 Sogn og Fjordane, SpareBank 1 Nordmøre, SpareBank 1 Lom og Sjåk, SpareBank 1 Ringerike Hadeland, and SpareBank 1 Helgeland.
• Danske BankcoreTechnology or IntegrationMajor Norwegian bank with integration for bank reconciliation and payment initiation.
• Peppol NetworkcoreTechnology or IntegrationInternational e-invoicing network for EHF invoice processing. Fiken supports Peppol for sending and receiving electronic invoices.
• AltinncoreTechnology or IntegrationNorwegian government portal for digital submission of reports and forms. Fiken integrates directly with Altinn for filing tax returns, annual accounts, and other required government submissions.
• SkatteetatencoreTechnology or IntegrationNorwegian Tax Administration with direct integration for tax filing. Fiken can automatically populate tax returns and submit directly to Skatteetaten.
• BrønnøysundregistrenecoreTechnology or IntegrationNorwegian company registry with integration for company formation. Fiken users can register new ENK and AS companies directly through the service, with data submitted to Brønnøysund.
• Amazon Web ServicescoreTechnology or IntegrationPrimary cloud infrastructure provider for data backup and storage.
• Unikum RegnskapminorChannel Partner/ Reseller/ DistributorCertified accountant firm listed on Fiken's accountant finder, specializing in serving Fiken clients.
• Synega RegnskapminorChannel Partner/ Reseller/ DistributorCertified accountant firm with expertise in Fiken, offering pay-per-minute accounting services.
• LeinonenminorChannel Partner/ Reseller/ DistributorAuthorized accounting firm with 10 employees, offering full accounting services using Fiken.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tripletex: Norwegian cloud-based accounting and payroll SaaS for SMBs. Closest direct competitor in the Norwegian market — similar self-serve PLG motion, Norwegian tax compliance focus, and SMB target. Operates in identical regulatory and language context, making it Fiken's primary head-to-head rival.
• Bokio: Swedish free cloud accounting SaaS targeting freelancers and micro-businesses. Comparable on free-tier positioning, simplicity, and SMB focus. Validates the 'simple Norwegian-style accounting SaaS' product thesis at the small end of the SMB segment.
• Billy: Danish SMB accounting app with strong ease-of-use positioning and freemium pricing. Closely comparable on product positioning ('accounting for non-accountants') and target customer (very small businesses). A relevant Norwegian-market expansion candidate.
• Fortnox: Sweden's leading cloud accounting and business management platform for SMBs, publicly traded on Nasdaq Stockholm. Demonstrates the Nordic SMB SaaS playbook (accountant partner channel, integrations, government API integration) that Fiken follows in Norway.

Broad incumbents

• Xero: Global SMB cloud accounting platform with significant Nordic presence through accountant partner networks. Comparable on SaaS model, multi-currency/multi-region capability, and ecosystem-led GTM. A reference point for what scaled SMB accounting SaaS looks like.
• Sage: UK-headquartered global SMB accounting and payroll software provider with broad SMB reach. Comparable on serving small businesses with compliance-heavy accounting workflows. A potential strategic acquirer of Nordic regional players like Fiken.
• Microsoft Dynamics 365 Business Central: Microsoft's mid-market ERP/accounting platform increasingly targeting smaller SMBs. Comparable on cloud accounting, financial reporting, and integration ecosystem. A long-tail competitive threat as it moves down-market into Fiken's territory.
• Visma e-conomic: Danish-origin SMB accounting SaaS owned by Visma (Hg Capital). Comparable cloud accounting and invoicing functionality with Nordic tax rule localization. Strong incumbent in Denmark and expanding across the Nordics — a credible cross-border threat to Fiken's Norwegian turf.
• QuickBooks (Intuit): Global SMB accounting and tax SaaS leader. Comparable on PLG/self-serve SMB acquisition, ecosystem of integrations, and AI-driven automation roadmap. Sets the global benchmark for the product category Fiken operates in at a regional level.

Regional players

• Svea Ekonomi: Nordic financial services group providing invoicing, factoring, and payments integrated with accounting workflows. Comparable on embedded finance + accounting bundling for SMBs — the same convergence Fiken is pursuing with Folio and Aprila.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/fiken.no
• LinkedInlinkedin.com/company/fiken
• Xx.com/fiken_no

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fiken