fino digital

What fino digital does

fino digital is a privately held German B2B software provider founded in April 2015 in Kassel, operating across four product pillars: FinTech (account analytics, account switching, securities account switching, sales cockpit), DocTech (GetMyInvoices for invoice digitization and KanzleiDrive for tax-advisor document exchange), RegTech (KYCnow, operated through the ClariLab joint venture with SCHUFA), and TaxTech (GrundsteuerDigital property tax solution, operated through the TaxTech GmbH joint venture with DATEV). The company also distributes a suite of APIs and Open Banking Modules (Open Banking, OCR fintract, Signatur, Logo, Profile, E-Mail) that partners can embed modularly. The platform is built on AI/ML-powered transaction analytics with a documented 500-category classification system, OCR-based document data extraction, and PSD2-compliant XS2A account access, and is operated under BaFin AISP/PIS licensing (since July 2019), ISO 27001, PCI-DSS, and ISAE 3402 certifications with German-hosted data centers.

The company serves over 500 banks and 10,000 partners across Germany and Europe, with named customers including Interhyp (mortgage decisioning), Qonto (SME business account switching), Deutsche Firmenkredit Partner (DFKP, credit rating optimization), GuideCom (savings bank sales software integration), and itsmydata (tenant creditworthiness). Customer segments span banks and financial institutions (primary), RegTech/compliance obligated parties (banks, payment services, insurance, real estate, crypto custody), tax advisors and accountants, tax consultants, and real estate/property managers. Revenue is generated through four streams: API/module licensing, SaaS subscriptions (KYCnow, GetMyInvoices, GrundsteuerDigital, KanzleiDrive, fino-Cockpit), transaction-based account switching services, and document management subscriptions, with all pricing handled via custom enterprise quotes rather than public pricing.

The company operates a multi-channel go-to-market combining bank-partner distribution, enterprise field sales for solutions such as KYCnow and GrundsteuerDigital, and an API-first/Open Banking model distributing modules to developers and fintech platforms. fino employs 150+ people across offices in Kassel (HQ), Lübeck, Cologne, Erfurt, and Frankfurt am Main, and maintains wholly-owned subsidiaries (fino run GmbH as the AISP-licensed entity, fino data services, fino create, fino talents, TaxTech GmbH) plus the jointly controlled ClariLab JV. Leadership is held by co-founder and CEO Florian Christ, alongside CEO Aleksandar Jeremic, CPO and Managing Director Dr. Christian Reichmayr, COO Björn Kahle, Managing Director of RegTech Tobias Eiss, and Managing Director of TaxTech Inga Krämer. The company states it has been profitable from inception with no external funding rounds disclosed.

Name

fino digital

Legal name

fino run GmbH

Website

https://fino.group

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Short description

fino digital is a German B2B software provider founded in 2015 offering AI-powered account analytics, document management, KYC/AML compliance (KYCnow via SCHUFA JV), and tax-tech solutions (GrundsteuerDigital via DATEV JV) to over 500 banks and 10,000 partners across Europe under BaFin AISP/PIS licensing.

Ownership category

akta.pro rank

Product category

Open Banking and Financial Data Analytics Software

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro primary industry

Transaction Analytics & Cash-Flow Insights (risk signals, forecasting) (FSAGACAG)

akta.pro secondary industry

SME Credit Risk, Underwriting & Financial Data (B2B Fintech Data/Decisioning) (FSAGAJAM)

Keywords

• Open banking APIs
• Account analytics software
• KYC compliance solutions
• Document management software
• Digital property tax

Headquarters

HQ city

Kassel

HQ country

Germany

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. API/Module Licensing: Revenue from licensing Open Banking Modules, OCR fintract, and other APIs to partners and enterprise clients. Modular, customized solutions sold to financial institutions and fintech companies.
2. SaaS Subscriptions: Subscription-based access to products like fino-Cockpit, KYCnow, GetMyInvoices, GrundsteuerDigital, and KanzleiDrive. Recurring revenue from software-as-a-service deployments to banks, tax advisors, and businesses.
3. Transaction-based Services: Account switching services and transaction-related processing fees. Account switching services for banks enabling customers to switch accounts with guaranteed added value.
4. Document Management Solutions: Revenue from GetMyInvoices for invoice digitization, document management, and accounting software integration.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels7 records

Core offering

fino digital is a B2B software company that sells modular, AI-powered solutions for account and data analytics, automated KYC/AML compliance, digital tax processes, and document management. Its products — including fino-Cockpit, KYCnow, GetMyInvoices, KanzleiDrive, GrundsteuerDigital, and the Open Banking Modules (PSD2/XS2A APIs) — are delivered to banks, savings and cooperative banks, tax advisors, and financial institutions across Germany and Europe. Revenue is generated primarily through SaaS subscriptions and API/module licensing.

Product overview

fino digital is a B2B software provider offering a modular platform for digital and data-based financial business models. The portfolio spans four main technology areas: FinTech (account and data analytics including Kontowechsel, Depotwechselservice, and fino-Cockpit), DocTech (document management including GetMyInvoices and KanzleiDrive), RegTech (regulatory compliance via KYCnow/ClariLab), and TaxTech (digital tax processes via GrundsteuerDigital). The company also provides a suite of APIs and modules (Open Banking Modules, OCR Fintract, Signatur API, Logo API) that can be combined modularly. Products are built on AI technology combining Data Science, Machine Learning, and document recognition capabilities, with a 360-degree view connecting account, financial, and document data. fino serves over 500 banks and 10,000 partners across Europe.

Differentiator

Problem solved

Functional benefit

Brands

• fino-Cockpit: AI-powered real-time account analytics and sales impulse generation platform
• KYCnow
• GetMyInvoices
• GrundsteuerDigital
• KanzleiDrive
• Kontowechsel
• Depotwechsel
• fintract
• fino.ventures
• openESG
• Open Banking Modules

Products and services

• Kontowechsel (Account Switching Service) Automated account switching service for banks that identifies, classifies, and migrates payment partners and standing orders when customers move bank accounts. Sold to banks and distributed via fino digital's partner network.
• Depotwechselservice (Securities Account Switching) Automated securities account switching service enabling customers to transfer investment accounts to new providers with rule-based recognition of contracts. Sold to banks and financial institutions.
• fino-Cockpit (Account Analytics) AI-powered real-time account analytics dashboard that classifies transactions into 500 categories, surfaces sales opportunities, and supports credit data validation for financial advisors and lenders such as Interhyp.
• GetMyInvoices Invoice management SaaS that automatically collects invoices from many sources, matches them to bank transactions, and exports them to accounting systems and DATEV. Sold to businesses, tax advisors, and accounting practices via self-serve and partner channels.
• KanzleiDrive All-in-one DSGVO-compliant document exchange platform for tax advisors and their clients, featuring digital signatures and a direct DATEV-DMS interface.
• KYCnow Automated KYC and AML compliance platform run by the SCHUFA-fino joint venture ClariLab, performing corporate relationship identification and risk assessment in seconds for banks and compliance-obligated entities.
• GrundsteuerDigital Digital property tax reform solution covering data import, collaborative declaration preparation, digital submission, automated notice checking, and objection handling for German property tax reform.
• Open Banking Modules (XS2A APIs) Modular PSD2-compliant XS2A APIs, UIs, and SDKs that combine secure account access with AI-based data analytics for use cases including credit checks, credit scoring, transaction matching, and receivables management. Licensed to developers, fintechs, and enterprise clients.
• OCR Fintract OCR API that converts invoices, bank statements, pay slips, ID documents, and certificates into structured data in seconds. Sold as a standalone API to enterprises and developers.
• Signatur API API for legally-secure electronic signatures on documents and transactions, offered as part of fino's modular API suite.
• Logo API (Logo-Datenbank) API providing access to a database of company logos for identification and verification, offered as part of fino's modular API suite.

Quantifiable outcome

• Instant mortgage decisions within 30 minutes using account analysis
• +2 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature6 records

Partnerships

Six partnerships are on record, tiered core, major and minor.

• InterhypcoreStrategic or Co-development Partner · 1 May 2026Partnership enables instant mortgage decisions using fino digital's AI-powered real-time account analysis. Interhyp selected fino for credit data validation due to high data quality with 500-category analysis for accurate customer assessment.
• QontomajorGTM or Marketing Partner · 1 January 2025European SME financial platform integrates fino digital's account switching solution for business accounts. Account switching is free of charge for Qonto users.
• Deutsche Firmenkredit Partner (DFKP)majorStrategic or Co-development Partner · 1 January 2024Strategic cooperation where DFKP uses fino-Cockpit data analytics as part of credit rating process. Optimizes financing advice and supports growth objectives.
• openESGminorStrategic or Co-development Partner · 1 January 2022Created as open ESG data hub to automate data flow between banks, SMEs, and their tax advisors. Open solution for ESG data management.
• DATEV (TaxTech GmbH)coreStrategic or Co-development Partner · 1 October 2021Joint venture between fino and DATEV to develop GrundsteuerDigital property tax solution. TaxTech GmbH founded October 2021. GrundsteuerDigital is the recommended property tax solution through DATEV's network.
• SCHUFA (ClariLab GmbH & Co. KG)coreStrategic or Co-development Partner · 1 April 2020April 2020 joint venture between SCHUFA and fino to combat money laundering and terrorist financing. Created ClariLab GmbH & Co. KG for the KYCnow platform. Combines SCHUFA's credit data expertise with fino's technology for automated KYC process.

Scale indicators7 records

Recent moves14 records

Expansion highlights6 records

Direct peers

• TrueLayer: TrueLayer provides PSD2 Open Banking connectivity (AIS/PIS) with analytics layers for credit decisioning, payments initiation, and account verification across the UK and Europe — overlapping directly with fino's Open Banking Modules and KYC/credit-scoring use cases.
• Tink: Tink (acquired by Visa) is a Europe-leading Open Banking aggregation and PSD2 AISP platform offering XS2A connectivity and transaction analytics. It directly competes with fino's Open Banking Modules across banks and fintechs on the same core capability: PSD2-grade account access plus data analytics.
• Finleap Connect: Finleap Connect (part of the Finleap ecosystem) provides Open Banking infrastructure and fintech-platform services in Germany and Europe, competing directly with fino's API/module distribution model to banks and fintechs.
• Yapily: Yapily is a European Open Banking connectivity platform offering AIS/PIS APIs to banks and fintechs, comparable to fino's Open Banking Modules in infrastructure and target buyer (enterprise developers and financial institutions).
• Accountix: Accountix (formerly figo) is a German Open Banking platform offering PSD2 account-aggregation and financial-data APIs, overlapping with fino's XS2A and transaction-analytics capabilities in the DACH banking segment.
• Finapi: Finapi is a German PSD2/Open Banking API provider that aggregates account data and processes payment initiation for banks and fintechs — a direct domestic competitor to fino's Open Banking Modules, particularly across German savings and cooperative banks.

Others

• SCHUFA: SCHUFA is Germany's primary credit bureau and fino's JV partner in ClariLab (KYCnow). Comparable because both occupy the regulated credit-decisioning and KYC infrastructure layer for German banks, and SCHUFA's strategic moves directly determine fino's RegTech upside.
• DATEV: DATEV is Germany's dominant tax-advisor software platform and fino's JV partner for TaxTech GmbH (GrundsteuerDigital). DATEV's network of tax advisors is the primary distribution channel for fino's tax-tech products, making it a key enabling partner.

Emerging players

• IXOPAY: IXOPAY is a European payment-orchestration platform for routing transactions across PSPs. While not a direct match, it competes for the same bank-fintech middleware budget and overlaps with fino's payment-initiation and orchestration surfaces.

Broad incumbents

• Consorsbank / BNP Paribas subsidiary fintech infrastructure: Large incumbent banks and PSD2 aggregators like Mastercard Open Banking Solutions provide bank-rail infrastructure and analytics at scale. They overlap with fino on enterprise data-analytics and PSD2 connectivity, but as broad incumbents rather than specialised DACH account-analytics providers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/fino_run
• Facebookfacebook.com/fino.run
• LinkedInlinkedin.com/company/fino-ai

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries10 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 fino digital