Finom

Finom Products

Finom is a comprehensive financial platform designed to streamline the financial management for entrepreneurs, freelancers, and small to medium-sized businesses. It offers a seamless integration of banking, accounting, and invoicing services, all within a mobile-first platform.

Key Features

Finom provides a range of features tailored to meet the needs of modern businesses. Users can open a business account quickly and efficiently, with the added benefit of receiving a German IBAN within 24 hours. The platform supports international payments and offers up to 3% cashback on expenses, making it an attractive option for cost-conscious entrepreneurs.

The integrated accounting and tax reporting tools are automated, reducing the administrative burden on business owners. This automation ensures that financial records are accurate and up-to-date, facilitating smoother tax compliance. Additionally, Finom offers personal assistance in minutes, ensuring that users have access to support whenever they need it.

Target Users

Finom is ideal for freelancers, self-employed professionals, and small to medium-sized enterprises looking for an all-in-one financial solution. The platform’s user-friendly interface and comprehensive features make it particularly suitable for those who may not have extensive financial expertise but require robust financial management tools.

Additional Benefits

Finom’s partnership with Solaris Bank in Germany and Italy, and Treezor in France, ensures that users’ funds are protected by deposit insurance up to €100,000. This provides an added layer of security and peace of mind for business owners. The platform also offers multibanking services, allowing users to manage multiple bank accounts within a single app.

About Finom

Finom is headquartered in Amsterdam, Netherlands, and was founded in 2019. The company has rapidly grown to employ 559 people, reflecting its commitment to innovation and customer satisfaction.

Company Growth and Investment

Finom has experienced exponential growth over the past two years, securing $50 million in investments. This financial backing has propelled the company into hyper-growth mode, with plans to become a unicorn startup by 2025. Finom is supported by global funds such as General Catalyst, which has previously backed successful companies like Airbnb and Stripe.

Market Presence

Finom has expanded its reach across more than 10 EU countries, with a strong presence in key markets like Germany and France. This widespread market presence underscores Finom’s ambition to revolutionize the financial landscape for entrepreneurs worldwide.