Amsterdam-based fintech Finom has secured €115 million in a Series C funding round, led by AVP with participation from Headline Growth and existing investors General Catalyst, Northzone, and Cogito Capital. This round brings Finom’s total funding to over €300 million, including a recent €92.7 million injection from General Catalyst’s Customer Value Fund.
Focused on supporting SMEs and freelancers, Finom plans to use the funding to accelerate its expansion across Europe. The company currently serves more than 125,000 customers in Germany, France, Italy, Spain, and the Netherlands, offering financial tools such as local IBAN accounts, invoicing, payments, and expense tracking. More recently, it entered the lending market with credit lines for Dutch businesses.
The fintech aims to reach one million European business customers by 2026 and has doubled its revenue in 2024 alone. Its workforce has also grown to over 500 employees since its €50 million Series B round in early 2024.
“This funding helps us go faster, not just in technology, but in earning the trust of a million entrepreneurs across Europe,” said Andrey Petrov, CEO and co-founder of Finom.
With fresh capital and increasing momentum, Finom is positioning itself as a key digital banking player for small businesses across the EU.