Amsterdam’s Finom has secured €115 million in Series C funding to boost its SME financial tools across Europe.
The funding round was led by AVP and Headline Growth, with General Catalyst, Northzone, and Cogito Capital also backing again.
This new capital brings Finom’s total funding to more than €300 million, strengthening its push to reshape European SME finance.
Founded in 2020, Finom helps entrepreneurs manage money easily with its licensed Electronic Money Institution (EMI) financial platform.
A Financial Home for Small Businesses
Finom’s platform combines business banking, smart tools, and lending solutions in one place for busy entrepreneurs.
More than 125,000 customers now trust Finom across Germany, France, Italy, Spain, and the Netherlands with local IBANs.
With this funding, Finom plans to expand its SME financial tools and reach one million customers by the end of 2026.
Plans for Innovation and Growth
Firstly, Finom will improve its AI-powered tools, giving businesses sharper insights to manage money better and faster.
Secondly, it plans to build custom solutions made for SMBs, saving time and removing financial stress from daily tasks.
Moreover, Finom will make smart acquisitions and new partnerships to reach more markets with strong SME financial tools.
The goal is clear: give European entrepreneurs faster, smarter, and easier ways to handle their business finances.
Strong Growth and Healthy Performance
Finom has doubled its revenue in 2024, showing growing demand for smarter money tools for Europe’s small businesses.
The company’s team now has more than 500 people, reflecting steady growth and trust in Finom’s mission.
Finom says, “European entrepreneurs work hard and think fast. But old money tools often slow them down too much.”
The company adds, “Finom moves at their speed and grows with them at every stage of their business journey.”
Backed by Big Investors
Finom’s trusted investors share its vision for better SME financial tools for Europe’s underserved entrepreneurs.
Recently, General Catalyst invested €92.7 million, adding to the company’s strong financial foundation and future plans.
With more than €300 million in total capital, Finom can focus on building quality products without cutting corners.
Investors believe Finom’s approach will keep winning trust and market share across Europe’s changing business landscape.
What’s Next for European SMBs
Europe’s small businesses often face tough challenges managing money with slow, outdated systems and high fees.
Finom’s smart platform brings banking, lending, and AI together so small businesses save time and grow faster.
More small firms can now access tailored SME financial tools, staying ahead in fast-changing markets with less stress.
Finom’s vision is clear: be Europe’s trusted financial home for entrepreneurs who need smart, flexible money solutions.
With fresh funding, proven results, and a sharp focus, Finom is set to reshape Europe’s SME financial future.
Stay tuned as Finom keeps innovating tools that power the heartbeat of Europe’s economy — small businesses.