what is Finom and what services does it offer?

Finom is a challenger bank based in amsterdam that provides financial services to small and medium-sized businesses (SMBs) in Europe. Its platform combines banking, invoicing, and AI-enabled accounting features.

How much funding has Finom raised in its Series C round?

Finom successfully closed a €115 million Series C funding round, marking a critically important investment in the fintech startup.

What are Finom's plans for the newly acquired funding?

Finom intends to use the funding to expand its customer base, enhance its product portfolio, and possibly make strategic acquisitions. The company also aims to further develop its AI-driven financial platform.

How does Finom differentiate itself from other fintech companies?

Finom differentiates itself by focusing on providing a extensive financial platform tailored to the unique needs of SMBs, combining banking, invoicing, and AI-enabled accounting. It also uses AI internally to automate routine tasks.

What is Finom's target for business customers by the end of 2026?

Finom's goal is to reach one million business customers by the end of 2026, a target that the new funding aims to make more attainable.

In which European markets does Finom primarily operate?

Finom primarily operates in the Netherlands, France, Italy, and Spain, holding an electronic money institution (EMI) license in these markets. It partners with Solaris in Germany, which has a full banking license.

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Home » Technology » Finom Secures €115M: European Fintech Funding Surges

Technology

Finom Secures €115M: European Fintech Funding Surges

by Rachel Kim – Technology Editor June 23, 2025

written by Rachel Kim – Technology Editor June 23, 2025

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finom Raises €115 Million to Expand SMB Banking Platform Across Europe

Amsterdam, Netherlands – Finom, a challenger bank targeting small and medium-sized businesses (smbs) in Europe, has secured €115 million in Series C funding, marking a significant milestone for the rapidly growing fintech company. The investment underscores increasing investor confidence in fintech solutions tailored for SMBs [1].

Finom’s Series C Funding Round

The Series C round was led by AVP (formerly AXA Venture Partners), with participation from Headline (formerly e.ventures) through Headline Growth. Existing investors CAPITO CAPITAL, general Catalyst, and Northzone also joined the round [2]. This latest funding brings Finom’s total raised capital to approximately $346 million, positioning it competitively among European fintechs.