Finom
“Can a European EMI-licensed SMB fintech become the full financial OS for entrepreneurs by combining business accounts, invoicing, credit, and yield — without a bank charter?”
Founded in 2019 as a fast e-invoicing tool for European freelancers and SMBs, Finom quickly expanded into a full business account platform operating under its own EMI license (Finom Payments B.V.). Over 2022–2023 the company scaled across 10+ EU markets, layering on multibanking aggregation, international FX payments, and deep accounting integrations (50+ tools). In 2024, following a combined ~€207M in fresh capital, Finom entered direct lending with a proprietary AI credit-scoring engine, marking its transition from a payments-and-invoicing fintech to a comprehensive financial OS for European entrepreneurs and SMBs.