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← Embedded Finance Index 2026

Finom

“Can a BaaS-powered European SMB neobank become the full financial OS for entrepreneurs by layering AI accounting, FX, and direct lending on top of a banking infrastructure it does not own?”

Founded2019
HQAmsterdam, Netherlands
Total raised~€357m+
Latest roundSeries C, June 2025
IndustryFintech / SMB banking
The story

Founded in 2019 as a digital business account for European freelancers and SMEs, Finom initially leaned on Solarisbank for banking infrastructure and BNP Paribas for fund safeguarding, enabling rapid expansion across five European markets without a banking license. From 2023 onward, Finom layered in invoicing, multi-currency FX, and AI-powered accounting to broaden its value proposition beyond simple account access. In 2025, the company made its most significant strategic move yet: launching direct SME lending in the Netherlands via a dedicated credit subsidiary (Finom Growth), signalling intent to become a full-stack financial OS for European entrepreneurs rather than just a neobank wrapper.

Last 12 months
2025-05
2025-06
2025-03
2025-Q1
2025-Q1
Product timeline
2019
Finom founded in Amsterdam as PNL Fintech BV, targeting European SMEs and freelancers with a digital business account.· banking
2021
Launched in Germany with BNP Paribas as funds safeguarding partner; partnered with Solarisbank for card issuing and banking infrastructure for Italy expansion.· banking
2022
Salt Edge PSD2 / Berlin Group API integration went live, enabling open banking TPP access to Finom accounts.· banking
2024
Closed €50m Series B; doubled revenue year-on-year; expanded across Germany, France, Italy, Spain, and the Netherlands with 125k+ customers.· banking
2025
Launched AI Accountant feature for German customers, embedding AI-driven accounting into the platform.· pivot
2025
Issued first credit line in the Netherlands through Finom Growth, entering direct SME lending for the first time.· lending
2025
Raised €92.3m growth investment from General Catalyst CVF followed by €115m Series C led by AVP; began exploring M&A for European expansion.· ipo
Regulated entities
2
regulatory licences held by Finom
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
8 layers disclosed in Finom’s embedded-finance stack
Payments / PSP
Finom Payments (self-operated)
Banking / BaaS
in the full report
Card issuing
in the full report
Lending
in the full report
Open banking
in the full report
Accounting
in the full report
Treasury
in the full report
Fraud
in the full report
Accounting gap: minor
8 more providers across 7 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Finom — frequently asked

What bank does Finom use?

Finom discloses Solarisbank as its banking provider, according to the Embedded Finance Index 2026.

Is Finom a bank?

Finom does not disclose a bank charter of its own; its banking services are provided through Solarisbank.

Who is Finom's payment processor?

Finom processes payments through Finom Payments (self-operated).

Who issues Finom's cards?

Finom's cards are issued through Solarisbank.

Which open banking provider does Finom use?

Finom connects to bank accounts through Salt Edge.

What fraud prevention does Finom use?

Finom uses Taktile for fraud prevention.

Which accounting software does Finom integrate with?

Finom integrates with QuickBooks Online.

What is Finom's embedded finance stack?

The Embedded Finance Index 2026 maps 8 layers in Finom's stack: Payments / PSP (Finom Payments (self-operated)); Banking / BaaS (Solarisbank); Card issuing (Solarisbank); Lending (Revolving credit line €2,000–€50,000 (Finom Growth)); Open banking (Salt Edge); Accounting (QuickBooks Online); Treasury (BNP Paribas and Finom Interest Wallet (5% p.a.)); Fraud (Taktile).

Where is Finom headquartered?

Finom is founded in 2019 and headquartered in Amsterdam, Netherlands.

How much funding has Finom raised?

Finom has raised ~€357m+ in total (latest round: Series C, June 2025).

Benchmark your own stack

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