ApideckTape
← Embedded Finance Index 2026

Neno

“Can an AI-native platform bundle Dutch incorporation, banking, bookkeeping and tax into one back office and replace the traditional SME accountant?”

Founded2025
HQAmsterdam, Netherlands
Total raised€6.6M
Latest roundSeed, 2026
IndustryVertical SaaS / Accounting
The story

Neno launched in 2025 in Amsterdam as an AI-native back office bundling Dutch BV incorporation, business banking (Swan-powered EUR accounts + Mastercard cards), invoicing, bookkeeping and tax into a single subscription. The pitch is a full-stack replacement for the traditional Dutch accountant + separate business bank + separate invoicing stack. Backed by €6.6M seed from AlleyCorp, Motive Partners and Firstminute Capital in 2026, with angels from Mollie, Adyen, Deel, PayPal, Coinbase, Juni and Hugging Face.

Last 12 months
2026-08
Product timeline
2025
Neno founded in Amsterdam as an AI-native back-office platform for Dutch entrepreneurs (BV incorporation, business banking, bookkeeping, tax, payroll).· pivot
2026
Raised €6.6M seed round led by AlleyCorp with Motive Partners and Firstminute Capital.· funding
2026
Launched embedded business accounts and Mastercard corporate cards via Swan.· banking
The stack
8 layers disclosed in Neno’s embedded-finance stack
Payments / PSP
SwanAdyenmollie
Money movement
in the full report
Banking / BaaS
in the full report
Card issuing
in the full report
Card network
in the full report
Open banking
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: none
7 more providers across 7 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Neno — frequently asked

What bank does Neno use?

Neno discloses Swan as its banking provider, according to the Embedded Finance Index 2026.

Is Neno a bank?

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

Who is Neno's payment processor?

Neno processes payments through Swan, Adyen and mollie. Disclosed money-movement rails: SEPA.

Who issues Neno's cards?

Neno's cards are issued through Swan on the Mastercard network.

Which open banking provider does Neno use?

Neno connects to bank accounts through Plaid.

Who handles Neno's FX and cross-border payouts?

Neno uses Swan for FX and cross-border payouts.

Which crypto provider does Neno use?

Neno's crypto products run on bastion.

What is Neno's embedded finance stack?

The Embedded Finance Index 2026 maps 8 layers in Neno's stack: Payments / PSP (Swan, Adyen and mollie); Money movement (SEPA); Banking / BaaS (Swan); Card issuing (Swan); Card network (Mastercard); Open banking (Plaid); FX & payouts (Swan); Crypto (bastion).

Where is Neno headquartered?

Neno is founded in 2025 and headquartered in Amsterdam, Netherlands.

How much funding has Neno raised?

Neno has raised €6.6M in total (latest round: Seed, 2026).

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Neno and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to Neno and the other companies in its category.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.