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Talenom

Can a tech-enabled accounting firm become the full financial operating system — banking, payments, lending, payroll — for Nordic and Southern European SMEs?

Founded1972
HQOulu, Finland
IndustryVertical SaaS / Accounting
The story

Founded in 1972 as a traditional Finnish accounting firm, Talenom has steadily evolved into a technology-led accounting platform targeting SMEs. Over the past decade the company digitised its core bookkeeping and payroll workflows and began embedding adjacent financial products — invoice financing, corporate loans, and eventually a branded bank account (Talenom Account via Alisa Bank) — directly into its accounting software. The strategic bet is that becoming the single financial OS for Finnish and Nordic SMEs will deepen switching costs and expand revenue per customer well beyond subscription accounting fees.

Last 12 months
2023-06
Product timeline
1972
Founded as a traditional accounting firm in Finland.· pivot
2020
Launched Talenom Online platform with embedded financing services (invoice financing, instalment financing, corporate loans) for SME customers.· lending
2021
PPS (an Edenred company, formerly PrePay Solutions) partnered with Talenom to embed financial services — including card and banking — into Talenom's SME solution 'Accounting Alex'.· banking
2022
Talenom signed a banking-as-a-service cooperation agreement with Alisa Bank to offer banking and financing services through Talenom's platform.· banking
2023
Talenom Account (issued by Alisa Bank) launched for customers, accessible directly within Talenom's mobile and browser applications.· banking
2023
Annual net sales reached €121.7M (+19.2% YoY); 1,560 employees across Finland, Sweden, Spain and Italy.· pivot
Regulated entities
Listed company (Nasdaq Helsinki)
Finland
Talenom Plc
The stack
Banking / BaaS
Alisa Bank (sponsor bank / BaaS partner)
Card issuing
PPS (PrePay Solutions / Edenred)
Lending
Invoice Financing Service (sales invoice financing via Talenom Online)Instalment Financing ServiceCorporate Loan Service
Sponsor bank
Alisa Bank
Accounting gap: none