Finom secures €115m to expand financial tools for SMEs

June 23, 2025

Amsterdam-based Finom, a FinTech focused on simplifying financial management for SMBs across Europe, has raised €115m in Series C funding.

The round was led by AVP and Headline Growth, with continued backing from General Catalyst, Northzone, and Cogito Capital. This brings Finom’s total funding to more than €300m, including a recent €92.7m growth investment from General Catalyst’s Customer Value Fund.

Founded in 2020, Finom provides a unified financial platform tailored to the needs of European entrepreneurs. It offers business banking services, AI-powered tools, and lending solutions, all accessible under its Electronic Money Institution (EMI) licence. The company currently serves more than 125,000 customers across the European Economic Area, offering local IBANs in Germany, France, Italy, Spain, and the Netherlands.

With this new funding, Finom plans to accelerate its mission of building a comprehensive “financial home” for European entrepreneurs. The company aims to reach one million business customers by the end of 2026. Key investment areas include the expansion of AI-powered financial intelligence, the development of customised tools for SMBs, strategic acquisitions, and new partnerships to strengthen its European footprint.

Finom has already doubled its revenue in 2024 and maintains healthy unit economics across all its markets. Its team has grown to more than 500 people, reflecting strong momentum and increasing demand for tailored financial tools among SMBs.

“European entrepreneurs are incredibly driven, creative, and resilient. But too often, their financial tools slow them down instead of keeping up with their ideas and ambition,” Finom said. “That’s why we’re building something different at Finom: a financial platform that moves as fast as entrepreneurs do and supports them through every stage of growth.”

The company’s recent €92.7m investment from General Catalyst, alongside the latest Series C funding, pushes Finom’s total capital raised to over €300m, reinforcing its vision of reshaping business finance for Europe’s under-served entrepreneurs.