Dutch fintech leader Finom nets €50M to boost digital banking for SMEs

Dutch fintech Finom has raised €50mn, which the startup will use to boost its digital banking services. Founded in 2019, the Amsterdam-based business operates a pan-European neobank for SMEs and entrepreneurs. It integrates online banking, accounting, and financial management into a single platform. Kos Stiskin, co-founder at Finom, said the company was built to simplify banking for small businesses. “Finom was born as a cost-effective and user-friendly digital banking solution for entrepreneurs to foster business growth and development across Europe,” Stiskin wrote on LinkedIn. “We aimed to give them more time to focus and reach their full potential.” In the preceding…

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