fintech startup Finereceived an investment of 50 million euros. B series investment round, Northzone ve General Catalyst Managed by. In the investment tour of the Netherlands-based company Target Global, Cogito Capital, Entrance Capital, FJLabs ve S16vc took place. Finom announced that it will use the new investment for product development, R&D studies and expanding its area of activity abroad.
in 2019 Andrey Petrov, Yakov Novikov, Oleg Laguta ve Piece of Squeeze Founded by Finom, it operates as a “challenger bank” for SMEs and freelancers. The term “challenger bank” is used to describe a bank that competes against or competes with other financial service providers as well as traditional banks. These types of banks are generally known as digital banks, financial technology companies or challenger banks.
Finom basically provides businesses with financial services such as opening online bank accounts, making cross-border transactions, providing physical or virtual debit cards, offering expense management tools and integration with accounting software.
It also offers services such as billing and business registration to help businesses manage their businesses. The most important feature of Finom is that it integrates all these services on a single platform, preventing customers from spending time and money separately for different services.
In short, Finom stands out as a platform that brings together banking and business services to meet the financial needs of SMEs. The company serves 85 thousand people across Germany, France, Italy and the Netherlands.
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