Finom
Business account with cashback and e-invoicing for European freelancers and SMEs
By Finom · HQ Amsterdam, Netherlands · 3.5/5 verified-buyer score
Positioning guardrails
Best for
- Freelancers, self-employed and solo founders in Germany, France, Italy and the Netherlands who need a local IBAN and simple invoicing
- Small teams that want expenses, cards, multi-banking and accounting integrations in one app
- Companies under registration (GmbH i.G. / UG i.G.) that need to credit authorised funds and get statements before trading
- Businesses wanting up to 3% cashback on spend and fast online tax filing through DATEV and Sorted
Ideal size: 1-50 people · Freelancers, self-employed and small EU-based companies
Not for
- US-based companies or any company with US taxpayer ownership (FATCA restriction)
- Businesses that need SWIFT international wires today, since only SEPA transfers are offered
- Companies based outside the supported EU markets, or whose legal representative lacks residence in France or Germany
- Large enterprises needing multi-entity treasury, high payment volumes or deep ERP customisation
Value metrics scorecard
Time-to-Value
Account opens in minutes, local IBAN in 24 hours
~1 days to first production value
Total Cost of Ownership
$0/yr
Starts at $0 · Plan-based subscription; the vendor documents a 0 EUR tariff plan, while higher tiers are not priced in the available sources, so annual USD figures are not stated.
Implementation Friction
1/5
Engineering + admin effort required
Buyer Score
out of 5 · verified buyers
Full cost breakdown
Mandatory implementation fee
None
Seat tiers
Not listed
Add-on costs
- None
Company & support
Who is behind Finom, and how your team gets help once it is live.
Company
- Founded
- 2019 · 7 yrs in business
- Headquarters
- Amsterdam, Netherlands
How you get support
We haven’t recorded support channels for Finom yet. Nothing here means unverified — not absent.
Market position
Where Finom sits against its closest alternatives. Pick any two of cost, speed, friction and buyer score, and up to 9 companies to compare.
Quadrant view
Typical annual cost × Time-to-value
The lines cross at the median of the solutions shown, so about half sit on each side of each line.
Companies on the chart 6 / 10
- Finom
- Hubdoc
- Groups360
- PayFit
- Jetpack Workflow
- EvenUp
Add or change companies
Up to 10 companies including Finom. Listed closest first.
Stack fit signal
Compatibility with standard B2B ecosystems.
No supported MCP path today, so it cannot be driven from an AI client.
AI & MCP readiness
What Finom ships in AI, and what it asks of your ecosystem.
Compliance attestations
* IAPP AIGP certifies individuals, not products. It means named staff hold the credential — not that the platform does.
Bottom line
Finom is an Amsterdam-based fintech providing business accounts, cards, invoicing, expense management and accounting integrations to freelancers and SMEs, primarily in Germany, France, Italy and the Netherlands. Accounts open in minutes with a local IBAN in 24 hours, up to 3% cashback and a 0 EUR tariff plan. Client funds are held via partners Solaris (BaFin-regulated) and Treezor (ACPR), with deposit protection up to 100,000 EUR. Payments are SEPA-only today and US-owned companies cannot be onboarded.
Frequently asked questions
How much does Finom cost?
The vendor documents a 0 EUR tariff plan that includes the main online financial functions, free cards and simple invoicing, with cashback up to 3%. Paid tiers for businesses with employees exist but are not priced in the sources we hold, so annual USD costs cannot be confirmed without a quote.
Which countries can open a Finom business account?
Finom currently onboards companies based in and doing business in France or Germany, with services also offered in Italy and the Netherlands. The legal representative and beneficial owners must hold a valid residence permit in one of those markets. US companies and companies with US taxpayer ownership cannot be onboarded under FATCA.
Is our money safe with Finom?
Finom is not itself a bank; it works with Solaris in Germany and Italy and Treezor in France, which are regulated by BaFin and the ACPR. Client funds are protected by deposit insurance up to 100,000 EUR, subject to the applicable local rules and legislation.
How quickly can we get to production?
Opening a business account takes only a few minutes once you have your ID, company details and registry documents, and a German IBAN is issued within 24 hours. This makes Finom one of the lowest-friction financial tools to adopt, with no implementation fee documented.
Can Finom send international payments?
Finom supports SEPA transactions today. SWIFT payments are not currently offered but the vendor states they will be supported in the future. Teams with heavy non-EU wire requirements should treat that as a limitation for now.
What integrations does Finom offer for accounting?
Finom integrates with accounting and tax software including DATEV and Sorted so tax returns can be created and submitted online from within the product, and it advertises accounting software integrations plus multibanking for businesses with employees.