Finom
About Company
Founders: Yakov Novikov, Konstantin Stiskin, Danil Mikhailov
Founded: 2019
Finom is an innovative fintech startup that is revolutionizing financial services for small and medium-sized enterprises (SMEs) and freelancers across Europe. Founded in 2019 by Yakov Novikov, Konstantin Stiskin, and Danil Mikhailov, Finom operates in the digital banking and financial management sector.
The company’s core offering is an all-in-one financial platform that combines business banking, invoicing, and expense management tools. Finom’s digital-first approach allows SMEs and freelancers to open business accounts quickly, send and receive payments efficiently, and manage their finances seamlessly, all through a user-friendly mobile app and web interface.
What sets Finom apart is its comprehensive suite of integrated financial tools designed specifically for the needs of small businesses and self-employed professionals. The platform offers features such as multi-currency accounts, instant SEPA transfers, virtual and physical debit cards, automated invoicing, and real-time financial analytics. This holistic approach enables users to manage all aspects of their business finances in one place, saving time and reducing administrative burden.
Finom’s use of advanced technology, including artificial intelligence and machine learning, allows it to offer personalized financial insights and automate many routine financial tasks. The platform can categorize expenses, predict cash flow, and even suggest ways to optimize financial operations based on a business’s specific patterns and needs.
Additionally, Finom has focused on creating a seamless onboarding process, allowing businesses to open accounts and start using the platform’s services within minutes, a stark contrast to the often lengthy and complex processes of traditional banks.
As the demand for digital financial services continues to grow, particularly among SMEs and freelancers who have been traditionally underserved by conventional banks, Finom is well-positioned to capture a significant share of this market. The company’s rapid expansion across European markets demonstrates the strong appeal of its integrated financial platform.
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