Finom
Business banking with built-in invoicing
About
European business account for freelancers, SMEs and startups: multi-currency accounts, cards, invoicing and accounting integrations, with fast online onboarding.
Pros
- - Fast digital onboarding with IBAN and card issued quickly
- - All-in-one platform combining business banking, invoicing, expense management and accounting integrations
- - Multibanking feature to link external bank accounts into one dashboard
- - Cashback on card payments, up to 3% depending on plan
- - Responsive customer support praised in many user reviews
Cons
- - Not a licensed bank: funds are safeguarded via partner institutions rather than covered by the statutory EU Deposit Guarantee Scheme up to 100.000 €
- - Higher-tier plans (Pro, Grow) become significantly more expensive as needs grow
- - Only available to businesses registered in a limited set of EU countries (Germany, France, Italy, Netherlands, Belgium, Spain)
What it solves
Finom helps freelancers, SMEs and startups combine business banking, invoicing and expense management into a single platform, reducing time spent switching between separate banking and accounting tools.
When not to use it
Avoid Finom if your business needs traditional deposit-guaranteed banking, handles a lot of cash transactions, or operates outside the supported EU countries.
