Amsterdam based challenger bank for businesses raised a €6.5m Seed funding round led by Target Global.
Konstantin Stiskin, co-founder of Finom, told Techcrunch: “The EU SME banking market size is more than €100bn. But according to McKinsey research, European entrepreneurs spend 74% of their time on non-core activities and pay for expensive and inconvenient products. Our goal is to enable small businesses in Europe to become more efficient and to thrive.”