Summary
Finom provides a financial service platform primarily for entrepreneurs and SMEs, offering business bank accounts with IBANs, physical and virtual cards, and invoicing tools. It aims to simplify financial management by allowing users to connect other bank accounts and manage cash flow through sub-accounts. The platform also includes features for team collaboration and accounting integrations.
Features12/15
See allMust Have
4 of 5
Transparent Low Fees
Multi-Currency Account
Borderless Debit Card
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Other
8 of 10
Batch Payments
API Integration
Business Account Features
Invoice Creation
Mobile App
Regulatory Compliance
Multi-User Access
Customer Support
Real-Time Rate Alerts
Spending Analytics
PricingFreemium
See allFor freelancer or self-starter
- All the necessary online financial functions
- Free cards
- Cashback up to 3% for all expenses
- Simple invoicing
For business with employees
- Safe access for employees and accountant
- Reconciliation
- Money collection tools
- Analytic data reports
- Accounting software integrations
If company is under registration
- Credit your account with authorised funds
- Get statements
- Complete registration of your legal entity GmbH i.G, or UG i.G.
Rationale
Finom offers business accounts with features like multi-currency management (through sub-accounts/wallets with their own IBANs), physical and virtual cards, and invoicing. They emphasize fast account opening and international payments (SEPA). While they don't explicitly state 'mid-market exchange rate transfers,' their focus on transparent fees and international payments suggests a competitive approach. They also offer features like multi-user access, accounting integrations, and a mobile app, aligning with several 'other' features.
