Venture Capital
The Dutch banking provider Finom has raised €50 million in a Series B funding round co-led by an existing investor General Catalyst and a new investor Northzone. This latest funding brings Finom's total funding to over €100 million since its establishment in 2019.Finom Raises €50 MillionFinom offers small and medium enterprises (SMEs) banking services, including accounts, cards, payments, invoicing, and foreign exchange. Despite the current challenging economic climate, the funding round was successfully secured. Finom's Co-Founder, Kos Stiskin, stated: "It was quite easy to attract" investors due to the company's strong metrics and market opportunity in the SME banking sector.

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