Finom
Builders in Fintech has recorded 3 equity rounds for Finom, most recently a series c round of 115,000,000 EUR on 23 June 2025.
Challenger bank
Added ·
Funding history
115,000,000 EUR
AVPLead, Cogito Capital, General Catalyst, Headline, Northzone
Added · · Weekly update #87
105,000,000 USD
General CatalystLead
Added · · Weekly update #80
50,000,000 EUR
General CatalystLead, NorthzoneLead, Cogito Capital, Entrée Capital, FJ Labs, Target Global
Added · · Weekly update #16
Investors
Mentioned on the podcast
Finom was founded in 2019 with partners who had led Sberbank's SME division and launched Modulbank, a top-three digital SME bank in Russia.
Finom has four founders; one acts as operational CEO while Kostantin focuses on strategy, and they reshape roles roughly every year to year and a half.
Finom runs a matrix structure of functions and cross-functional domains and works on fewer things in parallel than peers, focusing on quality.
Finom's latest capital raise began in October 2023, term sheets were signed in November and the deal closed on 22 December.
Internal AI agents at Finom do the work of about 40 people, and it offers AI-driven accounting.
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