FINOM puts German SMEs ahead of the curve with E-Invoicing launch
Specific Time: December 17, 2024
Our client FINOM, the Amsterdam-based fintech powerhouse, has unveiled a timely update to its e-invoicing solution for the German market on December 17, 2024. This strategic launch positions FINOM’s SME clients ahead of Germany’s mandatory e-invoicing regulations set to begin in January 2025. The updated solution stands out for its focus on simplicity and integration. German businesses using FINOM’s platform won’t need to take additional steps to comply with the new regulations, as the system automatically generates compliant e-invoices in all necessary formats.
We’re proud to have helped FINOM establish itself as the first fintech in Germany to offer fully compliant e-invoicing features before the upcoming deadline.
FINOM Launches E-Invoicing Solution for German SMEs Ahead of 2025 Mandate
Amsterdam, Netherlands — December 17, 2024 — FINOM, the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of an update to its e-invoicing solution in Germany. This strategic update comes ahead of Germany’s upcoming e-invoicing regulations, which will require all entrepreneurs to receive electronic invoices starting January 2025, with full mandatory e-invoicing for all businesses by 2028.
FINOM’s primary focus was on seamless integration — customers don’t need to take any additional steps to comply with the new regulations. The platform automatically generates compliant e-invoices in both ZUGFeRD (PDF/A-3) and XRechnung (XML) formats as part of its standard invoicing service.
“With mandatory e-invoicing requirements starting in 2025, German businesses need a simple and reliable way to stay compliant,” said FINOM CEO Andrey Petrov. “Our e-invoicing solution integrates smoothly with our financial management tools, so there’s no need for extra software or complicated setups. It’s all about making compliance easy for our customers. As the first fintech in Germany to launch these fully compliant e-invoicing features, we’re helping our customers get ahead of the new rules before the deadline.”
Key features of FINOM’s e-invoicing include:
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Seamless integration with FINOM’s existing systems and automatic compliance with e-invoicing regulations for all generated invoices
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Support for both ZUGFeRD (PDF/A-3 with embedded XML) and XRechnung formats for B2B/B2C transactions
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XRechnung (XML) generation capability for B2G transactions
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Multiple sending & receiving options including email, messenger, or direct upload/download
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Built-in preview functionality for both formats without the need for specialized software
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Integrated payment and reconciliation features within the existing FINOM platform
FINOM’s e-invoicing solution is available immediately to all German customers as a free feature within the platform’s financial management suite.
About FINOM
FINOM is a digital financial services platform designed for the unique needs of entrepreneurs and SMEs across Europe, and an official Visa card partner. FINOM offers a comprehensive set of financial tools that enable business owners to quickly open an account and efficiently manage their finances. The platform simplifies online financial management, payments, invoicing, and expense tracking. Dedicated to supporting entrepreneurs’ growth and competitiveness, FINOM provides innovative financial solutions and holds an Electronic Money Institution (EMI) license operational across Europe. Headquartered in the Netherlands, the company has a strong presence with offices throughout Europe. To learn more about FINOM, visit https://finom.co
