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Press Release

Finom Expands Credit Lines to All Eligible Customers in the Netherlands

Specific Time: July 22, 8:00 AM (CET)
by Axxilion Team

FINOM co-founders: Andrey Petrov, Yakov Novikov, Oleg Laguta, Kos Stiskin.

Amsterdam, Netherlands — July 22, 2025 – Finom, the European financial services platform for entrepreneurs, today announced the expansion of its on-demand funding program to all eligible customers in the Netherlands. Following a successful pilot launched in March, Finom Growth, a dedicated credit solutions company within Finom group, will now offer credit lines ranging from €2,000 to €50,000 to all qualified Dutch SMEs and entrepreneurs.

The expansion follows Finom’s recent funding milestones, including a €92.3 million growth investment from General Catalyst’s Customer Value Fund and a €115 million Series C round led by AVP, both targeted at customer acquisition and accelerated growth in core markets. The combined funding enables Finom to scale its lending operations while maintaining strong unit economics.

The expansion builds on strong performance during the pilot phase, where Finom demonstrated its proprietary AI-powered credit assessment system’s ability to deliver automated decisions within minutes. The platform combines a wide set of innovative data sources including transactions, behavioral patterns, and digital footprint analysis, to provide fast, data-driven lending decisions. 

«The pilot demonstrated that we can effectively serve Dutch SMEs in a very innovative and efficient way,» said Martin Van Oyen, Finom’s Head of Legal. «We’ve built a lending approach that reaches businesses underserved by traditional lenders. This expansion allows us to provide more Dutch entrepreneurs with access to the working capital and liquidity they need to grow their businesses.»

FINOM’s vision is to build a full-stack financial operating system for entrepreneurs and SMEs. The Company has developed a proprietary core banking system that powers its broad suite of products and services including rapid account setup, online banking, payment processing, invoicing, FX, and expense management. FINOM holds an Electronic Money Institution (EMI) licence secured in the Netherlands and extendable across the European Union.

Key features of Finom’s on-demand funding include:

  • Credit lines from €2,000 to €50,000 with six-month repayment terms
  • Decisions delivered within minutes through proprietary AI-powered credit assessment
  • Flexible repayment options with no penalties for early repayment
  • Simplified application process fully integrated within the Finom platform

To be eligible, a business must be a Finom customer and maintain active transactions on its payments account held at Finom Payments for at least three months.

While SME lending in the Netherlands does not require regulatory approval per se, Finom’s payments company holds an Electronic Money Institution (EMI) license issued by the Dutch Central Bank (DNB). Credit lines, or as Finom calls it, On-Demand Funding, to SME customers are issued through Finom Growth, a separate company  dedicated to credit solutions. 

The Netherlands serves as Finom’s blueprint for its European credit expansion, with plans to launch in additional markets throughout 2025.

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 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