Amsterdam-based FINOM has secured €115 million in a Series C funding round led by AVP. This investment, which brings the company's total funding to over €300 million, aims to accelerate growth and solidify FINOM's position as a leading financial partner for SMEs in Europe. The funding will enable expansion across various countries, eventually targeting one million customers by 2026. Warda Shaheen of AVP expressed confidence in FINOM's leadership and strategy, while chairman Kos Stiskin emphasized the goal of empowering entrepreneurs in Europe.
"This funding represents a validation of our vision to create a truly empowering European business environment where entrepreneurs can thrive regardless of their size," says Kos Stiskin, chairman and co-founder of Finom.
"We've been thoroughly impressed by Finom's seasoned leadership and their effective execution of a multi-product, multi-geography strategy, underpinned by a highly robust and well-architected infrastructure," comments Warda Shaheen.
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