Finom Expands Credit Lines to All Eligible Customers in the Netherlands

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 the 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."

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 payments transactions (including payments, debits, transfers and withdrawals) on its Finom account for at least three months.  Credit lines, or as Finom calls it, On-Demand Funding, to SME customers are issued through Finom Growth, a separate legal entity within Finom group dedicated to credit solutions. While SME lending in the Netherlands does not require regulatory approval per se, Finom’s dedicated payments company Finom Payments B.V. holds an Electronic Money Institution (EMI) license issued by the Dutch Central Bank (DNB).  With the Finom On-Demand Funding Netherlands rollout, Finom is expanding its data-driven lending model to help more small businesses and entrepreneurs in the Netherlands.