Finom Blog | More than just a business account

5 mins read

Everything You Need to Know About a Bank Statement

A bank statement isn’t just a series of numbers. It tells you a story about what’s happening in your company or with your finances. Learn more about it and the value it brings to financial management.

How to Open a Company in Germany: Step-by-step process

How to Open a Company in Germany: Tips, Info, and More

Do you want to open a company in Germany? It’s possible, even as a foreigner. This text will cover a detailed step-by-step process for starting a company in Germany, including the importance of choosing the right organizational form and collecting the required documents.

6 mins

FINOM: Experience the future of business banking

Experience the future of business banking: FINOM Enhances German Financial Services with Advanced Banking Features

At FINOM, we are committed to delivering the best possible experience to entrepreneurs, empowering them with innovative and reliable financial solutions. To achieve this, we’ve been enhancing our platform to provide an even better financial services experience for our customers in Germany.

2 mins

Finom Lands €50M from General Catalyst and Northzone

Finom Raises €50M in Series B Funding Led by General Catalyst and Northzone

We are excited to announce our recent achievement: a successful Series B financing round worth €50 million in funding. This significant milestone was a collaboration between the top-tier global investment companies General Catalyst and Northzone. As a result, more than €100 million has been raised in total by Finom since the company’s formation.

2 mins

Passkeys (FIDO2/WebAuthn) and Finom’s Security

Passkeys: Powering Finom’s Security Upgrade

Learn about Finom’s integration of FIDO2/WebAuthn for an enhanced user experience and security. Gain an insight into the future of financial safety.

6 mins

Pro Forma Invoice: What It Is and Its Meaning

We tell you what a proforma invoice is, when and why it is needed, what information must be in the proforma invoice, and how it differs from the invoice and purchase order

4 mins

PO vs. Invoice: What Are the Differences Between These Financial Terms?

We describe what invoices and purchase orders are, what they are used for, and set out the differences between them

6 mins

Invoice Number: What Is It and Why Should I Generate One?

We explain what an invoice number is, why it is needed, how many digits it should have, where it should be located, and how to properly create one, alongside examples

4 mins

CVV Code: The Guardian of Your Financial Security

We tell you what CVV code is, where it is located on your bank card, why it is needed, and how to protect yourself from the fraudsters who try to bypass it.

4 mins

What Are the Best Business Name Generators for Naming Your Business?

This article shortlists ten helpful business name generators to help you find the right name for your business

4 mins

Direct Debit: What It Is and What Are the Advantages?

We tell you what direct debit is, explain how it works, how to set it up, and look into what the advantages businesses are. We also look at what SEPA Direct Debit is

4 mins

Invoice vs. Receipt: The Basic Differences

What’s the main difference between a receipt and an invoice? We’ll clearly define in which cases a business needs an invoice and in which receipts are needed.

2 mins

Best Business Ideas for Small Towns: 18 Niches to Choose From

Discover the best business ideas for a small town. Get tips and strategies to determine which business is just right for you.

6 mins

What Is a Startup Business: Meaning, Types, and Funding

Startups are new companies founded to develop a new class of products or services. Usually they are

4 mins

8 Best Accounting Software Solutions for Small Businesses in 2023

Discover the top 8 accounting software solutions for small business owners, from cost-effective and feature-rich platforms to those with integrated payroll and billing capabilities

7 mins

EU Grants for Small Businesses - Is It Possible To Get Them?

Are you lost amid dozens of grants offers and thousands of papers to fill out? Don’t panic. Learn how to handle EU grants for small businesses.

4 mins

Insurance for Small Business Owners: Essentials and Guidelines

Learn about all the types of insurance for small business owners. We’ll show you the key steps to acquiring insurance for your business.

3 mins

Social Media for Small Businesses - A Quick Guide

Enlarge your audience, develop brand loyalty and brand awareness, and increase sales with a social media presence. Don’t know how? Read on.

3 mins

Travel Expenses - What They Are and How to Manage Them

The thought of monitoring employees' travel expenses makes you sick? Believe us; it is not as hard and tiring as you think! Finom services are here to help!

2 mins

Invoice email — why it makes your work easier

Invoice Email - How to Run Your Business More Easily

Get paid on time for your product or service with the Finom invoice program. Save time with invoice templates and use a financial management program.

2 mins

Virtual Cards: Ultimate Guide for Appropriate Use

If you wish to go cashless, read our virtual card guide and learn how to use your smartphone to make quick and efficient payments.

3 mins

How to Write an Invoice Properly: Basic Rules You Need to Know

Most business owners have to spend hours issuing invoices. Learn more about how to simplify and optimize the invoicing process.

4 mins

The best CRMs for small businesses — Finom

The Best CRMs for Small Businesses: How to Find Your Perfect Software

CRM systems help organize a company’s internal work and data collection for a better customer experience. Let’s find out how to find the perfect CRM software.

5 mins

Accounting for a Small Business: All You Need to Know As a Business Owner

Accounting for a small business on your mind? This guide provides expert practical tips on accounting for a small business. Learn how to keep records, use software, track inventory, and more.

4 mins

What Is An Invoice? A Comprehensive Guide

In business relations, every detail matters. What is invoicing today, and why does it matter? Let’s find out.

7 mins

Small Business Startups: Hunt Down the Most Efficient Startup Ideas

Finding a perfect startup idea is almost an impossible mission. Launch your successful business by choosing a working solution from our list.

6 mins

Finom Brings Apple Pay to Customers in Germany

A safer, more secure and private way to pay with iPhone and Apple Watch. Hamburg — 17 August 2021 — Finom, the quickly growing European B2B financial platform that combines banking, invoicing, and accounting, today brings its customers Apple Pay, a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction.

1 mins

How to Start Up a Business: A Quick Guide to Success

Setting up your own business is a complicated process. Here are some tips to make your startup journey less exhausting.

7 mins

Let's see what new things we have for you

It’s been more than 3 months since we sent you the last Finom Digest. During this time, we delivered many new features and fixed an enormous amount of things to be one of the most secure and stable financial services on the market.

2 mins

Small Business Success in the New Normal

SME-Economy in times of coronavirus: Adaptability is the New Normal

Flexibility and the ability to change business processes fast is the key to small business’s success in this “new normal” world.

2 mins