Finom secures $105M in expansion funding from General Catalyst

Finom, an Amsterdam-based digital banking platform for small and medium-sized businesses, has secured a $105 million (€92.7 million) growth investment from General Catalyst’s Customer Value Fund. Unlike traditional funding, this capital is non-dilutive – General Catalyst takes no equity and assumes the downside risk, with repayment tied only to the success of new customers acquired […]