Finom, the digital financial services platform for European SMEs, today announced the launch of Finom Prime, a subscription-based business card for European SMEs. The new card addresses a specific market gap: businesses that have outgrown basic card offerings but find existing premium cards overpriced.
As micro-organizations notably exhibit greater resilience and growth compared to other enterprises, according to the European Commission, mid-tier solutions that provide functional benefits without status-driven pricing become increasingly relevant. Finom Prime addresses a practical challenge for growing freelancers, micro-organisations and SMEs: managing multiple business cards to optimize transaction benefits. The card consolidates payment needs into a single solution, allowing savings of up to €20,000 annually compared to managing multiple card products.
"Small and medium-sized businesses working with international suppliers or paying for significant SaaS subscriptions lose money on FX fees and capped rewards, and every euro of those losses is a euro that could fuel growth," said Kristjan Kaar, CPO at Finom. "Entrepreneurs shouldn't have to think about payment optimization - they should think about building their business. Prime removes this friction so founders can focus on what they set out to do."
Finom Prime includes:
• 1% cashback on all card payments, with a monthly cap of €1,000 per company
• Zero foreign exchange fees on non-EUR transactions up to €20,000 per month
• Two complimentary business lounge visits per quarter
• Monthly eSIM data package (1GB)
• Free express card delivery
Finom Prime is launching initially in Germany and Italy, with additional European markets to follow. The subscription model charges €9.99 monthly per card, with pricing prorated based on activation date within the billing period.
This launch follows Finom's recent expansion of services across Europe, including the introduction of AI Accounting in Germany, credit lines for SMEs in the Netherlands, as well as direct tax payment features for Italian users. The company continues to strengthen its position as a European fintech leader, serving over 200,000 business customers across Germany, France, Spain, the Netherlands, and Italy.