Finom Launches Prime to Bring Premium Business Cards to Europe’s SMEs
Hey Digital Banking Fanatic!
Finom is expanding its European FinTech footprint with Finom Prime.
This is a new subscription-based business card designed for SMEs that have outgrown basic offerings but find traditional premium cards misaligned with their needs.
The product targets freelancers, micro-organisations, and growing SMEs that often juggle multiple cards to optimize transactions. Prime consolidates these use cases into one solution and can help businesses save up to €20,000 annually.
The package includes 1 percent cashback with a monthly cap, zero FX fees on non-EUR spend up to €20,000 per month, lounge access, an eSIM data package, and express delivery.
Finom has been steadily expanding its suite across Europe, adding AI Accounting in Germany, SME credit lines in the Netherlands, and integrated tax-payment features in Italy.
And earlier this year, the company raised $105 million from General Catalyst to accelerate SMB banking growth across Europe.
Stay tuned. I’ll be back in your inbox tomorrow with more movements shaping Digital Banking.
Cheers,
Want your message in front of 275.000+ FinTech fanatics, founders, investors, and operators?

NEWS
🌍 Finom launches premium business cards for SMEs across Europe. The card consolidates payment needs into a single solution, allowing savings of up to €20,000 annually compared to managing multiple card products. Finom Prime is launching initially in Germany and Italy, with additional European markets to follow.
🇦🇪 Wio Bank launches Wio Family. Wio Family offers shared banking, built in response to a growing need among households for a more collaborative, transparent, and intuitive way to manage money. The new experience brings every household member into one connected financial space, helping them make better decisions, reach shared goals, and build healthier financial habits.
🇺🇸 Digital-first VALT bank seeks de novo charter in Idaho. VALT Bank's founders aim to build a digital business banking platform focused on lending, deposits, cash management, and advisory tools. Keep reading
🇺🇸 AI-First Nubank is seeking a U.S. charter, and domestic players should be worried. Its application indicates plans to begin with checking accounts, credit cards, unsecured personal loans, and digital-asset custody. Already serving 60% of Brazil’s adults and expanding rapidly among teens.
🇨🇴 Colombia's financial superintendency approves the integration of Scotiabank and Davivienda. With the integration of Scotiabank's business, Davivienda's total assets are projected to reach approximately US$60 billion, representing growth of nearly 40%. Regionally, assets are expected to increase by around 30% in Colombia, 9% in Costa Rica, and 180% in Panama.
🇬🇧 Revolut notches $75 billion valuation in latest share sale. The company is crafting plans to enter 30 new markets across almost every major geography and plans to undergo the costly process of securing regulatory authorisations in each one. CEO Nik Storonsky is also laser-focused on ensuring a full banking license in Revolut’s home country of the UK.
🇪🇸 Abanca and Revolut are considering buying Singular Bank to boost their private banking business. Warburg Pincus has launched the sale of Singular Bank, valued at about €100 million. Abanca sees the deal as a way to draw Latin American wealth, while Revolut views it as a quick entry into private banking, though it has not set a timeline.
🇮🇳 Veefin Solutions appoints global banking technology leader Niraj Vedwa as Senior Advisor. Mr Vedwa brings over 40 years of experience in banking technology, digital strategy, and global enterprise transformation. Recognised as a FinTech Guru and a leading voice in modernising banking across continents.
🌏 TransBnk and DigiAlly team up to speed SME lending across Asia. The unified solution is designed to support banks, NBFCs, corporates, and FinTechs in delivering fully digital, compliant, and scalable financial services, particularly in SME lending, a sector where manual documentation, legacy onboarding processes, and limited risk visibility continue to hinder credit access.
🇧🇷 PicPay blames Apple for the lack of contactless Pix payment on the iPhone. According to the FinTech company, Apple holds significant economic power in relevant markets, allowing it to impose onerous obligations on card issuers and digital wallets. This would prevent the offering of Pix via contactless payment, unlike what happens on Android.
🇺🇸 Cross River launches stablecoin payments with infrastructure to power the future of on-chain finance. Integrated directly with Cross River’s real-time core, the offering unifies fiat and stablecoin flows through a single, interoperable system, enabling companies to move value across chains and traditional rails, leveraging bank-grade compliance.
🇧🇷 Proposed Tax Increase on FinTechs. The proposed legislation would raise the corporate tax rate for FinTech companies in Brazil from 9% to 15%, an increase of about 66%. Experts warn that FinTechs are likely to pass the cost on to consumers through new fees, higher pricing, or reduced benefits.
Want your message in front of 100.000+ Digital Banking fanatics, founders, investors, and operators?
Shoot me a message on LinkedIn or send me an e-mail.
