Finom: all-in-one business bank account for freelancers

Finom is a fintech founded in 2019 that offers an online business account designed for freelancers, the self-employed and SMEs. What makes it stand out? A free business account (with a French IBAN in its French offer), built-in invoicing tools and cashback on your spending.

• Run your business account for free: a French IBAN in the French offer, real-time transaction tracking and an intuitive interface.
• Create and send invoices: a built-in invoicing tool to generate your invoices directly from the platform.
• Get cashback: up to 3% cashback on your spending, depending on your plan.
• Flexible bank cards: physical and virtual cards included, ideal for managing your business expenses.
• Bring your accounts together: a multi-banking feature to group all your bank accounts in one place.
• Security: in France, funds are protected up to €100,000 by the FGDR (the French guarantee fund) thanks to their EMI license.

These are the prices of Finom's French offer. They may differ in your country. Finom has several plans suited to the needs of freelancers and SMEs:

• Solo (Free): €0/month, French IBAN, invoicing tool, fee-free payments in the eurozone. Ideal for getting started.
• Basic: €17/month (annual), 1% cashback, free SEPA transfers up to €10,000/month, physical and virtual cards.
• Smart: €37/month (annual), 3% cashback, expense management tool, unlimited users, 3 physical + 10 virtual cards per user.
• Pro: €119/month (annual), 0.5% unlimited cashback, advanced accounting integration, free SEPA transfers up to €100,000/month, unlimited virtual cards.

Finom stands out for its complete free plan and all-in-one approach. Compared with solutions like Qonto or Shine:

• A free account that's actually usable: unlike other neobanks, Finom's free plan already includes invoicing and, in France, a French IBAN.
• Attractive cashback: up to 3% cashback on your spending, a rare advantage for business accounts.
• Multi-banking: connect your other bank accounts to keep everything in one place.
• Simple, fast interface: users appreciate how smooth the app is and how quick operations are.

• No instant transfers or SWIFT transfers
• No cash deposits or check cashing

Finom is an excellent option if you're looking for a free business account with solid features from the start. The built-in invoicing tool and the cashback make it a relevant choice for freelancers who want to simplify their financial management without breaking the bank. If you need advanced features like team management or accounting integration, the paid plans remain competitive.