Work Here?
Overview
Finto provides an AI-powered platform that automates the entire invoice-to-pay workflow for mid-market and large enterprises. It integrates with ERP systems like SAP, Oracle NetSuite, and DATEV, handling high-volume vendor invoices and automating up to 80% of manual accounting tasks. AI agents classify documents, extract invoice data with over 99% accuracy, run compliance checks, perform three-way matching, code accounts, and route approvals to post the ERP journal entry. The service is hosted on GDPR-compliant, ISO 27001/27018 certified infrastructure in Central Europe, and the go-to-market uses a services-based model with customized quotes, backed by YC seed funding and a team experienced in P2P automation.
About Finto
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
1-10
Company Stage
Seed
Total Funding
$3.5M
Headquarters
Munich, Germany
Founded
2025
Get referred to Finto
See people who can refer or advise you
Simplify's Take
What believers are saying
- Finto raised $3.4M in July 2026 from YC, Gradient, and Lightspeed.
- Arminia Bielefeld said Finto made accounts payable largely automated by July 2026.
- Eat Happy is expanding Finto across entities in 2026, proving multi-subsidiary demand.
What critics are saying
- SAP Ariba's 2026 AI invoicing and Joule directly attack Finto's core workflow.
- Vic.ai's March 2026 autonomy release raises enterprise expectations for AP automation depth.
- Finto's two named customers, Arminia Bielefeld and Eat Happy, signal fragile early traction.
What makes Finto unique
- Finto natively posts invoices into DATEV, SAP, and Business Central, not CSVs.
- Jonas Morgner, Lorenz Neuner, and Linus Boehm brought TradeLink and Tacto workflow expertise.
- Munich base gives Finto proximity to SAP, TUM talent, and European finance buyers.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$3.5M
Below
Industry Average
Funded Over
2 Rounds
Lightspeed Venture Partners
Y CombinatorIndustry standards
Benefits
Paid Vacation
Company News
German startup Finto has raised $3.4 million in seed funding from Y Combinator, Gradient, and Lightspeed after completing YC's San Francisco programme. The company, which builds AI agents for accounting tasks, has chosen to base itself in Munich rather than Silicon Valley. Finto's software autonomously handles invoice verification, account coding, and purchase-order matching, integrating with SAP, Microsoft Dynamics, and DATEV. The startup counts German football club Arminia Bielefeld and Cologne-based Eat Happy Group among its customers. Co-founder and chief executive officer Jonas Morgner said Munich offers access to talent through Technical University of Munich, proximity to European customers, and closeness to enterprise software companies like SAP. Before founding Finto in 2025, the executive team held leadership roles at Tacto and TradeLink, which raised over $75 million from Sequoia, Index Ventures, and Insight Partners.
Finto is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Finto
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
1-10
Company Stage
Seed
Total Funding
$3.5M
Headquarters
Munich, Germany
Founded
2025
Finto is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today