finway logo — The automated Purchase-to-Pay-Process for SMEs. Take control...

finway

The automated Purchase-to-Pay-Process for SMEs. Take control of every cent you spend.

Founded 2019 Germany Munchen, Germany 51 employees Series A Total: $13.00M Financial Services, Fintech

General Information

Company Name finway
Founded Year 2019
Location Germany Munchen, Germany +2
Employees 51
Industries Financial Services, Fintech
Funding Stage Series A
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About finway

finway, founded in 2019 and headquartered in Germany, is carving out a niche in the Financial Services and Fintech industries with its innovative approach to budget management. Their tagline, "Der automatisierte Einkaufs- und Zahlungsprozess für KMU. Weil jeder Euro zählt," underscores their commitment to transforming financial operations for small and medium enterprises.

The company streamlines the entire Purchase-to-Pay process, allowing businesses to manage budgets and expenditures within a centralized, digital ecosystem. By automating document processing with AI technology, finway aims to reduce unnecessary expenses and decrease the burden on financial teams, delivering quick returns on minimal investments.

In February 2023, finway secured a $10.00M Series A investment from notable investors including Force Over Mass, b2venture, Capital 49, Paul Forster, and 10x, which positions the company well for future growth and expansion.

Taxonomy: Purchase-to-Pay, Financial Automation, Digital Financial Processes, Budget Management, Expense Tracking, SMB Solutions, AI Document Processing, Cost Reduction, Real-Time Financial Insights, Accounts Payable Automation, Invoice Management, Revisionssichere Dokumentation, Buchhaltungsentlastung, Fintech Solutions

Services & Products

Kreditorenprozesse Automatisierung
Bestellungen und Lieferungen Management
Rechnungsverarbeitung
Vorbereitende Buchhaltung
Zahlungen und Firmenkarten
Reisekostenabrechnung
Spesen- und Auslagenerstattung
Budgetkontrolle und Berichte

Target Customers

Mittelständische Unternehmen Produzierendes Gewerbe Handel & E-Commerce Agentur & Beratung Softwareunternehmen

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 5
Investor Investor Investor
•••• ••••
01 Feb 2023
Early VC •••••• 1
Investor
01 Mar 2021

finway Alternatives & Competitors

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FAQ About finway

The automated Purchase-to-Pay-Process for SMEs. Take control of every cent you spend.
finway was founded in 2019.
finway is headquartered in Munchen, Germany.
finway operates in the following industries: Financial Services, Fintech.
finway has approximately 51 employees.
finway has completed 2 funding rounds, raising a total of $13.00M. The latest funding stage is Series A.
finway offers: Kreditorenprozesse Automatisierung, Bestellungen und Lieferungen Management, Rechnungsverarbeitung, Vorbereitende Buchhaltung, Zahlungen und Firmenkarten, Reisekostenabrechnung, Spesen- und Auslagenerstattung, Budgetkontrolle und Berichte, ERP und Warenwirtschaft Integration.
Top alternatives and competitors to finway include Cledara, Workamajig, SmartOrg.no, Tribboo, Pleo. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
finway and Cledara are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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