Is Finom available for business in Austria?

Does Finom serve business customers in Austria?

Partly. Finom is a European fintech, not a bank, operated by Finom Payments BV, an electronic money institution licensed by De Nederlandsche Bank and able to passport across the EEA. It offers a business account with a European IBAN, Visa cards, cashback, invoicing and bookkeeping. Finom runs an Austria specific site at finom.co/en-at and states that its freelancer and customized corporate tariffs can be picked by entrepreneurs from any EEA country, while standard company accounts are opened for companies based in and operating from Germany, France, Italy, the Netherlands, Belgium and Spain. Austria is in the EEA, so a freelancer or self employed person based in Austria can open, while an Austrian registered company should confirm whether the custom corporate route applies to it. As of 24 October 2025.

Eligibility for businesses in Austria

To open, the legal representative and beneficial owners must hold a valid residence permit in an EEA country, irrespective of the country that issued their passport or ID, and Finom also accepts US residents and citizens establishing businesses in the EU. For the standard company account, the company must be based in one of the six listed countries. For freelancers and the customized corporate tariff, EEA based entrepreneurs including those in Austria can apply. Identity documents and business details are required during the in app onboarding. Verify with the provider

What it costs locally

Finom advertises a free Solo plan at EUR 0 per month, with paid SME plans. On its Austria site it shows Pro at EUR 119 per month and Grow at EUR 249 per month when paid yearly, excluding VAT, with one month free trials on higher tariffs. Outgoing international payments carry a percentage fee of around 0.15 to 0.20 percent depending on plan, and currency exchange is offered at interbank plus a margin. Confirm the plan and fees that apply to your business. As of 24 October 2025

What local users report

Finom reports more than 200,000 customers across Europe and carries a high Trustpilot rating, with users praising fast onboarding and the combined account, invoicing and cashback. Some reviews note that headline promotional interest rates did not always apply to every new customer, so read the terms before relying on a promotional offer. Austrian freelancers value the European IBAN and quick setup, while Austrian registered companies should confirm whether they can onboard under the company or custom corporate route. As of 24 October 2025.