Finto Analysis
What is Finto?
Finto is an intelligent AI platform designed for automated invoice processing and accounting for mid-sized companies. Its unique approach leverages self-learning AI agents to handle time-consuming tasks such as reading, verifying, coding, and posting incoming invoices in real-time. This automation significantly reduces manual workload, allowing finance teams to focus on strategic activities.
Location
Bad Mergentheim, Germany
Employees
1-10
Founded
2025
Industry
SaaS, FinTech
Funding Category
Pre-Seed
Funding Category 1
Pre-Seed
Latest Funding Amount
$125,000
Total Money Raised
$500,000
Product Features & Capabilities
- Automated invoice data extraction with over 99% accuracy
- Supplier communication for error resolution
- Automatic account coding and cost center assignment
- Compliance checks for tax and fraud
- Integration with leading ERP systems like SAP and Oracle.
Other Considerations
ISO 27001 certified for data security; Supports GDPR compliance for data processing; Developed by a team based in Munich.
