Finto
YC S25Munich, DE · Founded 2025 · 10 employees · Hiring · 2 known investors
Finto is an AI platform that automates invoice processing for enterprises, handling data extraction, validation, approvals, and ERP integration with full auditability. It is built for enterprise finance teams and emphasizes GDPR compliance and data privacy without LLM training on customer data.
Founders & leadership· Y Combinator alumni (S25)
Finto was founded in 2025 by Jonas Morgner, Linus Boehm, and Lorenz Neuner.
JM
Jonas Morgnerin𝕏Co-Founder & CEOHe previously led business development at TradeLink, a supply chain management platform, where he joined as the first employee.
LB
Linus BoehminCo-Founder & CTOHe previously served as engineering lead at Tacto, an enterprise procurement platform that raised a Series A from Sequoia and Index, where he was the first full-time employee.
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Lorenz NeunerinCo-Founder & CPOPreviously, he served as a product lead at TradeLink, an enterprise supply chain management software company.
Investors · 2
Funding
SEC filings, press & company announcements$6.8M disclosed across 2 rounds · 2026
Source: company announcements and press reports — follow each round's link for the claim.
The YC application· Summer 2025 batch
Alumni Q&A
- How did your company get started? (i.e., How did the founders meet? How did you come up with the idea? How did you decide to be a founder?)
- Lorenz and Jonas worked together for over four years at TradeLink, an SCM-SaaS company, where Lorenz led Product and Jonas led Go-to-Market before both left to start Finto. Linus, whom they knew from the Munich startup scene, joined as Co-Founder and CTO, having previously been an early tech lead at the procurement SaaS company Tacto during its growth from pre-seed through Series A.
- What is the core problem you are solving? Why is this a big problem? What made you decide to work on it?
- Enterprises with complex vendor supply chains process large volumes of incoming invoices each year, with a typical mid-market enterprise handling around 100,000 annually. A single accountant can process roughly 10,000 to 20,000 per year because tasks such as keying data into the ERP, compliance checks, matching purchase orders, allocating ledger and cost center codes, and chasing approvals remain manual, requiring large accounting teams or shared-service centers.
- What is your long-term vision? If you truly succeed, what will be different about the world?
- The founders aim to shift accounting away from manual execution using AI agents that understand context, learn from company-specific data, and carry out complex workflows.
Summarized from the founders' answers on their Y Combinator profile.
Images
Founder mafia
2 people who came through Finto went on to found or lead other companies.
Competitors · 9
by search overlap
Tipalti10 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Ramp8 shared keywordsRamp offers a finance platform that combines corporate cards, expense management, and AI-driven automation for receipt capture, transaction coding, and reimbursements. It serves finance teams and businesses looking to consolidate spending tools and automate accounting workflows.
Highradius7 shared keywordsHighRadius provides software for order-to-cash and treasury finance operations, including credit, collections, deductions, cash application, and invoicing and payments automation. It serves large enterprises and Fortune 1000 companies looking to improve financial performance metrics such as Days Sales Outstanding.
Stripe7 shared keywordsStripe provides financial infrastructure for businesses to accept payments, offer financial services, and implement custom revenue models across international markets in 135+ currencies.
Spendesk7 shared keywordsSpendesk offers an all-in-one spend management platform that covers procurement, company cards, invoices, expenses, approvals, budgets, and reporting for finance teams. It gives businesses visibility and control over company spending, including multi-currency payments.
Light6 shared keywordsLight is a finance operating system that unifies the general ledger with native accounts payable, accounts receivable, spend, procurement, and multi-entity reporting, using AI agents to automate finance tasks. It serves finance teams at multi-entity, multi-currency companies as an ERP replacement.
Stampli6 shared keywordsStampli offers an accounts payable automation platform that centralizes invoice capture, coding, PO matching, approvals, and communication in an ERP-aligned system with a complete audit trail. It uses embedded AI to code, match, and route invoices for centralized, decentralized, and hybrid finance teams.
NanoNets6 shared keywordsNanonets provides AI agents that automate document-heavy, complex business processes by extracting structured data from documents like invoices and purchase orders, then executing workflows across finance, operations, and healthcare systems. The platform integrates with existing enterprise tools and uses a proprietary OCR model to handle edge cases that undermine agent reliability.
Bill.com Holdings, Inc.5 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Companies competing with Finto for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Finto Raises $3.4M to Build AI Accounting Agents | AIPressRoomaipressroom.com · Jul 2026
Finto Raises $3.4M to Build AI Accounting Agents from Munich — Rejecting Silicon Valley | Wellfundedwellfunded.news · Jul 2026Y Combinator-backed German startup Finto raises $3.4M, says chose Munich over Silicon Valley - Tech.eutech.eu · Jul 2026Frequently asked questions
- What does Finto do?
- Finto is an AI platform that automates invoice processing for enterprises, handling data extraction, validation, approvals, and ERP integration with full auditability. It is built for enterprise finance teams and emphasizes GDPR compliance and data privacy without LLM training on customer data.
- Who founded Finto?
- Finto was founded by Jonas Morgner, Linus Boehm, Lorenz Neuner in 2025.
- Who are Finto's investors?
- Finto's investors include Y Combinator, Lightspeed Venture Partners.
- How much funding has Finto raised?
- Finto has disclosed $6.8M raised across 2 rounds.
- Where is Finto headquartered?
- Finto is headquartered in Munich, DE.