Finto

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.