English Fintech of the Year News

5 Revolutionary Fintech Companies from Finland

Fintech Farm is handing out its annual Fintech of the Year award to highlight the excellent work fintech companies in Finland do.

We have selected 5 exciting companies that are here to change the industry and make some impact.

The finals will be held at Digital Finance Forum on December 8th at Clarion, Helsinki.

Each finalist will be pitching to our jury, which consists of:
Isobel Nordström, Head of Nordic Financial Institutions, Corporate Bank at Citi
Sami Uski, Head of Business Development at Tietoevry Banking
Johanna Andersén, Strategy Lead at Fintech Farm Helsinki

The jury will pay especially attention to the companies’ vision, innovation, scalability, and impact.

Read more about these five revolutionary companies below:


Solution: Employee benefit payment platform
Founded: 2007
Customers: Employers, employees and merchants
Employee count: 150
Total funding: 41.5M€
Latest round: 41.5M€ (9/19)
Revenue 21: 289M€
Revenue growth 20-21: 88%
Profit 21: 8.7M€


Solution: Accounting software
Founded: 2014
Customers: Accounting firms and businesses
Employee count: 30
Total funding: Not announced
Latest round: (10/22)
Revenue 21: 6.3M€
Revenue growth 20-21: 112%
Profit 21: 2.3M€


Solution: Compliance management platform
Founded: 2017
Customers: Banks
Employee count: 25
Total funding: 1.1M€
Latest round: 1M€ (11/21)
Revenue 21: 0.7M€
Revenue growth 20-21: 50%
Profit 21: -0.01M€

Snowfox AI

Solution: AI-powered purchase invoice automation tool
Founded: 2018
Customers: Businesses
Employee count: 35
Total funding: Not announced
Latest round: Not announced
Revenue 21: 0,6M€
Revenue growth 20-21: 236%
Profit 21: -1.2M€

The Upright Project

Solution: Impact modelling and analyzing platform
Founded: 2017
Customers: Investors and businesses
Employee count: 35
Total funding: Not announced
Latest round: Not announced
Revenue 21: 1.1M€
Revenue growth 20-21: 50%
Profit 21: 0.2M€


Join the Digital Finance Forum to see the finals and plenty of more!