Finto

Based in Munich, Germany, Finto provides artificial intelligence accounting automation software designed to streamline invoice processing and data entry for global enterprise finance teams. The company operates a dedicated SaaS subscription model targeting mid-market and large corporate organizations that routinely process up to 100,000 supplier invoices annually. Operating with a current headcount of seven full-time employees, the platform eliminates repetitive manual workflows by automating purchase order matching, approvals, manual checks, and direct posting to enterprise resource planning systems. The startup recently launched through the Y Combinator startup accelerator program, drawing on the founding team's four years of prior experience at supply chain software companies Tacto and TradeLink, which are backed by venture capital firms including Sequoia and Insight Partners. Finto was officially founded in the year 2025 by Linus Boehm, Jonas Morgner, and Lorenz Neuner.

High-Level Overview

Finto is an AI-driven accounting platform designed to automate the entire invoice-to-pay process for enterprise finance teams, particularly targeting mid-market companies with complex vendor supply chains. Its core product uses self-learning AI agents to read, verify, code, and post invoices in real time, significantly reducing manual workload—by up to 75%—and improving accuracy and compliance. The platform integrates seamlessly with ERP systems and manages workflows such as supplier communication, 3-way matching, and approval processes, enabling finance teams to handle high volumes of invoices efficiently. Finto serves enterprises aiming to modernize and automate accounting operations, addressing the pain points of manual data entry and slow invoice processing cycles[1][2][3].

Origin Story

Finto was founded by Linus Boehm (CTO), Jonas Morgner (CEO), and Lorenz Neuner (CPO), who bring deep expertise in procurement, product development, and go-to-market strategies from their previous roles at companies like Tacto and TradeLink. These founders leveraged their experience in digitizing purchase-to-pay workflows and enterprise SaaS to create a platform that automates accounting tasks traditionally done manually. The idea emerged from recognizing the inefficiencies in enterprise invoice processing, where accountants are overwhelmed by repetitive tasks despite large volumes of invoices. Early traction is rooted in their domain knowledge and the pressing market need for AI automation in finance[1][2][3].

Core Differentiators

• Self-learning AI agents: Continuously improve accuracy by adapting to unique invoice formats and business rules.
• End-to-end automation: Covers the full invoice lifecycle from email receipt to ERP posting, including supplier communication and compliance checks.
• Real-time processing: Enables immediate handling of invoices, reducing delays and manual bottlenecks.
• Deep domain expertise: Founders’ backgrounds in procurement and enterprise SaaS ensure tailored solutions for mid-market enterprises.
• Integration with ERP systems: Seamless data posting and workflow management within existing enterprise infrastructure.
• Significant workload reduction: Automates up to 75% of manual accounting tasks, freeing finance teams for higher-value work[1][2][3].

Role in the Broader Tech Landscape

Finto rides the wave of AI-driven automation transforming traditional enterprise workflows, especially in finance and accounting. The timing is critical as enterprises face increasing pressure to digitize and optimize back-office operations amid growing invoice volumes and complex supply chains. Market forces such as the rise of AI agents capable of contextual understanding and autonomous execution favor solutions like Finto’s, which promise to reshape accounting by replacing manual, repetitive tasks with intelligent automation. This shift not only enhances operational efficiency but also influences the broader ecosystem by setting new standards for enterprise finance automation and pushing legacy software toward AI integration[1][2][3].

Quick Take & Future Outlook

Finto is well-positioned to lead the transformation of enterprise accounting through AI automation. Going forward, the company is likely to expand its AI capabilities, deepen ERP integrations, and scale across more mid-market enterprises globally. Trends such as increasing adoption of AI agents, demand for real-time financial insights, and the push for digital transformation in finance will shape Finto’s growth trajectory. Its influence may evolve from a niche automation tool to a foundational platform that redefines finance team workflows, potentially extending into broader financial operations beyond invoice processing. Finto’s mission to "take the manual out of accounting" aligns with the future of autonomous enterprise finance[1][2][3].