FinantsKonto

Finantskonto is a digital banking platform developed by the Estonian financial technology company FinantsKonto AS, launched in 2016. The service offers a range of banking products, including current accounts, savings accounts, and personal loan facilities, all accessible through a mobile application and web portal. Finantskonto was designed to provide a modern, streamlined alternative to traditional banking, featuring low fees, instant account opening, and real‑time transaction notifications.

Key features of Finantskonto include instant account verification using biometric authentication, integration with popular digital wallets, and a budgeting tool that automatically categorizes expenses. Customers can also use the platform to pay for utilities, online purchases, and transfer money within the European Economic Area via the SEPA network. The service supports several currencies and offers competitive foreign exchange rates for non‑Euros.

In 2019, Finantskonto expanded its services to include small business banking, adding features such as invoicing, payroll management, and tax reporting integration. The platform is regulated by the Estonian Financial Supervisory Authority, ensuring compliance with EU banking regulations and data protection standards. Since its launch, Finantskonto has gained a substantial user base, with over 200,000 active accounts reported in 2024. The company continues to innovate, adding new financial products such as investment accounts and insurance offerings, aiming to enhance the user experience and broaden its market presence across Northern Europe.