FinanceKey Secures €3M to Eliminate Manual Work in Corporate Finance Teams

  • Fundraising News
  • 11.06.2025 02:55 am

Finnish fintech company FinanceKey announces a new €3 million seed funding round to scale its client base, expand into new markets, and accelerate the shift to fully automated enterprise treasury systems. The round was led by Maki.vc, a Helsinki-based early-stage venture capital firm, with participation from existing investor First Fellow Partners.

Many large enterprises still struggle with outdated tools, fragmented data, and spreadsheet-heavy workflows. In fact, treasury and finance professionals in large companies spend the majority of their time on low-value tasks like reconciliations, payment execution, and bank integrations. Without a clear, real-time view of cash across accounts and entities, finance teams struggle to manage liquidity, forecast accurately, or respond confidently to shifting market conditions.

FinanceKey offers a fundamentally different approach: a single, streamlined platform that connects banking, ERP, and treasury systems, standardizes financial data, and fully automates payment processes. It delivers real-time visibility, automation, and control in one unified platform. The solution streamlines global treasury operations, reduces manual workload, and enables finance teams to operate with precision and agility. Designed for flexibility, the platform can be used as a standalone dashboard or integrated seamlessly into existing systems, with no custom development required. FinanceKey is tapping into a major shift: finance teams are no longer just back-office operators but strategic powerhouses. 

The company was founded by former Nokia treasury leaders Veikko Koski, Macer Skeels, Tiago Batista, and Rony Meyer, who experienced firsthand the limitations of legacy treasury tools and set out to build a system designed for the speed and scale of modern finance teams. With over €1.5 billion in payments automated to date and steady month-over-month growth, FinanceKey is already used by multinational clients including Nors, Bravedo, and Obton, who have reported up to €1 million in annual savings through payment automation in the first year. The global treasury management software market is projected to reach over €10 billion by 2030, with broader financial operations and embedded finance platforms pushing the total opportunity beyond €100 billion.

The new funding will power FinanceKey’s product development, team growth, and expansion across Europe, while accelerating FinanceKey’s mission to transform the global treasury infrastructure. 

 “We’ve seen firsthand how disconnected systems and repetitive manual workflows slow finance teams down; they deserve better tools – ones that unify fragmented data, automate workflows, and free them to focus on strategic decisions. This funding lets us scale a platform already driving results for top-tier enterprise clients,” said Veikko Koski, CEO of FinanceKey. 

 

Related News