AI fintech startup Neno raises €6.6 million
Neno raises €6.6 million from AlleyCorp (lead), Motive Partners, Firstminute Capital and various fintech angel investors including Hugging Face, Mollie, Juni, Deel, Miro, Coinbase, PayPal and Navro.
Neno is developing an AI-native financial platform for SMEs. It combines bookkeeping, tax matters, and financial administration. The core of the platform is a so-called Agentic General Ledger. As a result, reconciliation and VAT preparation are largely automated. The platform integrates bank accounts, cards, invoices, and payments. The company aims to save entrepreneurs administrative burdens.
Since its launch, Neno has already acquired nearly 200 customers. The capital raised is being used for product development. In addition, Neno Labs is being established for AI research. Expansion into other European markets is also being prepared.
