Acceptance into the US accelerator Y Combinator is considered an exception for German startups. Companies like Airbnb, Stripe, and Dropbox are among its most renowned alumni. Finto is also among them. However, rather than remaining permanently in Silicon Valley after the prestigious Y Combinator accelerator, the founders consciously decided to continue building their company in Munich. With this, Finto is betting on a European market whose regulatory requirements, ERP landscape, and corporate structures, in the team’s view, require specialized AI solutions.
Munich instead of Silicon Valley
For Finto founders Jonas Morgner, Linus Boehm, and Lorenz Neuner, the program was not a springboard for permanent expansion into the US. Instead, the decision was made to deliberately implement the next growth phase in Europe.
“We consciously chose Munich: the talent is concentrated here, our customers – Europe’s industrial mid-market and large corporations – are here, and the enterprise software core we’re building on, including SAP, is right on our doorstep”,
says Jonas Morgner, co-founder and CEO of Finto.
AI agents independently handle accounting tasks
While many automation solutions in accounting continue to rely on OCR technologies and rule-based workflows, Finto pursues an agent-based approach.
The AI agents independently handle central accounts payable tasks. These include invoice verification, tax assessment, coding, and reconciliation with purchase orders. They then create the corresponding bookings. If a decision cannot be made clearly, the agents pass the transaction to employees who review and finalize the case.
According to the company, the software integrates directly into SAP, Microsoft Dynamics, and DATEV. When uncertain, the AI agents do not proceed autonomously; instead, they specifically involve accountants in the decision.
“Our approach delivers results directly. When the agents are uncertain, they report it and ask the accountant for help. This way, we free up capacity and elevate the finance team’s role strategically”,
Morgner explains.
Founders bring enterprise experience
Before founding Finto, the founders held leadership positions at enterprise software companies Tacto and TradeLink.
Additionally, Finto is advised by experienced finance managers, including Jürgen Klöpffer (former CFO of Everllence and GBS Volkswagen), Lukas Deutsch (Chief Controlling Officer at SAP), and Michael Felix (former Managing Director GBS at Melitta and Burda).
First customers from sports and retail
Early reference customers include second-division football club Arminia Bielefeld and Eat Happy Group, which operates sushi counters at Rewe, Edeka, and Kaufland, among others.
The solution for Arminia Bielefeld was developed in collaboration with Finto. According to the company, accounts payable is now largely automated.
“Our accounting department was almost exclusively occupied with operational tasks. There was hardly any room for analysis or controlling. We’re creating a foundation on which we can work reliably and make decisions”,
says Patrick Krausch, Director of Finance & Controlling at Arminia Bielefeld.
At Eat Happy too, the software is intended to help support the company’s strong growth with a scalable finance organization. Since 2025, the first entities there are being managed with AI support – more are expected to follow in 2026.
