Helsinki-based FinanceKey, which develops a real-time cash management and payment automation platform, has raised €3 million in a seed funding round led by Maki.vc to accelerate the shift to fully automated enterprise treasury systems.
- Launched in 2021 by Veikko Koski, Macer Skeels, Tiago Batista, and Rony Meyer, FinanceKey builds and operates an API-based platform designed to simplify and modernize how finance teams manage payments, banking data, and treasury operations.
- The company develops a unified layer that connects various financial systems, including banks, ERPs, and internal tools, enabling real-time visibility into cash positions and automating complex payment workflows.
- FinanceKey functions as both an orchestration and data layer. Through a single API, branded “One Finance API”, users can link to multiple banks and financial data sources, consolidating information that would otherwise live across disconnected systems.
- The platform harmonizes this data into a standardized format, removing the need for custom integrations. A dynamic user interface and real-time dashboards make it possible for CFOs, treasurers, and finance professionals to monitor and act on financial data from a single point.
- The platform has processed over €1.5 billion in payments to date and is used by clients such as Nors Group, Bravedo, and Obton, who report measurable savings and operational improvements.
Details of the deal
- The funding was led by Helsinki-based seed-stage venture capital firm Maki.vc, which has launched its third fund totaling €100 million to support tech startups focused on environmental and social impact across the Nordics and Northern Europe.
“The team at FinanceKey has deep expertise and has created a product that solves a clear, urgent need in the market. The traction they’ve achieved with large enterprises speaks volumes, and this is just the beginning," explains Tim Bolte, Venture Partner at Maki.vc.
- Existing investor First Fellow Partners also participated in the round.
- The fresh €3 million seed funding raised by FinanceKey will be used to scale its client base, expand into new markets across Europe, grow its workforce, and accelerate product development to enhance and evolve its platform capabilities.
"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.
