Market map · Europe

CFO tech stack market map: Europe

180 CFO tech stack startups based in Europe that have raised money in rounds we track, placed in 6 segments by what each says it does. Together they have raised $4.3B; the biggest segment is accounting and close.

180startups on the map
6segments
$4.3Braised between them
Spend and expensesmost funded segment

Accounting and close

89

+65 more

Payables and receivables

27

+3 more

Spend and expenses

23

Tax

21

Treasury and cash

11

Planning and forecasting

9

Segment by segment

Accounting and close

89 startups · $1.2B raised

  1. PennylanePennylane is a fintech startup that develops a financial operating system designed for small and medium-sized businesses.France$286M
  2. FinomFinom provides financial solutions for entrepreneurs, self-employed, and freelancers.Netherlands$238M
  3. AccountsIQAccountsIQ is a cloud accounting and financial management software company based in Dublin, Ireland.Ireland$65M
  4. sevDeskCloud accounting for small businessGermany$61M
  5. BLP DigitalBLP Digital is an ETH Spin-off using artificial intelligence to automate document-based ERP and accounting workflows.Switzerland$50M
  6. CryptioEnterprise-grade back office software for digital assetsFrance$45M
  7. SustainCERTSustainCERT is a carbon emissions accounting and verification platform for carbon markets and corporate value chains.Luxembourg$37M
  8. Normative.ioNormative.io is a carbon accounting engine that helps businesses achieve net zero emissions.Sweden$32M

Payables and receivables

27 startups · $567M raised

  1. TideTide is a UK business financial platform providing business current accounts and admin tools, including invoicing, expense manageUnited Kingdom$194M
  2. XelixXelix is a London-based enterprise SaaS company specializing in AI-powered Accounts Payable (AP) automation software.United Kingdom$160M
  3. YokoyYokoy is a Swiss FinTech company based in Zürich, founded in 2019.Switzerland$80M
  4. ApronApron is a London-based financial technology company founded in 2021 by Bogdan Uzbekov.United Kingdom$29M
  5. CANDISCandis is a Berlin-based financial technology company that specializes in digital invoice management and automated accounting solutions.Germany$16M
  6. DostDost automates the process of incoming supplier invoices to help CFOs and Finance Managers of mid-size and large companies.Spain$9.6M
  7. anfixAnfix is a cloud software company based in Madrid, founded in 2010.Spain$9.5M
  8. ZoneZone & Co is a software development company based in Boston, Massachusetts, founded in 2013.United Kingdom$8.5M

Spend and expenses

23 startups · $1.9B raised

  1. Capital on TapCapital on Tap is a fintech company that provides small businesses with credit cards and a spend management platform.United Kingdom$654M
  2. JuniJuni is a licensed fintech company based in Gothenburg, Sweden, founded in 2020.Sweden$312M
  3. TravelPerkTravelPerk is a SaaS providing business travel and expense management services for travelers.Spain$272M
  4. SoldoSoldo is a British fintech company established in London in 2014.United Kingdom$252M
  5. SpendeskSpendesk is a leading AI-powered spend management and procurement platform based in Paris, France.France$161M
  6. MooncardMooncard is a French fintech SaaS company founded in March 2016, specializing in corporate expense management.France$46M
  7. ExpensyaExpensya provides software designed to automate expense management for businesses.France$40M
  8. MobileXpenseMobilexpense is an EU tech group committed to simplifying expense management for large multinationals & SMEs as well as their employees.Belgium$24M

Tax

21 startups · $319M raised

  1. AgerasAgeras is an online marketplace for accounting, bookkeeping, and tax preparation services.Denmark$88M
  2. LimeTaxLimetax is a tax advisory and accounting group based in Berlin, Germany.Germany$77M
  3. TaxdooTaxdoo is a Software as a Service (SaaS) platform that automates Value Added Tax (VAT) compliance and financial accounting for e-cGermany$65M
  4. RavicalRavical is the agentic operating layer for professional services firms.Belgium$25M
  5. KabilioKabilio is a Barcelona-based startup founded in 2024 that specializes in AI software for accounting and tax automation.Germany$20M
  6. SkalarSkalar is a digital tax advisory and accounting firm based in Munich, Germany.Germany$14M
  7. ARKKARKK is a UK-based Software as a Service (SaaS) provider that specializes in AI-powered solutions for the Office of the CFO.United Kingdom$6.0M
  8. KontistKontist is neo-bank & tax advisory for freelancers all in oneGermany$4.5M

Treasury and cash

11 startups · $118M raised

  1. AgicapAgicap is a French SaaS cash management and treasury platform founded in 2016 and based in Lyon, France.France$48M
  2. EmbatEmbat is a Madrid-based fintech company that specializes in AI-driven, cloud-native treasury management solutions.Spain$35M
  3. VestoVesto is a modern treasury management platform that helps finance teams unify a view of all their banks in one place.France$10M
  4. Round TreasuryRound Treasury is a London-based fintech company founded in 2023, offering an AI-powered treasury management platform.United Kingdom$8.1M
  5. CenttripCenttrip is an award-winning real-time treasury management platform that helps global companies achieve efficiency and cost reduction.United Kingdom$5.4M
  6. TreverTrever serves powerful digital asset infrastructure for financial institutions across Europe.Austria$2.6M
  7. KayentaKayenta Ltd is a financial technology firm that specializes in treasury management software for hedge funds and alternative asset managers.United Kingdom$2.5M
  8. FINQwareFinqware is a Romanian fintech company based in Bucharest, specializing in open banking and treasury automation solutions for multRomania$2.2M

Planning and forecasting

9 startups · $213M raised

  1. NexteamHire vetted FP&A, accounting, investment banking, and corporate finance professionals in as little as 48 hours through dedicated oFrance$134M
  2. MossCards, invoices, and employee reimbursements in one platform.Germany$35M
  3. CausalCausal is a business planning platform that focuses on visualizing data and financial modeling.United Kingdom$20M
  4. Helu.ioHelu.io is a fintech company based in Vienna, Austria, founded in 2020.Austria$10M
  5. AtlarAtlar is an AI-native treasury management platform based in Stockholm, Sweden, founded in 2022.Sweden$8.6M
  6. PlanDeltaPlanDelta is a financial software company based in Sofia, Bulgaria, founded in 2021.Bulgaria$2.4M
  7. FintowerFintower is a Swedish company based in Gothenburg that offers an AI-powered financial planning and analysis platform tailored for Sweden$1.8M
  8. PowdrPowdr is a UK-based financial modelling company that specializes in helping SMEs and corporate finance teams transition from spreaUnited Kingdom$1.2M

How this map is made. Every startup here has raised money in rounds we track, and is based in Europe. It joins the map when its sectors, read from its rounds, or the opening of its own description say it works in CFO tech stack, and goes to the first segment whose words it carries. Each segment shows its best-funded first. Rebuilt nightly; updated 15 November 2026.

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