Finom, the Amsterdam-headquartered financial platform for European SMEs, has launched Finom MCP, a read-only connection built on the open Model Context Protocol (MCP) standard that allows customers to query their Finom business accounts from inside Claude or ChatGPT using plain-language prompts.
The feature is included across all Finom plans and is rolling out pan-EU from today, 22 October 2026. At launch, customers can interrogate transactions, wallets, invoices, cards and accounting data, and request a morning briefing of recent business activity, without leaving their AI assistant.
What it does and what it deliberately does not
The read-only scope is a considered design choice rather than a capability gap. Both Claude and ChatGPT explicitly prohibit write actions that would result in money movement, and Finom’s own position is that trust in an AI-connected financial product must be established through progressive disclosure. The connection will not move funds, issue cards or alter account settings at launch.
Kristjan Kaar, Finom’s chief product officer, acknowledged that the company is not the first mover in this space. “We are not the first to public MCP and we will not pretend to be,” he said. “We’re starting with a first set of read-only access, with write capabilities to follow, all built on an open standard rather than a walled garden.”
Access is controlled entirely by the customer. The connection is initiated from within the assistant itself, redirecting users to a Finom-hosted consent screen where they authenticate with their existing Finom credentials. Role-scoped access means a user can only surface data their Finom account already permits them to see, and the connection can be revoked at any time. No credentials are passed to the AI provider.
Finom’s CAIO and co-founder Ivo Dimitrov framed the engineering priority as boundary design rather than model sophistication. “The engineering that matters here is not the model, it is the boundaries around it: your own login, access scoped to the role you already have, nothing shared beyond what you ask, and the ability to switch it off.”
The company is transparent that AI-generated answers may contain errors; the Finom app remains the authoritative record for official statements and reporting. Data retrieved through MCP is processed under the customer’s own agreement with their AI provider.
Market context and regulatory read-across
Finom’s own media FAQ names Qonto and Pennylane as firms that reached public MCP integrations first, which is an unusual degree of candour for a product launch announcement. The MCP standard, backed by Anthropic and gaining traction across enterprise tooling, is emerging as the practical mechanism by which AI assistants will connect to the business-software stack, much as OAuth became the standard handshake for web services. Early adoption of the open protocol, rather than building a proprietary integration, positions Finom to extend the connection to additional product areas without renegotiating closed partnerships.
For regulators, the architecture matters. Finom holds an Electronic Money Institution licence issued by De Nederlandsche Bank and operates within the EU’s PSD2 framework, which already mandates open APIs for account data access. An MCP layer built on top of regulated API access sits closer to the spirit of open finance than a screen-scraping or credential-sharing model. The phased approach, read access first, then user-confirmed write actions with secure authentication, mirrors the strong customer authentication logic that PSD2 and the incoming PSD3 regime apply to payment initiation.
Finom raised a 115 million euro Series C in June 2025, bringing total funding to more than 300 million euros. The company serves more than 300,000 businesses across Europe. The next phase of Finom MCP, in which the assistant prepares actions for the customer to confirm rather than simply answering questions, has no published timeline.
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