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Fintower

Category: AI in Fintech

AI-powered financial planning and analysis (FP&A) platform that replaces spreadsheets for finance teams. Fintower was founded in 2024. The company is led by Salman Eskandari. Based in Gothenburg, Sweden. Team size: 11-50. Total funding raised: €2M. Latest round: Seed. Key investors include Chalmers Ventures, Akka, Stena family (via William Olsson), Almi, Daniel Jonsson (Inet), Alexander Hars, angel investors.

Founded
2024
Headquarters
Gothenburg, Sweden
Team size
11-50
Total funding
€2M

Value proposition

Consolidates fragmented finance data from 60+ business systems (Fortnox, Spiris, HubSpot, Shopify, banks, etc.) into a unified AI-driven financial workspace, answering plain-language questions from live data in seconds.

Products and solutions

AI finance assistant / FP&A platform with integrations to Fortnox, Spiris, HubSpot, Shopify, banks (SEB, Swedbank, Handelsbanken, Nordea) and 60+ other systems, cash flow forecasting, budgeting, scenario planning, automated reporting and consolidation

Unique value

Answers finance questions in plain Swedish from live, connected data in under 5 minutes — no manual exports, no consultants, no API keys required to start

Target customer

CFOs, CEOs, controllers, and finance teams at growing Swedish/Nordic SMEs and agencies

Industries served

Fintech / Financial Planning & Analysis (FP&A), SaaS for SMEs

Technology advantage

Deep native integrations (Official Fortnox and Spiris partner) plus AI layer that understands relationships between sales, revenue, cost, cash and margin across 60+ connected systems; EU-hosted, GDPR-compliant, no AI training on customer data

How they differentiate

Deep native Nordic ERP integrations (Fortnox, Spiris, Visma) plus conversational AI in Swedish, targeting growing SMEs underserved by heavier enterprise FP&A tools like Pigment and Anaplan

Main competitors

Pigment, Cube Software, Anaplan (enterprise FP&A), legacy Excel/Google Sheets-based workflows

Key partnerships

Official Fortnox partner, Official Spiris partner, bank integrations with SEB, Swedbank, Handelsbanken, Nordea, 60+ business system integrations (HubSpot, Shopify, Visma, WooCommerce, Klarna, Stripe, etc.)

Notable customers

Reducero (CFO Alexander Aas), Adway (Founder Richard), DB24 (CEO Andreas)

Major milestones

Closed oversubscribed €1.5M seed round (Feb 2026), Official Fortnox and Spiris partner status, 50+ customers on platform

Growth metrics

50+ growing Swedish companies (Fortnox Marketplace lists 51–100 users); 4.4/5 on Fortnox Marketplace (7 reviews); site still cites 4.3/5

Market positioning

Nordic-focused AI FP&A challenger targeting growing SMEs and agencies, positioned below enterprise-grade platforms like Pigment/Anaplan/Cube

Geographic focus

Nordics (Sweden primarily), expanding within Europe

About Salman Eskandari

Co-founder of Albert AB (Nasdaq First North IPO 2021); previously Triathlon Consulting Group and non-profit Intize.

Latest news about Fintower

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