Finom Expands SME Investment Suite with BlackRock USD Money Market Fund

European SMEs can now access US dollar money market funds directly through their primary business accounts as Finom expands its investment suite. This integration allows businesses to manage idle cash in USD without leaving their banking platform, addressing a critical need for treasury management tools among smaller enterprises and freelancers operating internationally.

What was announced

Finom has introduced the BlackRock ICS US Dollar Liquidity Fund to its execution-only investment platform. This new offering, specifically the Premier Dis share class (ISIN IE00B44BQ083), is a Short-Term LVNAV money market fund. It joins the existing BlackRock ICS Euro Liquidity Fund on the platform, allowing business users to diversify their cash holdings across two major currencies.

The service is facilitated through Aksys Global Markets Europe Ltd, a CySEC-authorised investment firm. To utilize the fund, customers fund orders via a Finom USD wallet. For those holding euros, the platform provides standard currency conversion within the app. Execution timelines differ by currency: USD orders are processed on a T+2 business day basis, while EUR orders offer T+0 execution.

Finom has structured the service with no trading, entry, or exit fees. However, custody fees are applied based on the user's specific subscription plan. These range from 0.1% per year for those on 'Grow' plans to 1.8% for 'Solo' plan users. Additionally, the fund itself carries ongoing costs of 0.10% plus 0.04% in transaction costs. The service is available to freelancers and companies in eligible European markets, provided they pass TIN, LEI, and FATCA checks. US persons are currently excluded from the offering.

"Investments lets business customers place orders for EUR and USD money market funds from the account they already use, with the costs and the risks shown before they decide,"

Damir Amirov, Head of Product - Core Banking, Finom

The companies involved

Finom is a financial platform tailored for the European SME and freelancer market. The company provides a unified suite of services including business accounts, automated invoicing, and expense management. By positioning itself as a comprehensive financial hub, Finom aims to simplify the administrative and financial workflows of small businesses that are often ignored by traditional corporate banking providers.

The investment service relies on a partnership with Aksys Global Markets Europe Ltd, which provides the regulatory framework for the reception and transmission of orders. By integrating funds from BlackRock’s Institutional Cash Series (ICS), Finom is bringing institutional-grade liquidity products to the SME sector. This allows smaller entities to access the same type of cash management instruments typically reserved for large corporations with dedicated treasury departments. Finom currently operates across multiple European jurisdictions, maintaining a focus on digital-first financial tools for the self-employed and small enterprises.

What FF News has reported before

FF News has closely followed Finom’s aggressive product expansion and technological integration. In late 2026, the company significantly enhanced its digital capabilities when Finom Integrates with Claude and ChatGPT via Model Context Protocol for SME Banking, enabling users to interact with their financial data through AI. This followed the introduction of a Native AI Assistant designed to automate management tasks. The platform has also expanded its physical offerings, having Launched a Metal Premium Business Card earlier that year. Furthermore, Finom has sought to increase its brand visibility through high-profile sports marketing, notably when Finom Partners With Juventus FC as Official B2B Financial Platform.

What this means

This move highlights a significant trend where SME neobanks are evolving into full-stack treasury management platforms. By offering USD money market funds with no trading fees, Finom is directly challenging traditional banks that typically offer low interest on business savings while charging high fees for international investment access. The inclusion of USD funds is particularly relevant for European startups and freelancers with global clients, allowing them to hedge against currency volatility. However, the industry faces a persistent challenge in ensuring that small business owners understand the risk profile of money market funds, which do not carry the same protections as standard deposit guarantee schemes.