The Finom alternative: Find out what makes Kontist different.

Kontist is a Berlin-based fintech company founded in 2016, specializing in digital banking solutions for freelancers and self-employed professionals in Germany. Operating in partnership with Solaris SE, a licensed German bank, Kontist provides business bank accounts that integrate seamlessly with bookkeeping and automated tax management tools.

Finom is a European fintech company headquartered in Amsterdam, established in 2019, offering an all-in-one financial platform tailored for freelancers, entrepreneurs, and small to medium-sized enterprises (SMEs). Operating under its own Electronic Money Institution (EMI) license granted by the Dutch Central Bank, Finom provides services across multiple European countries, including Germany, France, Italy, Spain, and the Netherlands. The platform enables users to open business accounts swiftly, offering features such as local IBANs, invoicing tools, expense management, and integrations with accounting software.

When you open a Kontist account, your income tax rate is set to a default. But to make a more accurate calculation, use our Taxator Tool. With just a few simple answers, we’ll calculate your average income tax rate for the year. 

You can then enter your average income tax rate in the app settings. Once you’ve done so, Kontist will automatically set aside the amount you’ll need for your income tax later on. So you always know what belongs to you. You can adjust this at any time if your income changes over the course of the year.

For your VAT, the Kontist app automatically sets aside the standard 19% for your incoming transactions. You can of course adjust the rate for each transaction or deactivate it in the settings if you don’t collect VAT at all.

You can apply for an overdraft between €500 and €3,000, providing a financial cushion when needed. You can apply directly in the app and will typically receive a decision within 30 minutes. Interest is only charged on the amount you use and there are no additional fees.

Kontist offers a variety of support options if you have questions or need help.

We have a comprehensive help center with a range of articles that take you through the app’s various features and teach you how to make step-by-step changes. You can also reach our support directly from the app.

Finally, we provide telephone support for all subscription levels from 9 am to 6 pm CET to help you with anything you might need.