Froda
Where to find us at Bits & Pretzels

29/09, Startup Exhibition, Cluster „Finance & Insurance", ST67

Key Facts

Company Description

Froda, founded in 2015, is one of Europe’s fastest-growing fintech scaleups. With a mission to make financing accessible for all SMEs, Froda leverages digital innovation to transform loans from months to minutes. Through embedded finance, Froda partners with industry leaders across Europe.

Product/Service Description

Froda offers fast, fair, and flexible SME financing through embedded solutions, transforming loan processes from months to minutes in partnership with leading banks and fintechs.

Crunchbase

https://crunchbase.com/organization/froda

Country

Sweden

Founding Year

2015

Employees

101-300

Company Stage

Many Paying Customers

Business Model

B2B

Focus Industries

Finance

Active Markets

(5 most relevant ones)

Germany, United Kingdom, Sweden, Denmark, Norway

Look for at Bits & Pretzels

Customers
Investors
Network
Partners
Talent

Funding & Investors

3 Lead Investors

Capital Raised to Date

Last Funding Type

Series B

Last Funding Date

Capital Need (€)

Currently Fundraising

(at the time of  Bits & Pretzels 2025)

Yes

Growth Outlook

Traction

13K active customer, 23K total customers, 120K disbursed loans, 8M transactions

Monetization Model

Revenue from SME loan interest, fees, and partner revenue-sharing models.

3 Reference Customers

Lunar, Treyd, Worldline

Revenues 2024

51 700 000 €

Planned Revenues 2025

Planned Revenues 2026

Target Markets

(within 24 months)

Baltic States
Benelux
Central & Eastern Europe
Nordics
Western Europe

Team