Lunar, Visa Froda

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Lunar, Visa Froda

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Ellen Freij

Ellen Freij

Press contact PR & Communications Manager +46762146147

Related content

In picture: Anne Marie Kindberg (Lunar), Olle Lundin (Froda), Philip Konopik (Visa).

Froda, Lunar and Visa launch Embedded loan solution for small businesses in Denmark

Froda is launching its card-based embedded lending solution in Denmark together with Lunar and Visa. The launch follows a successful test period and the goal is to make it faster and cheaper for Danish small businesses to access financing and secure the necessary capital to drive growth.
Small and medium-sized enterprises (SMEs) make up 99 percent of all Danish businesses* and play a vital role

About Froda

Froda was founded in 2015 with a clear mission – to democratize the access to financing and provide small and medium-sized businesses with the same opportunities to grow as large ones. Through digital processes and technological innovation, Froda has shortened the loan process from months to minutes, making it easy for entrepreneurs to invest in their ideas. Today, Froda is one of Sweden's fastest-growing tech companies with a 1.7 billion SEK valuation and well known investors such as Karl-Johan Persson, Nicklas Storåkers and Victor Jacobsson among the owners. In 2021, Froda launched a strategic initiative within embedded financing and through it, we have expanded to the Nordics, Germany, Ireland, and the UK, and have established partnerships with Visa, Lunar, and Checkout.com, among others. Froda is a credit market company regulated by the Swedish Financial Supervisory Authority. Learn more at froda.se.

Froda

Katarinavägen 9
116 45 Stockholm
Sweden

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