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Ellen Freij

Ellen Freij

Press contact PR & Communications Manager +46762146147

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Froda expands partnership with EIF – unlocking €150 million in first EU-wide microfinancing guarantee

Froda expands partnership with EIF – unlocking €150 million in first EU-wide microfinancing guarantee

Froda has strengthened its partnership with the European Investment Fund, by securing an additional lending capacity of €100 million. This builds on an existing €50 million guarantee, bringing the total to €150 million and extending Froda’s financing reach across all 27 member states. The agreement marks Froda as the first company to establish an EU-wide microfinance partnership with the EIF.

About Froda

Founded in 2015, Froda set out to redefine business financing by making it accessible, efficient and empowering for small and medium-sized businesses. Froda is creating opportunities for all business owners, regardless of background, to turn their ideas into reality. By leveraging digital and technological innovation, Froda has transformed the loan process from months to minutes, ensuring that financing is not just fast and efficient, but also inclusive and on fair terms. Today, Froda is one of Europe’s fastest-growing fintech scaleups. With a strategic focus on embedded finance, Froda has expanded across the Nordics, the UK, Ireland and Germany, partnering with industry leaders like Visa, Checkout.com and Lunar. Froda is a licensed credit institution under the supervision of the Swedish Financial Supervisory Authority.

Froda

Katarinavägen 9
116 45 Stockholm
Sweden

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