CrediNord logo — CrediNord is an online lending platform for SMEs, offering q...

CrediNord

CrediNord is an online lending platform for SMEs, offering quick approval and solving cash flow challenges.

Founded 2019 Finland Finland 6 employees Debt Financing Total: $48.43M B2B, Finance +3

General Information

Company Name CrediNord
Founded Year 2019
Location Finland Finland
Employees 6
Industries B2B, Finance, Financial Services +2
Funding Stage Debt Financing
Social

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About CrediNord

CrediNord is an online lending platform for SMEs, offering quick approval and solving cash flow challenges. The Finland-based startup, founded in 2019, is an AISP licensed online platform focused on lending to SMEs and Micro-Enterprises. It aims to revolutionize business lending across Europe by providing quicker and smarter lending solutions than traditional banks. CrediNord's inception was driven by the dissatisfaction among business owners with inadequate lending services, leading the founders to redefine lending services for smaller businesses. They believe that obtaining a business loan should not be a rigorous, complex, or time-consuming process. The latest investment of €40.00M Debt Financing was secured by CrediNord on 01 December 2021, with Pario Ventures as the investor. This funding is indicative of investor confidence in the potential of CrediNord's business model and its ability to address the crucial need for accessible and efficient lending solutions for SMEs. CrediNord's focus on addressing the cash flow challenges faced by business owners positions it as a promising player in the Finance, Financial Services, Fintech, and Banking industries. As the company continues to expand its reach and impact in Europe, its dedication to facilitating SME growth and supporting the core business operations of its clients strengthens its position in the market. The innovative approach to business lending and the recent significant investment pave the way for CrediNord's continued growth and success in the SME lending space.

Business keywords: online lending platform, SMEs, cash flow management, AISP licensed, business loans, quick approval, European market, micro-enterprises, alternative lending, challenger bank, disruption, small business finance, entrepreneurship

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing €40.00M 1
Pario Ventures
01 Dec 2021
Seed Round €1.00M -
01 Jun 2021
Debt Financing €5.00M -
23 Nov 2020
Angel Round €429.00K -
01 Feb 2020
Debt Financing €2.00M -
01 Jul 2019

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FAQ About CrediNord

CrediNord is an online lending platform for SMEs, offering quick approval and solving cash flow challenges.
CrediNord was founded in 2019.
CrediNord is headquartered in Finland.
CrediNord operates in B2B, Finance, Financial Services, Fintech and Banking. Its work centres on online lending platform, SMEs, cash flow management and AISP licensed.
CrediNord has approximately 6 employees.
CrediNord has completed 5 funding rounds, raising a total of $48.43M. The latest funding stage is Debt Financing.
Top alternatives and competitors to CrediNord include AccessCrédito, Instant Factoring, FundThrough, Santiago SME Finance, Finpoint Limited. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
CrediNord and AccessCrédito are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for CrediNord, https://bouncewatch.com/company/credinord, updated 10 October 2024. When citing, please name BounceWatch and link this page.

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