Froda logo — Dedicated to empowering entrepreneurs by simplifying access...

Froda

Dedicated to empowering entrepreneurs by simplifying access to financing for all SMEs globally.

Founded 2015 Sweden Sweden 125 employees Series B Total: $204.90M Financial Services, Fintech +1

General Information

Company Name Froda
Founded Year 2015
Location Sweden Sweden +1
Founders / Decision Makers
Team member
Employees 125
Industries Financial Services, Fintech, Lending and Investments
Funding Stage Series B

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About Froda

Froda, founded in 2015, is a pioneering tech company in the Financial Services, Fintech, and Lending and Investments industries. With headquarters in Sweden, the company is recognized for its dedication to empowering entrepreneurs by simplifying access to financing for all SMEs globally.

Employing digitization and machine learning, Froda removes traditional financial barriers, ensuring unbiased support for founders. The organization's data-driven approach is instrumental in promoting innovation, diversity, and inclusivity, thereby making a significant impact in the communities they serve.

In its most recent funding round on 23 April 2025, Froda secured a €20.00M Series B investment. Key contributors to this round included Incore Invest, Karl-Johan Persson, and Victor Jacobsson. The strategic investment underscores investor confidence in Froda's vision to transform the financing landscape for small businesses worldwide.

Taxonomy: SME financing, digital banking, entrepreneur support, data-driven solutions, inclusive finance, flexible repayment, innovation, business loans, digital solutions, investment facilitation, Tech-enabled services

Services & Products

Corporate Loans up to 5 million SEK
Savings Accounts with Interest and State Deposit Guarantee
Embedded Financing Solutions

Target Customers

Small and Medium Enterprises (SMEs) Entrepreneurs Business Partners

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 3
Investor
•••• ••••
23 Apr 2025
Select •••••• 1
Investor
05 Feb 2025
Series A •••••• - 05 Sep 2023
Series A •••••• - 01 Aug 2022
Series A •••••• - 01 Jul 2021

View All 9 Funding Rounds

Froda Alternatives & Competitors

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FAQ About Froda

Dedicated to empowering entrepreneurs by simplifying access to financing for all SMEs globally.
Froda was founded in 2015.
Froda is headquartered in Sweden.
Froda operates in the following industries: Financial Services, Fintech, Lending and Investments.
Froda has approximately 125 employees.
Froda has completed 9 funding rounds, raising a total of $204.90M. The latest funding stage is Series B.
Froda offers: Corporate Loans up to 5 million SEK, Savings Accounts with Interest and State Deposit Guarantee, Embedded Financing Solutions.
Top alternatives and competitors to Froda include Douxun Technology, Twala, Fusion Innovative, DIGIK, BluCloud. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Froda and Douxun Technology 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.

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