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Froda

Provider
Lending

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 1 category.

froda.com ↗Also analysed as a company — its own stack →
CategoriesLending
Rank#54 of 254 in Lending
Buyers3 companies
HeadquartersKatarinavägen 9, 116 45 Stockholm, Sweden

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Founders & story · from Froda’s own dossier

Founded as a direct SME lender in Sweden, Froda evolved into a dual-track business: a direct-to-SME loan and savings product, alongside a B2B embedded lending infrastructure (Froda Embedded / frodaembedded.com) enabling banks, neobanks, fintechs, and PSPs like Worldline, Swedbank Pay, and Lunar to offer white-label business loans through their own platforms. The embedded business offloads credit risk to Froda while allowing partners to monetize without operational complexity. This positions Froda firmly as embedded lending infrastructure rather than merely a consumer-facing fintech lender.

Recent developments
  • 2024-09-09Partnered with Swedish SME neobank Juni to embed financing products for Juni's users. source ↗
  • 2025-04-23Raised a $23M Series B for its SME debt-financing platform. source ↗
  • 2025-05-26Expanded its embedded lending partnership with Ageras from Germany to Denmark. source ↗
Full dossier: Froda’s own stack, layer by layer →
In the press
embeddedfinancereview.com ↗
Coverage of Froda sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2026-04-28
Froda partners with Norwegian bank, Hokodo shuts down
SpareBank 1 embeds Froda inside its banking app. HVB did the same with Banxware. Meanwhile, Hokodo and Sprinque both shut down.
Source · Embedded Finance Review ↗
◇ article2026-04-25
Norwegian Bank Embeds Froda Inside Its Own Banking App
SpareBank 1 Østlandet integrates Froda Embedded into its banking app. Froda's first traditional bank partnership and one of Europe's earliest.
Source · Embedded Finance Review ↗
◇ article2025-04-23
Froda Secures $23 Million in Series B Funding: Can It Compete with Europe's Top Embedded Lending Providers?
Swedish Froda secures $23M Series B to expand embedded lending from Nordics to UK and Germany. Can it compete with Banxware, YouLend, and established providers?
Source · Embedded Finance Review ↗
◇ article2024-09-09
Froda launches a new lending partnership; will non-financial brands follow?
Swedish lender Froda partners with neobank Juni for Nordic embedded lending as UK and European providers eye expansion. Will non-financial brands in Scandinavia adopt next?
Source · Embedded Finance Review ↗
Who uses Froda
3 companies disclose Froda in their stack
AgerasSpirisMimo HQ
Buyer mix · 3 of 3 classified
Horizontal SaaS / Accounting · 1Vertical SaaS / Accounting · 1Vertical SaaS / SMB Finance · 1
EU · 2UK · 1
What the disclosures say
Ageras
“frodaembedded.com/company/partners/ageras: 'In partnership with Froda Embedded, Ageras introduced a lending product embedded directly into its platform...”
Spiris
“A press release on froda.se titled 'Froda och Visma Finance inleder partnerskap inom embedded financing' (listed at froda.se/en/press/press-releases/...) names the Froda–Visma Finance embedded financing partnership.”
Mimo HQ
“August 2025 announcement: 'we've secured a $125M+ embedded funding partnership with Froda to help SMBs access flexible working capital.' Help Centre describes Mimo Flex as a pay-later credit facility to defer vendor bill payments by 30/60/90 days.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Froda? Claim this profile above to unlock your own full list.
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What Froda runs on · from its own dossier
The third-party providers Froda itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Froda.
PSP
Checkout.com
Full dossier with evidence for each layer →
Alternatives to Froda

Other Lending providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Affirm65 buyers →Klarna55 buyers →YouLend46 buyers →Mambu36 buyers →Stripe Capital33 buyers →Wisetack27 buyers →Liberis21 buyers →Afterpay16 buyers →
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Ranked #54 of 254 in Lending — Embedded Finance Index 2026
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Froda — frequently asked

Which companies use Froda?

3 companies are linked to Froda in the Embedded Finance Index 2026, through their own public disclosures or Froda's published customer list, including Ageras, Spiris and Mimo HQ.

What does Froda do?

Froda is an embedded-finance provider in Lending. It ranks #54 of 254 Lending providers by linked companies.

What are the alternatives to Froda?

The most-named Lending alternatives to Froda are Affirm (65 buyers), Klarna (55 buyers), YouLend (46 buyers), Mambu (36 buyers), Stripe Capital (33 buyers) and Wisetack (27 buyers).

Where is Froda headquartered?

Froda is headquartered in Katarinavägen 9, 116 45 Stockholm, Sweden.

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