Froda operates an online lending platform that streamlines the loan process for SMEs by minimizing paperwork and delivering rapid credit decisions. The company has increasingly focused on embedded finance solutions since 2021, allowing partners to integrate Froda’s lending capabilities directly into their own offerings as part of an international expansion strategy. Froda first partnered with the European Investment Fund (EIF) in 2022 to improve micro-enterprise financing and has now expanded that collaboration across all 27 EU member states. SMEs financed through Froda have shown an average revenue growth of 131% within their first year after receiving capital, underscoring the platform’s impact. With a new EIF guarantee that lifts its lending capacity to €150 million, Froda plans to serve up to 10,000 SMEs across Europe. The company views this enhanced guarantee as a cornerstone for creating a pan-European financing ecosystem that supports cross-border growth for both Froda and its embedded finance partners.

Total raised

$140M

Funding rounds

2

Latest round

Series B

Latest activity

Apr 2025