FundingPartner
Gaustadalléen 21, Oslo, 0349, Norway
Overview
Founded in 2018, FundingPartner runs a digital marketplace where small investors can lend capital directly to companies. The platform has facilitated more than NOK 3 billion in loans since launch, and current demand is strong enough that new loans are fully subscribed within minutes. Despite this volume, the firm has yet to reach profitability; 2022 revenue slipped to NOK 38.9 million from NOK 40.0 million, and the company posted a loss of nearly NOK 7 million. Management attributes the revenue dip to historically weak activity in the Norwegian new-build housing market. Earlier this year CEO and founder Geir Atle Bore warned that the company might relocate to Sweden if Norway failed to align its crowdfunding rules with EU standards, but pending regulatory changes appear to resolve that concern. The recent capital raise values FundingPartner at about NOK 230 million, down 22 percent from its NOK 294 million valuation in 2021.
- Total raised
- $1M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Sep 2025
Industries
- Financial Services
Recent funding
Equity
Sep 2025
$1M