Froda was founded in 2015 and is today one of Sweden’s fastest-growing fintech startups. Our mission is to challenge the traditional banking industry by offering a data-driven and digital financial product built specifically for entrepreneurs — a segment widely neglected by traditional banks. More information at froda.se.
The fast-growing fintech company Froda is expanding its business and is now launching a savings offering service. Froda is the first fintech company to qualify for the Swedish National Debt Office’s guarantee program “Företagsakuten”, a measurement commissioned by the Government with the aim to mitigate the negative economic effects of the coronavirus. This means that companies can apply for favorable loans with government guarantees from Froda.
Our vision is that business loans should be fair and simple. We have therefore developed a completely digital service with smart credit assessment, and we are now adding a savings offering. It is important for us to work with like-minded partners and the choice of Vilja and their cloud-based banking services was easy. All functions and integrations are in place in a modern flexible platform. For us, it was also important to be and running quickly and smoothly. We are very satisfied with the implementation of the solution, which only took six weeks.
• Superior customer experience: Modern “My Pages” built for self-service and automation
• User friendly and extensive back-office: Designed for easy product management, smooth servicing and rich compliance functionality
• Complete end-to-end solution with modular approach: Cover the full customer life cycle, KYC & servicing, both at onboarding and recurring
