Stockholm-based Froda has raised â¬20M in a Series B funding round, led by Incore Invest. This investment aims to support Froda's expansion across Europe and enhance its operations by onboarding more embedded finance partners. The funding reflects increased investor interest in the embedded finance model, particularly in a challenging fundraising environment for fintech. Frodaâs leadership emphasizes the company's mission to simplify financing for small and medium-sized enterprises (SMEs) as they experience strong demand for their services throughout Europe.
At Incore Invest, we look for businesses that are not just disrupting markets but fundamentally reshaping them. Froda is a prime example of this.
We're in the middle of a pivotal growth phase for Froda, and seeing strong demand from both new and existing partners across Europe.
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