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Series B Round

Funding Details

Froda is an embedded finance player focused on providing financing solutions for small and medium-sized businesses (SMEs) in Europe. The company aims to empower entrepreneurs by simplifying access to financing through digitization and machine learning. The recent funding will be utilized to accelerate its European expansion and enhance its data-driven financing offerings, allowing SMEs to access tailored financial products that meet their unique needs. With a focus on innovation, Froda leverages advanced algorithms to assess creditworthiness and provide quick financing options, making it a vital partner for SMEs looking to grow. The company is committed to fostering economic growth by supporting the backbone of the economy—small and medium-sized enterprises. Froda's solutions are designed to reduce the complexities of traditional financing, enabling SMEs to thrive in a competitive market.

Confidence Score
Data extraction confidence: 90%
Participating Investors

Incore Invest is an investment firm focusing on growth-stage investments in the European tech sector. The firm is led by Nicolai Chamizo and aims to s...

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