CrediNord

CrediNord is an online lending platform for SMEs, offering quick approval and solving cash flow challenges.

General Information
Company Name
CrediNord
Founded Year
2019
Location (Offices)
Finland +1
Founders / Decision Makers
Number of Employees
6
Industries
B2B, Finance, Financial Services +2
Funding Stage
Debt Financing
Social Media

CrediNord - Company Profile

CrediNord is an online lending platform for SMEs, offering quick approval and solving cash flow challenges. The Finland-based startup, founded in 2019, is an AISP licensed online platform focused on lending to SMEs and Micro-Enterprises. It aims to revolutionize business lending across Europe by providing quicker and smarter lending solutions than traditional banks. CrediNord's inception was driven by the dissatisfaction among business owners with inadequate lending services, leading the founders to redefine lending services for smaller businesses. They believe that obtaining a business loan should not be a rigorous, complex, or time-consuming process. The latest investment of €40.00M Debt Financing was secured by CrediNord on 01 December 2021, with Pario Ventures as the investor. This funding is indicative of investor confidence in the potential of CrediNord's business model and its ability to address the crucial need for accessible and efficient lending solutions for SMEs. CrediNord's focus on addressing the cash flow challenges faced by business owners positions it as a promising player in the Finance, Financial Services, Fintech, and Banking industries. As the company continues to expand its reach and impact in Europe, its dedication to facilitating SME growth and supporting the core business operations of its clients strengthens its position in the market. The innovative approach to business lending and the recent significant investment pave the way for CrediNord's continued growth and success in the SME lending space.

Taxonomy: online lending platform, SMEs, cash flow management, AISP licensed, business loans, quick approval, European market, micro-enterprises, alternative lending, challenger bank, disruption, small business finance, entrepreneurship

Funding Rounds & Investors of CrediNord (5)

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Funding Stage Amount No. Investors Investors Date
Debt Financing €40.00M 1 01 Dec 2021
Seed Round €1.00M - 01 Jun 2021
Debt Financing €5.00M - 23 Nov 2020
Angel Round €429.00K - 01 Feb 2020
Debt Financing €2.00M - 01 Jul 2019

Latest News of CrediNord

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No recent news or press coverage available for CrediNord.

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