visimoney
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TLDR:
– Froda, a Swedish fintech company, has entered its seventh market, Ireland, through a partnership with Treyd.
– The expansion is facilitated by Froda Embedded, a platform that allows fintech companies and banks to provide growth financing or business loans.
The Swedish fintech company Froda has demonstrated strong growth in recent years, reaching a valuation of SEK 1.7 billion and providing businesses with over SEK 10.5 billion in financing. With the goal of developing a universally applicable financing solution for small businesses, Froda has expanded internationally by entering its seventh market, Ireland. This expansion is facilitated through a partnership with Treyd, where Froda Embedded serves as a dynamic tech platform enabling seamless integration for providing growth financing or business loans to customers. The partnership aims to offer flexible financing options to merchants in Ireland, further expanding Froda’s presence in the European market.
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