
About Folkefinans
Folkefinans is a Financial Services company based in Oslo (Norway) founded in 2006. Consumer lending solutions are offered through multiple brands. The company has 25 employees. Its chief executive, as recorded, is Jens Schau-Hansen. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is Folkefinans AS. Its competitors include Oslo Pensjonsforsikring and STK Finans.
Company details
Folkefinans was founded in 2006 in Oslo, Norway, and operates in the consumer lending sector. Lending solutions are delivered via brands including Frogtail, which provides unsecured loans up to 40,000 NOK or SEK; Folkia (known as Monetti in Sweden), a mobile platform offering loans up to 20,000 NOK or SEK; and Kredit365, focused on microlending up to 5,000 SEK. Operations span Norway and Sweden.
- Headquarters Oslo, Norway
- Employees 25
- SectorsFinancial Services
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- Website folkefinans.com
- Social LinkedIn
- Legal Name Folkefinans As
- Investors
- Employee Count25
Funding Insights of Folkefinans
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Folkefinans with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2015 | Series A | β | β |
1 investors in total: 1 institutional.
Investors in Folkefinans
Folkefinans has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wonga.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Offers quick online loans, installment options, and financial assistance for individuals. | 2007 | wonga.com | London, United Kingdom |
Investor details for Folkefinans
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Folkefinans
1 people are tracked at Folkefinans (1 in leadership); the tracked headcount is 25.
| Name | Role | Group |
|---|---|---|
Jens Schau-Hansen | CEO | Leadership |
Complete people profiles for Folkefinans
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- Team structure
- Board tenure
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Timeline of Folkefinans
2 dated milestones of Folkefinans across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Folkefinans is founded.
- Funding First funding round.
Competitors of Folkefinans
Folkefinans has 2 listed competitors in our database. They include Oslo Pensjonsforsikring and STK Finans.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| opf.no | 2000 | Oslo, Norway | Offers pension schemes, insurance products, and loans through employer-based programs. | |||
| stkfinans.no | 2014 | Oslo, Norway | 2 | Offers platform for comparing and applying various loans in Norway. |
Detailed competitors of Folkefinans
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Frequently Asked Questions about Folkefinans
Folkefinans was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Folkefinans is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Jens Schau-Hansen is the CEO of Folkefinans, as recorded in our data.
Folkefinans has 25 employees.
Folkefinans was founded in 2006 in Oslo, Norway, and operates in the consumer lending sector. Lending solutions are delivered via brands including Frogtail, which provides unsecured loans up to 40,000 NOK or SEK; Folkia (known as Monetti in Sweden), a mobile platform offering loans up to 20,000 NOK or SEK; and Kredit365, focused on microlending up to 5,000 SEK. Operations span Norway and Sweden.
Folkefinans's top competitors include Oslo Pensjonsforsikring and STK Finans.
Folkefinans has 1 investor. Key investors include Wonga.
Folkefinans operates through Folkefinans As.