About Folkefinans
Folkefinans is a company based in Oslo (Norway) founded in 2006.. The company has 25 employees as of December 31, 2019. Folkefinans operates in a competitive market with competitors including Oslo Pensjonsforsikring and STK Finans, among others.
- Headquarter Oslo, Norway
- Employees 25 as on 31 Dec, 2019
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Folkefinans As
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
25
as on Dec 31, 2019
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Funding Insights of Folkefinans
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2015 | Amount | Series A - Folkefinans | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Folkefinans
Folkefinans has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wonga. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Offers quick online loans, installment options, and financial assistance for individuals.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Folkefinans
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Folkefinans
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Folkefinans Comparisons
Competitors of Folkefinans
Folkefinans operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Oslo Pensjonsforsikring and STK Finans, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Offers pension schemes, insurance products, and loans through employer-based programs.
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| domain | founded_year | HQ Location |
Offers platform for comparing and applying various loans in Norway.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Folkefinans
When was Folkefinans founded?
Folkefinans was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is Folkefinans located?
Folkefinans is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Who is the current CEO of Folkefinans?
Jens Schau-Hansen is the current CEO of Folkefinans.
How many employees does Folkefinans have?
As of Dec 31, 2019, the latest employee count at Folkefinans is 25.
What does Folkefinans do?
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.
Who are the top competitors of Folkefinans?
Folkefinans's top competitors include Oslo Pensjonsforsikring and STK Finans.
Who are Folkefinans's investors?
Folkefinans has 1 investor. Key investors include Wonga.