Release Finans

Umea, Sweden Founded: 2013 • Age: 13 yrs Acquired By Nordiska
Provider of B2B sales financing solutions and strategic partnerships

About Release Finans

Release Finans is a Financial Services company based in Umea (Sweden) founded in 2013, and was acquired by Nordiska in January 2024. Provider of B2B sales financing solutions and strategic partnerships. Release Finans offers products and services including Funktionshyra, Hyra, Leasing, Rent & Return, and Prelease.se. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is Release Finans AB. Its competitors include Capcito, Creditive and Krea; 2 of its 3 listed competitors have raised funding.

Company details

Release Finans was founded in 2013 in Umea, Sweden, within the financial services sector. B2B financing options are offered, including functional rentals, leasing, and rent-and-return programs for mobile phones. A partner portal is maintained to manage sales processes and streamline operations. All-risk insurance coverage is available for rented equipment. Emphasis is placed on straightforward financing arrangements to support business expansion through collaborations.

  • Headquarters Umea, Sweden
  • Stage Acquired
  • Sectors
    Financial Services
  • Email
    ••••••••
  • Phone
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  • Website releasefinans.se
  • Social LinkedIn Facebook Instagram
  • Acquired by Nordiska (Jan 2024)
  • Legal Name Release Finans Ab
Key Metrics

Products & Services of Release Finans

Release Finans offers a comprehensive portfolio of products and services, including Funktionshyra, Hyra, Leasing, Rent & Return, and Prelease.se.

Funktionshyra
Leasing Service

Equipment rental with included services for minimal administration.

Hyra
Rental Service

Rental solution for quickly evolving or upgradable equipment.

Leasing
Financing Service

Long-term financing for equipment with retention options.

Rent & Return
Sustainable Financing

Cost-effective mobile phone financing with return and recycling.

Prelease.se
Partner Tool

Online portal for partners to manage sales and transactions.

Replace™
Insurance Service

All-risk insurance for rented equipment with low deductibles.

Investors in Release Finans

Release Finans has secured backing from 1 investor. Prominent investors backing the company include Nordiska.

All
InvestorDescriptionFounded YearDomainLocation
Business loans are provided to enterprises by Nordiska.
2008nordiska.seStockholm, Sweden
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Investor details for Release Finans

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  • Round participation
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People of Release Finans

8 people are tracked at Release Finans (1 in leadership, 7 in team).

NameRoleGroup
Eric Åström
CEOLeadership
Robin Ödling
UtvecklareTeam
Magnus Lennemo
Key Account ManagerTeam
Vilhelm Falk
SalesTeam
Jesper Wallin
Specialistfinans Leasing Och HyreslösningarTeam
Richard Månsson
LedningsgruppenTeam
Fanny Lejon
Digital VerksamhetsutvecklareTeam
Inger Duchek
RegelefterlevnadsansvarigTeam
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Complete people profiles for Release Finans

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  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of Release Finans

2 dated milestones of Release Finans across 11 years, from founding to its latest funding, stage changes and deals.

  1. Founded Release Finans is founded.
  2. Exit Acquired by Nordiska.

Competitors of Release Finans

Release Finans has 3 listed competitors in our database, 2 of them funded. They include Capcito, Creditive and Krea.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
capcito.com2014Stockholm, Sweden$11.38M
Business Loans and Invoice Financing platform
creditive.se2017Malmo, Sweden$32,289
Financial planning software is offered for small and medium-sized businesses.
krea.se2018Stockholm, Sweden
Online platform offering loans for businesses
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Detailed competitors of Release Finans

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  • Operating metrics
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Web traffic of Release Finans

The website of Release Finans (releasefinans.se) receives about 3.4K visits a month.

  • Monthly visits
    3.4K

    ▼ 9.4% vs previous month

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Related news about Release Finans

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Frequently Asked Questions about Release Finans

Release Finans was founded in 2013.

Release Finans is headquartered in Umea, Sweden.

Release Finans was founded in 2013 in Umea, Sweden, within the financial services sector. B2B financing options are offered, including functional rentals, leasing, and rent-and-return programs for mobile phones. A partner portal is maintained to manage sales processes and streamline operations. All-risk insurance coverage is available for rented equipment. Emphasis is placed on straightforward financing arrangements to support business expansion through collaborations.

Release Finans's top competitors include Capcito, Creditive and Krea.

Release Finans offers Funktionshyra, Hyra, Leasing, Rent & Return, and 2 more products and services.

Release Finans has 1 investor. Key investors include Nordiska.

Release Finans operates through Release Finans Ab.

Yes. Release Finans was acquired by Nordiska in January 2024.

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