Froda, a European embedded finance fintech, raised €20 million in a Series B funding round led by Encore Invest to accelerate the expansion of its SME lending platform across Europe. The company, which integrates with banks and payment providers to offer instant financing, reported 30% year-over-year customer growth and has consistently added new embedded partners. With this funding, Froda aims to scale operations, enter new markets, and further its mission to make SME financing easier, fairer, and more accessible.
Froda Secures Series B Funding To Expand Embedded SME Finance Across Europe
