Froda
CompanySwedish fintech startup Froda has secured a $22.7 million (€20 million) Series B round led by Incore Invest, also based in Sweden. The move bucks the trend of a slight slowdown in investments into fintech, plus a further confirmation of the long-term trend toward the “embedded finance” model.
Date
Apr 23, 2025
Category
fintech
Lead investor
Incore
Stage
Series B
Size
$23M
Lerer Hippeau
Thrive Capital
Founders Fund
Lachy Groom
Menlo Ventures
Battery Ventures
pebblebed
Sequoia
Benchmark
TQ Ventures
Kleiner Perkins
Initialized Capital