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FundinFolks
FundinFolks is an AI-powered fundraising & angel investing platform that matches founders with the ideal investors for smarter, faster capital raises.
FundinFolks
FundinFolks is an AI-powered fundraising & angel investing platform that matches founders with the ideal investors for smarter, faster capital raises.
General information
Firm type
Asset Manager
Frequently asked questions
What happened to FundinFolks after it was acquired?
FundinFolks was acquired by Norwegian fintech group Kameo in March 2017. Following the acquisition, its platform and loan operations were integrated into Kameo's broader Scandinavian small-business lending infrastructure, and the FundinFolks brand was largely retired in favor of the parent entity's identity.
How did FundinFolks source its borrowers?
FundinFolks sourced small and medium enterprise borrowers primarily through digital channels in Sweden, focusing on companies underserved by traditional banks. The platform relied on public marketing, partnerships, and direct applications from businesses seeking alternatives to conventional bank lending.
Did FundinFolks operate any regulated investment funds?
No. FundinFolks did not operate commingled investment funds. It functioned as a pure lending marketplace where each investor directly funded a fractional share of an individual business loan, bearing borrower-level credit risk rather than fund-level risk.
What type of credit risk did FundinFolks investors take on?
Investors faced direct, unsecured credit exposure to individual small and medium enterprises, with no principal protection, no deposit guarantee, and no diversification mechanism built into the platform beyond an investor's ability to spread capital across multiple loans. Recovery processes were managed by FundinFolks on behalf of lenders according to Swedish legal frameworks.
Is FundinFolks still an active lending platform?
No. Since its acquisition by Kameo in March 2017, the standalone FundinFolks platform has been absorbed into Kameo's operations. Any loan servicing continues under Kameo, but FundinFolks no longer operates as an independent entity or originates new loans under its own brand.
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