Tessin
Tessin is a Nasdaq First North-listed Swedish fintech operating a real estate crowdfunding platform that connects property developers with retail investors, having facilitated over 5.4 billion SEK across 556+ secured property loans and 65,000+ members since 2014.
- Company typePublic
- Founded2014
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Tessin does
Tessin is a Swedish fintech operating a digital crowdfunding platform that connects property developers seeking financing with retail investors seeking real estate-backed investment returns. Founded in 2014 and headquartered at Klara Norra Kyrkogata 29 in Stockholm, the company facilitates secured property loans with advertised annual returns of 10-11% and terms of 7-18 months, with property collateral and a syndicated loan structure (where multiple investors contribute to a single loan) providing security. The company is publicly traded on Nasdaq First North as Tessin Nordic Holding AB and is registered as a financial institution with Finansinspektionen, the Swedish Financial Supervisory Authority.
The platform operates a two-sided marketplace serving Swedish individual retail investors and property developers/project owners. Since inception, Tessin has facilitated over 5.4 billion SEK across 556+ projects with 65,000+ registered members. Its product suite includes the core crowdfunding platform, Tessin Premium (a tiered membership offering priority project access for investors deploying 500,000+ SEK annually or holding 100,000+ Tessin shares), Nordic Bridge Fund (a managed portfolio alternative to direct project selection), and loan administration services delivered through partner Nordic Loan Agent, which represents lenders, monitors collateral, administers voting, and manages collections. The company employs 11-50 people.
Revenue is generated through two primary streams: transaction fees on intermediated loans and subscription revenue from the Premium tier. Go-to-market is product-led and direct-to-consumer, with content marketing via the Fastighetsprofilerna podcast and blog featuring prominent Swedish real estate figures (Erik Selin of Balder, Urban Edenström of Stronghold), email newsletters for registered users, and gated e-book downloads ("9 steg till en lyckad fastighetsinvestering") for top-of-funnel investor acquisition. The platform is free to register; investors pay only when funding specific projects. Notable partnerships include Nordic Loan Agent (core operational loan agent) and Stronghold (proptech investor with board representation via Daniel Kraft).
Tessin firmographics
Firmographics- Name
- Tessin
- Legal name
- Tessin Nordic AB
- Website
- https://tessin.com
- Company type
- Public
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Tessin is a Nasdaq First North-listed Swedish fintech operating a real estate crowdfunding platform that connects property developers with retail investors, having facilitated over 5.4 billion SEK across 556+ secured property loans and 65,000+ members since 2014.
- Ownership category
- akta.pro rank
Tessin industry classification
Industry- Product category
- Real Estate Crowdfunding
- NAICS
- Mortgage and Nonmortgage Loan Brokers (522310)
- SIC
- Loan Brokers (6163)
- akta.pro primary industry
- Marketplace & Loan Aggregation Platforms (Borrower-Lender Matching) (FSAGAHAL)
Keywords
Where Tessin is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Tessin business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Transaction fees on loans: Tessin facilitates real estate loans between developers seeking financing and investors. The platform charges fees for this intermediation service. Loan agents (Nordic Loan Agent) are appointed to represent lenders and administer the loans.
- Tessin Premium membership: Premium membership program offering priority access to projects, preferential allocation, and exclusive investor events. Requires minimum investment of 500,000 SEK annually or 100,000+ Tessin shares for shareholder benefit.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Standard account - free registration with access to public projects |
| Subscription | Annual | Tessin Premium - priority access for high-value investors |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels4 records
Tessin product offering
Product offeringCore offering
Tessin operates a digital crowdfunding platform that connects Swedish property developers seeking financing for their projects with retail investors looking to invest in secured real estate loans. The platform facilitates lending arrangements where each loan typically has between 1 and 200 lenders, with loans secured by property collateral and offering 10-11% annual returns over 7-18 month terms. The company is registered as a financial institution with Finansinspektionen and supplements its core platform with a Premium membership tier, a managed fund (Nordic Bridge Fund), and third-party loan administration through Nordic Loan Agent.
Product overview
Tessin operates as a real estate crowdfunding platform that connects property developers seeking financing with individual investors. The core offering is the Tessin Crowdfunding Platform, supplemented by Tessin Premium (a tiered membership program providing priority access to deals), the Nordic Bridge Fund (a managed fund alternative), and third-party loan administration services through Nordic Loan Agent. Additionally, educational resources such as the e-book '9 steg till en lyckad fastighetsinvestering' support investor onboarding. The platform facilitates direct lending to real estate projects, with loans typically secured by property collateral, offering returns of 10-11% annually with terms of 7-18 months.
Differentiator
Problem solved
Functional benefit
Brands
- Tessin Premium: A membership program for investors who have invested at least 500,000 SEK through the platform in the past year, offering priority access to new investment projects and preferential allocation.
- Nordic Loan Agent
- Nordic Bridge Fund
Products and services
- Tessin Crowdfunding Platform A self-service digital crowdfunding platform where registered investors browse real estate projects listed by property developers and invest directly in secured property loans. Each loan typically has 1-200 lenders, offers 10-11% annual returns over 7-18 month terms, and is backed by property collateral. The platform includes project tracking and transparent reporting of project progress to investors.
- Tessin Premium A premium membership program offering priority project access before other investors, preferential allocation in oversubscribed deals, and exclusive investor events. Requires either a minimum of 500,000 SEK invested through the platform in the trailing 12 months or ownership of at least 100,000 shares in Tessin Nordic Holding AB.
- Nordic Bridge Fund A managed investment fund offering investors diversified exposure to a portfolio of real estate loans facilitated through the Tessin platform, providing an alternative to direct project-by-project investing for those seeking a hands-off approach.
- Nordic Loan Agent Services Third-party loan administration services for syndicated real estate loans on the Tessin platform, including representing lenders (1-200 per loan), holding collateral security, administering voting procedures, and managing debt collection in cases of default or delayed repayment. The Nordic Loan Agent team has over 35 years of combined experience from law firms and collection agencies.
Quantifiable outcome
- Projects funded: 556+
- +2 more outcomes
Companies that use Tessin
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Tessin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Tessin partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Nordic Loan AgentcoreNordic Loan Agent serves as the loan agent for all loans facilitated through Tessin's platform. They represent lenders, monitor borrower compliance, administer voting procedures, and manage collections in case of default. The team has over 35 years of combined experience from law firms and collection agencies.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Tessin competitors and assessment
Company assessmentDirect peers
- Kameo: Swedish/Nordic real estate crowdfunding platform that matches property developers with private investors on secured property loans. Most directly comparable to Tessin by geography, product (loan-based real estate crowdfunding), and target customer (retail investors seeking property exposure).
- Savelend: Swedish P2P lending marketplace that matches retail lenders with consumer and SME borrowers. Comparable marketplace model, Swedish regulation under Finansinspektionen, and similar retail investor base, though broader than real estate.
- FundedByMe: Nordic equity- and lending-based crowdfunding platform operating in Sweden with similar self-service marketplace mechanics and retail investor onboarding model, though covering multiple asset classes beyond real estate.
Broad incumbents
- CrowdStreet: US real estate crowdfunding platform offering individual investors access to commercial real estate deals. Comparable marketplace model and target audience (retail investors seeking property exposure), but operating in a different geography and focused on equity-style deals.
- Fundrise: US-based real estate investment platform serving retail investors with diversified property portfolios. Comparable in democratizing real estate investing for retail users, but much larger scale and operates eREITs/funds rather than project-by-project loans.
- LendingClub: US P2P lending marketplace connecting borrowers with individual and institutional investors. Comparable marketplace/loan-aggregation architecture and fee-based revenue model, though serving consumer rather than real estate credit.
- Funding Circle: UK-based P2P lending platform connecting SMEs with retail and institutional investors. Directly comparable marketplace model with similar borrower-lender matching mechanics, though focused on small business rather than real estate lending.
- LendInvest: UK property finance platform providing short-term, development, and buy-to-let mortgages funded by individual and institutional investors. Closely comparable to Tessin's property-development loan intermediation model, though operating in the UK and at larger scale.
- RealtyMogul: US online real estate investment platform offering individual investors access to private market real estate deals and REITs. Comparable democratization of real estate investing for retail users, with overlapping value proposition even though primarily equity-based.
Regional players
- Bolånet.se: Swedish mortgage broker/loan intermediary connecting consumers with lenders. Comparable Swedish loan-brokerage model and Finansinspektionen oversight, though focused on residential mortgages rather than development lending to investors.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Tessin social profiles
Digital presenceTessin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tessin leadership team
Management profileNumber of profiles
Profiles6 records
Tessin funding detail
Funding detailFunding overview
Funding rounds4 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tessin M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tessin
What does Tessin do?
Tessin operates a digital crowdfunding platform that connects Swedish property developers seeking financing for their projects with retail investors looking to invest in secured real estate loans. The platform facilitates lending arrangements where each loan typically has between 1 and 200 lenders, with loans secured by property collateral and offering 10-11% annual returns over 7-18 month terms. The company is registered as a financial institution with Finansinspektionen and supplements its core platform with a Premium membership tier, a managed fund (Nordic Bridge Fund), and third-party loan administration through Nordic Loan Agent.
Is Tessin a public or private company?
Tessin is a public company. It is classified as public and is currently operating.
When was Tessin founded?
Tessin was founded in 2014. It employs 11 to 50 people.
Where is Tessin based?
Tessin is headquartered in Stockholm, Sweden, in the Europe region.
How does Tessin make money?
Two revenue lines are on record. Transaction fees on loans are the primary driver. The others are tessin Premium membership.
Who are Tessin's main competitors?
Direct peers on record are Kameo, Savelend and FundedByMe. Broad incumbents are CrowdStreet, Fundrise, LendingClub, Funding Circle, LendInvest and RealtyMogul. Bolånet.se is listed as a regional player.
Does Tessin have an API?
No public API is recorded for Tessin.
What industry is Tessin in?
Tessin's product category is Real Estate Crowdfunding. Its primary akta.pro industry code is FSAGAHAL, Marketplace & Loan Aggregation Platforms (Borrower-Lender Matching). Its NAICS code is 522310 and its SIC code is 6163.