Finnvera Venture Capital

Export Credit Agencyfinnvera.fi

Company typePublic
Founded2000
HeadquartersKuopio, Finland
Headcount251–500
GTM typeB2B
OfferingServices

Finnvera Venture Capital firmographics

Firmographics

Name: Finnvera Venture Capital
Legal name: Finnvera Oyj
Website: https://finnvera.fi
Company type: Public
Founded year: 2000
Operating status: Operating
Headcount range: 251–500 employees
Ownership category
akta.pro rank

Finnvera Venture Capital industry classification

Industry

Product category: Export Credit Agency
NAICS: Commercial Banking (522110)
SIC: Federal & Federally-Sponsored Credit Agencies (6111), Short-Term Business Credit Institutions (6153)
akta.pro primary industry: Export Credit Agencies (ECAs) & Official Export Finance (FSABAKAC)
akta.pro secondary industries: Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF), Trade Finance, Export Credit & Risk Mitigation (BPADAMAG), Pre-Export & Export Finance (Working Capital, Packing Credit) (FSABAHAG), Structured Trade & Export Credit (ECA-backed, Structured Solutions) (FSABAHAJ), SBA/Government-Backed & Development Finance Loans (FSAKAGAI), Private Credit — Infrastructure Debt & Project Finance (FSAHAJAJ)

Keywords

Export credit agency
SME financing
Export guarantees
Venture capital investments
Development finance

Where Finnvera Venture Capital is headquartered

Location

Headquarters

HQ city: Kuopio
HQ country: Finland
HQ region: Europe

Offices2 records

Markets served

Finnvera Venture Capital business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

Guarantee fees and commission income: Finnvera earns net fee and commission income from export credit guarantees, export guarantees, and special guarantees. Fees include guarantee fees received in advance from early repayments of individual export credit guarantee exposures and breakage fees from undrawn export credit facilities.
Net interest income: Interest income from domestic and export loans, including interest from loans passed on to customers and from debt securities. Interest expenses are incurred on derivatives and debt securities in issue.
Bond issuance funding: Finnvera funds its lending operations by borrowing from international capital markets via EMTN (EUR 17 billion programme) and ECP (EUR 3 billion programme) programmes. Debt issued is explicitly guaranteed by the Republic of Finland. Finnvera also issued a USD 1 billion bond in May 2026.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Finnvera Venture Capital product offering

Product offering

Core offering

Finnvera is Finland's state-owned export credit agency providing export credit guarantees, export financing, and domestic loans and guarantees to Finnish SMEs, midcaps, and large exporters. Through its subsidiary Finnish Export Credit Ltd and in cooperation with partner banks, it offers buyer credit guarantees, supplier credit, working capital guarantees, and direct loans to address financing gaps that the private market does not cover. It also operates Seed Fund Vera Ltd for direct venture capital investments in early-stage enterprises.

Product overview

Finnvera is Finland's official export credit agency and state-owned financing company offering a comprehensive suite of financial products. The portfolio includes core offerings such as Export Credit Guarantees, Export Financing, and SME Guarantees and Loans for domestic operations. Key programmes include a EUR 1 billion Investment Programme for 2026-2027, the Procurement Facility for directing foreign procurement to Finnish exporters, and the Ukraine Investment Framework (SISU) providing EUR 240 million in guaranteed financing. Additional specialized products include Loans for Green Transition and Digitalisation, Climate and Digital Loans backed by InvestEU, and Trade Facilitation services for EPC infrastructure projects. Finnvera operates online services for customers (CustomerPortal) and financiers (FinancierPortal).

Differentiator

Problem solved

Functional benefit

Products and services

Export Credit Guarantees
Export Financing
SME Guarantees
SME Loans
Domestic Guarantees
EUR 1 Billion Investment Programme 2026-2027
Procurement Facility (Shopping Line Financing)
Special Guarantees
Trade Facilitation
Agricultural Sector Financing
Finland's Ukraine Investment Framework (SISU)

Quantifiable outcome

Export financing volumes reached record €7.0 billion in 2025, up 143% from 2024
+3 more outcomes

Companies that use Finnvera Venture Capital

Customer profile

Named customers10 records

Segments6 records

Ideal customer profiles5 records

Finnvera Venture Capital technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Finnvera Venture Capital partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

Team Finland networkcoreStrategic or Co-development PartnerFinnvera cooperates closely with Team Finland partners: Business Finland, Ministry for Foreign Affairs, Finnish Industry Investment Ltd (Tesi), and Economic Development Centres to promote Finnish exports and domestic growth projects. Business screening and trade facilitation initiatives are conducted in close cooperation.
Poland's KUKEminorStrategic or Co-development PartnerFinnvera and Poland's export credit agency KUKE signed a cooperation agreement at the EU ECA Summit in Helsinki in June 2026, strengthening collaboration between the two ECAs.
Metso OyjminorOthersMetso is the principal equipment supplier for EVelution Energy's solar-powered cobalt processing facility in Arizona. Finnvera's Letter of Interest for up to US$70 million in export credit support would support procurement of hydrometallurgical processing equipment and technology from Metso.
Business FinlandcoreStrategic or Co-development PartnerBusiness Finland cooperates with Finnvera as part of the Team Finland network and the EUR 1 billion investment programme targeting large industrial investments in Finland.

Scale indicators13 records

Recent moves8 records

Expansion highlights7 records

Finnvera Venture Capital competitors and assessment

Company assessment

Direct peers

CESCE: Spain's official export credit agency providing credit insurance, guarantees, and financing for Spanish exporters. Directly comparable as a state-backed ECA operating in a similar product scope and serving a comparable SME-and-large-exporter customer base.
KUKE: Poland's export credit agency, recently partnered with Finnvera at the EU ECA Summit. Provides comparable export credit guarantees, insurance, and financing for Polish exporters, with a similar dual domestic-and-export mandate within an EU member state.
GIEK (Norway): Norway's export credit agency providing guarantees, loans, and export credit insurance. Comparable Nordic ECA peer with similar customer profile of large maritime, energy, and capital-goods exporters.
EKF (Denmark): Denmark's export credit agency providing guarantees, loans, and financing for Danish exporters. Comparable as a smaller Nordic ECA with a similar mix of SME guarantees and large-ticket export credit support.
BPI France Export: France's public investment bank and ECA, providing export credit, guarantees, and SME financing. Comparable to Finnvera in its dual mandate for domestic SME financing and large-ticket export credit guarantees, with similar sovereign backing and EU institutional alignment.
UK Export Finance (UKEF): UK's export credit agency providing loans, guarantees, and insurance for UK exporters. Comparable in scope and mandate as a state-backed ECA offering buyer credit financing, with similar exposure to large capital goods exports and EU-aligned programmes.
SACE: Italy's export credit agency, wholly owned by CDP and backed by the Italian state. Provides export credit insurance, guarantees, and financing comparable to Finnvera's product set, with a focus on supporting Italian exporters and serving as a financial partner for large infrastructure projects.
EKN (Sweden): Sweden's export credit agency, the Nordic peer most comparable to Finnvera in mandate, customer profile (large Nordic exporters and SMEs), and product set. Provides guarantees, loans, and export credit insurance with similar Team Finland-equivalent Swedish institutional backing.
Euler Hermes (Allianz Trade): Germany's official export credit agency and the world's largest, providing export credit guarantees, trade credit insurance, and bonding. Directly comparable to Finnvera as a state-backed ECA offering buyer credit guarantees, supplier credit, and working capital solutions to exporters.

Broad incumbents

JBIC (Japan Bank for International Cooperation): Japan's policy-based export credit institution providing large-scale export financing, overseas investment loans, and equity participation. Broader incumbent with a much larger global mandate and balance sheet, but functionally analogous in providing state-backed export credit support.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Finnvera Venture Capital compliance and trust

Trust signal

Compliance3 records

Finnvera Venture Capital financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Finnvera Venture Capital leadership team

Management profile

Number of profiles

Profiles9 records

Finnvera Venture Capital subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Finnvera Venture Capital funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Finnvera Venture Capital M&A and investment

M&A and investment

M&A

Investments93 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Finnvera Venture Capital

What does Finnvera Venture Capital do?

Is Finnvera Venture Capital a public or private company?

Finnvera Venture Capital is a public company. It is classified as state government owned and is currently operating.

When was Finnvera Venture Capital founded?

Finnvera Venture Capital was founded in 2000. It employs 251 to 500 people.

Where is Finnvera Venture Capital based?

Finnvera Venture Capital is headquartered in Kuopio, Finland, in the Europe region.

How does Finnvera Venture Capital make money?

Three revenue lines are on record. Guarantee fees and commission income is the primary driver. The others are net interest income and bond issuance funding.

Who are Finnvera Venture Capital's main competitors?

Direct peers on record are CESCE, KUKE, GIEK (Norway), EKF (Denmark), BPI France Export, UK Export Finance (UKEF), SACE, EKN (Sweden) and Euler Hermes (Allianz Trade). JBIC (Japan Bank for International Cooperation) is listed as a broad incumbent.

Does Finnvera Venture Capital have an API?

No public API is recorded for Finnvera Venture Capital.

What industry is Finnvera Venture Capital in?

Finnvera Venture Capital's product category is Export Credit Agency. Its primary akta.pro industry code is FSABAKAC, Export Credit Agencies (ECAs) & Official Export Finance, with a secondary code of BPADACAF, Export Credit Agencies (ECAs) & Trade Finance Institutions. Its NAICS code is 522110 and its SIC code is 6111.