What UKKO.fi does

UKKO.fi is a Finnish fintech founded in 2012 (parent: SPL Company Oy, headquartered in Helsinki) that operates Finland's largest light-entrepreneurship invoicing platform. The company's core product, UKKO Kevytyrittäjä, lets individuals invoice clients as independent contractors without establishing a separate legal entity; UKKO Yrittäjä extends the same stack to registered sole traders (toiminimi) and limited companies (osakeyhtiö) with bookkeeping, VAT returns, and tax filings. The platform is accessed via web browser and native iOS/Android apps and is built around an integrated Finnish tax- and insurance-compliant workflow rather than a stand-alone invoicing widget.

The product surface spans invoicing, bookkeeping, statutory filings, insurance (UKKO Turva), a business account with payment card (UKKO Yritystili), bill payment (UKKO Maksut), instant payouts (UKKO Salamapalkka), invoice financing via Rahoo (UKKO Rahoitus), priority service (UKKO Plus), and international invoicing (UKKO Ulkomaankauppa); UKKO.fi Kesätyötori adds a summer-job marketplace for 14–25-year-olds built with Wolt and Svoop. Underlying technology is a cloud-based financial management platform with mobile clients and partner integrations for financing, distribution, and job matching; the platform is positioned as an integrated one-stop stack rather than a point solution.

UKKO.fi monetizes through a hybrid model: a transaction fee of 5% plus a mandatory 3% UKKO Turva insurance levy on light-entrepreneur invoicing, plus tiered monthly subscriptions (€24.90 LITE, €79.90 Toiminimi, €139.90 Osakeyhtiö) and usage-based add-ons. The go-to-market is product-led, self-serve, and direct-to-consumer, supported by a Finnish-language content funnel (Yrittäjyyskoulu), organic SEO, app stores, and partner referrals. UKKO.fi claims 229,000+ registered users since 2012. In March 2026 Finago announced the acquisition of SPL Company Oy; the transaction remains subject to closing and regulatory approvals, and UKKO.fi is reported to continue operating independently within Finago.

Name

UKKO.fi

Legal name

SPL Company Oy

Website

https://ukko.fi

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

UKKO.fi is a Finnish fintech, founded in 2012, that operates Finland's largest light-entrepreneurship invoicing and bookkeeping platform, serving 229,000+ registered freelancers, sole traders, and limited-company owners with integrated invoicing, tax filings, insurance, and financial-management tools.

Ownership category

akta.pro rank

Product category

Freelancer and Small Business Financial Management

NAICS

Professional Employer Organizations (56133), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)

SIC

Finance Services (6199)

akta.pro primary industry

Professional Employer Organization (PEO) / Co-Employment Services (BPACAHAB)

Keywords

• Light entrepreneurship services
• Freelancer invoicing software
• Small business accounting
• Sole trader bookkeeping
• Entrepreneur financial management

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Light Entrepreneurship Service Fees: UKKO charges a percentage-based service fee on all invoiced amounts. For light entrepreneurs without a Business ID: 5% of invoiced amount plus mandatory 3% UKKO Turva insurance. For light entrepreneurs with a Business ID: 5% of invoiced amount plus mandatory 3% UKKO Turva insurance and 4.90€/month for bookkeeping.
2. Sole Trader (Toiminimi) Services: Monthly subscription services for sole traders including bookkeeping and invoicing. UKKO Yrittäjä LITE at 24.90€/month, standard Toiminimi service at 79.90€/month (first 6 months at 39.90€/month with 50% discount).
3. Limited Company (Osakeyhtiö) Services: Monthly subscription for limited company accounting and invoicing at 139.90€/month, or 119.90€/month with annual subscription.
4. Add-on Services: Additional paid services including UKKO Plus (priority service, 12.90-20€/month), UKKO Salamapalkka (fast payment, 15€ per transfer), UKKO Rahoitus (financing, 5% + 10€ handling fee), UKKO Yritystili (business account, from 15€/month), UKKO Maksut (payments, 9.90€/month), UKKO Turva (insurance), and UKKO Ulkomaankauppa (foreign trade, 10€/month).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

UKKO.fi operates a cloud-based financial management platform that enables freelancers, gig workers, sole traders, and limited company owners in Finland to invoice clients, run bookkeeping, file taxes, process salary payments, and handle business administration without setting up their own company. Core offerings include UKKO Kevytyrittäjä (light entrepreneur invoicing), UKKO Yrittäjä (sole trader and limited company accounting), and a summer job marketplace (UKKO.fi Kesätyötori), supported by add-ons such as business accounts, insurance, payments, financing, and priority service.

Product overview

UKKO.fi is a Finnish fintech company offering a comprehensive suite of entrepreneurship and financial management services. The core offering consists of UKKO Kevytyrittäjä (light entrepreneurship service for invoicing with or without a Business ID) and UKKO Yrittäjä (financial management for sole traders and limited companies, including a budget tier called UKKO Yrittäjä Lite). The portfolio also includes UKKO.fi Kesätyötori, a summer job marketplace connecting young entrepreneurs with households. Add-on services include UKKO Yritystili (business account), UKKO Turva (insurance), UKKO Maksut (invoice payments), UKKO Plus (priority service), UKKO Ulkomaankauppa (international invoicing), UKKO Rahoitus (financing), and UKKO Salamapalkka (fast payments). Educational resources are provided through UKKO Yrittäjyyskoulu. The company was acquired by Finago in March 2026 and continues to operate independently.

Differentiator

Problem solved

Functional benefit

Brands

• UKKO Kevytyrittäjä: Light entrepreneurship service for beginners and occasional invoicers, available with or without a Business ID
• UKKO Yrittäjä
• UKKO.fi Kesätyötori
• UKKO Turva
• UKKO Yritystili
• UKKO Maksut
• UKKO Plus
• UKKO Ulkomaankauppa
• UKKO Rahoitus
• UKKO Salamapalkka
• UKKO Yrittäjyyskoulu

Products and services

• UKKO Kevytyrittäjä (Light Entrepreneur Service)
• UKKO Yrittäjä (Sole Trader and Limited Company Financial Management)
• UKKO Yrittäjä Lite
• UKKO.fi Kesätyötori (Summer Job Marketplace)
• UKKO Yritystili (Business Account)

Quantifiable outcome

• Money transferred to bank account within 2 business days
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered flagship, core and minor.

• FinagoflagshipStrategic or Co-development Partner · 17 March 2026Finago has signed an agreement to acquire UKKO.fi's parent company SPL Company Oy. This acquisition will expand Finago's portfolio to include solutions for light entrepreneurs and micro businesses. UKKO.fi will continue operating independently within the Finago Group. The transaction is subject to customary closing conditions and regulatory approvals, with purchase price remaining undisclosed.
• WoltcoreStrategic or Co-development PartnerUKKO.fi and Wolt collaboration for the UKKO.fi Kesätyötori (Summer Job Marketplace) initiative. Wolt helps connect young entrepreneurs (14-25 years old) with households seeking help with household chores, expanding job opportunities for young people.
• SvoopcoreTechnology or IntegrationSvoop is the technology partner for the UKKO.fi Kesätyötori app, which enables young entrepreneurs to find gigs and connect with households needing help with various tasks. The app is implemented in collaboration with Svoop.
• RahoocoreTechnology or IntegrationFinancing partner for UKKO Rahoitus service that enables entrepreneurs to receive invoice payments up to 14 days faster. Entrepreneurs send invoices through UKKO.fi to Rahoo for early payment if approved.
• Uusi Työ ryminorOthersUKKO.fi is a member of Uusi Työ ry (New Work association), actively participating in dialogue with the Finnish Tax Administration and other authorities to influence entrepreneurship legislation.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Eezy: Finnish staffing and light entrepreneur services company that directly competes with UKKO.fi in the kevytyrittäjyys space, offering invoicing and employment-administration services to freelancers and gig workers in Finland.
• Fennoa: Finnish accounting and invoicing SaaS platform targeting sole traders and small businesses; competes directly with UKKO.fi's UKKO Yrittäjä bookkeeping and limited-company services in Finland.
• Lemonsoft: Finnish ERP and financial management software for SMBs, including bookkeeping, invoicing, and payroll - overlapping with UKKO.fi's sole trader and limited company accounting offerings in the Finnish SMB market.
• Cool Company: Nordic freelancer-focused platform providing invoicing, accounting, and company-formation services across multiple Nordic countries; the most direct international analogue to UKKO.fi's kevytyrittäjyys model.

Broad incumbents

• Visma: Large Nordic provider of accounting, ERP, payroll, and HR software serving SMBs across the Nordics; competes broadly with UKKO.fi's full-stack financial administration suite, though not focused on the light entrepreneur segment.
• Fortnox: Leading Swedish cloud-based business system for SMBs covering accounting, invoicing, and payroll; comparable to UKKO.fi's UKKO Yrittäjä offering as a Nordic accounting SaaS benchmark, though primarily Swedish market.
• Pleo: Danish-headquartered SMB spend management and expense platform with Nordic-wide reach; comparable to UKKO.fi's expense and bill-payment add-ons (UKKO Maksut, UKKO Yritystili) for the freelancer/SMB segment, though focused on corporate cards rather than invoicing.

Emerging players

• Holvi: Finnish-origin business banking and financial management platform (now owned by BBVA) for freelancers and SMBs; overlaps with UKKO.fi's UKKO Yritystili business account and broader financial management positioning in the same Finnish freelancer segment.
• Bokio: Swedish free accounting and invoicing app for small businesses and sole traders; similar product-led, self-serve model to UKKO.fi Yrittäjä LITE, serving freelancers and micro-businesses in the Nordics.

Regional players

• Frilans Finans: Swedish invoicing and payment intermediary service for freelancers that bills clients, handles taxes, and pays freelancers; structurally analogous to UKKO.fi's light entrepreneur service but operating in the Swedish market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ukko_fi
• YouTubeyoutube.com/channel/UC1-I2v7zJbaX0rUvLKQY9PA
• Facebookfacebook.com/419858044714219
• LinkedInlinkedin.com/company/ukko-fi/?originalSubdomain=fi
• Instagraminstagram.com/ukko.fi

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments

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

Frequently asked questions about UKKO.fi