The Ferratum Group

What The Ferratum Group does

Multitude SE (formerly The Ferratum Group) is a Helsinki-listed (ticker: MULTITUDE) Nordic-born digital financial services group founded in 2005 that operates as a fully regulated growth platform for fintech, delivering products across nearly 20 countries in Europe. The group is organized into three wholly-owned operating business units: Ferratum, which provides consumer banking services targeting small, short-term, unplanned financial needs; CapitalBox, which delivers growth financing to European SMEs; and Multitude Bank, a wholesale banking unit (also operating under the Sweepbank brand) that provides bespoke funding solutions for business expansion.

The underlying platform supports consumer banking, SME banking, and wholesale banking operations through a digital-first architecture, with the parent entity holding multiple regulated subsidiaries (Multitude AG, Multitude Capital Oyj, Multitude Bank) and maintaining Fitch credit ratings to support a fixed income instrument program. Multitude also positions the platform as a serviceable offering to external fintech businesses — providing tech and regulatory know-how, cross-resourcing, and funding tools on a subscription basis — making the platform both balance-sheet lender and infrastructure provider.

Revenue is generated primarily through interest and fees on consumer and SME lending products (transaction-fee model) across the three internal business units, augmented by subscription/recurring fees from Growth Platform Services sold to external partners. The company is publicly listed with active investor relations, capital markets day events, and a share buyback program, and maintains a multi-channel digital marketing and investor communications footprint.

Name

The Ferratum Group

Legal name

Multitude SE

Website

https://ferratumgroup.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Multitude SE is a Helsinki-listed Nordic fintech operating as a regulated growth platform for digital financial services across nearly 20 countries, with three business units — Ferratum (consumer banking), CapitalBox (SME financing), and Multitude Bank (wholesale banking) — and a growing platform-services offering for external fintech partners.

Ownership category

akta.pro rank

Product category

Digital Banking and Lending

NAICS

Commercial Banking (522110), Depository Credit Intermediation (5221)

SIC

National Commercial Banks (6021), State Commercial Banks (6022)

akta.pro primary industry

Digital Banking & Neobank Platforms (BPAMAFAD)

akta.pro secondary industries

SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations) (FSAGAAAI), Digital Retail Banking (Online & Mobile) (FSABAAAF), SME Cash Management & Payments (Merchant, ACH/Wires, Payroll) (FSABABAD)

Keywords

• Consumer lending
• SME financing
• Digital banking
• Wholesale banking
• Fintech platform

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Consumer Banking - Ferratum: Digital financial services for consumers' small, short-term, unplanned financial needs. Revenue generated from interest and fees on consumer lending products.
2. SME Banking - CapitalBox: Growth financing for SMEs, serving as the backbone of the European economy. Revenue generated from SME lending products and related financial services.
3. Wholesale Banking - Multitude Bank: Bespoke funding solutions for business expansion. Revenue from wholesale banking services including funding facilities and lending products.
4. Growth Platform Services: Tech- and regulatory know-how, tools, cross-resourcing opportunities, and funding know-how provided to external businesses through the growth platform.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Multitude operates a regulated FinTech growth platform delivering digital financial services across three internal business units: Ferratum (consumer banking for small, short-term, unplanned financial needs), CapitalBox (growth financing for SMEs), and Multitude Bank/Sweepbank (wholesale banking providing bespoke funding solutions for business expansion). Services are delivered digitally across nearly 20 countries.

Product overview

Multitude is a platform-plus-modules fintech ecosystem consisting of three internal business units operating under distinct brands: Ferratum (consumer banking), CapitalBox (SME banking), and Multitude Bank/Wholesale Banking (sweepbank). The platform serves as a growth platform that provides tech and regulatory know-how, cross-resourcing and selling opportunities, and funding expertise to enable both internal business units and external partners to scale faster than they could independently.

Differentiator

Problem solved

Functional benefit

Brands

• Ferratum: Consumer banking brand serving consumers' small, short-term, unplanned financial needs.
• CapitalBox
• Multitude Bank
• Sweepbank

Products and services

• Ferratum (Consumer Banking)

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Placet GroupcoreStrategic or Co-development Partner · 1 January 2026Multitude strengthened cooperation with Placet Group through a EUR 16 million Nordecum facility. This partnership represents a significant capital deployment and strategic cooperation between the two FinTech entities, with the Nordecum facility being a notable contract win in H1 2026.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Borro: Alternative lender providing asset-backed short-term credit. Adjacent comparable for Multitude's Ferratum short-term, unplanned-needs consumer credit positioning.

Direct peers

• Zopa: UK digital bank combining personal loans, savings, and credit cards. Comparable to Multitude's consumer-facing Ferratum brand operating across European markets with a regulated banking license.
• Funding Circle: UK-headquartered digital marketplace lender focused on SME loans across Europe. Directly comparable to Multitude's CapitalBox SME financing unit in customer segment and online origination model.
• Klarna: European digital consumer credit and BNPL provider serving both consumers and merchants with short-term financing. Direct competitor to Multitude's Ferratum consumer book and increasingly to its SME/merchant financing ambitions.
• OakNorth Bank: UK-chartered digital bank specializing in SME and mid-market lending with proprietary credit technology. Comparable to Multitude's combination of Multitude Bank wholesale lending and CapitalBox SME unit.
• iwoca: European fintech providing flexible working capital and growth loans to SMEs via a digital platform. Competes head-to-head with CapitalBox in the small-ticket SME lending segment across multiple European markets.
• Younited Credit: European consumer credit platform operating across multiple EU countries, offering personal loans and BNPL. Closely overlaps with Multitude's Ferratum multi-country consumer lending franchise.
• Tide: UK/India digital business banking platform for SMEs offering accounts, invoicing, and integrated lending. Overlaps with Multitude's digital SME banking suite around CapitalBox.

Broad incumbents

• Revolut: Large European neobank offering consumer accounts, payments, and increasingly consumer/SME lending. Operates broadly in the same digital financial services space as Multitude but at significantly greater scale.
• Starling Bank: UK-regulated digital challenger bank providing retail and SME banking. Comparable in the digital-banking-plus-lending mix but serves a more domestic UK market versus Multitude's 20-country footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ferratumgroup
• Facebookfacebook.com/MultitudeSE
• LinkedInlinkedin.com/company/77228579

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 The Ferratum Group