The Ferratum Group
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.
- Company typePublic
- Founded2005
- HeadquartersHelsinki, Finland
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
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.
The Ferratum Group firmographics
Firmographics- 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
The Ferratum Group industry classification
Industry- 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
Where The Ferratum Group is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices1 record
Markets served
The Ferratum Group business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Consumer Banking - Ferratum: Digital financial services for consumers' small, short-term, unplanned financial needs. Revenue generated from interest and fees on consumer lending products.
- 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.
- Wholesale Banking - Multitude Bank: Bespoke funding solutions for business expansion. Revenue from wholesale banking services including funding facilities and lending products.
- 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
The Ferratum Group product offering
Product offeringCore 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)
Companies that use The Ferratum Group
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
The Ferratum Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
The Ferratum Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Placet GroupcoreMultitude 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
The Ferratum Group competitors and assessment
Company assessmentEmerging 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
The Ferratum Group social profiles
Digital presenceThe Ferratum Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Ferratum Group leadership team
Management profileNumber of profiles
The Ferratum Group subsidiaries and ownership
Company hierarchySubsidiaries3 records
The Ferratum Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Ferratum Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Ferratum Group
What does The Ferratum Group do?
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.
Is The Ferratum Group a public or private company?
The Ferratum Group is a public company. It is classified as public and is currently operating.
When was The Ferratum Group founded?
The Ferratum Group was founded in 2005. It employs 501 to 1,000 people.
Where is The Ferratum Group based?
The Ferratum Group is headquartered in Helsinki, Finland, in the Europe region.
How does The Ferratum Group make money?
Four revenue lines are on record. Consumer Banking - Ferratum is the primary driver. The others are SME Banking - CapitalBox, wholesale Banking - Multitude Bank and growth Platform Services.
Who are The Ferratum Group's main competitors?
Borro is listed as an emerging player. Direct peers are Zopa, Funding Circle, Klarna, OakNorth Bank, iwoca, Younited Credit and Tide. Broad incumbents are Revolut and Starling Bank.
Does The Ferratum Group have an API?
No public API is recorded for The Ferratum Group.
What industry is The Ferratum Group in?
The Ferratum Group's product category is Digital Banking and Lending. Its primary akta.pro industry code is BPAMAFAD, Digital Banking & Neobank Platforms, with a secondary code of FSAGAAAI, SME Banking Suite (Business Accounts, Invoicing, Payroll Integrations). Its NAICS code is 522110 and its SIC code is 6021.