CapIQ Finance

What CapIQ Finance does

CapIQ Finance (CapIQ Finans) is a Sweden-registered financial institution operating from Kungsbacka, Sweden, founded in 2019 by entrepreneur Jonny Aderby. The company provides invoice-related working capital solutions to Swedish small and medium-sized enterprises (SMEs), startups, and sole traders that face cash flow gaps caused by long customer payment terms of 30–120 days or difficulty obtaining traditional bank financing due to limited credit history. CapIQ differentiates itself by evaluating applicants on "future payment ability" rather than historical credit, explicitly serving customers with prior payment remarks (anmärkningar) who are typically declined by mainstream banks.

The company's core product suite centers on factoring and invoice management. Fakturaköp (invoice purchase) is offered with and without recourse (regress), alongside Fakturabelåning (invoice pledging for longer-term financing), Full Factoring, Delfactoring (partial factoring), and Reverse Factoring. Supporting services include Fakturatjänst with tiered packages (Flex, Bas, Volym) for invoice distribution and reminder handling, Påminnelseservice, Ombudsinkasso (collection agency coordination), Företagslån (business loans of 20,000–1,000,000 SEK with 1–48 month terms), and Fordringsköp (debt portfolio purchase). An investment product, Preferensaktier (preference shares paying quarterly dividends), is also offered to retail investors, suggesting a vertically integrated capital model where investor funding supports SME lending operations.

CapIQ monetizes through transaction-based fees (0.99%–4% on factored invoices), per-invoice service fees starting from 13.25 SEK, fixed monthly credit costs based on utilized credit, and collection-related charges. Its technology stack is built around automated invoice workflows, an API for invoice submission, and pre-built integrations with the three dominant Swedish accounting platforms — Visma eEkonomi, Fortnox, and BL — along with BankID for digital contract signing, Scrive for e-signatures, and Creditsafe and Bisnode for credit decisioning. The company distributes through a self-serve web portal (app.capiq.se), an inside sales team operating Swedish business hours, a partner referral program targeting accountants and bookkeepers, and localized SEO pages for Stockholm, Gothenburg, and Malmö. It is supervised by Finansinspektionen and compliant with GDPR and Swedish anti-money-laundering regulations.

Name

CapIQ Finance

Legal name

CapIQ Finans

Website

https://capiq.se

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

CapIQ Finance (CapIQ Finans) is a Sweden-registered Finansinspektionen-supervised financial institution offering invoice factoring, invoice pledging, business loans, and invoice administration services to Swedish SMEs and startups facing cash flow gaps.

Ownership category

akta.pro rank

Product category

Invoice Factoring & SMB Lending

NAICS

Credit Intermediation and Related Activities (522)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Invoice Financing & Factoring (FSAKAGAC)

Keywords

• Invoice factoring services
• Small business lending
• Accounts receivable management
• Debt collection services
• Alternative business financing

Headquarters

HQ city

Kista

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Factoring Fees: Transaction-based fees charged as a percentage of invoice amounts sold or financed. Fees range from 0.99% to 4% depending on creditworthiness and invoice characteristics.
2. Monthly Credit Fees: Fixed monthly costs based on utilized credit, rather than traditional interest. Individual pricing based on company credit assessment and guarantor information.
3. Facturaservice Fees: Per-invoice fees for invoice service, distribution, and collection management. Starting from 13.25 SEK per invoice for printing, mailing, and collection services.
4. Collection Services: Free collection service included with factoring. Additional services such as forced reminder handling available for volume customers at negotiated rates.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

CapIQ Finance provides factoring and business financing services to Swedish small and medium-sized enterprises. Its core offerings include invoice purchase (Fakturaköp, with and without recourse), invoice pledging (Fakturabelåning), and business loans of 20,000 to 1,000,000 SEK with 1-48 month repayment terms. The company also runs Fakturatjänst (Invoice Service) handling invoice distribution, payment reminders, and debt collection, all delivered through a digital self-serve portal with BankID signing.

Product overview

CapIQ Finance offers a comprehensive suite of factoring and business financing services for Swedish small and medium-sized enterprises. The core product portfolio centers on invoice-related services: Fakturaköp (invoice purchase with/without recourse) and Fakturabelåning (invoice pledging), available in three variants: Full Factoring, Delfactoring, and Reverse Factoring. Supporting these are Fakturatjänst with tiered packages (Flex, Bas, Volym), Påminnelseservice for payment reminders, and Ombudsinkasso for collection services. The company also provides Företagslån (business loans from 20,000-1,000,000 SEK), and complementary services including debt portfolio purchase and preference shares for investors. All services integrate with major accounting platforms (BL, Fortnox, Visma) and emphasize flexibility with no volume commitments or binding periods.

Differentiator

Problem solved

Functional benefit

Products and services

• Fakturaköp (Invoice Purchase) Factoring service where Swedish SMBs sell invoices to CapIQ for immediate payment, with CapIQ taking over collection responsibility and credit risk. Available with or without recourse.
• Fakturabelåning (Invoice Lending / Pledge) Long-term factoring financing where invoices are pledged as collateral to CapIQ and customers pay their invoices directly to CapIQ.
• Företagslån (Business Loan) Business loans of 20,000 to 1,000,000 SEK with 1-48 month repayment terms for Swedish SMBs, with a fixed monthly cost based on utilized credit.
• Fakturatjänst (Invoice Service) Invoice distribution and monitoring service handling printing, mailing, reminders, and collection of unpaid invoices for Swedish SMBs.
• Påminnelseservice (Reminder Service) Payment reminder and collection management service handling reminders, debt collection, and legal measures for unpaid invoices.
• Ombudsinkasso (Collection Agency) Partner-coordinated collection agency services for debt recovery and legal proceedings.
• Fordringsköp (Debt Purchase) Purchase of matured or written-off receivables and debt portfolios, with CapIQ taking full credit risk and paying for previously written-off debts.
• Preferensaktier (Preference Shares) Investment offering of preference shares paying quarterly dividends with low risk, independent of stock market performance, as an alternative to traditional savings accounts.

Quantifiable outcome

• Invoice payment within 1 bank day after approval
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• VismacoreTechnology or IntegrationPre-built integration with Visma eEkonomi accounting software. Allows customers to connect their Visma accounts to CapIQ's invoice service portal, enabling automated invoice flow handling and collection management directly from Visma.
• FortnoxcoreTechnology or IntegrationIntegration with Fortnox accounting system for automated invoice pickup and handling. Customers can set up automatic invoice flow where created invoices are processed overnight according to preset policies.
• BL (Business Linux)coreTechnology or IntegrationIntegration with BL accounting system offering invoice service, collection, and purchase of overdue receivables. Includes accounting suggestions via email or API for seamless financial management.
• BankIDcoreTechnology or IntegrationSwedish digital identification system used for secure digital contract signing, enabling fully digital onboarding without paper documents.
• Inkasso PartnersminorChannel Partner/ Reseller/ DistributorCollection agency partners that handle debt collection proceedings when invoices remain unpaid. CapIQ provides technical solution for seamless case transfer while partners handle collection according to regulations.
• Partner Referral NetworkminorChannel Partner/ Reseller/ DistributorAccountants, bookkeepers, and business advisors who refer clients to CapIQ in exchange for commissions. Services available for referral include factoring, invoice service, reminder service, and collection services.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Norion Bank (formerly Collector Bank): Swedish niche bank providing factoring, SMB lending, and invoice services to businesses. A larger incumbent competitor with similar factoring and collections capabilities plus deposit funding.
• Svea Bank: Large Nordic financial group offering factoring, invoice services, and SMB financing across multiple markets. Overlaps with CapIQ in invoice purchasing, invoice service, and collections, but operates at significantly larger scale and broader geographic scope.
• TF Bank: Nordic digital bank offering consumer and SMB credit products including invoice services. Larger incumbent with established regulatory license and broader product portfolio overlapping CapIQ's business lending and factoring segments.
• Resurs Bank: Nordic niche bank providing factoring, payment solutions, and consumer/SMB lending. Overlaps with CapIQ in invoice financing and SMB credit offerings, though at much larger scale across multiple markets.

Direct peers

• Froda: Swedish fintech offering invoice factoring and business loans to SMEs via a digital platform. Most direct comparable: similar target segment (small businesses with cash-flow needs), similar digital onboarding, and overlapping product suite including Fakturaköp and Företagslån.
• Capital Box: Swedish factoring and SMB lending platform providing invoice purchasing and business loans to small businesses. Direct competitor in Swedish SME factoring with overlapping pricing model (transaction-based fees) and digital-first customer experience.
• Qred: Nordic fintech offering business loans and invoice factoring to SMEs, with strong Swedish presence. Comparable in target segment (underserved SMBs), product mix (lending + factoring), and digital-first delivery model.
• Aros Kapital: Swedish factoring company focused on invoice purchasing for small and medium-sized businesses. Direct competitor offering similar Fakturaköp services with comparable target customer profile.

Emerging players

• Fortnox (Financing Services): Dominant Swedish SMB accounting platform that CapIQ integrates with. Fortnox has been expanding into embedded financial services; represents both a critical distribution partner and a potential competitive threat if it launches in-house factoring.
• Visma (Financial Services): Major Nordic SMB software group whose Visma eEkonomi accounting platform CapIQ integrates with. Comparable as embedded-finance enabler; potential future competitor or acquirer given its dominant position with Swedish SMBs.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CapIQFinance

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

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 CapIQ Finance