Finnish Climate Fund

What Finnish Climate Fund does

Ilmastorahasto (English: 'Finnish Climate Fund') operates a Finnish-language loan comparison and aggregation marketplace. The platform enables consumers to compare personal loans ranging from €50 to €70,000 with repayment periods from 14 days to 15 years, small loans under €1,000, and business loans from €1,000 to €350,000, sourced from a network of partner lenders that includes Oivalaina, Zmarta, Ferratum, Creditstar, Northmill, Morrow Bank, Fixura, Lainake, Rahalaitos, Lainasto, and Haenyt.fi. Products are organized into three consumer-facing funnels: 'Lainavertailu' (side-by-side loan comparison), 'Lainan kilpailutus' (auctioning a single application across 25+ banks and lenders), and 'Pieni laina' (small loan comparison), plus a 'Yrityslaina' (business loan) funnel routed through partner EMI.

The business model is freemium consumer / affiliate-referral B2B: end users access the comparison service free of charge, while lenders pay referral fees when a loan is originated through the platform. Distribution is digital self-serve via the ilmastorahasto.fi website, with acquisition driven primarily by SEO and financial-education content targeting Finnish loan-related search queries. Geographic scope is domestic Finland, and the headcount band is 11–50 employees.

Note: the firmographic description ('helps combat climate change, increase low-carbon industry and promote digitalization') does not align with the actual website content, which is exclusively a loan brokerage. The brand name 'Ilmastorahasto' literally translates to 'Climate Fund,' but the operating business is a consumer/SME loan aggregator. The climate-fund positioning does not appear in any product, partnership, or revenue data reviewed.

Name

Finnish Climate Fund

Website

https://ilmastorahasto.fi

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Ilmastorahasto (Finnish Climate Fund) is a Finnish loan comparison and aggregation marketplace that matches consumers and small businesses with partner lenders offering loans from €50 to €350,000, monetizing via lender referral fees.

Ownership category

akta.pro rank

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

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

Revenue model

1. Loan referral/affiliate commissions: Platform generates revenue by referring loan seekers to partner lenders. The service is free for consumers - lenders pay referral fees when loans are originated through the platform.

Pricing tiers

Distribution channels1 record

Marketing channels1 record

Core offering

Finnish Climate Fund (Ilmastorahasto) operates a Finnish loan comparison and aggregation platform that lets consumers and small businesses compare and apply for personal loans, small loans, and business loans from 20+ partner lenders via a single application. Consumers access the service free of charge and receive multiple competing offers with transparent interest rates, fees, and repayment terms; lenders pay referral/lead-generation fees when originated loans come through the platform.

Product overview

Finnish Climate Fund (Ilmastorahasto) operates a loan comparison and aggregation marketplace platform. The core offering consists of loan comparison tools (Lainavertailu), loan auction/competition services (Lainan kilpailutus), and small loan comparisons (Pieni laina). The platform aggregates multiple partnered lenders including Creditstar, Ferratum, Northmill, Oivalaina, Rahalaitos, Zmarta, Morrow Bank, and others. Users can compare personal loans (50-70,000 €), business loans, and small loans with repayment periods ranging from 14 days to 15 years. The service is free for consumers, who submit a single application to receive multiple competing offers from partnered lenders.

Differentiator

Problem solved

Functional benefit

Products and services

• Lainavertailu (Loan Comparison) A loan comparison service for Finnish consumers that allows users to compare loan offers ranging from €50 to €70,000 with repayment periods from 14 days to 15 years. Users can filter by loan amount and view standardized comparisons including monthly instalments, total costs, and interest rates across partner lenders.
• Lainan kilpailutus (Loan Competition / Auction) A loan aggregation service that submits a single user application to more than 25 banks and lenders simultaneously, enabling competitive bidding. Users receive multiple loan offers which they can compare on conditions and select the most suitable option; the service is free and non-binding for consumers.
• Pieni laina (Small Loan) A comparison service for small consumer loans typically under €1,000, intended for urgent or temporary financial needs such as unexpected bills, car repairs, medical costs, education expenses, travel, or moving costs. Surfaces lenders such as Ferratum and Creditstar that offer quick approval and same-day funding options.
• Yrityslaina (Business Loan) A business financing channel for Finnish companies seeking loans between €1,000 and €350,000 with terms from 1 month to 4 years. Available to osakeyhtiö, kommandiittiyhtiö, toiminimi, and avoin yhtiö entities, with applications routed through partner EMI for competitive bidding on behalf of the borrower.

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• OivalainacoreChannel Partner/ Reseller/ DistributorFinnish loan aggregation service competing loans across 30+ banks and credit providers. Offers loan amounts from €1,000-70,000 without collateral or guarantors. Provides AAA credit rating (Dun & Bradstreet).
• LainakeminorChannel Partner/ Reseller/ DistributorFinnish loan comparison service aggregating offers from 25+ banks. Loan amounts from €500-70,000 with repayment periods of 1-20 years. Also offers loan consolidation services.
• ZmartacoreChannel Partner/ Reseller/ DistributorFinnish loan aggregation service with 25+ partner lenders. Offers loans from €1,000-70,000 with repayment periods of 1-15 years. Also provides loan consolidation and refinancing services.
• RahalaitosminorChannel Partner/ Reseller/ DistributorSwedish-owned loan aggregation service operating in Finland. Connects borrowers with approximately 25 banks and finance companies. Loan amounts from €500-70,000 with repayment periods of 1-15 years.
• Haenyt.fiminorChannel Partner/ Reseller/ DistributorFinnish loan aggregation service with 20+ partner banks and finance companies. Offers loans from €500-70,000 with repayment periods of 1-15 years. Also serves businesses with loans from €1,000 to €5,000,000.

Recent moves6 records

Expansion highlights3 records

Direct peers

• Haenyt.fi: Finnish aggregation platform with 20+ partner banks serving both consumers and SMBs with loans up to €5M; competes head-on in the same SEO-driven, single-country loan comparison market.
• Zmarta: Finnish/Nordic loan aggregation platform with 25+ partner lenders offering €1,000–€70,000 personal loans plus refinancing; operates the same affiliate-referral model targeting Finnish consumers.
• Rahalaitos: Swedish-owned loan comparison service active in Finland connecting borrowers to ~25 banks and finance companies; directly comparable in product offering and aggregator business model.
• Lainake: Finnish loan comparison aggregator pulling offers from 25+ banks with a focus on consumer loans €500–€70,000 and loan consolidation; direct same-category competitor.
• Etua.fi: Finnish comparison service covering personal loans, refinancing, and consumer credit products; operates the same aggregator/affiliate business model for the same target customer.
• Sortter: Nordic loan and refinancing comparison platform that aggregates multiple lender offers through a single application; competes with the anchor in the Finnish/Nordic loan brokerage category.
• Oivalaina: Finnish loan comparison and aggregation service offering €1,000–€70,000 loans across 30+ banks and credit providers; the company's own "recommended" partner and a direct competitor in the same niche.

Broad incumbents

• Ferratum Bank: European digital consumer lender offering small loans and revolving credit; listed as a key partner on the platform and a broader incumbent in the small-loan segment.
• Northmill Bank: Sweden-headquartered challenger bank offering revolving credit and personal loans across the Nordics; functions both as a lender partner on the platform and as a broader financial-services incumbent competing for the same consumer credit demand.
• MoneySupermarket Group: UK-listed price-comparison platform covering loans, insurance, and banking; illustrates the scale-up trajectory available to a successful loan comparison marketplace via product extension and traffic scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• Xx.com/ilmastorahasto

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments21 records

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

Frequently asked questions about Finnish Climate Fund