Hoist Finance
Hoist Finance AB (publ) is a Swedish-regulated, publicly listed buyer and manager of non-performing credit portfolios across Europe, serving international banks as its primary counterparty and partnering with Lowell and Moorcroft in the UK for residual account servicing.
- Company typePublic
- Founded2012
- HeadquartersSalfords, United Kingdom
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Hoist Finance does
Hoist Finance AB (publ) is a Swedish-domiciled, publicly listed credit market company supervised by the Swedish Financial Supervisory Authority (Finansinspektionen), focused on the acquisition and management of non-performing credit portfolios across Europe. Its core operation is institutional: it purchases distressed debt books from international banks and financial institutions and works them through long-term, sustainable instalment plans offered to consumers and SMEs, with the stated objective of converting non-performing debt into performing debt. The firm's 25+ year operating history and pan-European positioning are the primary claims around its institutional franchise.
The company operates a multi-brand structure in the United Kingdom following the 2022 sale of its UK operating entities to Lowell Financial Limited. Hoist retains a financial stake in select UK debtor portfolios, while account servicing and data processing for those portfolios are handled by Lowell and, from 31 March 2026, by Moorcroft Debt Recovery Limited for legacy closed accounts. A UK Branch in Salford (MediaCityUK) employs 40+ staff covering IT, Operations, Business Strategy, Investments, and Digital functions, and is positioned as a functional bridge between European group operations and UK credit markets rather than as a standalone originator or servicer. Revenue is generated through portfolio acquisition and recovery economics — effectively transaction-fee style income tied to the value of portfolios under management — though no specific revenue, pricing, or contract-value figures are disclosed in the available data.
Hoist Finance firmographics
Firmographics- Name
- Hoist Finance
- Legal name
- Hoist Finance AB (publ)
- Website
- https://hoistfinance.co.uk
- Company type
- Public
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Hoist Finance AB (publ) is a Swedish-regulated, publicly listed buyer and manager of non-performing credit portfolios across Europe, serving international banks as its primary counterparty and partnering with Lowell and Moorcroft in the UK for residual account servicing.
- Ownership category
- akta.pro rank
Hoist Finance industry classification
Industry- Product category
- Debt Portfolio Management
- NAICS
- Credit Intermediation and Related Activities (522)
- akta.pro primary industry
- Debt Buying & Portfolio Acquisition (Charged-Off Receivables) (FSAKAJAC)
- akta.pro secondary industries
- Non-Performing Loan (NPL) / Loan Portfolio Acquisition Funds (FSANAKAG), Debt Buying / Portfolio Acquisition & Recovery (Debt Purchasers) (BPAAAEAG)
Keywords
Where Hoist Finance is headquartered
LocationHeadquarters
- HQ city
- Salfords
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
Hoist Finance business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others
Revenue model
- Non-Performing Credit Portfolio Acquisition: Hoist Finance acquires non-performing credit portfolios from international banks and financial institutions. Revenue is generated through the acquisition and subsequent management of these debt portfolios, working to convert non-performing debt to performing debt through sustainable installment plans.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Hoist Finance product offering
Product offeringCore offering
Hoist Finance acquires non-performing credit portfolios from international banks and financial institutions across Europe and manages them through structured repayment arrangements. The company converts distressed debt into performing debt by establishing sustainable installment plans with the underlying debtors (consumers and SMEs). It operates as an authorised credit market company under the Swedish Financial Supervisory Authority.
Product overview
Hoist Finance operates as a pan-European debt portfolio investor and asset manager. The core offering consists of acquiring non-performing credit portfolios from banks and financial institutions, and managing them through consumer debt repayment plans that convert non-performing debt to performing debt. The company has a multi-brand structure in the UK: its primary UK operations are conducted through a partnership with Lowell, while legacy accounts are serviced by Moorcroft Debt Recovery. The UK team of 40+ employees supports the wider European group with expertise spanning IT, Operations, Business Strategy, Investments, and Digital functions.
Differentiator
Problem solved
Functional benefit
Products and services
- Debt Portfolio Acquisition & Management
Companies that use Hoist Finance
Customer profileSegments2 records
Ideal customer profiles1 record
Hoist Finance technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Hoist Finance partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Moorcroft Debt Recovery LimitedcoreMoorcroft has taken over administration of queries for legacy Hoist accounts excluded from Lowell's acquisition, effective 31 March 2026. Moorcroft processes personal data strictly in accordance with Hoist Finance's instructions for these closed accounts, which carry no outstanding balances. Queries relate to removal of historic charging orders connected to impending property sales.
- Lowell Financial LimitedcoreHoist Finance collaborates with Lowell in the UK for debt management services. Following Hoist's sale of UK entities to Lowell in 2022, Lowell now manages customer account queries on behalf of Hoist Finance. Hoist Finance retains a financial stake in some debtor portfolios in the UK while Lowell handles the operational management and data processing for these accounts.
Scale indicators3 records
Recent moves5 records
Expansion highlights4 records
Hoist Finance competitors and assessment
Company assessmentDirect peers
- Axactor ASA: Norway-listed pan-European debt purchaser and servicer operating in markets including Germany, Spain, Italy, and the Nordics. Comparable to Hoist Finance on cross-border NPL acquisition strategy and consumer debt servicing.
- EOS Group: German-headquartered pan-European debt purchaser and financial services provider owned by Otto Group. Directly comparable in business model (NPL acquisition from banks, consumer debt servicing across European geographies).
- Marston Holdings: UK-based debt recovery and enforcement group with significant exposure to UK consumer and public-sector debt. Comparable to Hoist Finance on UK-focused consumer debt servicing and portfolio acquisition from financial institutions.
- Lowell Group: Major UK and European debt purchaser and servicer that acquired Hoist Finance's UK operating entities in 2022 and now services Hoist's residual UK portfolios. Closely comparable on product (NPL acquisition + servicing) and customer segment.
- B2Holding ASA: Norway-listed NPL investor and servicer operating across multiple European countries. Comparable to Hoist Finance on portfolio acquisition strategy, distressed debt focus, and pan-European platform.
- Kruk SA: Poland-listed NPL specialist with operations across several European markets including Italy, Spain, and Romania. Closely comparable to Hoist Finance on cross-border NPL purchasing and consumer debt management model.
- Intrum AB: Sweden-headquartered, Nasdaq Stockholm-listed credit management company and one of the largest NPL purchasers and servicers in Europe. Directly comparable to Hoist Finance on geography, business model, and target customer base of European banks and consumers.
- Arrow Group: UK and European debt purchaser and servicer, owned by TPG. Directly comparable to Hoist Finance on NPL portfolio acquisition from banks and consumer-facing debt servicing in the UK and Southern Europe.
Broad incumbents
- PRA Group: US-listed (Nasdaq) global NPL purchaser with significant UK and European operations. Comparable to Hoist Finance on core NPL acquisition model and consumer collections capability, though broader geographic footprint.
- Encore Capital Group: US-listed (Nasdaq) global NPL purchaser, parent of Cabot Credit Management in the UK. Comparable to Hoist Finance on portfolio acquisition from financial institutions and consumer debt servicing across Europe.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights5 records
Customer concentration
Hoist Finance social profiles
Digital presenceHoist Finance compliance and trust
Trust signalCompliance1 record
Hoist Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hoist Finance leadership team
Management profileNumber of profiles
Hoist Finance funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hoist Finance 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 Hoist Finance
What does Hoist Finance do?
Hoist Finance acquires non-performing credit portfolios from international banks and financial institutions across Europe and manages them through structured repayment arrangements. The company converts distressed debt into performing debt by establishing sustainable installment plans with the underlying debtors (consumers and SMEs). It operates as an authorised credit market company under the Swedish Financial Supervisory Authority.
Is Hoist Finance a public or private company?
Hoist Finance is a public company. It is classified as public and is currently operating.
When was Hoist Finance founded?
Hoist Finance was founded in 2012. It employs 1 to 10 people.
Where is Hoist Finance based?
Hoist Finance is headquartered in Salfords, United Kingdom, in the Europe region.
How does Hoist Finance make money?
One revenue line is on record: non-Performing Credit Portfolio Acquisition.
Who are Hoist Finance's main competitors?
Direct peers on record are Axactor ASA, EOS Group, Marston Holdings, Lowell Group, B2Holding ASA, Kruk SA, Intrum AB and Arrow Group. Broad incumbents are PRA Group and Encore Capital Group.
Does Hoist Finance have an API?
No public API is recorded for Hoist Finance.
What industry is Hoist Finance in?
Hoist Finance's product category is Debt Portfolio Management. Its primary akta.pro industry code is FSAKAJAC, Debt Buying & Portfolio Acquisition (Charged-Off Receivables), with a secondary code of FSANAKAG, Non-Performing Loan (NPL) / Loan Portfolio Acquisition Funds. Its NAICS code is 522.