Norra Finans Sverige AB
Norra Finans Sverige AB is a private Swedish-founded factoring and invoice-financing company serving small and medium enterprises across Sweden and Finland through a cloud-based platform with pre-built Nordic ERP integrations and direct bilingual field sales, with disclosed revenue of approximately 325 million SEK.
- Company typePrivate
- Founded2015
- HeadquartersHaparanda, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Norra Finans Sverige AB does
Norra Finans Sverige AB is a privately-held Nordic factoring and invoice-financing company founded in 2015 in Haparanda, Sweden, and operating through wholly-owned subsidiaries Norra Finans Oy (Finland) and Norra Finans Inkasso AB (debt collection). The company purchases and finances business-to-business invoices — primarily for small and medium enterprises with annual turnovers roughly between EUR 50,000 and EUR 100 million — converting receivables into immediate working capital across customers in construction, electrical and telecommunications, automotive and retail, and film and media production. Core products are invoice factoring (Laskurahoitus), invoice purchasing (Laskujen Osto), debt collection (Perintäpalvelut), and extended payment terms (Maksuaikojen Pidennys), with corporate loans offered as a complementary facility.
Revenue is generated almost entirely through per-invoice transaction fees with no start-up or monthly fees, and the company emphasizes a pay-as-you-go model with onboarding completable in as little as one business day. Distribution is direct B2B, combining field-sales teams in Sweden and Finland (with named relationship managers in both countries), inside sales via phone, email, and a Upsales-powered online meeting-booking tool, and a partially self-service online channel for end-customers (debtors) applying for extended payment terms through Scrive. Marketing is content-led (multilingual blog, SEO, newsletters) supplemented by native/sponsored articles in regional Nordic outlets.
The technology layer is a next-generation cloud-based factoring platform launched in 2024 that delivers real-time invoice management, automated settlement reporting, a customer portal, a debtor-facing end-customer portal, and API-based automation integrated with 13+ major Nordic ERP systems including Fortnox, the full Visma suite, Microsoft Business Central and Dynamics Navision, E-conomic, Tripletex, Power Office GO, BL Administration, and Uniconta. The group reports monthly funded volume above 100 million EUR (over 1 billion SEK), consolidated revenue of approximately 325 million SEK, and approximately 65-70 employees across offices in Haparanda, Luleå, Stockholm, Helsinki, Vaasa, and Tampere, with stated three-year targets of 700 million SEK in revenue and approximately 100 employees.
Norra Finans Sverige AB firmographics
Firmographics- Name
- Norra Finans Sverige AB
- Legal name
- Norra Finans Sverige AB
- Website
- https://norrafinans.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Norra Finans Sverige AB is a private Swedish-founded factoring and invoice-financing company serving small and medium enterprises across Sweden and Finland through a cloud-based platform with pre-built Nordic ERP integrations and direct bilingual field sales, with disclosed revenue of approximately 325 million SEK.
- Ownership category
- akta.pro rank
Norra Finans Sverige AB industry classification
Industry- Product category
- Invoice Factoring
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Microloans & Working Capital Loans (FSAKAGAA)
- akta.pro secondary industry
- Small-Dollar Short-Term Installment Loans (Non-payday) (FSAKAMAI)
Keywords
Where Norra Finans Sverige AB is headquartered
LocationHeadquarters
- HQ city
- Haparanda
- HQ country
- Sweden
- HQ region
- Europe
Offices6 records
Markets served
Norra Finans Sverige AB business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Invoice Factoring / Invoice Purchase (Fakturaköp): Companies sell their invoices to Norra Finans and receive immediate payment. Norra Finans collects from the end-customer (debtor). This is the core revenue stream and primary focus of the company.
- Invoice Financing / Factoring Credit (Laskurahoitus): Companies pledge their invoices as collateral for immediate financing. The credit risk remains with the company. Norra Finans charges fees for this service.
- Extended Payment Terms (Pidennä maksuaikaa): Norra Finans offers debtors (end-customers of factoring clients) the ability to extend payment terms by 30 or 60 days. Norra Finans charges a processing fee (100 EUR/1100 SEK per invoice) plus monthly interest (1.58% per month).
- Debt Collection Services (Perintä): Norra Finans provides debt collection services for companies. This includes voluntary collection, legal collection, and follow-up collection. Revenue is generated through collection fees charged to the client business.
- Corporate Loans (Yrityslainat): Norra Finans offers corporate loans as part of their product suite, providing additional financing options alongside factoring services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Flexible per-invoice pricing — no minimum commitment, no monthly fees |
| Transaction based/ take rate | Pay-as-you-go | Extended payment terms — 30 or 60 day extension with fixed processing fee + monthly interest |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Norra Finans Sverige AB product offering
Product offeringCore offering
Norra Finans is a Nordic financing company that purchases and finances business-to-business invoices, providing clients with immediate working capital instead of waiting 30-120 days for buyer payment. The group offers invoice factoring (laskurahoitus), invoice purchasing (laskujen osto), debt collection services, extended payment terms of 30 or 60 days for buyers, and corporate loans, all delivered through a cloud-based factoring platform with Nordic ERP integrations and bilingual service across Sweden and Finland.
Product overview
Norra Finans offers a unified factoring and accounts receivable management platform. The core offering consists of Laskurahoitus (Factoring) and Laskujen Osto (Invoice Purchasing) services, complemented by Perintäpalvelut (Debt Collection) and Maksuaikojen Pidennys (Extended Payment Terms). The platform includes customer-facing Asiakasportaali and Loppüasiakasportaali portals for real-time invoice management and communication. All services are accessible through API integrations with major Nordic ERP systems including Fortnox, Visma, E-conomic, and Microsoft Dynamics.
Differentiator
Problem solved
Functional benefit
Products and services
- Laskurahoitus (Invoice Factoring / Invoice Financing) Invoice financing service that allows businesses to sell or pledge their invoices to Norra Finans and receive immediate payment, instead of waiting 30-120 days for customer payments. Pricing is per-invoice with no start-up or monthly fees.
- Laskujen Osto (Invoice Purchasing) Invoice purchasing service where Norra Finans buys invoices from businesses outright, providing immediate payment and taking over the collection responsibility. Offered with no monthly or start-up fees and flexible per-invoice usage.
- Perintäpalvelut (Debt Collection Services) Debt collection services including voluntary collection, legal collection and follow-up collection. Operates across the Nordic countries with multilingual capabilities, delivered via dedicated subsidiary Norra Finans Inkasso AB. Revenue is generated through collection fees charged to the client business.
- Maksuaikojen Pidennys (Extended Payment Terms) Service for end-customers (debtors) of factoring clients allowing them to extend payment terms on Norra Finans invoices by 30 or 60 days, up to 120 days total. Processing fee of 100 EUR / 1100 SEK per invoice plus monthly interest of 1.58%. Application is handled through an online portal (Scrive).
- Yrityslainat (Corporate Loans) Corporate loans provided to business customers as an additional financing option alongside factoring services, for example to fund project production costs (as used by customer Taavi Vartia Productions to finance film production).
Quantifiable outcome
- Financing over 1 billion SEK in invoices every month
- +3 more outcomes
Companies that use Norra Finans Sverige AB
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles3 records
Norra Finans Sverige AB technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
Feature5 records
Norra Finans Sverige AB partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core.
- FortnoxcorePre-built ERP integration for invoice automation. Allows Norra Finans factoring clients using Fortnox accounting software to automatically transfer invoices, receive settlement reports, and automate bookkeeping through the Norra Finans platform.
- E-conomic (Sage)corePre-built ERP integration for invoice automation with E-conomic accounting platform, enabling automated invoice transfers and reporting for Norra Finans factoring clients.
- Microsoft Business Central / Microsoft Dynamics NavisioncorePre-built ERP integration with Microsoft Business Central and Dynamics Navision for invoice automation and reporting within the Norra Finans cloud factoring system.
- Visma (Administration, Business, eEkonomi, Global, NET / Procountor)corePre-built ERP integrations across the full Visma product suite, including Visma Administration, Visma Business, Visma eEkonomi, Visma Global, and Visma NET/Procountor. Enables automated invoice handling and reporting for Visma users who are Norra Finans factoring clients.
- TripletexcorePre-built ERP integration with Tripletex accounting software, enabling automated invoice processing and reconciliation for Norra Finans factoring clients using the platform.
- Power Office GOcorePre-built ERP integration with Power Office GO accounting platform for Norra Finans factoring clients to automate invoice transfers and reporting.
- BL AdministrationcorePre-built ERP integration with BL Administration accounting software, enabling Norra Finans factoring clients to automate invoice processing.
- UnicontacorePre-built ERP integration with Uniconta ERP system, enabling Norra Finans factoring clients to automate invoice management.
Scale indicators7 records
Recent moves15 records
Expansion highlights6 records
Norra Finans Sverige AB competitors and assessment
Company assessmentDirect peers
- Qred: Swedish-founded fintech providing invoice factoring and working-capital loans to SMEs across the Nordics. Closely comparable product set (factoring + business loans), customer size (SME), and Nordic geographic footprint.
- Capcito: Nordic fintech offering invoice purchasing and working-capital financing to SMEs. Overlaps with Norra Finans on factoring product, SME target segment, and Sweden-based operating model.
- Marginalen Bank: Swedish bank group (formerly linked to Collector) providing factoring, SME financing and debt collection across the Nordics. Direct overlap with Norra Finans's factoring + collection offering and Swedish SME target market.
- Capitalbox: Swedish invoice-purchasing and factoring platform targeting SMEs. Competes head-to-head with Norra Finans in the Swedish SME invoice-financing segment.
- Svea Bank: Large Nordic financial group offering factoring, invoice purchasing, debt collection and SME financing. Comparable product breadth (factoring + collection) and a multi-country Nordic footprint that mirrors Norra Finans's Sweden + Finland reach.
- TF Bank: Swedish bank with a factoring arm and SME/commercial credit focus. Comparable in offering factoring to Nordic businesses, though with a broader consumer-credit franchise as well.
Broad incumbents
- Nordea: Largest Nordic bank with a corporate factoring franchise. Overlaps with Norra Finans on factoring products and SME/corporate customers but operates at vastly greater scale across a full banking suite.
- SEB: Major Nordic universal bank providing corporate factoring and trade finance. Comparable capability set for large and mid-market customers, with broader balance-sheet funding and risk-management resources.
- Resurs Bank: Nordic bank specializing in consumer and SME finance, including factoring-adjacent products. Comparable Nordic SME/working-capital positioning but with a wider retail-banking offering.
Emerging players
- Billie: Berlin-based B2B Buy Now Pay Later / invoice financing provider. Comparable invoice-financing model to SMEs but operating in Germany and other European markets rather than the Nordics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Norra Finans Sverige AB social profiles
Digital presenceNorra Finans Sverige AB financial estimates
Financial estimateRevenue estimate
Valuation estimate
Norra Finans Sverige AB leadership team
Management profileNumber of profiles
Profiles19 records
Norra Finans Sverige AB subsidiaries and ownership
Company hierarchySubsidiaries2 records
Norra Finans Sverige AB funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Norra Finans Sverige AB 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 Norra Finans Sverige AB
What does Norra Finans Sverige AB do?
Norra Finans is a Nordic financing company that purchases and finances business-to-business invoices, providing clients with immediate working capital instead of waiting 30-120 days for buyer payment. The group offers invoice factoring (laskurahoitus), invoice purchasing (laskujen osto), debt collection services, extended payment terms of 30 or 60 days for buyers, and corporate loans, all delivered through a cloud-based factoring platform with Nordic ERP integrations and bilingual service across Sweden and Finland.
Is Norra Finans Sverige AB a public or private company?
Norra Finans Sverige AB is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Norra Finans Sverige AB founded?
Norra Finans Sverige AB was founded in 2015. It employs 11 to 50 people.
Where is Norra Finans Sverige AB based?
Norra Finans Sverige AB is headquartered in Haparanda, Sweden, in the Europe region.
How does Norra Finans Sverige AB make money?
Five revenue lines are on record. Invoice Factoring / Invoice Purchase (Fakturaköp) is the primary driver. The others are invoice Financing / Factoring Credit (Laskurahoitus), extended Payment Terms (Pidennä maksuaikaa), debt Collection Services (Perintä) and corporate Loans (Yrityslainat).
Who are Norra Finans Sverige AB's main competitors?
Direct peers on record are Qred, Capcito, Marginalen Bank, Capitalbox, Svea Bank and TF Bank. Broad incumbents are Nordea, SEB and Resurs Bank. Billie is listed as an emerging player.
Does Norra Finans Sverige AB have an API?
Yes. Norra Finans offers API integrations enabling automation of invoice transfers, settlement reports, incoming payment reports, and automated accounting. The company states they provide market-leading integrations through their cloud-based factoring system. Developer documentation is at norrafinans.com/norra-finansin-uusi-rahoitusjarjestelma.
What industry is Norra Finans Sverige AB in?
Norra Finans Sverige AB's product category is Invoice Factoring. Its primary akta.pro industry code is FSAKAGAA, Microloans & Working Capital Loans, with a secondary code of FSAKAMAI, Small-Dollar Short-Term Installment Loans (Non-payday). Its NAICS code is 522 and its SIC code is 6153.