FINEMO.CZ

What FINEMO.CZ does

FINEMO.CZ SE is a Czech non-bank financial services company founded in 2015 and headquartered in Prague, operating as the sole Czech National Bank (CNB)-licensed reverse mortgage provider in the Czech Republic. The company targets Czech residents aged 60+ who own residential property, enabling them to monetize home equity without selling the home or making monthly repayments. Distribution is conducted through direct senior outreach, personal consultations, and partner channels.

The company's core product is "Renta z nemovitosti" (Property Rent), a lifetime reverse mortgage structured as a regulated consumer credit. Borrowers access 10-50% of their property value (average loan-to-value 25-30%) at approximately 10% annual interest, with principal and accrued interest settled only upon sale, death, or contract termination. Beyond lending, FINEMO.CZ operates two complementary financing vehicles: corporate bonds (FINEMO.CZ 01 2021, 5.5% p.a., 27M CZK issuance, matured December 2021) and the qualified-investor fund 1. fond reverzních hypoték SICAV, managed by AVANT investiční společnost with Komerční banka as depositary.

The revenue model combines accrued interest on the reverse mortgage book (the dominant component, paid upon contract termination), fee and spread income from the SICAV fund, and historical bond issuance economics. Primary funding sources include the SICAV vehicle and a senior facility from J&T Banka initiated in September 2021, with In Investments acting as bond advisor. As of 2023, FINEMO.CZ serves 700+ clients, manages a loan portfolio exceeding 300 million CZK secured against properties worth over 1 billion CZK, employs approximately 8 people, and has been profitable since 2022.

Name

FINEMO.CZ

Legal name

FINEMO.CZ SE

Website

https://finemo.cz

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

FINEMO.CZ SE is the sole Czech National Bank-licensed reverse mortgage provider in the Czech Republic, offering lifetime property-backed loans ("Renta z nemovitosti") to seniors aged 60+ to access home equity without selling or making monthly payments.

Ownership category

akta.pro rank

Product category

Reverse Mortgage / Senior Consumer Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Non-QM & Specialty Wholesale Lending (Bank Statement/DSCR/Alt-Doc) (FSALACAD)

Keywords

• Reverse mortgages
• Senior home equity
• Consumer lending
• Equity release
• Non-bank credit

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Reverse Mortgage Interest Income: FINEMO.CZ earns interest on reverse mortgages (Renta z nemovitosti) provided to seniors. The interest rate is approximately 10% p.a., but clients do not make monthly payments - interest accrues until the loan is repaid upon the client's death or property sale. The company also funds operations through bond issuance.
2. Bond Issuance: FINEMO.CZ issued bonds (FINEMO.CZ 01 2021) with 5.5% annual fixed interest, 5.5-year maturity, minimum investment 50,000 CZK, total issuance limited to 27 million CZK. Proceeds invested in reverse mortgages.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

FINEMO.CZ is a Czech non-bank financial services company that provides reverse mortgages (Renta z nemovitosti) to property-owning seniors aged 60 and above. The lifetime, non-serviced loan allows clients to access 10-50% of their property's value (average LTV 25-30%) as a lump sum or monthly annuity while retaining ownership, with repayment due upon death, relocation, or voluntary early repayment. The company also issues corporate bonds and operates an investment fund (1. fond reverzních hypoték SICAV) to finance its lending portfolio.

Product overview

FINEMO.CZ is a financial services company operating as a single-product provider focused exclusively on reverse mortgages for Czech seniors. The core offering is 'Renta z nemovitosti', a lifetime unserviced mortgage loan that allows property-owning seniors to access their real estate equity without selling. The company has expanded to include two investment products: FINEMO.CZ Bonds (direct bond issuance for retail investors) and 1. fond reverzních hypoték SICAV (a qualified investor fund managed by AVANT, investing in the reverse mortgage portfolio). This three-product structure enables the company to fund its lending operations through both retail bonds and institutional investor capital.

Differentiator

Problem solved

Functional benefit

Brands

• 1. fond reverzních hypoték SICAV, a.s. Investment fund for qualified investors providing financing for reverse mortgages, managed by AVANT investiční společnost with Komerční banka as depositary. Target yield approximately 5% p.a.

Products and services

• Renta z nemovitosti (Property Rent) A lifetime non-serviced reverse mortgage for Czech seniors aged 60+ who own residential real estate. Clients can receive 10-50% of property value (average LTV 25-30%) as a lump sum, regular monthly rent, or combination, while retaining ownership and residence. The loan is secured by a mortgage lien on the property and is repaid only upon the client's death, relocation, or voluntary early repayment. Interest accrues at approximately 10% p.a. with no monthly payments required during the client's lifetime.
• FINEMO.CZ Bonds (Dluhopisy) Corporate bond issuance by FINEMO.CZ SE allowing investors to participate in financing the company's reverse mortgage portfolio. Bonds carry a fixed 5.5% annual interest rate with a minimum subscription of 50,000 CZK per bond and 5.5-year maturity. Proceeds are invested into reverse mortgage lending operations.
• 1. fond reverzních hypoték SICAV, a.s. A qualified investor fund managed by AVANT investiční společnost with Komerční banka serving as depositary. The fund is the first in the Czech Republic to invest in reverse mortgage portfolios, offering qualified investors portfolio diversification with a target yield of approximately 5% p.a. backed by residential property collateral.

Quantifiable outcome

• 700+ clients served since 2015
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered minor and core.

• In InvestmentsminorImplementation/ SI/ Consulting PartnerIn Investments provides investment advisory services for potential bond investors, helping them understand and structure their investments in FINEMO.CZ bonds.
• FINEMO Holding s.r.o.coreOthersParent company (IČO: 03971872). FINEMO.CZ SE is a subsidiary and together with the holding company forms a corporate group (koncern).

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Heartland Group Holdings: New Zealand-based specialist in reverse mortgages and asset finance. Comparable to FINEMO.CZ as a focused reverse mortgage lender with mortgage funding structure and senior customer base.
• HomeEquity Bank: Canada's largest reverse mortgage provider (CHIP). Directly comparable to FINEMO.CZ as a specialist offering lifetime reverse mortgages to seniors against home equity, with regulatory licensing and institutional funding.
• More 2 Life: UK specialist equity release / lifetime mortgage provider focused on senior homeowners. Closely comparable to FINEMO.CZ in product (lifetime mortgage on property) and target customer (seniors monetizing home equity while retaining ownership).
• Key Group: UK equity release specialist offering lifetime mortgages and advice to older homeowners. Similar niche focus on senior equity release product with regulated advice and intermediary channels.

Regional players

• Profi Credit Czech: Major Czech non-bank consumer lender. Comparable to FINEMO.CZ as a regional non-bank credit provider operating in the Czech consumer finance market, although it focuses on unsecured personal loans rather than reverse mortgages.

Broad incumbents

• Bendigo Bank: Australian regional bank offering the HomeSafe reverse mortgage product to senior homeowners. Comparable to FINEMO.CZ on reverse mortgage product and senior customer target, though it operates as a diversified incumbent bank.
• Legal & General: UK financial services group offering equity release among its retirement and insurance products. Comparable to FINEMO.CZ on lifetime mortgage product and senior customer focus, within a much larger diversified platform.
• Aviva UK: Major UK insurer offering equity release (lifetime mortgages) as part of a broader retirement and insurance portfolio. Overlaps with FINEMO.CZ on the product category and senior customer base, but operates across multiple insurance and investment lines.
• Canada Life UK: UK arm of Canada Life offering equity release lifetime mortgages as part of a broader insurance and retirement portfolio. Comparable to FINEMO.CZ on the senior equity release product, though it operates as a major incumbent insurer.
• Just Group: UK-listed retirement specialist offering lifetime mortgages, care plans, and annuities. Comparable to FINEMO.CZ on the lifetime mortgage product and senior target market, but operates at much greater scale as a diversified retirement provider.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/finemo.cz

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

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 FINEMO.CZ