Kravia Finland Oy

What Kravia Finland Oy does

Kravia Finland Oy is the Finnish private limited company (Oy) entity of the broader Kravia group, a Nordic cloud-based SaaS platform that modernizes debt collection and payment follow-up for small and medium-sized businesses, accounting firms, and digital partners. Founded in 2017 and headquartered in Helsinki, the platform enables businesses to send overdue invoices to collection, automate payment reminders across SMS, email, and phone, and monitor case status in real time — all through a debtor-facing portal (pay.kravia.ai) and a partner-facing dashboard. The underlying technology is an API-first cloud platform with 50+ direct integrations into dominant Nordic accounting and ERP systems, including Tripletex, PowerOffice Go, Visma (Business, Spiris, Eika, Business NXT), Fortnox, Microsoft Dynamics 365 Business Central, Xledger, and Finago Procountor, enabling automatic case creation and reconciled bookkeeping without leaving the customer's existing accounting workflow.

Kravia operates a partner-led go-to-market, anchored by the Kravia Partner Program established in 2021, which has enrolled 2,000+ accounting firms as certified referral partners. The company distributes through three primary channels: direct website onboarding for SMBs, integration partner referrals from accounting software vendors, and inside-sales for the certified accountant partner tier. The product surface has been extended through the 2024 acquisition of Billecta, a Swedish invoicing and payments platform that now operates as 'A Kravia company' and adds invoicing capabilities upstream of debt collection, supporting a stated ambition to deliver a complete Nordic invoice-to-payment workflow.

The revenue model is debtor-paid and success-based. Sending an invoice to collection is free for businesses; Kravia earns revenue through collection fees and interest added to the invoice during the process, paid by the end customer (debtor). A separate outcome-based fee applies to a small percentage of cases that escalate to legal collection or surveillance, occurring at least three months after the due date. Geographic coverage spans Norway, Sweden, Finland, and the Netherlands, with group-level headcount of 140+ employees across eight nationalities. The Finnish entity itself is a small local subsidiary within this broader Nordic structure.

Name

Kravia Finland Oy

Legal name

Kravia Finland Oy

Website

https://validius.fi

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Kravia Finland Oy is the Finnish subsidiary of the Nordic Kravia group, offering a cloud-based, API-first SaaS platform for automated debt collection and payment follow-up integrated with 50+ Nordic accounting systems, serving SMBs, accounting firms, and digital partners across Norway, Sweden, Finland, and the Netherlands.

Ownership category

akta.pro rank

Product category

Debt Collection Software

NAICS

Collection Agencies (561440), Collection Agencies (56144), Software Publishers (513210)

SIC

Services-Consumer Credit Reporting, Collection Agencies (7320), Services-Prepackaged Software (7372)

akta.pro primary industry

Third-Party Debt Collection Agencies (Consumer & Commercial) (BPAAAEAB)

akta.pro secondary industries

Early-Stage / Soft Collections (Pre-Delinquency, Reminders) (BPAAAEAC), Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB), Specialty & Regulated Collections (Medical, Student Loan, Government, HOA) (BPAAAEAJ)

Keywords

• Debt collection software
• Accounts receivable automation
• Payment follow-up platform
• Accounting system integrations
• Credit management services

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Debt Collection Transaction Fees: Free to send an invoice to collections for businesses. Kravia earns revenue through fees and interest added to the invoice during the collection process, paid by the end customer (debtor). This success-based model aligns incentives between Kravia and clients.
2. Legal Collection Services: For challenging cases requiring legal action or surveillance, Kravia charges a small success-based fee only upon successful recovery. This is a premium service tier for long-term or complex debt collection.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Kravia operates a cloud-based SaaS platform for debt collection and payment follow-up that integrates directly with 50+ Nordic accounting systems (Tripletex, PowerOffice, Visma, Fortnox, Microsoft Dynamics 365 Business Central, and others). Businesses can send overdue invoices to collections for free, while revenue is generated through fees and interest added during the collection process and paid by the debtor. The company also offers legal collection and surveillance services on a success-based fee basis.

Product overview

Kravia offers a cloud-based debt collection platform that connects directly to the accounting systems businesses and accountants already use. The core product is the Kravia Platform, which handles invoice-based debt collection, automated payment reminders, and debt monitoring — all integrated into the user's existing ERP/accounting software. The Billecta brand (acquired) extends the platform into invoicing, enabling a full Nordic workflow from invoice to payment. The Kravia Partner Program provides a structured channel for accounting firms and technology integrators to connect, with a Certified Partner tier for accounting firms.

Differentiator

Problem solved

Functional benefit

Brands

• Billecta: A Kravia company offering invoicing and payment services. Billecta was acquired by Kravia to strengthen its presence in Sweden and build a complete Nordic platform.

Products and services

• Kravia Platform Cloud-based SaaS debt collection platform that enables businesses and accountants to send overdue invoices to collections, automate payment reminders via SMS/email/phone, monitor payment status in real time, and manage the full debt collection lifecycle through integrations with their existing accounting systems.
• Billecta Invoicing and payment platform acquired by Kravia, branded as 'A Kravia company', extending the platform into invoicing and payment services for the Swedish market and the broader Nordic region.
• My Page Debtor-facing portal available via pay.kravia.ai that lets debtors view outstanding claims, request payment deferrals or installment plans, and settle payments online as part of the Kravia debt collection workflow.
• Legal Collection and Surveillance Services Premium legal and surveillance debt collection service offered for cases requiring legal action or debtor tracking, charged as a small success-based fee only when the debt is successfully recovered, applied at least three months after the due date.

Quantifiable outcome

• 6 Billion NOK collected for customers since 2021
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration35 records

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and major.

• XledgercoreTechnology or Integration · 1 January 2024Strategic partnership for better cash flow control. Xledger ERP users can seamlessly integrate with Kravia for automated debt collection and payment follow-up, creating a unified workflow from invoicing to payment.
• BillectacoreStrategic or Co-development Partner · 1 January 2024Kravia acquired Billecta to strengthen its presence in Sweden and build a complete Nordic platform from invoicing to payment. Billecta operates as 'A Kravia company' and extends coverage in the Swedish market.
• TripletexcoreTechnology or Integration · 1 January 2021Primary integration partner with seamless connection. Many accounting firms exclusively using Tripletex leverage Kravia's integrated debt collection, with automatic transfer and bookkeeping of settlements.
• Microsoft Dynamics 365 Business CentralmajorTechnology or IntegrationIntegration with Microsoft Dynamics 365 Business Central, enabling debt collection capabilities for Business Central users.
• VismamajorTechnology or IntegrationIncludes integrations with Visma Business, Spiris (Visma), and multiple Visma product lines including Procountor (Finago), reaching broad accounting firm base.
• FortnoxmajorTechnology or IntegrationIntegration with Fortnox accounting software, enabling Swedish businesses and accountants to access Kravia debt collection directly from Fortnox.
• PowerOfficemajorTechnology or IntegrationIntegration with PowerOffice Go, providing Norwegian businesses seamless debt collection workflow from PowerOffice invoicing.
• AzetsmajorTechnology or IntegrationMajor accounting firm using Kravia with Tripletex integration. Represents significant partner-accounting firm relationship.
• Kravia Partner Program for AccountantscoreChannel Partner/ Reseller/ DistributorEstablished in 2021, this program enrolls accountants as partners who recommend Kravia to their business clients. Partners receive exclusive benefits, tools, regular forums and workshops, and Certified Partner status with premium benefits.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Kredinor: Norwegian debt-collection and debt-purchase firm serving consumer and commercial creditors. Overlaps directly with Kravia on third-party collections in the Norwegian market.
• Aktiv Kapital (Aktor Inkasso / Conaxo): Norwegian-headquartered debt buyer and collection services provider serving banks, telecoms, and consumer lenders. Closely mirrors Kravia's Norwegian collection operations and customer profile.
• B2 Holding ASA: Norwegian-listed debt purchaser and recovery specialist serving banks and consumer creditors across the Nordics — a direct functional competitor for outsourced receivables recovery in Norway, Sweden, and Finland.
• Hoist Finance: Swedish-listed debt purchaser and servicer with a strong Nordic footprint in non-performing loans and consumer receivables recovery — a direct comparable business to Kravia's Nordic debt collection franchise.

Emerging players

• Capturi: Nordic debt-collection software vendor focused on call-centre optimisation and AI-assisted debtor outreach. Competes with Kravia at the software/automation layer rather than as a full-service agency.
• InDebted: Australia-headquartered modern debt-collection SaaS using digital-first engagement to recover consumer debt. Closely comparable in product DNA (cloud, debtor self-service, digital flows) and an emerging global peer to Kravia's platform play.

Broad incumbents

• Lowell Group: Pan-European debt purchaser and servicer with Nordic operations post the GFKL and Lindorff combinations. Competes for the same creditor customers and the same types of receivables as Kravia, though at significantly larger scale and via purchased debt.
• Intrum: Pan-Nordic and European debt collection and credit-management leader with significant Swedish/Norwegian presence. Competes with Kravia for the same creditor base but offers a much wider services portfolio beyond SMB SaaS.

Regional players

• Collector Bank: Swedish challenger bank and credit-management group with in-house collections capabilities serving Nordic retail and SME segments. Adjacent competitor in Swedish debtor recovery and credit services.

Others

• TietoEVRY: Large Nordic software and IT services vendor providing financial-services software, including ERP and AR/collections-adjacent modules across the same accounting customer base Kravia serves. Relevant as both a channel partner and a potential competitive platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/kravia-finland

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

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 Kravia Finland Oy