Swedish fintech frontrunner, Froda, has broadened its alliance with Visa to amplify the reach of embedded SMB lending throughout Europe. This empowers fellow fintech entities, banks, and neobanks to tap into Froda’s card-based embedded lending offering, thereby facilitating business loan provisions for their clientele.
The collaboration is geared towards facilitating SMBs' access to financing promptly via automated credit evaluations and instantaneous Visa Direct disbursements.