When was Finora Group founded?

Finora Group was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Finora Group located?

Finora Group is headquartered in Tallinn, Estonia. It is registered at Tartu mnt 25.

Who is the current CEO of Finora Group?

Andrus Alber of Finora Group. They have also founded 1 company.

Which legal entities is Finora Group associated with?

Finora Group is associated with OÜ Finora Factoring.

How many employees does Finora Group have?

As of Aug 31, 2026, the latest employee count at Finora Group is 10.

Is Finora Group a funded company?

Finora Group is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on 2014.

When was the latest funding round of Finora Group?

Finora Group's latest funding was a $***** Conventional Debt round on 2016, with participation from 0 investor.

Where does Finora Group rank among its competitors?

Finora Group ranks 5th amongst 32 active competitors, none of which are funded.

Who are the top competitors of Finora Group?

Finora Group's top competitors include Inbank, Eestihoius and Remell. Among them, ESTO secured the most recent funding round in May, 2024.

Finora Group - 2026 Company Profile, Team, Funding & Competitors

Company Details

Platform offering loan solutions. It is a platform offering loans, leasing, factoring, and guarantees to companies and individuals.

Website: finoragroup.eu
Social
Email ID: *****@finoragroup.eu
Phone Number: +372 **********
Registered Address: Tartu mnt 25

Key Metrics

Founded Year

2014

Location

Tallinn, Estonia

Stage

Funding Raised

Latest Funding Round

Conventional Debt, 2016, $*****

Investors

Sorainen

Ranked

5^th among 32 active competitors

Employee Count

10 as on Aug 31, 2026

Similar Companies

InCred & 1020 more

View Finora Group's full profile

Finora Group is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
OÜ Finora Factoring CIN: 14439107 , Estonia, Active	Feb 28, 2018	€0 - €1M (As on Dec 31, 2023)	-

Finora Group has raised funding over 2 rounds. Its first funding round was on 2014. Finora Group has 1 institutional investor.

Here is the list of recent funding rounds of Finora Group:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
2016	1782	Conventional Debt	9109	8035	1641	7267
2014	3733	Conventional Debt	3715	4881	3428	Sorainen

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View details of Finora Group's funding rounds and investors

The founders of Finora Group is Andrus Alber. Andrus Alber is the CEO of Finora Group.

Here are the details of Finora Group's key team members:

Andrus Alber: Founder & CEO of Finora Group and founder of 1 other company.

View details of Finora Group's Founder profiles and Board Members

Finora Group's employee count trend

Finora Group has 10 employees as of Aug 26. Here is Finora Group's employee count trend over the years:

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Top competitors of Finora Group include Inbank, Eestihoius and Remell. Here is the list of Top 10 competitors of Finora Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Inbank 2011, Tallinn (Estonia), Funding Raised	Provider of embedded financing solutions for retail businesses. This company offers a platform that integrates financing directly into the point of sale, enabling merchants to offer flexible payment options to customers. The platform handles credit and fraud risk, allowing merchants to receive payments upfront while customers pay over time. Solutions are tailored to various retail models, both online and offline, facilitating seamless transactions for both merchants and consumers. The company also provides digital financing tools for personal use.	-	Goose Valley Ventures, Starter	42/100
2nd	Eestihoius 2013, Tallinn (Estonia), Unfunded	Provider of lending solutions for various purposes	-	-	35/100
3rd	Remell 2010, Tallinn (Estonia), Unfunded	Platform providing loan solutions	-	-	33/100
4th	Ferratum Group 2005, Helsinki (Finland), Deadpooled	Online/mobile based short term loans provider	-	Pontos	31/100
5th	Finora Group 2014, Tallinn (Estonia), Funding Raised	Platform offering loan solutions	-	Sorainen	29/100
6th	ESTO 2016, Tallinn (Estonia), Funding Raised	Provider of consumer credit lines loans and deferred payment options	-	Ferratum Global	29/100
7th	Newfoundland Club of Estonia 2022, Estonia, Unfunded	Provider of lending solutions for financial management	-	-	24/100
8th	Laenuraha 2018, Tallinn (Estonia), Unfunded	Platform providing loan solutions	-	-	24/100
9th	Forex Invest Group 2024, Tallinn (Estonia), Unfunded	Platform offering financial solutions	-	-	24/100
10th	aiarent 2016, Tallinn (Estonia), Unfunded	Platform offering financing solutions	-	-	24/100