Oliver Moseni, co-founder of European fintech bank Froda, discusses the company's capital and fundraising history with Nathan Latka.
0:00 / 0:02exact quote · 2.9s
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“We've raised forty nine million to date.”
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More from Oliver Moseni
Opinion
Froda Could Charge Higher Interest Because Small Businesses Lack Funding Alternatives
“I think we could probably charge more because just as you said, they don't find external financing elsewhere, or at least it's not abundant.”
Oliver MoseniSep 8, 2026▶ 11:03The Surprising Way This Startup Bank Makes Millions
Insight
Lending Tech Fails If It Keeps Traditional Banks' Low Risk Appetites
“If you keep the bank's risk appetite and build a fantastic product from a text tech and UX perspective, you're still not going to be able to serve the like 70% that we do. You would be declining 90%.”
Oliver MoseniSep 8, 2026▶ 16:27The Surprising Way This Startup Bank Makes Millions
Insight
Onboarding Micro-Borrowers Costs Banks As Much As Large Corporations
“For a bank to onboard such a customer is just as costly as onboarding a large corporation that's requiring several million.”
Oliver MoseniSep 8, 2026▶ 3:14The Surprising Way This Startup Bank Makes Millions
AssertionOpen · timeframe Sep 2026
Froda Reaches $500 Million in Active Outstanding Loan Balance
“Current outstanding balance is about half a billion.”
Oliver MoseniSep 8, 2026▶ 6:51The Surprising Way This Startup Bank Makes Millions
PredictionNot yet assessed · timeframe Sep 2029
Froda Expects Elevated Credit Losses to Normalize Back to 3%
“Before This current macro squeeze, we were around like three. It's a little bit elevated now, but we project that we will go back to around the three, 3.5%.”
Oliver MoseniSep 8, 2026▶ 10:31The Surprising Way This Startup Bank Makes Millions
AssertionOpen · timeframe Dec 2026
Froda Is Profitable Today and Does Not Need Outside Capital
“We are profitable today, so we don't really need to raise money.”
Oliver MoseniSep 8, 2026▶ 14:17The Surprising Way This Startup Bank Makes Millions
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