Finlandia Finance Oy has sold its invoice financing (factoring) business to Fundu Oy, with the transaction completed on April 30, 2025.
Finlandia Finance Oy, a subsidiary of Finlandia Group Oyj, has developed a fast-growing invoice financing operation under the auxiliary name Finlandia Rahoitus since 2017. The divestment is a strategic step by Finlandia Group to sharpen its focus on its core wealth management and fund services business, while ensuring continued service and growth opportunities for the invoice financing business under new ownership.
Through this acquisition, Fundu Oy, backed by London-based Pollen Street Capital, expands its service offering into the invoice financing market and strengthens its position as a comprehensive financing partner for Finnish SME companies. The transaction enables Fundu to offer a broader range of solutions, including invoice financing and business loans supported by Finnvera guarantees.
We are very excited about this strategic acquisition, which strengthens our position as a financier of Finnish SMEs.
Lasse Vuola, CEO Fundu
This business transaction is a prime example of a win-win arrangement — for the buyer, the seller, and most importantly, for the end customers of the business. The deal is part of Finlandia Group’s strategy to focus on asset and fund management operations, and it frees up valuable additional resources to support our core business
Mika Manninen, Chairman of the Board Finlandia Group
All employees associated with the divested business will transfer to Fundu Oy under existing terms. The transaction does not require regulatory approvals. The purchase price will remain confidential.
Carner acted as exclusive financial advisor to Finlandia Group Oyj in this transaction.
About Finlandia Group
Founded in 2000, Finlandia Group is a Finland-based financial services group specializing in asset management and fund operations. The group manages over one billion euros in assets and employs approximately 80 professionals.
About Fundu
Fundu’s mission is to support economic growth by providing financing to as many Finnish SMEs as possible. Fundu grants financing independently as well as in cooperation with banks and Finnvera. Fundu aims to serve companies through a fast and streamlined process.
Link to Fundu's original press release
