We are a fast-growing digital credit and payment platform operating in 14 European countries. Through our proprietary IT infrastructure, we develop simple
and flexible payment and financing solutions for millions of customers. Since our founding in 1987, we have consistently combined growth with profitability,
and following the stock market listing in 2016, this development has continued with a strong focus on scalability and automation. The Company is listed on
Nasdaq Stockholm.
Lending and/or deposit activities are conducted in the Nordics, the Baltics, Poland, Germany, Austria, Spain, Ireland, the Netherlands and Italy through subsidiary, branch, or cross-border banking with the support of the Swedish banking license. The business is divided into three segments: Credit Cards, Ecommerce Solutions and Consumer Lending. The target group for all services is creditworthy individuals and the loan amounts are relatively small with short repayment terms.
Credit Cards
In the Credit Cards segment, TF Bank offers credit cards to creditworthy individuals. Operations are active in Germany, Austria, Norway, Spain, and Italy. A cornerstone of our credit card offering is responsible lending. What further distinguishes our product in comparison to other credit cards on the market is its simplicity and the user-friendly digital application process. The credit card is compatible with both Google Pay and Apple Pay in all markets.
TF Bank’s credit card offering has been part of the Bank’s portfolio since 2015, starting in the Norwegian market. Credit Cards were launched in Germany in 2018 and in Austria in 2022. Lending operations in Spain and Italy were established in 2024.
Ecommerce Solutions
In the Ecommerce Solutions segment, TF Bank offers digital payment solutions, primarily within e-commerce, to creditworthy individuals. These digital payment solutions are provided in the Nordics under the Avarda brand. Operations are active in Sweden, Norway, Finland, Denmark, and Germany.
Avarda as a brand was established in 2015, focusing on digital payment solutions in the Nordics.
The goal is to offer payment solutions for online retailers who wish to build and strengthen their own brand throughout the entire purchasing journey, from checkout to payment. The payment solutions are offered for e-commerce and retail in the Nordic region. The Bank sees continued development opportunities in its operations in the Nordic region and has initiated a small-scale launch of credit offerings in Germany at the end of the fourth quarter of 2024.
Consumer Lending
In the Consumer Lending segment, TF Bank offers unsecured consumer loans to creditworthy individuals. The product offering differs between various markets and is adjusted according to the specific conditions in each country. The Consumer Lending offering is available in ten different countries across Europe, where the majority of the operations are conducted in the Nordics and the Baltics.
The Nordic markets for consumer loans are characterised by credit information that is easy to access, a high share of credit intermediaries, and a well-functioning system for collection of unpaid debts.
The Baltic countries have fast-growing credit markets with several established Nordic companies operating locally.
Deposits
TF Bank offers savings accounts to individuals seeking a secure way to save at competitive interest rates. By receiving deposits through these savings accounts, the Bank funds its lending operations in a stable and cost-efficient manner. Savings accounts are available in selected markets and are covered by national deposit guarantee schemes in accordance with local regulations, providing a high level of security for customers.