Brief: Sweden FSA Approves FundedByMe’s Loan Making Process

March 4, 2016 @ 10:28 am By Samantha Hurst

This week, Swedish crowdfunding platform, FundedByMe, announced it has received approval from the FSA for its loan making process.

FundedByMe revealed:

“In light of the material FSA has received, in the request, judges FSA to FundedByMe Crowdfunding Sweden Aktiebolag [does not] need to take any action on the Act (2004: 299) on deposit operations.”

Here’s how FundedByMe’s loan making process works:

Only registered limited liability company that has been operating for more than 18 months and has a turnover of at least 150 000 SEK can apply for loans of FundedByMe.
Companies’ financial position and the information verified by the Credit Information Agency (UC) and Bisnode. A risk assessment drawn up showing the potential risk for the investment.
Lender verifies their identity by uploading identification documents.
The interest rate on the loan is determined by FundedByMe and gets between 6,25- 13.33%.
Minimum loan amount is 50 EUR.
A low fee of the loan with respect to success.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 24, 2026 vs Jan 1, 2025 - Oct 24, 2025

Number of Filings131Prior 126 +4.0%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	126	+4.0%
Target raise	$3.40B	$3.54B	-3.9%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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