Fairlo

Fairlo provides a consumer credit line (kontokredit) that is linked to the customer's bank account, with withdrawals paid out directly and repayment possible in flexible amounts. The website lists credit up to 70,000 SEK, a 22.00% interest rate for credit between 3,000 and 70,000 SEK, and fees including a setup fee of 588 SEK, a monthly fee of up to 59 SEK and a withdrawal fee of 195 SEK (first withdrawal free). Other products named on the site are Snabblån, Lån utan UC and Sms-lån.

The customers are private individuals in Sweden who apply for credit. Revenue comes from interest and the fees listed on the website. The site also describes a Trustpilot rating based on more than 4,000 reviews and states that the company holds B Corp certification.

Fairlo was founded in 2018 and is headquartered at Linnégatan 76 in Stockholm, according to the company's structured data. The careers listing shows open roles for a Head of Legal and a Head of Partnerships, both based in Stockholm. The website is published in Swedish and links to a UK-domain site and an online shop.

Product: Kontokredit, a credit line of up to 70,000 SEK linked to the customer's bank account, with direct payouts and flexible repayment.