Nordic Secondary Fund acquires a stake in Fiizy.

Case

RASK advised a client in selling a shareholding in Fiizy to Nordic Secondary Fund (NSF).

Nordic Secondary Fund is the first and only fund in the Nordics to exclusively invest in secondaries. Besides Fiizy, Nordic Secondary Fund has invested in companies such as Klarna, Funderbeam, Click&Grow, GoMore, Norlase, Varjo, Mintos, etc.

Fiizy OÜ is a multi-lender consumer financing platform. Established in 2015 and headquartered in the Nordic tech hub Estonia, Fiizy is active on select European and LATAM markets. Fiizy’s white-label, plug-and-play platform connects consumers with financial services providers, allowing them to instantly receive comparative offers for different financing needs. Fiizy works with over 100 different lenders, including major players such as Santander, BNP Paribas, Citibank, American Express, etc. The company plans to launch a white-label, plug-and-play BNPL solution in Spain in Q4 2021.