Founded in 2016, Fairlo AB is a Swedish consumer credit institution with a mission to create a more fair and transparent consumer credit market. The company was started by founders with backgrounds in the debt collection industry who wanted to offer a better alternative to high-cost credits with unclear terms. Fairlo's main product is a flexible line of credit that allows customers to borrow, repay, and withdraw money as needed, paying interest only on the amount used, without hidden fees or fixed terms. The company operates under the supervision of the Swedish Financial Supervisory Authority (Finansinspektionen).