Tact Finance Oyj was an international financial technology company that specialized in providing fully automated digital consumer loans and credit solutions directly to customers. Founded as a pioneer in the European fintech lending space, the company aimed to offer flexible and accessible financing through its online platforms. Its business model focused on utilizing advanced algorithms for real-time credit scoring and loan decisions. However, due to significant challenges, including changes in interest rate cap legislation and the failure to secure necessary financing, Tact Finance Oyj filed for bankruptcy in November 2022.

Founded in

Finland