FinFrog

Finfrog operates as a digital-first financial platform in France, specializing in providing micro-loans to consumers. The company was founded in 2016 by Riadh Alimi, who currently serves as the CEO. Alimi's journey to creating Finfrog was influenced by his decade of experience in financial services and a personal event where he was refused a bank loan after becoming an entrepreneur, highlighting the rigid criteria of traditional lending institutions. This experience underscored the need for more flexible financing solutions adapted to modern career paths beyond permanent contracts.

The firm positions itself as a responsible alternative to costly bank overdrafts, targeting a broad demographic that includes freelancers, students, temporary workers, and full-time employees. It primarily serves individuals in France who might face temporary cash flow shortages or have unexpected expenses. Initially operating as a peer-to-peer lending intermediary registered with ORIAS, Finfrog connects individual lenders with borrowers. In February 2025, the company achieved a significant milestone by obtaining a financing company license from the ACPR-Banque de France, a move that allows it to incorporate institutional lenders and substantially increase its lending capacity.

Finfrog's business model is centered on a fully online, mobile-first platform that allows users to apply for a loan in minutes. Revenue is generated through a commission, ranging from 1% to 3%, on each loan financed through the platform. The company offers loans typically between €100 and €600, with repayment plans stretching over three to ten months. A core component of its operation is a proprietary scoring model that leverages artificial intelligence and Open Banking APIs to analyze an applicant's bank statements and assess creditworthiness in near real-time. This technology enables Finfrog to provide a lending decision within 24 hours and, for a majority of approved clients, disburse funds almost instantly. This process caters to urgent needs such as car repairs or unforeseen bills, which are common reasons for loan applications among its client base.

Keywords: micro-credit, personal loans, fintech, online lending, peer-to-peer lending, consumer finance, loan application, credit scoring, financial services, Open Banking, instant loan, AI in finance, budget management, alternative financing, overdraft alternative, short-term loans, mobile lending, France fintech, Riadh Alimi, responsible lending, financial inclusion, crowdfunding, loan servicing software, digital loans, credit access