Fimento is a financial SaaS solutions provider specialising in credit insights, loans and factoring, and AI technology. The company forms part of Moank Fintech Group, which includes Moank Bank, an early adopter of PSD2.
Moank began as a consumer lending business. By 2018, Moank recognised that its technology was mature enough to offer to others. The company split into two, giving rise to Fimento, which is the tech arm of Moank Fintech Group. Moank went on to receive a banking license in 2022, while Fimento continued to build out its tech offerings.
In 2023, the company established a significant joint venture with UC—Sweden’s credit reference agency—to provide PSD2 and credit insight services across Sweden and Finland. The company has since expanded its operations to Spain and the Netherlands.
Join us at Stockholm Fintech Week on Feb 11-12!
Credit assessment services
Fimento provides banks and financial institutions with AI-powered analysis of customer bank account data to verify income, analyse spending patterns, and detect potential fraud.
“Our income and expenditure AI has reached accuracy levels of up to 97% in categorisation tasks. We use this categorisation during a customer onboarding process to improve the quality of credit checks,” says Torbjörn Sandahl, CEO of Moank Fintech Group.
Fimento offers real-time bank account analysis for credit assessment, including a 90-day monitoring option to determine risk. The platform can cross-check company financials against their submitted annual statements to verify accuracy and detect potential discrepancies.
With the customer’s consent, Fimento’s tech can also listen for anomalies such as excessive loans or other suspicious account behaviour to determine risk with a high degree of accuracy.
“We’re constantly improving our AI categorisation so that the credit process can become faster, reducing the need for someone to sit at a desk crunching numbers in an Excel spreadsheet,” says Sandahl.
Join us at Stockholm Fintech Week on Feb 11-12!
“Hyperfinance”—groundbreaking factoring technology
Fimento offers a factoring service called Hyperfinance that operates fundamentally differently from traditional bank lending. Instead of going through the immense paperwork of obtaining a fixed credit line—which grows more complex when the company wants to increase that credit line later—Fimento offers a pay-per-use option.
“Companies simply state how much they think they need and then run as fast as they can,” says Sandahl.
No additional fees are associated with having the credit line.
The service is currently up and running with a factoring company in Sweden.
In all cases, Moank Bank provides the financing while Fimento provides the tech behind it.
AI applications at Stockholm Fintech Week
Fimento will flex its muscles at Stockholm Fintech Week by demonstrating two live AI-powered systems. The first, called Moa, is a chatbot that answers questions about the Digital Operational Resilience Act (DORA).
DORA went into force in 2023 and into application on 17 January 2025. Its purpose is to strengthen the IT security of financial institutions.
It’s also 600 pages long with 1,100 lines of requirements, and Moa’s task will be to demonstrate AI’s ability to provide simple, accurate answers based on complex underlying data.
The other AI demo is more personal. Visitors will be able to drop their ID into it and Fimento’s AI will categorise their spending and income for them after they provide consent.
“Fimento is open for business in the fields of credit onboarding, factoring, and PSD2 and PSD3 requirements,” says Sandahl.
