Bofink

📍 Stockholm, Sweden🗓 Founded 2015👥 3 employees💰 Last funded Nov 2018
Technology, Information and Internet🌐 bofink.com
Website LinkedIn
Bofink is a Mortgage Credit Institute (license from SFSA) that offers mortgages to Young professionals (post-secondary education). We have developed a unique credit regulation based on machine learning / neural network that forecasts future salary development, which means that we can lend enough to buy a one room apartment in all of Sweden's cities. Today, a newly graduated university or college student can not buy a one in the 20 largest cities in Sweden. In Stockholm, we offer mortgages with a starting salary of SEK 29K / month compared with traditional banks that require SEK 39K / month. Here we capture the majority of all recent graduates and create a new market we call "future prime" in between "prime" and "Sub-prime"-segment. Mortgages are offered from 2.89-4 % and are therefore more attractive to investors than traditional low-yield mortgages. ESG Throughout smart and smoother lending without taking on more risk, Bofink helps the young entering the housing market, reduce exclusion, ensures adequate, safe and affordable housing and growing welfare of the today excluded young population. Bofink thereby fullfil many of the UN's Sustainable Development Goals such as Responsible-, Social-, financial inclusion and impact.
7
Total investors
5
Early stage
2
Mid stage
0
Late stage
2015
Founded

Investors

7 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Sweden
7
Investor activity2017–2018 · investors recorded per year
2017520182
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Bofink?
Bofink has 7 investors on record on gritt.io, including 5 early-stage backers, 2 mid-stage.
When did Bofink last raise funding?
The most recent investment in Bofink recorded on gritt.io was in November 2018.
When was Bofink founded?
Bofink was founded in 2015.
What industry is Bofink in?
Bofink operates in Technology, Information and Internet. Find similar Technology, Information and Internet investors on gritt.io.
Where is Bofink based?
Bofink is headquartered in Stockholm, Sweden.