Swedish FinTech Froda has partnered with Visa to expand its card-based embedded lending product for small and medium-sized businesses (SMBs) across Europe. This collaboration enables FinTechs, banks, and neobanks to offer instant business loans using Froda's solution, powered by Visa's infrastructure. The initiative aims to streamline SMB financing through automated credit decisions and instant Visa Direct payouts. Philip Konopik, Visa's Regional Managing Director for Nordics & Baltics, emphasizes the importance of fostering innovation for SMB growth. Froda's CEO, Olle Lundin, sees this partnership as a milestone, demonstrating their commitment to empowering SMBs economically. Currently available in Denmark and Germany, the partnership plans to expand throughout Europe by identifying new markets and partners. This expansion aligns with their goal of providing accessible and innovative financial solutions to SMBs continent-wide.