Hoist Finance was founded in 1994 and achieved a key milestone in 1996 with the approval of the subsidiary Hoist Kredit AB by the Swedish Financial Supervisory Authority under the new credit company regulations. Hoist Finance has enjoyed strong, profitable growth for the past years, and we are currently operating in eleven European countries with more than 1,600 employees. With over 20 years of experience, we have become one of the leading debt management companies in Europe – and we are growing fast. The Group has operated under the Hoist Finance brand since 2012 and was listed on Nasdaq Stockholm in 2015. Our subsidiary Hoist Kredit merged with Hoist Finance in 2018.
We purchase both performing and non-performing loans from our partners, international banks and financial institutions, so that they can free up resources for their respective core business. Apart from helping people getting back on track financially, this also contributes to upholding a sustainable, fair and stable credit market since we help banks to offload their balance sheet so that they can meet their regulatory requirements.
Our focus is on contributing to the financial eco system, being a trustworthy partner for banks and helping people to keep their commitmentsLars Wollung CEO, Hoist Finance AB