Monthio strengthens their Swedish presence to support lenders with real-time credit data solutions

With increasing demands for speed, compliance, and transparency, Swedish lenders now gain local access to Monthio’s proven credit data solution - supporting better decisions and stronger customer journeys.‍

Swedish lenders are under growing pressure to improve the speed, quality, and regulatory compliance of credit decisions - all while meeting customer expectations and managing operational risk. Manual checks, inconsistent income verification, and time-consuming documentation continue to slow down processes for both lenders and applicants.

‍To support this shift, Monthio is strengthening its presence in Sweden by appointing Patrick Radise as Account Director, Asset & Consumer Finance. The aim is to deepen our collaboration with financial institutions across consumer, auto, and asset finance - and to ensure local, strategic support on the ground.

‍This move reflects the demand we’re seeing from the Swedish market and aligns with our commitment to listening to local needs and working closely with lenders on the ground. It’s a natural continuation of our growth across Europe.

A proven solution for modern credit decisioning

In Denmark, Monthio is already used by more than 85% of consumer and asset finance lenders. These organisations rely on our platform to simplify credit assessments, improve risk transparency, and reduce friction in the customer onboarding process - all while meeting regulatory expectations.

This proven model is now being extended further into the Swedish market, where our solution is already trusted by institutions such as Danske Bank Sweden, Drivalia, Synsam, and Creditstar.

Lenders use Monthio to:

• Automate income and spending analysis using real-time transaction data
• Minimise manual case handling and documentation requirements
• Gain a reliable, up-to-date view of applicants’ financial situations
• Support faster, more transparent, and compliant credit decisions
• Stay more competitive while providing a better credit experience (Credit as a Service) to consumers

Our solutions replace fragmented data handling with a structured, consistent view - helping lenders act faster without compromising on quality or compliance.

‍Welcoming Patrick Radise

Patrick Radise brings solid experience from the financial and data technology sectors, with previous roles at Provenir, Wiraya, and Teradata. He also recently supported Monthio as a consultant, giving him a strong understanding of Monthios solutions - and of the operational challenges lenders face in Sweden.

“Swedish financial institutions are expected to act quickly, stay compliant, and understand their customers’ financial positions in greater detail. That can be a challenging balance. Monthio offers a practical and structured way to support that - and I’m pleased to be part of the team bringing that value to the Swedish market,” says Patrick.

From presence to partnership

The appointment of a locally based commercial lead marks an important shift in how we engage with the Swedish market. With growing momentum and trusted partnerships already in place, we are focused on helping more lenders make credit processes simpler, faster, and better-informed.

This is an important and strategic step to make Monthio’s solution available to more Swedish lenders - delivered through an experience teams can see in a live demo.

‍“In our demos, teams see transactions turn into a clear, financial overview that credit teams can use to make decisions - and that end-users can easily correct and complete by adding missing data, updating figures, and attaching documents so it reflects their situation accurately. Seeing the overview come together in seconds is often when buyers are convinced about the noticeably smoother user experience of our solution. We look forward to helping more Swedish lenders deliver superior customer experiences, with the data and insights that support their credit decisions - and with Patrick on the ground, we can build deeper, more informed partnerships,”  says Mads Aarup Pedersen, Founder & CEO of Monthio.

Get in touch with Patrick

🔗 Patrick Radise on LinkedIn

Phone: +46760255025

Email: pra@monthio.com