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Multitude review

Updated September 29, 2026 · SumCue Editorial Team · Facts checked September 29, 2026

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Our verdict

Multitude suits residents in Sweden seeking a credit line with rapid funding that can be drawn and repaid in flexible amounts, rather than a fixed instalment loan. Costs centre on pricing at 30.31% to 57.26% plus 565 SEK, so you should weigh the published example carefully against cheaper alternatives such as DKB.

Key facts

Best for
For flexible credit line borrowing with rapid access to funds.
APR
30.31% to 57.26%↗
Loan amount
SEK 10,000 to SEK 50,000↗
Arrangement fee
565 SEK↗
Funding time
Within one banking day↗
Representative example
SEK 23000 Ferratum Credit over 12 months at 37.68% effective, total SEK 27013.83↗
Rate type
Variable↗
Lender type
Direct lender↗
Free early repayment
Yes↗
Eligibility
21+ years, resident in Sweden↗
Loan types
Credit-line↗
Features
Credit line, Same-day funding
Official website
multitude.com

Facts checked September 29, 2026, 3 sources

Apps and profiles

Elsewhere
WikidataTrustpilotLinkedInLinkedInX

Pros and cons

Pros

  • Revolving credit line within SEK 10,000 to SEK 50,000 lets you draw and repay flexibly to suit gaps in cash flow.
  • Funding described as Within one banking day with credit line and same day funding helps when you need access without extended delay.
  • Direct lending as direct lender keeps your agreement, pricing and servicing with Multitude rather than a broker chain.
  • Early repayment without extra charge under free early repayment helps you limit interest by clearing balances promptly.

Cons

  • Pricing at 30.31% to 57.26% is dear compared with DKB at 6.99%, so extended balances grow costly.
  • Support runs on help centre only, which limits you if you prefer phone or chat help.
  • Borrowing is limited to SEK 10,000 to SEK 50,000 and suits revolving needs rather than large fixed loans.
Multitude

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Scored 9.1 / 10 by SumCue.

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Who it suits

  • For you if you want revolving credit within SEK 10,000 to SEK 50,000 rather than a fixed loan, unlike the fixed sum at €5,000 from 5in5.
  • For you if you accept pricing at 30.31% to 57.26% for flexibility, where DKB at 6.99% suits fixed lower rate needs.
  • For you if you are resident in Sweden and meet 21+ years, resident in Sweden, where local terms and rapid funding matter.

Who should look elsewhere

  • Not for you if you want the lowest rate instalment loan, where DKB at 6.99% may be cheaper than 30.31% to 57.26%.
  • Not for you if you want a fixed loan with set repayments, where Ibancar Prestamos at 12.74% to 13.01% may fit better than a revolving line.

Who regulates it

Multitude acts as direct lender for this Swedish credit line, which means your credit agreement, pricing decisions and account servicing rest with the lender shown in your documents rather than with a broker or marketplace that passes applications elsewhere. That structure keeps responsibility for assessment, payouts and repayment handling in a defined chain, and it makes the Swedish price list and credit terms the reference point for what you pay and how queries are handled. Oversight connected with this business is linked to Malta Financial Services Authority, so you should read the agreement to confirm the contracting entity, the complaints route and the supervisory remarks that apply to residents in Sweden. If you value a direct relationship with named account materials and a clear lender identity, this arrangement provides that clarity before you draw. It also means communications about limits, statements and changes come from the same organisation that grants the credit.

Rates and costs

Costs for this credit line are expressed as 30.31% to 57.26%, which reflects the annual cost of revolving borrowing when interest and mandatory charges are included in the calculation. Alongside interest you pay 565 SEK, which is charged as an upfront amount linked to the credit arrangement and adds to the total cost of smaller or shorter draws. The published illustration, described here as representative example, sets out a sample draw with a stated effective rate and a stated total repayable sum over monthly repayments, and it helps you see how charges accumulate beyond the cash received. The illustration is only an example, so your own cost will move with the amount you draw and the pace of repayment. Early settlement is allowed without extra charge, as covered with free early repayment, which means you can lower the total cost by repaying ahead of schedule rather than carrying balances across extended periods. You should compare the illustration with your planned use, consider how the limit affects affordability, and allow for change in the rate during the life of the balance.

Deposit protection

This is borrowing rather than a savings or deposit product, so there is no savings balance that earns interest or that falls under deposit protection in the way household savings do. The published illustration, described here as representative example, is provided to show the effective cost and total repayable sum for a sample draw, and you should use it to judge affordability and repayment capacity before you apply. The account is supplied directly as direct lender, which means the lender named in your agreement is responsible for the credit assessment, the payout mechanics and the handling of repayments and queries. You should keep copies of the agreement, the price list and repayment notices, and monitor statements so the balance, charges and remaining limit stay visible through the life of the line. That discipline matters most with revolving credit, where repeated draws can extend the period over which interest accrues.

How Multitude compares

Where Multitude is available

Available
Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, Germany, Latvia, Malta, Norway, Romania, Slovenia, Sweden
Licence in Malta
Malta Financial Services Authority (C56251), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

Who can apply for Multitude credit in Sweden?+

You can apply as an adult resident in Sweden meeting the stated criteria at 21+ years, resident in Sweden. The offer is shaped around local rules and local currency, so you should check residence and age conditions before you proceed with an application for this credit line.

How does the credit line work?+

The product is structured as credit line with pricing at 30.31% to 57.26%. You draw within SEK 10,000 to SEK 50,000 and repay flexibly, with interest charged on the balance you use rather than on a fixed loan sum agreed at the start of the agreement.

What does borrowing cost including fees?+

You pay interest linked to pricing at 30.31% to 57.26% plus 565 SEK. The published illustration shows the effective cost and total repayable sum for a representative draw, so review that illustration alongside your own repayment plan and expected duration.

How quickly can you receive funds?+

Funding is described as Within one banking day with credit line and same day funding supported on the account. You manage draws through the online account, and timing can depend on your bank and on when your application is approved during normal banking hours.

Can you repay early without extra charge?+

Early settlement is allowed without extra charge, as covered by free early repayment. You can therefore reduce interest by repaying ahead of schedule, which helps if you use the line for short gaps rather than for extended borrowing over many repayment periods.

Who provides the loan and who oversees it?+

Multitude operates through Multitude AG based in Switzerland and acts as direct lender. Oversight is linked to Malta Financial Services Authority, so you should read the Swedish terms and price list to see which entity and which rules apply to your own agreement.

How do you get help with your account?+

Support is provided through help centre, where you can find guides on applications, repayments and account management. You should use those materials to understand costs at 30.31% to 57.26% and the steps for managing your credit line in a responsible manner.

Sources

  • ferratum.se checked September 29, 2026

    Backs: Funding time

    “With approved application you have money within one banking day for Ferratum Credit”

  • ferratum.se/credit checked September 29, 2026

    Backs: Eligibility, Free early repayment, Lender type, Loan types, Rate type, Representative example

    “You must be at least 21 years and registered in Sweden for Ferratum flexible credit”

  • ferratum.se/prislista checked September 29, 2026

    Backs: Loan amount, APR, Arrangement fee

    “Effective rate on 10,000 SEK and on 50,000 SEK in Ferratum Credit price list”

  • multitude.com/our-growth-stories/ferratum checked September 29, 2026

    Backs: Features

    “customers can have funds within minutes for Ferratum CreditLimit”

Compiled from 4 source pages, checked September 29, 2026. We did not open an account.

Not confirmed yet: Term, Credit check.

Multitude

Multitude

For flexible credit line borrowing with rapid access to funds.

9.1/10Visit