“Hoist” means “to lift up” and “to give somebody a hoist” means helping someone to get up. The essence of our business is to help people to become debt-free, so it is a fitting company name.
Hoist Finance was founded in 1994 and achieved a key milestone in 1996 with the approval of subsidiary Hoist Kredit AB (publ) by the Swedish Financial Supervisory Authority under the new credit company regulations. Hoist Finance has enjoyed strong, profitable growth for the past five years. Today, the Group is active in 11 European countries and has a strong financial position that supports continued expansion in existing and new markets.
With over 20 years’ experience, Hoist Finance is one of the leading debt purchasing companies in Europe. The Group has operated under the Hoist Finance brand since 2012. Hoist Finance was listed on Nasdaq OMX Stockholm in 2015.