Scramble

Scramble is an Estonian platform, founded in 2020 and based in Tallinn, where investors buy claims on loans to consumer-goods brands. Almost all the brands are British, a few Dutch. Investors do not lend themselves: a lender signs the financing agreement with the brand under UK law, and investors acquire a pro-rata share of the repayments by assignment. A new batch opens every month, the standard term is six months, and a brand can extend it to 24 months for extra fees. Money goes into one of two groups rather than into single brands. Group A claims rank senior and are repaid monthly; Group B claims are subordinated, make up 15% of a batch and take the first losses ahead of Group A. There is no buyback. What stands behind a claim is a guarantee from each co-founder of the borrowing brand, capped at 40% of their lifetime income, plus a security deposit withheld from the disbursement. Claims are assigned automatically according to the settings an investor sets, so nobody picks single brands, and allocated capital cannot be withdrawn before the brand repays. The minimum is 10 euros and Scramble charges investors no commission. The platform is operated by Scramble OÜ, registry code 14991448, a subsidiary of the British company Scramble Limited.