Employer profile
Fainin
Hamburg, DEImpact-drivenPrivate SectorDigital & ITSustainable Services
Impact3Sustainability Goals
Employees11 - 50
Founded2021
LocationHamburg
About Fainin
Fainin is an online platform for cheap and insured peer-to-peer rentals, enabling users to access needed products without purchase and owners to earn money by lending out unused possessions. As a winner of the German Sustainability Award 2026, Fainin promotes a circular economy model and offers a trust-based platform with 100% verified users and transaction insurance up to €15,000. Fainin also supports Ukrainian refugees with commission-free services and has a B2B product for employee sharing.
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Sustainability Goals
Responsible Consumption & Production
Advancing Circular Economy Through Sharing
The organization enables users to rent items instead of buying new ones, thereby conserving resources and extending product lifecycles. This practice reduces waste and fosters a more sustainable consumption culture.
Decent Work & Economic Growth
Creating Income Opportunities for Individuals
Fainin allows owners to rent out unused items, generating income and fostering new forms of economic participation. This contributes to local economies and offers flexible earning potential.
Reduced Inequalities
Facilitating Access to Goods for Everyone
The platform offers affordable rental options, enabling broader access to a variety of products for diverse population groups. This reduces financial barriers and promotes social equity.
Refugee Support Through Commission-Free Rentals
Fainin supports Ukrainian refugees by providing a commission-free service for renting and offering items, helping to meet their needs and foster integration.
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FAQs
Q1What is Fainin's core business?+
Fainin operates an online platform facilitating cheap and insured rentals of a wide variety of items directly from the neighborhood. Users can access needed products without purchase, while owners can earn money by lending out unused possessions. The platform offers categories such as Tech, Events, Photo & Video, Sports, and Travel.
Q2What impact does Fainin pursue and what awards has the organization received?+
Fainin demonstrates a strong commitment to sustainability and social responsibility, recognized as a "German Sustainability Award 2026 Winner." The organization promotes a circular economy model that reduces consumption and supports Ukrainian refugees with commission-free services. Its primary SDGs are Responsible Consumption and Production (SDG 12), along with Decent Work and Economic Growth (SDG 8) and Reduced Inequalities (SDG 10).
Q3What security and trust features does Fainin offer its users?+
Fainin prioritizes trust and security through 100% verified renters, an escrow payment system, and insured transactions up to €15,000 in partnership with ERGO. The platform also utilizes AI-based fraud detection to ensure a secure sharing community.
Q4Where is Fainin headquartered and how many employees does the organization have?+
Fainin is headquartered in Hamburg, Germany. The organization currently employs 22 staff members, falling within the 11-50 employee size category.
Q5Does Fainin offer a B2B product?+
Yes, Fainin has launched a B2B product called "2-share" to enable secure sharing among employees. This offering targets firms that want to promote a sustainable and trustworthy sharing culture.
Q6How is the Fainin app rated by users?+
The Fainin app is available on both the Apple Appstore and Google Playstore, boasting an average rating of 4.9 stars based on 239 reviews.
