Remove Fund Remove License Remove Sweden
article thumbnail

Sweden-based digital bank Northmill raises $30M

TechCrunch

Northmill Bank , the Sweden-based challenger that has around 200,000 customers across three European countries, has raised around $30 million in new funding. Leading the round is M2 Asset Management, the Swedish investment company controlled by Rutger Arnhult, and asset management firm Coeli. Next stop, Norway. Making sense of Klarna.

Sweden 93
article thumbnail

Klarna confirms new $31B valuation

TechCrunch

Klarna , the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. It has a range of licensed banking services, such as savings and current accounts, in Sweden and Germany , with more countries to follow.

Sweden 107
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

TechCrunch

million in seed funding. Leading the round is Berlin-based Cherry Ventures — the first deal, I believe, from newly recruited partner Sophia Bendz, who herself is based in Sweden. The Juni dashboard also provides a centralized overview of all your bank accounts, networks and payment services.

Marketing 119
article thumbnail

New South African partnership gets $3M, launches telehealth product

TechCrunch

Webrock Ventures is a Sweden-based investment company that employs a venture-building model. So essentially, the firm partners with tech companies in Sweden and combines its cash with the company’s business models to create portfolio businesses. As a Sweden-based telehealth company, Doktor.se has no intention of expanding.

article thumbnail

With over 1.3 million users, Nigerian-based fintech FairMoney wants to replicate growth in India

TechCrunch

” FairMoney, founded by Laurin Hainy , Matthieu Gendreau and Nicolas Berthozat , is a licensed online lender that provides instant loans and bill payments to underserved consumers in emerging markets. Seven months later, he founded Le Studio VC, a Paris-based startup studio and €15 million fund he ran as CEO for three years.

India 106
article thumbnail

Nordic neobank Lunar raises $77M at $2B valuation, launches crypto trading platform and B2B payments

TechCrunch

Challenger banks have become, collectively, a force to be reckoned with in the world of financial services for consumers, and today one of the big players out of the Nordics — Lunar — is announcing growth funding along with two new services to continue filling out its ambition of providing a one-stop super app for its users.

article thumbnail

Making sense of Klarna

TechCrunch

In contrast to America, he points out how Sweden is among the most successful societies in the world from a social mobility perspective — referencing its free education and free health care, which sets up as many people as possible for success. “We didn’t have a lot of money,” he tells me.

Sweden 143