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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
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Sweden to increase school security after its worst school mass-shooting

Fast Company Tech

The attack has raised questions about whether security at Sweden’s schools needs to be improved. Sweden’s right-wing government also said last week it would seek to tighten gun laws as the attacker appeared to have used several of his own licensed rifles. Johan Ahlander, Reuters

Sweden 62
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Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

TechCrunch

Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 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.

Marketing 119
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Annotell raises $24M for tech that tests autonomous vehicle perception systems to improve how they work

TechCrunch

In the latest development, Annotell , a startup out of Sweden that makes software to assess the performance of autonomous systems’ perception capabilities, and how to improve that, is today announcing that it has raised $24 million to expand its business. We guide our customers on how to improve it.”

System 93
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Nordic neobank Lunar raises $77M at $2B valuation, launches crypto trading platform and B2B payments

TechCrunch

The startup has raised €70 million ($77 million at today’s rates), at what I understand from a person close to the company to be a $2 billion post-money valuation. From what I understand, it is already raising its Series E, which is expected to close in May of this year at an even higher valuation. Augustinus Fabrikker.

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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. As BNPL startups raise, a look at Klarna, Affirm and Afterpay earnings. That sees the company retain the crown as the highest valued private fintech in Europe.

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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. The company is working towards getting a microfinance bank license to operate as the former in Nigeria.

India 106