Tagged: denmark

July 6, 2020 @ 10:51 am By Samantha Hurst  |  

  Mate.Bike, a Denmark-based e-bike company, has quickly surpassed its initial €1 million equity crowdfunding target on Seedrs. Founded in 2016, Mate.Bike was founded by  siblings Christian Adel Michael and Julie Kronstrøm Carton who wanted to disrupt the unhandy, granny, and expensive e-bike market by… Read More

July 5, 2020 @ 7:17 pm By Omar Faridi  |  

Village Capital helps company founders and business owners through its accelerator program. There are 11 early-stage Fintech firms that will be taking part in Village Capital’s investment-readiness program, called Finance Forward Europe. The initiative is part of Finance Forward, which is a multi-year global coalition… Read More

June 12, 2020 @ 11:47 am By Omar Faridi  |  

Danish Fintech firm Likvido has reportedly secured €2.5 million in seed funding from BlackFin Tech in order to assist SMEs that might be struggling to maintain their operations. The company’s founders say they want to help business owners avoid bankruptcy after going bankrupt themselves only… Read More

June 12, 2020 @ 7:33 am By Omar Faridi  |  

Estonia, one of the world’s most developed nations with an advanced, high-income economy that’s among the fastest-growing in the EU, is reportedly caught up in one of Europe’s largest-ever dirty-money scandals. Estonia has been quite active when it comes to encouraging the adoption of digital… Read More

May 28, 2020 @ 8:19 am By JD Alois  |  

Capdesk – Seedrs Partnership Creates First Private Secondary Market for Shareholders and Employees in Europe Seedrs, a top UK based investment crowdfunding platform, is unique in the fact it has created a viable secondary marketplace for private securities issued via the platform. By enabling investors… Read More

May 14, 2020 @ 4:21 pm By Omar Faridi  |  

Danish small business accounting platform Billy aims to leverage Open Banking technology and processes, in order to gain access to SMEs’ data from banks. Billy aims to use its cloud platform to transform how SMEs perform their accounting work. Billy claims around 18,000 customers in… Read More

April 27, 2020 @ 10:21 am By Omar Faridi  |  

Euronext, a leading European securities exchange, will be acquiring 70% of the shares of VP Securities, a Danish post-trade utility service. The shares will reportedly be acquired from existing owners, which include Denmark’s reserve bank, Danske Bank, Nykredit, Nordea and Jyske Bank Euronext’s management confirmed… Read More

April 23, 2020 @ 7:53 am By Omar Faridi  |  

Open Banking platform Nordic API Gateway has acquired an additional €4.6 million in capital through an internal investment round, which was supported by the firm’s partners, Danske Bank, and DNB. Nordic API Gateway has now raised a total of €13.3 million. The capital acquired will… Read More

March 6, 2020 @ 7:09 am By Omar Faridi  |  

Denmark-based Insurtech company Penni.io has reportedly secured €2 million in funding from three major Nordic region insurance industry participants. The firm is planning to use the capital raised to expand its operations across Europe and globally. Established in 2016, Penni.io aims to assist insurance companies,… Read More

January 31, 2020 @ 10:35 am By Omar Faridi  |  

Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan, the largest bank in the US. Pleo’s management says that the new product offering is expected to replace the firm’s older… Read More

January 27, 2020 @ 3:21 am By JD Alois  |  

Cardlay, a Danish Fintech company, provides a white-label frontend for banks and their corporate clients. Cardlay helps companies automate business processes, including applications, integrated and real-time travel expense management, and more. Last October, Cardlay raised $10 million in funding while announcing a partnership with Eurocard…. Read More

December 11, 2019 @ 12:55 am By Cali Haan  |  

After being granted the right earlier this year to demand user records from 3 cryptocurrency exchanges in the country, Denmark’s tax authority, the Skattestyrelsen, has now sent 20 000 letters to Danish citizens it believes may have skirted taxes on capital gains from cryptocurrency trades. Recipients… Read More

November 14, 2019 @ 10:50 am By JD Alois  |  

Danish Fintech Cardlay has raised $10 million funding led by SEB Bank and Seed Capital along with existing investors. Simultaneously, Cardlay has announced a new partnership with Eurocard, the largest issuer of corporate cards in Scandinavia. Mads Krumhardt, CEO of SEB Kort Bank – the… Read More

November 4, 2019 @ 7:32 am By Omar Faridi  |  

Subaio has launched its subscription management service at several Nordic banks, including Bulder Bank, a new challenger bank. The Subaio product provides users an overview of their subscriptions and the recurring payment schedules. The solution allows users to make changes to their subscriptions or cancel… Read More

September 24, 2019 @ 3:49 pm By Samantha Hurst  |  

Denmark-based blockchain company Securechain announced on Tuesday the public launch of its blockchain freelance Finmail Work. According to Securechain, the platform is committed to providing an “open environment” for people anywhere in the world to work and receive payment. “Finmail is the first web and… Read More

May 14, 2019 @ 8:29 am By Samantha Hurst  |  

Pleo, a Denmark-based fintech startup, announced on Tuesday it secured $56 million through its Series B investment round led by Stripes, a leading New York-based growth fund, with participation from existing investors, Kinnevik, Creandum, and Founders. This funding comes less than a year after Pleo… Read More

April 23, 2019 @ 2:20 pm By Samantha Hurst  |  

LuggageHero, a Denmark-based luggage storage service, has successfully secured its initial €1.2 million funding target on equity crowdfunding platform Seedrs. Founded in 2016, LuggageHero provides easy, cheap and safe storage of luggage around the central areas of big cities using retail stores and hotels. Been… Read More

April 8, 2019 @ 10:58 pm By Cali Haan  |  

Lithuania has been moving for some time to establish itself as a Fintech leader in the Baltics. According to the previous reporting at Crowdfund Insider, the country registered 35 new Fintechs in 2017, and in early 2018, Invest Lithuania Managing Director Mantas Katinas promoted the… Read More

February 22, 2019 @ 7:43 am By Cali Haan  |  

Close on the heels of Danske Bank being ordered out of Estonia this week for its alleged role in laundering funds totaling $234 billion USD for Ukrainian, Azerbaijani and Russian clients, Danske Bank has now announced it will be, “clos(ing) down its banking activities in… Read More

February 1, 2019 @ 7:59 am By JD Alois  |  

The Concordium Foundation has partnered with Aarhus University and their Department of Computer Science to launch the  Concordium Blockchain Research Center. The Concordium Foundation is expected to receive approximately 10 million DKK per year for five years for the Research Center (about USD $ 1.5 million or USD… Read More