Tagged: denmark

Denmark-Based SaaS Management Platform Oveo.io Scores €1 Million During Pre-Seed Investment Round

Oveo.io, a Denmark-based SaaS management platform, has secured €1 million through its pre-seed funding round from various angel investors. Founded in 2019, Oveo.io seeks to help modern IT and finance teams gain company-wide visibility into software speed and utilization. “Our SaaS Management Platform give modern… Read More

Pleo to Bring Google Pay Functionality to 13,000 European & UK Customers

Pleo, a Denmark-based fintech startup, recently announced it has launched Google Pay functionality for its more than 13,000 European and UK customers. According to Pleo, customers will be able to immediately benefit from Google’s seamless contactless payment method, giving employees increased flexibility when making business… Read More

Denmark’s Traffic Alert Software Ooono Set to Close Crowdcube Round With Nearly €1.4 Million Raised

    Ooono, a community-based co-driver that connects drivers across more than 50 countries, is set to close its equity crowdfunding campaign on Crowdcube with nearly 1.4 million secured. The funding round, which originally sought to raise €250,000, has attracted 1460 Crowdcube investors. ooono describes… Read More

Copenhagen based Danse Bank Partners Fintech Zenegy to Automate Payment Processing with Corporate Cards

Copenhagen-based Danske Bank (CPH: DANSKE), a major retail bank with more than 5 million retail customers, has partnered with Fintech firm Zenegy in order to launch a new service that will automate the processing of payments made with corporate cards. The payment processing service will… Read More

Copenhagen Fintech Partners with United Nations Development Fund to Launch Operations in Singapore to Address Climate Change, Alleviate Poverty

Copenhagen Fintech, a Denmark based organization supporting financial technology, is teaming up with the United Nations Development Program (UNDP) and several other organizations in order to help Nordic Fintechs with launching operations in Singapore. The initiative is aimed at assisting Nordic Fintechs with setting up… Read More

Update: Mate.Bike’s Equity Crowdfunding Campaign Surpasses €1.8 Million During the Final Week on Seedrs

  Mate.Bike, a Denmark-based e-bike company, has successfully secured more than €1.8 million through its equity crowdfunding campaign on Seedrs. The funding round was launched earlier this month, originally seeking €1 million. It has attracted over 730 Seedrs investors. Mate.Bike is now offering 1.75% in… Read More

Overfunding: Denmark-Based E-Bike Brand MATE.BIKE Quickly Surpasses €1 Million Funding Target Through Seedrs Equity Crowdfunding Round

  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

Denmark’s CreditStretcher, UK’s Elfinity, and 9 Other Fintechs to Participate in Village Capital’s Finance Forward Europe Accelerator

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

Danish Fintech Likvido Secures €2.5 Million, Will Help SMEs Avoid Bankruptcy After Going Bankrupt Itself 2 Years Back

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

Billions of Dollars in Illicit Cash Allegedly Laundered via Danske Bank, with Help of Licensed Crypto Firms in Estonia

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

Seedrs Partners with Capdesk, Seedrs Secondary Market Now Enables Non Seedrs Portfolio Firms to Trade on Platform

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

Open Banking: Danish Accounting Platform Billy to Help SMEs Work with Financial Data from Banks

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

Euronext, a Leading European Securities Exchange, to Acquire 70% of the Shares of VP Securities, a Denmark-based Post-Trade Utility Service

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

Open Banking Platform Nordic API Gateway Acquires €4.6 Million in Capital via Internal Investment Round

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

Denmark-based Insurtech Penni.io Secures from €2 Million in Funding from Major Nordic Region Insurance Sector Participants

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

Denmark’s Smart Payment Card Issuer Pleo Introduces New Credit Card by Partnering with Mastercard, JPMorgan

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

Following $10 Million Funding Round, Danish Fintech Cardlay Partners with Mastercard

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

Letters Sent to 20 000 Suspected Crypto Tax Avoiders in Denmark

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

Danish Fintech Cardlay Receives $10 Million in Funding, Inks Partnership with Eurocard

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

Subaio Launches New Subscription Management Service at Several Nordic Banks

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

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