Tagged: denmark

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

January 23, 2019 @ 10:44 am By JD Alois  |  

Finland based peer to peer lender Fellow Finance is now operating in Denmark. The company says it will offer Danish consumers access to credit while Fellow Finance investors will be able to fund Danish loans. Currently, Fellow Finance provides consumer loans in Finland, Germany, Poland, and… Read More

January 14, 2019 @ 8:14 pm By JD Alois  |  

The Danish Tax Agency has been authorized to obtain information on trading in cryptocurrencies via three separate crypto exchanges operating in Denmark. This will mark the first time the information is being made available to the tax authorities which seek to review trading data on crypto beginning on January 1, 2016, up to December 31, 2018. Skattestyrelsen har fået tilladelse… Read More

December 17, 2018 @ 1:27 pm By Samantha Hurst  |  

Denmark-based Saxo Bank announced on Monday a conditional agreement has been reached on a recommended public offer to be made by the bank for the entire issued and outstanding share capital of BinckBank for €6.35 in cash per share (cum dividend).  According to Saxo Bank,… Read More

December 12, 2018 @ 9:02 pm By Cali Haan  |  

A Danish lawyer and “Bitcoin expert,” Payam Samarghandi, has claimed that Denmark’s Bitcoin and crypto traders have been confused by grey tax regulations, which may have put them at risk of future tax penalties: “There are several of them that the tax authorities have contacted now… Read More

November 21, 2018 @ 9:16 am By Samantha Hurst  |  

Denmark-based Saxo Bank announced on Wednesday the launch of its new platform for investors.  SaxoInvestor is described as a platform that gives the growing investor segment the opportunity to build long-term portfolios across stocks, bonds, mutual funds, ETFs, and SaxoSelect portfolios. According to Saxo Bank, the platform… Read More

November 7, 2018 @ 8:37 am By JD Alois  |  

Securitize has formed a new partnership with AmaZix – a community engagement platform for crypto projects. Securitize is a compliance platform for issuance and the management of digital securities on the blockchain. This new affiliation is said to “transform fundraising for blockchain startups, by making… Read More

June 20, 2018 @ 2:16 pm By Samantha Hurst  |  

Nets, a Denmark-based payments platform, announced on tuesday it has expanded into Poland thanks to the acquisition of payments service providers Dotpay/eCard. According to Nets, Andrzej Budzik will continue as CEO of Dotpay/eCard and will report directly to Asger Hattel, Head of Merchant Services in Nets,… Read More

April 12, 2018 @ 12:00 pm By Samantha Hurst  |  

Denmark-based Danske Bank announced on Thursday it has joined forces with Swedish fintech Minna Technologies to offer customers access to a “Subscription Manager” solution, which gives them an overview of all their subscriptions and the possibility of saving both time and money. According to Danske Bank,… Read More

January 12, 2018 @ 9:26 am By Samantha Hurst  |  

Zenz Organic, a natural and ecological beauty product brand, has raised nearly 2.3 million kr funding target through its equity crowdfunding campaign on Invesdor. The company, which was founded in 2009, originally sought to raise a minimum of 1,850,000 million kr, which was achieved quickly. As previously… Read More

January 2, 2018 @ 10:16 am By Samantha Hurst  |  

Zenz Organic, a natural and ecological beauty product brand, has successfully secured its initial 1,850,000 million kr funding target through its equity crowdfunding campaign on Invesdor. Founded in 2009, the Denmark-based company notably produces exclusive eco-labeled haircare and styling products, natural har color, and mineral makeup. Zenz… Read More

July 6, 2017 @ 6:49 am By Cole Lyons  |  

The Monetary Authority of Singapore (MAS) and has announced they have entered a Fintech agreement with the Danish Financial Supervisory Authority (Danish FSA). This new collaboration will allow companies in both Singapore and Denmark to expand into each other’s markets more fluidly. Over the past couple… Read More