Tagged: finland

Invesdor Raises €1.86 Million, Plans European Expansion

Invesdor Ltd has revealed a new funding round that closed at the end of 2019. According to a blog post, Invesdor raised €1.86 million from a “selected group of large scale investors,” current shareholders and some employees.  Invesdor explained that a total of €1.6 million… Read More

Invesdor COO Günther Lindenlaub Shares Optimistic Note on 2020: The Year of Alternative Equity Solutions

Günther Lindenlaub, COO of the Invesdor Group – a combination of Invesdor (Finland) and Finnest (Austria), has distributed a positive note about the forthcoming year. Lindenlaub states: “alternative financing in the area of ​​equity could also be a possible trend for 2020 for German companies… Read More

Minna Technologies and Finland’s Largest Financial Group, OP, Extend Partnership Involving Open Banking Program

Minna Technologies and Finland’s largest financial group, OP, have extended their partnership which was established last year during OP’s open banking startup partnership program. Minna Technologies was chosen last year to take part in OP’s open banking program. John Nyström, country manager Finland at Minna… Read More

Finland-based Fintech Firm Enfuce Raises €10 Million to Expand Operations Globally

Enfuce, one of the largest Fintech firms in Finland, has raised €10 million (appr. $11 million) via an investment round led by Maki.vc. The round included venture debt from Nordea, LähiTapiola, and Finnvera. Enfuce is one of fastest-growing Fintechs in the Nordic region. The company… Read More

Peer to Peer Crypto Exchange LocalBitcoins Registers with Finnish Financial Supervisory Authority

Peer-to-peer (P2P) bitcoin exchange LocalBitcoins has registered with the Finnish Financial Supervisory Authority, FIN-FSA, the financial regulatory authority of the Finnish government. Earlier this month, Crowdfund Insider reported that five different virtual asset service providers (VASPs) had been approved and LocalBitcoins was in the mix… Read More

Five Cryptocurrency Exchanges Now Registered to Operate in Finland

Five virtual currency service providers (VASPS) have now been authorized by Finland’s Financial Supervisory Authority (FIN-FSA) to provide cryptocurrency services in the region. The five firms must also comply with EU anti-money laundering laws and will be subject to inspection. As well, in announcing the registered… Read More

Fellow Finance Boosts Presence in Sweden. Offers Business Loans and Invoice Financing to SMEs

Crowdfunding platform Fellow Finance has opened its doors to businesses in need of debt capital in Sweden, according to a note from the company. As of today, SMEs in Sweden may now apply for crowdfunding on the Fellow Finance platform. The company will offer business… Read More

Invesdor Seeks New CEO as founder Lasse Mäkelä Announces Transition

European crowdfunding platform and digital investment bank Invesdor is looking for a new CEO. The news was revealed in a post to shareholders by founder and current CEO Lasse Mäkelä who said after 8 years at the helm it is time to find someone with… Read More

Update: Invesdor Completes Merger With Finnest

Nordic crowdfunding platform Invesdor announced on Thursday it has completed its merger with Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms. According to Invesdor, the companies now form Invesdor Group, which is described as a pan-European digital investment and… Read More

Nanso Group Oy Now Seeking €700,000 on Invesdor For Nanso & Vogue Fashion Brand Growths

Nanso Group Oy, the Finland-based company that operates fashion brands Nanso and Vogue is now seeking €700,000 through equity crowdfunding platform Invesdor. Founded in 1921, the company claims that Nanso is one of the most well-known fashion brands in Finland. Meanwhile, Vogue is an internationally… Read More

Fellow Finance Reportedly Facilitated €18.2 Million of Loans in March 2019 & Total Investors Grows to More Than 12,000

Finland based peer to peer lender Fellow Finance announced last week that it facilitated €18.2 million of loans in March 2019 and its total number of investors grew to more than 12,000. As previously reported, Fellow Finance was founded in 2014 and its main business… Read More

LocalBitcoins Implements KYC/AML Customer Identification Procedures

LocalBitcoins, a global web-based service founded in Finland that allows sellers and buyers of Bitcoins to coordinate sales and meetings has announced that it will be requiring users to provide proper identification from now on. The announcement follows the implementation of new laws governing such… Read More

Big News: Finnest and Invesdor Merge to Combine Debt and Equity Operations in Europe

Finnest, an Austria based Fintech that provides debt capital to small and medium-sized firms, has announced a planned merger with Finland based Invesdor Oy. The newly formed company will see the combination of a leading Nordic equity crowdfunding platform and a top online lender serving… Read More

Fellow Finance Facilitates €18.5 Million of Loans in January 2019

Finland based peer to peer lender Fellow Finance announced on Tuesday its platform hit a record-breaking milestone by facilitating €18.5 million of loans in January 2019. The online lender reported that the total number of investors also grew to 11,205. As previously reported, Fellow Finance was founded in… Read More

Fellow Finance Launches Peer to Peer Lending in Denmark

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

Q&A: Invesdor’s Mikko Savolainen on 2018 Successes & 2019 Plans

2018 was another great year for Invesdor, according to management. Founded in 2012 and headquartered in Helsinki with a branch office in Stockholm, the award-winning Nordic market leader in digital fundraising and investing connects European growth companies with global investors. Named Best Nordic Fintech Startup 2018 and regulated… Read More

Nordic Healthtech Naava Crowdfunds on Invesdor in Advance of Expected IPO

Nordic healthtech company Naava is looking to raise up to €2.5 million on Finland based Invesdor crowdfunding platform. The company recently said this funding is in advance of a planned initial public offering (IPO) that management intends on pursuing around 2020 or 2021. This is not… Read More

Denmark Argues Crypto Traders’ Tax Obligations Clear

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

Investment Crowdfunding Platform Invesdor Wins Top Nordic Fintech Recognition

Investment crowdfunding platform Invesdor has won the regional Fintech category of the Nordic Startup Awards which were held in Copenhagen this week. The competition saw over 2500 nominees. The Finland based company competed against finalists from Sweden, Denmark, Norway and Iceland in a combination of… Read More

Fellow Finance IPO Oversubscribed, Fintech to Trade on Nasdaq First North Finland

Fellow Finance, a peer to peer lending platform, has announced that their initial public offering (IPO) will trade on the Nasdaq First North Finland marketplace. The offering was said to be 2.2 times over-subscribed. Fellow Finance will issue a total of 1,300,000 new shares in addition to… Read More

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