Tagged: finland

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

Online Lending Platform Fellow Finance Announces Sweden Expansion

Finnish crowdfunding and peer-to-peer lending platform Fellow Finance announced on Monday it has expanded in Sweden. The company reported it launched a new channel for personal financing for Swedish customers and thus simultaneously created an opportunity for its investors to start investing in Swedish consumer loans…. Read More

Finland: Investments into Startups Hit Record High of €349 Million, Crowdfunding Doubles From Year Prior

In Finland, investments into startups has hit a record high of €349 million. A report provided by the Finnish Business Angels Network (FiBAN) and the Finnish Venture Capital Association (FVCA) provide the data on the rise in backing early stage Finnish firms. According to the… Read More

Finnish Fintech Zervant Secures €6 Million Through Latest Funding Round Led By Tesi

Zervant, a Finnish fintech that provides online invoicing software for small businesses and entrepreneurs in Europe, announced on Tuesday it secured  €6 million through its latest investment fund, which was led by Tesi, with participation from Northzone, NFT Ventures, and Conor Venture Partners. Zervant explained that it… Read More

Finnish Fintech Mash Announces Collaboration With Verifone to Provide Pay-Later Solutions for Physical Stores Across Europe

Finnish fintech Mash announced on Monday it has formed a partnership with Verifone to provide a pay-later solution for use in physical stores across Europe. According to Mash, the new service will provide consumers with an easy option to pay later, while still processing merchant payments… Read More

Finnish Trade-In Car Dealership Master Car Launches Invesdor Campaign

Master Car, a Finland-based trade-in car dealership that specializes in imports and additional services, has launched an equity crowdfunding campaign on Invesdor seeking a minimum of €500,000 (max €1 million). Founded in 2014, the company describes itself as a marque-independent used car dealership.  “Our professional import makes us stand… Read More

Banco BNI Europe is Now Investing in Fellow Finance Listed P2P Loans

Challenger bank Banco BNI Europa is now investing in loans via the Fellow Finance platform. According to information provided by Fellow Finance, Banco BNI is the first European bank to invest in loans on its platform. Banco BNI Europa will now be present on the… Read More

Overfunding: Finnish Clean Energy Company Wello Surpasses €1 Million Funding Target on Invesdor

Wello, a Finnish clean energy company that provides a wave energy based solution called the Wello Penguin, has successfully secured its minimum €1 million funding target on equity crowdfunding platform Invesdor thanks to more than 275 investors. As previously reported, Wello, which was founded by Heikki Paakkinen, stated it… Read More

MoveSole Signs Distribution Deal For Northern & Central Europe As Invesdor Campaign Secures 50% of Funding Target

MoveSole Ltd, a Finnish company developing smart insoles for healthcare professionals, announced this week it has signed a distribution deal for northern and central Europe with Mobility Research Denmark. The company’s product, MoveSole Smart Insoles, notably helps healthcare professionals by measuring the effectiveness of offloading at the clinics… Read More

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