Tagged: sweden

Nordea Announcement: Open Banking Goes Live in Sweden

European financial group Nordea announced on Friday the launch of its open banking services in Sweden. According to the company, the open banking launch gives developers the possibility to begin building applications designed for both Finnish and Swedish customers. Nordea reportedly launched the Open Banking platform… Read More

US Securities and Exchange Commission Suspends Trading in OTC Listed Ether Tracker One & Bitcoin Tracker One

The Securities and Exchange Commission (SEC) issued a temporary suspension of trading of two cryptocurrency related securities. Both the Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF) traded on OTC Markets saw trading halted as ordered by the SEC. The temporary suspension went into effect… Read More

FundedByMe Reports Strong Growth for 6 Months in Semi Annual Report

FundedByMe, a European investment crowdfunding platform, has published semi-annual numbers that indicate strong growth. According to the company, during the first 6 months of 2018, FundedByMe saw top line revenue increase by 495%. The company called the report  a “very successful first 6 months, with… Read More

FundedByMe Appoints Emma Leven as Group CFO

FundedByMe, a multi-national investment crowdfunding platform, has appointed Emma Levén as the new group CFO. This new role is part of FundedByMe’s ongoing expansion plans. Levén, previously CFO at Swedeltaco AB, has a background in international growth and public offerings and is described as a… Read More

Consulting Marktetplace Brainville Looks to Raise Growth Capital on FundedByMe

Brainville, said to be the largest Nordic platform for freelancers / consultants, is looking to raise growth capital on FundedByMe. BrainVille is a site that is part of the fast emerging sharing economy – similar to Upwork or Freelancer but for larger projects. The average… Read More

Exclusive: Rebtel CEO Magnus Larsson Discusses Securing $8M Funding for Digital Banking Expansion

The Swedish communications company Rebtel has secured $8 million in financing from its owner company to further expand its ecosystem of resources for “modern migrants,” adding digital banking services to its existing communication / telephony services and on-demand work offerings. Rebtel clarified via email that “the proceeds… Read More

Crowdfunded Electric Car Uniti Now Has Over €50 Million in Pre-Orders

Uniti, an electric car project that raised growth capital via several investment crowdfunding rounds, is reporting pre-orders of €50 million for their first vehicle. In a note to their community, Uniti stated; “We have some good news to share. Uniti has recently surpassed our first €50… 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

PayPal to Acquire Swedish Fintech iZettle

On Friday, CEO and Co-founder of iZettle, Jacob de Geer announced he and his team have reached an agreement with PayPal to acquire the Swedish fintech. The acquisition agreement comes less than two weeks after the company announced its plan to proceed with an initial public… Read More

Swedish Fintech iZettle Announces Intentions to Launch IPO & List on Nasdaq Stockholm

Swedish fintech platform iZettle announced on Tuesday its plan to proceed with an initial public offering (IPO) or and to list its shares on Nasdaq Stockholm. Founded in Stockholm in 2010, iZettle reported its a mission to help small businesses succeed by revolutionizing mobile payments with… Read More

Swedish Fintech Tink Launches API Platform For Developers

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has launched its new API developer platform that will allow developers in companies of all sizes, across any sector, access to its technology. According to Tink, the new platform… Read More

Swedish Fintech Update: iZettle Introduces E-Commerce Marketplace Targeting SMEs & Qapital Nabs $30M in New Funding

Swedish fintech platform iZettle has made good on its promise to grow and innovate.  Last year the platform secured €60 million funding round, which consisted of equity from existing investors in a Series D extension as well as debt funding from Victory Park Capital through its… Read More

FundedByMe Acquires Financial Communications Firm Laika Consulting

Investment crowdfunding platform FundedByMe has acquired Laika Consulting AB, a communications agency that focuses on the financial industry including investor relations. Specific terms of the deal were not released but company representatives indicated the purchase was completed via a combination of cash and the issuance… Read More

Cords & Co. Wants to Give Everyone a Chance to Become an Owner in a Global Fashion Company

The Cords & Co. team has recently launched their crowdfunding campaign on FundedByMe calling it “a dream come true”. Founded by Mikael Söderlindh and Viktor Tell in 2016, the founders are described as some of the most successful Swedish entrepreneurs within the tech and fashion… Read More

Sweden: “Gräsrotsfinansiering” Report Supports Growth of Investment Crowdfunding

Sweden recently published a report on domestic growth of crowdfunding. Daniel Daboczy, CEO and co-founder of FundedByMe based in Sweden, commented; “It’s good to finally have the Ministry of Finance’s proposal written down on 549 pages, where they clearly take a stand on crowdfunding.” According to… Read More

FundedByMe: We Have Now Crowdfunded Over €50 Million Since Launch

FundedByMe, an investment crowdfunding platform based in Sweden but operating in multiple countries around the world, has surpassed a new milestone. FundedByMe is reporting having topped €50 million (SEK 500 Million) in crowdfunding since platform launch as of March 2018. The platform  continues to expand internationally… Read More

FundedByMe Opens Office in Poland in Expansion Move

FundedByMe, an investment crowdfunding platform based in Sweden, is expanding into Poland. The platform has now established a new office in Warsaw representing the sixth international location beyond Sweden. FundedByMe says the aim is to meet the funding needs of a rapidly growing market consisting… Read More

Nordic Tech House and FundedByMe Partner on Qurant, a Digital Healthcare Business

Nordic Tech House and FundedByMe have launched a new collaboration with their first joint venture with Qurant, an enterprise within the digital healthcare business. Both companies strongly believe that Qurant can change the future landscape for occupational health care. The equity crowdfunding campaign launched on… Read More

Crowdfunded Electric Car Uniti Experiences “Record Breaking” Pre-Orders at India’s Auto Expo

Swedish electric car manufacturer Uniti  says it has concluded its first step in bringing its electric vehicle (EV) to Asia with a successful introduction of the Uniti One at India’s Auto Expo 2018 in New Delhi. Without providing specific order numbers, Uniti said it had… Read More

Sweden Startup Cubimo Now Seeking €350,000 on Seedrs For Entrepreneur Platform

Cubimo, a Sweden-based startup that helps people become entrepreneurs, has launched an equity crowdfunding campaign on Seedrs to raise €350,000. Founded in 2015, Cubimo describes itself as an online platform that aims to help anyone our an idea into a business, regardless of previous experience…. Read More

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