Tagged: sweden

January 24, 2018 @ 1:57 pm By Samantha Hurst  |  

Sweden banking group Nordea announced this week that it is banning all of its approximately 31,000 employees from trading in cryptocurrencies due to high risk. The new ban will go into effect on February 28th. A Nordea spokesperson confirmed with Reuters that the bank believes that… Read More

December 18, 2017 @ 4:44 pm By Samantha Hurst  |  

Crowdfunding platform Invesdor recently announced it has appointed Daniel Laurén as its new Swedish country manager. According to the funding portal, Laurén has been involved in founding more than ten companies and in investing in startups both as a business angel and venture capitalist. He will also be… Read More

December 11, 2017 @ 3:39 pm By Samantha Hurst  |  

Dr Sannas, a natural skin care and health care product brand from Sweden, announced last week the launch of its initial public offering (IPO) on equity crowdfunding platform, Invesdor. The company revealed that it is planning to list on NGM Nordic MTF Marketplace and is… Read More

December 7, 2017 @ 1:30 am By JD Alois  |  

FundedByMe, an investment crowdfunding platform, has reached its max self-crowdfunding goal of SEK 20 million (USD$ 2.4 million). According to the campaign page, FundedByMe had 867 investors for 8.02% of the company’s shares. FundedByMe launched its offer on November 10, 2017 and easily raised its… Read More

December 4, 2017 @ 5:15 pm By JD Alois  |  

The Swedish electric car creator Uniti has partnered with E.ON to provide a unique benefit for their Swedish customers. With each purchase of a Uniti car in Sweden, E.ON customers will receive five years worth of energy for charging their car at home, and the… Read More

November 23, 2017 @ 12:54 pm By JD Alois  |  

FundedByMe and Privanet Securities Oy have jointly closed a €1.2 million crowdfunding round. This is the first round as part of their Joint Venture collaboration in Finland. The Finnish media-platform builder BCaster collected €1.2 million in funding in “record time”. Via Privanet’s and FundedByMe’s crowdfunding platform the funding… Read More

November 14, 2017 @ 6:35 am By JD Alois  |  

FundedbyMe, a Sweden-based investment crowdfunding platform, has announced that is of this were it had topped 100,000 global registered investors. While based in Sweden, FundedByMe operates in multiple European countries and in Asia and has 6 different physical locations. FundedByMe said surpassing 100,000 investors was… Read More

November 11, 2017 @ 11:33 am By JD Alois  |  

FundedByMe announced another self-crowdfunding round last month to fuel platform growth in advance of a possible listing on an exchange. The crowdfunding platform is seeking  SEK 5 to 20 million (approximately €500,000 to €1.1 million) and launched live yesterday.  It appears that FundedByMe will have to raise… Read More

November 9, 2017 @ 10:30 am By JD Alois  |  

Uniti, a Swedish electric car company that is in the midst of an investment crowdfunding round, has announced the creation of a new cryptocurrency and forthcoming Initial Coin Offering (ICO). Uniti states it is in the midst of  launching the “world’s first Certified Green” ICO. The… Read More

October 26, 2017 @ 10:57 am By JD Alois  |  

Uniti, an electric vehicle (EV) that is in the midst of an equity crowdfunding campaign, will begin to manufacture their cars in Landskrona, Sweden. The launch of their new electric car at the new manufacturing facility is scheduled for December 7, 2017. Uniti said it… Read More

October 24, 2017 @ 7:52 am By JD Alois  |  

Investment crowdfunding platform FundedByMe has announced a new self-crowdfunding round to pave the way for further global expansion. FundedByMe, based in Sweden, currently is represented in 6 different countries. Launched in 2012, FundedByMe says it is preparing for an Initial Public Offering in 2018 with… Read More

October 9, 2017 @ 8:00 am By JD Alois  |  

Uniti is an interesting product with an interesting history. Based in Sweden, Uniti is an electric vehicle concept that was originally crowdfunded on FundedByMe about a year ago raising €1.2 million at a valuation of €9.8 million. Uniti is returning to crowdfunding again but this time… Read More

October 9, 2017 @ 1:00 am By JD Alois  |  

Trustly, a Sweden based payments company, and Nordic software provider Emric, part of Tieto, have announced a new strategic partnership that is said to provide Emric’s business customers access to Trustly’s online banking payments technology across Europe. Emric is a provider of software solutions for financial… Read More

September 28, 2017 @ 8:03 am By JD Alois  |  

Stockholm based Sharpfin AB has topped its funding goal of SEK 1.65 million holding at SEK 2.3 million on Invesdor. This marks the first successful Swedish offer listed on Invesdor which is based in Finland. The company has extended the subscription period of its equity… Read More

September 20, 2017 @ 10:52 am By JD Alois  |  

There are more than a few investment crowdfunding offers that are based only on a photo shop concept paired with outlandish valuations. Some of these will successfully raise money but investors are pretty much guaranteed to be aggressively diluted – if the company moves beyond… Read More

August 22, 2017 @ 8:22 am By JD Alois  |  

Fintech Funding Fintechs Invesdor has listed a new investment opportunity on its European crowdfunding platform. Sharpfin AB, a Stockholm based Fintech, is seeking funding to develop the next generation of wealth management software. Sharpfin sees a finance industry that is riddled with high maintenance legacy… Read More

July 21, 2017 @ 1:00 pm By Samantha Hurst  |  

Swedish Fintech company Klarna Bank announced on Friday it received a strategic equity investment from Permira, a global investment firm that advises funds and accounts with a total committed capital of circa €32 billion. According to Klarna, the investment partnership will acquire shares from existing… Read More

June 28, 2017 @ 4:39 am By Jonathan Nieh  |  

This week, it was announced that Visa was purchasing a stake in Swedish fintech company Klarna. Details of the deal were not released, but numerous sources report that Klarna will be issuing a new series of equity following the deal. E-commerce Payments Solution Klarna, which was… Read More

June 24, 2017 @ 9:57 am By JD Alois  |  

This trend is picking up speed. Fast growing Fintech firms are looking to receive regulatory approval to operate more like a bank. Klarna, a Sweden based payments platform, was granted a full banking license by the Finansinspektionen, (the Swedish Financial Supervisory Authority) last week. Klarna management… Read More

June 21, 2017 @ 9:35 am By JD Alois  |  

Invesdor has launched its first crowdfunding offer for a Swedish startup. Based in Helsinki, Invesdor has previously listed crowdfunded securities for campaigns in Finland, the UK and Norway. Invesdor’s first issuer is for Swedish start-up TidyApp, a mobile platform for domestic services. The company is… Read More