Northmill Bank

Improve financial life

General Information
Company Name
Northmill Bank
Founded Year
2006
Location (Offices)
Sweden +1
Founders / Decision Makers
Number of Employees
179
Industries
Finance, Financial Services, Banking
Funding Stage
Private Equity
Social Media

Northmill Bank - Company Profile

Northmill Bank, a Swedish bank founded in 2006, is making waves in the world of finance and banking with its commitment to improving the financial life of its users. Boasting a substantial customer base of 2,500 merchants and 600,000 end users, the bank has a strong presence across four different countries, with a focus on technology evident in its 170 employees, including an Engineering Center that has recruited around 40 experienced engineers. The company's dedication to creating a unique banking and shopping experience is reflected in its slogan, "Improve financial life." Northmill Bank's latest milestone is the successful completion of a kr250.00M Private Equity Round investment on 11 February 2021, indicating a strong vote of confidence from investors. Notably, the contributors to this significant investment include Coeli and M2 Asset Management. With its headquarters in Stockholm, Sweden, the company has also established an Engineering Center in Katowice, Poland, showcasing its commitment to fostering a global presence in the finance and banking industries. In summary, Northmill Bank's strategic focus on leveraging technology to offer a personalized and digital banking experience has positioned it as a compelling player in the finance and banking sectors, with the recent significant Private Equity Round investment serving as a testament to its potential for substantial growth and impact in the industry.

Taxonomy: Neobank, Personalized Banking, Digital Banking, Credit Services, Insurance Services, Payment Services, Consumer Banking

Funding Rounds & Investors of Northmill Bank (1)

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Funding Stage Amount No. Investors Investors Date
Private Equity Round kr250.00M 2 11 Feb 2021

Latest News of Northmill Bank

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