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Juni raises $52m in new Series A funding

Sweden based provider of banking services for e-commerce raised $52m in new Series A funding led by EQT Ventures.

“Everything we do is designed to make life for internet entrepreneurs easier,” said Samir El-Sabini, Founder and CEO at Juni. “We’re internet entrepreneurs too, after all, and before launching Juni, we were in the industry that we cater to today! We understand their pain points and business needs in a way that traditional banking can’t, which in turn means we’re able to offer them a credit product that actually makes sense for them.”

Tags

banking, ecommerce