Denmark based neobank raised €35m in growth funding from investors including Heartland, Kinnevik, Tencent, IDC Ventures and Will Ferrell.
“The capital markets that we and other similar companies raise money in have changed completely, with earnings now becoming the key focus,” said Ken Villum Klausen, the CEO, in a statement. “Last year we improved our product, attracted more customers, and increased our revenue streams significantly. We will continue to do so in 2023 and the years to come because the market needs a serious challenger in the industry.”