Announced
Completed
Financials
Sources
Tags
Friendly
FinTech
Sweden
Cross Border
digital finance
Completed
financial services
Private
Acquisition
fintech
Single Bidder
Venture Capital
Minority
Private Equity
Synopsis
Schibsted, an international media group, led a SEK162m funding round in Savr, an operator of a digital financial platform, with participation with Nordic Angels, Incore Capital, Ken Howery, Jacob De Geer and Magnus Nilsson. "With the additional capital and Schibsted’s competence, we are poised to continue revolutionising the Swedish savings market. Our goal is to become the market leader for long-term savings, so now we are investing heavily into building a full investment platform. We recently launched an offer for occupational pensions and stock trading will be our next big milestone," Daniel Aarenstrup, Savr CEO.
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