MAJORITY

Stockholm, Sweden Founded: 2019 • Age: 7 yrs
App-based wallet for cross-border money transfers

About MAJORITY

MAJORITY is a company based in Stockholm (Sweden) founded in 2019 by Jonathan Frisk, Magnus Larsson, and Johan Granlund. MAJORITY has raised $98.25 million across 7 funding rounds from investors including Victor Jacobsson, Hjalmar Winbladh and Magnus Nilsson. MAJORITY operates in a competitive market with competitors including MoneyGram, WorldRemit, Skrill, TransferGalaxy and PlingPay, among others.

  • Headquarter Stockholm, Sweden
  • Founders Jonathan Frisk, Magnus Larsson, Johan Granlund
  • Sectors
    Financial Services
  • Website category Computers Electronics and Technology · Graphics Multimedia and Web Design
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website majority.com
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $98.25M (USD)

    in 7 rounds

  • Latest Funding Round
    $7.5M (USD), Debt – Conventional

    May 2024

  • Investors

Apps and channels of MAJORITY

MAJORITY publishes 2 mobile apps with over 1M+ downloads.

MAJORITY: Mobile banking
App Store Finance 4+
Developer: Majority USA, LLC
View on App Store
MAJORITY: Mobile banking
Google Play Finance Everyone Free
Developer: MAJORITY USA, LLC
View on Google Play

Funding Insights of MAJORITY

MAJORITY has successfully raised a total of $98.25M across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $7.5 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $98.25M
  • Total Rounds 7
  • Last Round Debt – Conventional β€” $7.5M
  • First Round $19M

    (Jun 2021)

  • Investors Count 7

All 7 funding rounds of MAJORITY with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2024$12.5MSeries B–Victor Jacobsson, Hjalmar Winbladh
May 2024$7.5MDebt – Conventional––
–
Jun 2023$9.75MSeries B––
Sep 2022$7.5MDebt – Conventional––
–
Sep 2022$30MSeries B–Valar Ventures
Dec 2021$27MSeries A–Valar Ventures
Jun 2021$19MSeed–Valar Ventures
Valuation history

7 investors in total: 3 institutional and 4 angel.

Investors in MAJORITY

MAJORITY has secured backing from 7 investors, including angel and venture fund investors. Prominent investors backing the company include Victor Jacobsson, Hjalmar Winbladh and Magnus Nilsson.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Global investments in tech sectors are conducted by Valar Ventures.
–valar.comNew York, United States
Early-stage startups are supported by Avid Ventures through investments.
–avidventures.comNew York, United States
Venture capital firm investing in multiple sectors
–heartcore.comCopenhagen, Denmark

Victor Jacobsson

Swedish entrepreneur, angel investor in Indian startups, co-founder of Klarna
–unknown_8b13b030eda94e059-

Hjalmar Winbladh

Swedish entrepreneur, angel investor, and founding partner at EQT Ventures.
–unknown_f268d9ef7bac4cd38-

Magnus Nilsson

Swedish entrepreneur, angel investor, co-founder of iZettle, active in Indian startups
–unknown_cced362462fe4baca-

Jacob De Geer

Co-founder of iZettle, active angel investor in fintech and tech startups.
–unknown_8037454ba25e43d2b-
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Investor details for MAJORITY

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of MAJORITY

46 people are tracked at MAJORITY (19 in leadership, 27 in team).

NameRoleGroup
Jonathan Frisk
Co-Founder & CPOLeadership
Magnus Larsson
Co-Founder & CEOLeadership
Johan Granlund
Co-Founder & COOLeadership
Johan Dahlqvist
CTOLeadership
Andy Kaminski
Head Of DevelopmentLeadership
Cristina Mihai
Head of ProcurementLeadership
Jonas Lörnell
Chief Growth OfficerLeadership
Jonathan Jaimes Hurtado
Head Of Copywriting - SpanishLeadership
Alexandra Baylis
Head of RiskLeadership
Kelly Keough
Talent PartnerLeadership
Cecilia Englen
Chief of People & CustomerLeadership
Oleg M.
Head Of Product DesignLeadership
Abhi Pabba
Chief Risk OfficerLeadership
Sofia Schager
Head of Customer ExperienceLeadership
Francisco Canales
Head Of Banking OperationsLeadership
Felipe Pugas
Head Of Direct SalesLeadership
Michel Radosavljevic
Head Of DataLeadership
Nick Schuurman
Product DirectorLeadership
Simone Karlsson
Head of FinanceLeadership
Christopher Hicks
General CounselTeam

26 more people are available in the full profile.

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Complete people profiles for MAJORITY

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Timeline of MAJORITY

3 dated milestones of MAJORITY across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded MAJORITY is founded.
  2. Funding First funding round of $19.0M.
  3. Funding Latest funding round, Debt – Conventional, of $7.5M.

Competitors of MAJORITY

MAJORITY operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MoneyGram, WorldRemit, Skrill, TransferGalaxy and PlingPay, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
moneygram.com1940Dallas, United States––
Cross-border payments are enabled via wallet solutions for consumers.
worldremit.com2010London, United Kingdom$623.96M263
Banking channel for cross border money transfers
skrill.com2001London, United Kingdom–102
Online payments and digital wallet services are facilitated internationally.
transfergalaxy.com2014–$4.19M–
Cross-border money transfers are enabled via a digital platform.
plingpay.com2015Malmo, Sweden––
Blockchain technology is leveraged for cross-border money transfers.
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Detailed competitors of MAJORITY

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of MAJORITY

The website of MAJORITY (majority.com) receives about 232.8K visits a month and ranks #283,333 among all websites worldwide, #2,850 in Graphics Multimedia and Web Design.

  • Monthly visits
    232.8K

    ▲ 78.6% vs previous month

  • Unique visitors
    64.6K

    per month

  • Global rank
    #283,333

    among all websites

  • Category rank
    #2,850

    Computers Electronics and Technology · Graphics Multimedia and Web Design

Similar websites

Websites whose visitors overlap most with MAJORITY. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
poptox.com
poptox.com
100%
–#203,484–
globfone.com
95%
705.5K#56,626View details
ievaphone.com
95%
–#501,523View details
mysecondline.com
mysecondline.com
93%
–#181,091–
talk360.com
83%
221.9K#288,355View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 40 similar websites and full traffic analytics for MAJORITY

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 40 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Majority

Premium access

Complete news archive for MAJORITY

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to MAJORITY

10 companies that operate in the same segment as MAJORITY (Banking & FinTech Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 M––
Tide is recognized as a digital banking platform for businesses.
2015London, England, United KingdomUSD 221.42 M––
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.16 BUSD 1.96 B1,440
Banking solutions are provided for retail customers and businesses.
2015London, England, United KingdomUSD 1.99 B––
Internet first bank for individuals and businesses
2015London, England, United KingdomUSD 1.9 B––
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M–237
Digital banking services are offered to consumers and businesses.
2014London, England, United KingdomUSD 1.06 BUSD 813.42 M3,231
Payment and banking solutions are provided to users and banks.
2015San Ramon, California, United StatesUSD 390 MUSD 532.2 K3
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Digital banking services are provided for individuals and businesses.
2014Blyth, United KingdomUSD 852.48 M––
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Frequently Asked Questions about MAJORITY

MAJORITY was founded in 2019 and raised its 1st funding round 2 years after it was founded.

MAJORITY is headquartered in Stockholm, Sweden.

Magnus Larsson is the current CEO of MAJORITY. They have also founded this company.

MAJORITY is a funded company, having raised a total of $98.25M across 7 funding rounds to date. The company's 1st funding round was a Seed of $19M, raised on Jun 2021.

App-based wallet for cross-border money transfers. It provides users with solutions such as cash withdrawals, international money transfers, and in-store payments. The card can be recharged through the app. It also enables the monitoring of transactions. The application is made available on Android and iOS platforms.

MAJORITY's top competitors include WorldRemit, MoneyGram and Skrill.

MAJORITY has 7 investors. Key investors include Victor Jacobsson, Hjalmar Winbladh, Magnus Nilsson, Jacob De Geer, and Valar Ventures.

Yes. MAJORITY publishes MAJORITY: Mobile banking and 1 more app, with over 1 million downloads.

The website of MAJORITY receives about 233 thousand visits a month and ranks #283,333 among all websites worldwide.

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