About Meniga
Meniga is a company based in Stockholm (Sweden) founded in 2009 by Asgeir Orn Asgeirsson. Meniga has raised $67.4 million across 11 funding rounds from investors including Swedbank, UniCredit and Groupe BPCE. The company has 95 employees as of March 31, 2021. Meniga has completed 1 acquisition, including Wrapp. Meniga offers products and services including Enrichment, Insights, Finance Management, and Smart Savings. Meniga operates in a competitive market with competitors including Subaio, Quiltt, Constellation, FinGoal and Moneythor, among others.
- Headquarter Stockholm, Sweden
- Employees 95 as on 31 Mar, 2021
- Founders Asgeir Orn Asgeirsson
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Meniga Limited
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Annual Revenue
$15.12 M (USD)-1as on Mar 31, 2021
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Net Profit
-$9.6 M (USD)-35as on Mar 31, 2021
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EBITDA
Not available
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Total Equity Funding
$67.4 M (USD)
in 11 rounds
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Latest Funding Round
$16.18 M (USD), Series D
Dec 13, 2023
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Investors
Swedbank
& 14 more
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Employee Count
95
as on Mar 31, 2021
- Investments & Acquisitions
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Products & Services of Meniga
Meniga offers a comprehensive portfolio of products and services, including Enrichment, Insights, Finance Management, and Smart Savings.
Enriches transaction data for personalized banking insights.
Delivers hyper-personalized financial advice for customers.
Manages cashflow and savings through data-driven features.
Automates savings to help users build financial habits.
Funding Insights of Meniga
Meniga has successfully raised a total of $67.4M across 11 strategic funding rounds. The most recent funding activity was a Series D round of $16.18 million completed in December 2023. 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.
Investors in Meniga
Meniga has secured backing from 15 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Swedbank, UniCredit and Groupe BPCE.
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Venture capital investments are made in innovative Icelandic startups.
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Investments in deep-tech, life sciences, and transformative tech are managed.
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Fintech companies are funded by Velocity Capital Fintech Ventures.
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Investor details for Meniga
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Meniga
Meniga has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Wrapp.
Investment portfolio details for Meniga
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Card-linked coalition loyalty program is delivered via mobile app.
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Complete acquisition details for Meniga
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
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- Domains and locations
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Financial Statements - Meniga
Detailed financials for Meniga
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
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- Profit trends
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Meniga Comparisons
Peer comparison for Meniga
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Meniga
Meniga 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 Subaio, Quiltt, Constellation, FinGoal and Moneythor, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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White-label subscription management is provided for retail banks.
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Wealth data is aggregated for bill tracking, budgeting, and alerting.
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Financial management solutions are offered to banks and credit unions.
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Personal financial management solution
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Banking software for personal finance insights is developed.
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Detailed competitors of Meniga
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Meniga
Complete news archive for Meniga
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Frequently Asked Questions about Meniga
Meniga was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Meniga is headquartered in Stockholm, Sweden.
Dheeraj Soni is the current CEO of Meniga.
Meniga is a funded company, having raised a total of $67.4M across 11 funding rounds to date.
As of Mar 31, 2021, the latest employee count at Meniga is 95.
Annual revenue of Meniga is $15.12M as on Mar 31, 2021.
Meniga was founded in 2009 in Stockholm, Sweden, within the fintech sector. Personal finance management tools are offered to banks, integrated directly with existing platforms. Customer relationships are strengthened through enhanced account visibility, enabling cross-selling opportunities and efforts to attract deposits and new business. Machine learning is employed to deliver data-driven features in digital banking services.
Meniga's top competitors include Constellation, FinGoal and Moneythor.
Meniga offers Enrichment, Insights, Finance Management, and Smart Savings.
Meniga has made 1 acquisition, including Wrapp.
Meniga has 15 investors. Key investors include Swedbank, UniCredit, Groupe BPCE, Islandsbanki, and Anthemis Group.
The valuation of Meniga is $37.7M as of Apr 2017.