About Nordigen
Nordigen is a company based in Riga (Latvia) founded in 2015 was acquired by GoCardless in July 2022. Nordigen has raised $3.37 million across 3 funding rounds from investors including GoCardless, Seedcamp and Founders' Edge. Nordigen operates in a competitive market with competitors including MX, Plaid, Belvo, Nithio and Rutter, among others.
- Headquarter Riga, Latvia
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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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.37 M (USD)
in 3 rounds
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Latest Funding Round
$2.57 M (USD), Series A
Jun 02, 2021
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Investors
GoCardless
& 15 more
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Employee Count
Not available
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Acquired by
GoCardless
(Jul 01, 2022)
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People of Nordigen
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Funding Insights of Nordigen
Nordigen has successfully raised a total of $3.37M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.57 million completed in June 2021. 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 Nordigen
Nordigen has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include GoCardless, Seedcamp and Founders' Edge.
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Seed-stage tech startups in Poland are funded by Black Pearls.
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Investments in early-stage tech startups are made by Inventure.
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Investor details for Nordigen
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Investments & Acquisitions by Nordigen
Investment portfolio details for Nordigen
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Financial Statements - Nordigen
Detailed financials for Nordigen
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Nordigen Comparisons
Peer comparison for Nordigen
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Competitors of Nordigen
Nordigen 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 MX, Plaid, Belvo, Nithio and Rutter, among others.
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Data-driven analytics and open banking APIs are provided to businesses.
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Open banking aggregation APIs are provided for individuals and businesses.
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Open banking API solutions are developed for financial data aggregation.
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Analytics and financial solutions for distributed solar energy are provided.
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Finance and accounting management is facilitated via an API platform.
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Open banking API solutions are offered to financial institutions.
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Detailed competitors of Nordigen
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Latest news on Nordigen
Complete news archive for Nordigen
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Frequently Asked Questions about Nordigen
Nordigen was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Nordigen is headquartered in Riga, Latvia.
Nordigen is a funded company, having raised a total of $3.37M across 3 funding rounds to date.
Nordigen was founded in 2015 in Riga, Latvia, within the fintech sector. Transaction databases are uploaded by banks and financial institutions via an API, where data is cleansed of noise and relevant details are extracted. Machine-learning models are applied to assign categories to transactions, which are then enriched with geolocation and merchant information. The processed data supports applications in credit assessment, fraud detection, and personal finance management.
Nordigen's top competitors include Plaid, MX and Credit Kudos.
Nordigen has 16 investors. Key investors include GoCardless, Seedcamp, Founders' Edge, Black Pearls, and Inventure VC.