About Nordigen
Nordigen is a Financial Services company based in Riga (Latvia) founded in 2015, and was acquired by GoCardless in July 2022. Transaction data is categorized and analyzed through an API service. Nordigen has raised $3.37 million across 3 funding rounds from investors including GoCardless, Seedcamp and Founders' Edge. Its focus areas include FinTech, Banking Tech, Open Banking and Aggregation APIs.
Company details
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.
- Headquarters Riga, Latvia
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Website nordigen.com
- Social LinkedIn X
- Acquired by GoCardless (Jul 2022)
- Total Equity Funding$3.37M (USD)
in 3 rounds
- Latest Funding Round$2.57M (USD), Series A
Jun 2021
- InvestorsGoCardless
& 15 more
- Acquired byGoCardless
(Jul 2022)
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.
- Total Funding $3.37M
- Total Rounds 3
- Last Round Series A — $2.57M
- Investors Count 15
All 3 funding rounds of Nordigen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
16 investors in total: 12 institutional and 4 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| foundersedge.vc | ||||
Seed-stage tech startups in Poland are funded by Black Pearls. | blackpearls.vc | Gdansk, Poland | ||
Investments in early-stage tech startups are made by Inventure. | inventure.vc | Helsinki, Finland | ||
Highgoal Capital is focused on technology-driven investment opportunities. | highgoalcapital.com | Tallinn, Estonia | ||
Early-stage investments are made in Deep Tech startups across Europe. | id4.vc | Luxembourg, Luxembourg | ||
Venture capital firm focused pre-seed and seed stage investments | superangel.io | Tallinn, Estonia | ||
| calchasholding.com | ||||
B2B software, fintech, and tech companies are funded by Specialist. | specialist.vc | Tallinn, Estonia | ||
Early-stage venture capital fund for tech startups | unitedangels.vc | Tallinn, Estonia | ||
Venture capital fund investing in tech startups | 2007 | seedcamp.com | London, United Kingdom |
Investor details for Nordigen
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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People of Nordigen
15 people are tracked at Nordigen (3 in leadership, 12 in team).
| Name | Role | Group |
|---|---|---|
Jelena Jurane | Head of Enterprise Sales, Lending Solutions | Leadership |
Madara Suško | Head of Customer Onboarding | Leadership |
Jake Sebastian-Jones | CTO | Leadership |
Mairis Krūmkalns | 1lvl python programmer | Team |
Ervīns Ruņģis | DevOps Engineer | Team |
Daniel Llamas | Business Development Representative | Team |
Alina Sadovska | Data Scientist | Team |
Indra Ikauniece | Data Scientist | Team |
Katrīna P. | Data Quality Analyst | Team |
Kristine Vasaraudze | Talent PartnerTalent | Team |
Jānis Šijānovs | Python Developer | Team |
Deniss Ivanovs | Junior Python Developer | Team |
Luīze Šteina | Data Scientist | Team |
Ivars Sloka | Junior Python Developer | Team |
Renārs Zaharko | Junior Python Developer | Team |
Complete people profiles for Nordigen
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 Nordigen
4 dated milestones of Nordigen across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Nordigen is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $2.6M.
- Exit Acquired by GoCardless.
Web traffic of Nordigen
The website of Nordigen (nordigen.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 92% vs previous month
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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 has 16 investors. Key investors include GoCardless, Seedcamp, Founders' Edge, Black Pearls, and Inventure VC.
Yes. Nordigen was acquired by GoCardless in July 2022.