About Northmill
Northmill is a Financial Services company based in Stockholm (Sweden) founded in 2006 by Hikmet Ego. Wealth data is aggregated and lending is provided for businesses. Northmill has raised $29.79 million across 1 funding round from investors including M2 Asset Management AB and Coeli. Its chief executive, as recorded, is Julie Chatterjee. Its website northmill.com draws about 293 thousand monthly visits. Northmill offers products and services including Digital Banking Platform, Business Financing, and Payment Solutions. Its focus areas include FinTech, Banking Tech, Internet First Banks and Digital Native Banks. Its legal entity is Northmill Bank AB. Its competitors include Collector Bank, Untie Group and Credence Digital Bank.
Company details
Northmill was founded in 2006 in Stockholm, Sweden, as a platform for wealth data aggregation and business lending. Operations center on financial services within the banking sector, including data analysis and product development. Services encompass savings accounts, credit lines, business loans, wealth aggregation tools, and NFC-enabled prepaid cards for purchases. An app-based interface is available on iOS and Android devices, supporting marketing and consumer banking functions.
- Headquarters Stockholm, Sweden
- Founders Hikmet Ego
- SectorsFinancial Services
- Email••••••••
- Website northmill.com/se/om-oss
- Social LinkedIn X Facebook Instagram
- Legal Name Northmill Bank Ab
- Total Equity Funding$29.79M (USD)
in 1 rounds
- Latest Funding Round$29.79M (USD), Series B
Feb 2021
- InvestorsM2 Asset Management AB
& 1 more
Products & Services of Northmill
Northmill offers a comprehensive portfolio of products and services, including Digital Banking Platform, Business Financing, and Payment Solutions.
Platform for managing personal finances and transactions digitally
Solutions for loans and accounts to support business operations
Tools for secure online and offline transactions for customers
Funding Insights of Northmill
Northmill has successfully raised a total of $29.79M through 1 strategic funding round. The most recent funding activity was a Series B round of $29.79 million completed in February 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 $29.79M
- Total Rounds 1
- Last Round Series B — $29.79M
- First Round $29.79M
(Feb 2021)
- Investors Count 2
All 1 funding rounds of Northmill with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2021 | $29.79M | Series B | – | M2 Asset Management AB, Coeli | – |
2 investors in total: 2 institutional.
Investors in Northmill
Northmill has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include M2 Asset Management AB and Coeli.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Invests in and manages real estate properties, develops assets, and handles financial reporting in Sweden. | 1999 | m2assetmanagement.se | Stockholm, Sweden | |
Coeli is recognized as a leading investment organization in Sweden. | 1994 | coeli.se | Stockholm, Sweden |
Investor details for Northmill
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People of Northmill
2 people are tracked at Northmill (2 in leadership).
| Name | Role | Group |
|---|---|---|
Hikmet Ego | Co-Founder | Leadership |
Julie Chatterjee | CEO | Leadership |
Complete people profiles for Northmill
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Timeline of Northmill
2 dated milestones of Northmill across 15 years, from founding to its latest funding, stage changes and deals.
- Founded Northmill is founded.
- Funding First funding round of $29.8M.
Competitors of Northmill
Northmill has 3 listed competitors in our database. They include Collector Bank, Untie Group and Credence Digital Bank.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| collector.se | 1999 | Gothenburg, Sweden | Online banking services are offered to individuals and corporates. | |||
| untiegroup.se | 2018 | Skovde, Sweden | Digital bank | |||
| credencebnk.com | 2024 | Stockholm, Sweden | Provides a digital banking platform for efficient financial services. |
Detailed competitors of Northmill
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Web traffic of Northmill
The website of Northmill (northmill.com) receives about 293K visits a month.
- Monthly visits293K
▲ 25.9% vs previous month
Websites whose visitors overlap most with Northmill. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| avanza.se | 100% | 8.6M | #6,387 | View details | |
| kortio.se | 94% | 28.1K | #957,381 | View details | |
| allabolag.se | 92% | 4.6M | #13,500 | View details | |
alltomkreditkort.se | alltomkreditkort.se | 91% | #1,228,189 | – | |
kreditkortguiden.se | kreditkortguiden.se | 91% | #730,150 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Northmill
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Related news about Northmill
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Frequently Asked Questions about Northmill
Northmill was founded in 2006 and raised its 1st funding round 15 years after it was founded.
Northmill is headquartered in Stockholm, Sweden.
Julie Chatterjee is the CEO of Northmill, as recorded in our data.
Northmill is a funded company, having raised a total of $29.79M across 1 funding round to date. The company's 1st funding round was a Series B of $29.79M, raised on Feb 2021.
Northmill was founded in 2006 in Stockholm, Sweden, as a platform for wealth data aggregation and business lending. Operations center on financial services within the banking sector, including data analysis and product development. Services encompass savings accounts, credit lines, business loans, wealth aggregation tools, and NFC-enabled prepaid cards for purchases. An app-based interface is available on iOS and Android devices, supporting marketing and consumer banking functions.
Northmill's top competitors include Collector Bank, Untie Group and Credence Digital Bank.
Northmill offers Digital Banking Platform, Business Financing, and Payment Solutions.
Northmill has 2 investors. Key investors include M2 Asset Management AB, and Coeli.
Northmill operates through Northmill Bank Ab.
The website of Northmill receives about 293 thousand visits a month.