About Northmill
Northmill is a company based in Stockholm (Sweden) founded in 2006 by Hikmet Ego. Northmill has raised $29.79 million across 1 funding round from investors including M2 Asset Management AB and Coeli. Northmill offers products and services including Digital Banking Platform, Business Financing, and Payment Solutions. Northmill operates in a competitive market with competitors including Lunar, Bank Norwegian, Collector Bank, Untie Group and Credence Digital Bank, among others.
- Headquarter Stockholm, Sweden
- Founders Hikmet Ego
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Sectors
Financial Services
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Northmill Bank Ab
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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
$29.79 M (USD)
in 1 rounds
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Latest Funding Round
$29.79 M (USD), Series B
Feb 09, 2021
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Investors
M2 Asset Management AB
& 1 more
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Employee Count
Not available
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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
People of Northmill
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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.
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 |
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Invests in and manages real estate properties, develops assets, and handles financial reporting in Sweden.
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Coeli is recognized as a leading investment organization in Sweden.
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Investor details for Northmill
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Investments & Acquisitions by Northmill
Investment portfolio details for Northmill
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Financial Statements - Northmill
Detailed financials for Northmill
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Northmill Comparisons
Peer comparison for Northmill
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Competitors of Northmill
Northmill 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 Lunar, Bank Norwegian, Collector Bank, Untie Group and Credence Digital Bank, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Lunar is recognized as a digital bank offering innovative financial solutions.
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Digital bank for individuals
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Online banking services are offered to individuals and corporates.
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Digital bank
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Provides a digital banking platform for efficient financial services.
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Detailed competitors of Northmill
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Latest news on Northmill
Complete news archive for 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 current CEO of Northmill.
Northmill is a funded company, having raised a total of $29.79M across 1 funding round to date.
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 Lunar, Bank Norwegian and Collector Bank.
Northmill offers Digital Banking Platform, Business Financing, and Payment Solutions.
Northmill has 2 investors. Key investors include M2 Asset Management AB, and Coeli.