Swedish fintech company Swimbird secures financing for further market and technology initiatives

Stockholm, 19 September 2023

Fintech company Swimbird has secured its third round of funding raising 30MSEK. Swimbird's innovative solution SWIP allows investors to see the entirety of their holdings and the funding supports the company's AI-based development of the integration platform Swimbird NEST as well as further market expansion.

"We are pleased that we continue to hold our existing investors trust and that they believe in on our solution. The financing ensures further development of our platform and the expansion of sales and marketing resources and activities. Our solution allows investors to see their complete holdings and the continued funding underscores the need for our solution and that its unique open finance functionalities are of interest to our markets." - Eva Lundell, CEO and founder.

The round was led by several leading Scandinavian investors such as the Hagströmer family, Harry Klagsbrun, and Caspar Callerström, as well as employees. "We are users of Swimbird's services and believe that there is great potential for the service not only in theNordics but also globally," says Erik Törnberg, CEO of the Hagströmer family's company Biovestor. In total, the company has raised 70M SEK.

Article from Dagens Industri (Swedish)

www.swimbird.se