Sweden’s largest peer-to-peer lender Lendify has secured €8 million in its Series A funding round, which will be used to develop the platform further in Sweden and fund future expansion into other Nordic markets.
The founders of Avito, Jonas Nordlander and Filip Engelbert, plus Back in Black Capital and the owners of Lundin Petroleum were among the investors in the funding round for Lendify, which was established in 2014.
Nicholas Sundén-Cullberg, COO and co-founder of Lendify, commented: “The Swedish unsecured consumer lending market is the largest and most transparent in the Nordics, and with our payment institution licence from the FSA and A-round fundraise in place we are well positioned to seriously challenge the major banks.”
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As cyber attacks and data breaches are in the news on an increasingly regular basis - with regulatory penalties and customer trust on the line for financial services firms - it has never been more crucial to be compliant in the cloud.
This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.
This video, with Akamai’s EMEA director of security technology and strategy Richard Meeus, will help explain what your company can be doing to make sure it’s not embroiled in the next big fine or front-page scandal.
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