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Nordigen raises EUR 2.1 mln

Wednesday 2 June 2021 12:34 CET | News

Latvia-based Nordigen has raised EUR 2.1 million from a set of new investors.

According to the official press release, since announcing their new freemium model on December 1st, 2020, the challenger fintech has gone from supporting 300 to 1,000 European bank APIs. Nordigen’s new business model attracted investment from Black Pearls VC, Inventure, Highgoal Capital, ID4 Ventures, Superangel, Calchas Holding and angel investors Artis Kehris, Henry Nilert, Gerri Kodres and Riivo Anton.

Nordigen is committed to focusing solely on open APIs created by banks. It aims to fix the market inequality by maintaining a freemium model. Its business model is built on banking data analytics and providing data insights. 


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Keywords: Open Banking, API, funding, banks, challenger bank
Categories: Banking & Fintech
Companies:
Countries: Latvia
This article is part of category

Banking & Fintech