Nordic API Gateway has reportedly raised €4.6m through an internal funding round, as it looks to expand in Europe.
The investment was also supported by Danske Bank and DNB, according to a number of reports in the media.
With the fresh funds, the company hopes to accelerate its growth and development efforts, which includes European expansion and building more open banking services.
The company is expected to close another, larger, funding round later in the year to further support its expansion.
Nordic API Gateway is an open banking platform which enables banks, accounting systems, lenders and other businesses to improve account aggregation and payment initiation.
Its account aggregation solution enables clients to normalise all data to generate insights, access real-time account and transaction information and see in-depth transaction details.
The close of the round puts the company’s total equity raised to €13.3m.
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