Family-focused FinTech Mymonii secures $820,000 in new round

Danish FinTech Mymonii has secured $820,000 in a new investment round.

The Copenhagen-based venture is specialising in building consumer financial mobile apps for families, according to Nordic 9.

A smattering of local angel investors from Denmark, including Jakob Bendsen, Morten Møller Holst, Sune Alstrup, Louise Ertman Baunsgaard and Susanne Brønnum. The rest is a matching loan from Vækstfonden.

Mymonii was launched in 2015.

Several other companies are in innovating in the family-focused FinTech space. Including Beanstalk, StorkCard and PCKT Money.

The entire Nordic region’s FinTech industry has ballooned over the years. In 2016, Nordic FinTech companies attracted $253.2m in funding in total, according to FinTech Global’s research.

By 2020, that figure had skyrocketed to $1.58bn, despite the coronavirus crisis making some investors hesitant to invest.

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