Tag: indó

Challenger banks in the Nordics are on the rise with Danish Lunar being the latest neobank to fill its coffers.

Icelandic challenger bank Indó has secured €1m in its seed funding round, as it progresses with its banking license application.

Swedish neobank Northmill has repurchased bonds with a nominal value of SEK5.5m (£4.77m). The repurchase concerns the challenger bank’s senior unsecured bonds with a nominal outstanding amount of SEK500m (£41.48m).