Swedish fintech company Yabie has an acquisition strategy where small sales companies are in focus. And their success have not gone unnoticed: in 2021, the company grew 500%, which makes Yabie one of Sweden’s fastest-growing fintech companies.
The NGM-listed fintech company NOWO, which has created a popular movement around pension savings, continues to increase its transaction volumes. In December, around 60,000 more transactions took place compared to the previous month. In total, 584,000 ‘saving activities’ were registered which resulted in a 14% increase from November.
In Q4, 1,543,000 saving transactions/activities took place which is a 48% increase compared with the previous quarter.
In early October 2021, Tessin launched Tessin Properties – a new form of investing for smaller investors. The first acquisition is a property in Härnosand with Dollarstore as tenant, amongst others.
Heidi Wik, CEO of Tessin Nordic Holdings:
Tessins Properties’ acquisition in Härnösand is the first step in our next growth journey and I look forward to creating value and returns for our members. We built Tessin Properties to open up a new growth market and at the same time offer a safe and flexible form of investment for our members and professional investors.
The accounting platform Fortnox has acquired 78 percent of the shares in the fintech start-up Capcito.
In conjunction with the transaction, Capcito was valued at 410 million SEK.
“The acquisition is part of my long-term vision to help entrepreneurs with more stable cash flows. When we connect our customer base to the Monto platform, we will have the opportunity to give small and medium-sized companies the same opportunities that only larger companies have access to today “, says Olof Hallrup, Chairman of the Board of Fortnox.
Capcito is a challenger in digital loans for small and medium-sized companies.
The acquisition also includes Capcito’s spin-off subsidiary Monto, a SaaS solution for automated lending that is, as an example, licensed to major banks.
Capcito’s CEO Michael Hansen and Chief Technology Officer Henrik Dyberg will remain partners in the company and will continue to work after the deal.
Earlier this spring, the fintech company Sigmastocks launched a new robot advisory service that invests customers’ money directly in shares. After the launch, Sigmastock has seen huge interest, and the number of customers has now surpassed 5,000.
The Danish bank challenger Lunar receives 2.1 billion SEK and as a result, reaches unicorn status. Kinnevik, which has increasingly focused on unlisted growth companies in the past years, joins as partner together with Chinese Tencent.
Slipp was praised at Björn Lunden’s event, ‘Redovisningsbyrådagen’, held last week in Stockholm. This year’s event was dominated by three main winners, one of which was Slipp taking home the award for Most Innovative Agency with the motivation: “A unique franchise concept in the accounting industry, which builds the business around technology, automation, and innovation to create maximum efficiency for both agencies and the customers”