Meniga raises $3.7m from Swedbank

Meniga raises $3.7m from Swedbank

Nordic bank Swedbank today announced it had invested $3.7m (€3m) in Meniga in a strategic financing round which includes other key customers of the company.

“We see Meniga as an innovation partner to give our customers a digital experience that includes a better overview and insights of all their finances both from Swedbank and external parties. We are very pleased with the agreed partnership,” says Lotta Lovén, Head of Digital Banking at Swedbank in a statement.

Georg Ludviksson, Co-founder and CEO of Meniga commented: “We are delighted to welcome Swedbank as a strategic investor and look forward to playing our part in their digital transformation.”