Icelandic challenger bank indó raises €1m in seed funding

The Icelandic challenger bank indó just announced having raised €1m in seed funding in three rounds, the last one having more than 30% excess demand. Investors were mainly angel investors and private individuals that share the company’s vision to change how banking is done. “We saw an opportunity to offer a banking service that is… Read More Icelandic challenger bank indó raises €1m in seed funding

A new overview report of the Fintech ecosystem in Iceland

The Icelandic Fintech Cluster and SFF, the Icelandic Financial Services Association, have published a report, written by Northstack, on the Fintech ecosystem in Iceland, creating a comprehensive overview and interesting discussion on the Icelandic Fintech ecosystem. The report includes a map of the current members of the Fintech cluster and ecosystem in Iceland, highlights recent… Read More A new overview report of the Fintech ecosystem in Iceland