Indó, the Icelandic savings bank that intends to improve the financial services available to the Icelandic people, has officially opened for business. The only service that indó currently offers is a debit card account available for every Icelander over the age of 18. With that account, people will be able to perform all their basic… Read More Indó has opened for business
The Nordic Fintech week which was held this week in Copenhagen gathered visionary thought leaders and founders working in the Financial Industry from across the Nordic Ecosystem. Copenhagen Fintech and the Nordic Fintech Magazine hosted the conference which united 1300 attendees, 150+ speakers, 40+ banks, and 130+ Fintechs. It is safe to say that the… Read More Indó and PayAnalytics among the winners at the recent Nordic Fintech Week
This week, challenger bank indó announced €1m in funding. Following that announcement, Northstack interviewed Haukur Skúlason, cofounder of indó, on the opportunity. This was originally a part of the Memo, our newsletter with deep dives and commentary into the ecosystem. Our questions are in bold, answers in italic. A new bank, something that hasn’t happened… Read More “Banks as big, one-stop-shops are, in our view, on their way out” – An interview with indó cofounder Haukur Skúlason
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
