Swedish fintech company Swimbird secures financing for further market and technology initiatives

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Fintech company Swimbird has secured its third round of funding raising 30MSEK.

Stockholm, September 2023: Fintech company Swimbird has secured its third round of funding raising 30MSEK. Swimbird's innovative solution SWIP allows investors to see the entirety of their holdings and the funding supports the company's AI-based development of the integration platform Swimbird NEST as well as further market expansion.

"We are pleased that we continue to hold our existing investors trust and that they believe in on our solution. The financing ensures further development of our platform and the expansion of sales and marketing resources and activities. Our solution allows investors to see their complete holdings and the continued funding underscores the need for our solution and that its unique open finance functionalities are of interest to our markets." - Eva Lundell, CEO and founder.

The round was led by several leading Scandinavian investors such as the Hagströmer family, Harry Klagsbrun, and Caspar Callerström, as well as employees. "We are users of Swimbird's services and believe that there is great potential for the service not only in theNordics but also globally," says Erik Törnberg, CEO of the Hagströmer family's company Biovestor. In total, the company has raised 70M SEK.

About the company

Swimbird provides a cloud-based B2B SaaS platform that integrates and aggregates data from various sources to support portfolio management, reporting, and analysis. Main customers are banks, asset managers, family offices, PE, and VC firms.The company was founded in 2018 and operates internationally from its office in central Stockholm.

Press contact:

Eva Lundell, CEO

+46 72-325 27 21

eva@swimbird.se

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