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Thorleif Krarup invests in Cardlay and becomes its new Chairman

The Danish fintech startup Cardlay has recently received a major capital injection amounting to more than DKK 1 million ($ 150000). The investment has been made by the previous CEO of Nordea, Thorleif Krarup, who also will be acting as chairman of the company’s board. Cardley is a platform that streamlines expense management and administration […]

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Copenhagen’s largest tech startup hub will host an open day

Founder’s House and Startup Village will allow a unique behind-the-scenes look at Copenhagen’s first and largest tech startup hub. Normally accessible only to resident startups and investors, on September 1st the area will open its doors to anyone interested while hosting 25+ talks, demos and tours around some fast-growing Danish startups. Since its creation 5 […]

lunar way cphftw startup copenhagen

Denmark’s largest mortgage provider invests in neobank Lunar Way

Lunar Way has already been backed by angel investors and the venture fund SEED Capital, one of the most successful venture funds in the Nordics. Now mortgage provider Nykredit will have a minority interest too. With this Lunar Way is ready to move into Sweden and Norway later this year, where local partner banks are […]

jeremie and lovisa malmostartups skåne startups

Skåne tech scene adds jet fuel – Malmö Startups expands

Malmö Startups announces today the recruitment of two local startup ecosystem talents to lead Malmö Startups and help drive faster growth and innovation for the startup community in the south of Sweden: Lovisa Nicklasson and Jeremie Poirier. The two recruits will work hand in hand, serving as Co-Heads of Malmö Startups and will report directly […]

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Bookingabus.com receives millions in capital as investment

Bookingabus.com, a danish startup has received capital from renowned investors and is expected to be a big step towards building a stronger foundation of the bus industry. The startup plans on expanding to other European markets with this capital influx. Bookingabus.com has developed an algorithm that calculates the price for the desired trip when the customer has entered […]

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Shipbeat files for bankruptcy

Shipbeat, the startup focusing on making shipping easier and better, has filed for bankruptcy. The startup, founded by Kenneth Svenningsen and Joachim Rørbøl, aimed at enabling e-commerce companies to lower there shipping costs and making the solution easier. Making what Klarna has done with payment, but for logistics. “Logistics is costly for online retailers. About […]

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Airhelp raises impressive € 10.8 million round

AirHelp, the startup focusing on making claims from delayed flights easy for everyone, has raised over € 10 million ($12 million) in Series A funding. The funding comes from a group of investors and big names, including Khosla Ventures, Evan Williams (co-founder of Twitter, and CEO at Medium), Naval Ravikant (co-founder of Angellist), Jimmy Maymann […]

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Coinify raises € 3.5 million from SEB Venture Capital

Fintech-startup Coinify has recoived an investment from SEB Venture Capital. “Coinify is a blockchain payment company with the mission to bridge the gap between emerging blockchain and traditional finance industries. The fact that our current investors are joined by a classic, yet very visionary bank dating back to 1856, sends a strong message to both […]

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November First offers warrants as payment to employees

Mikael Langseth Nilsson, CEO & Founder of November First, is using a new system to compensate his employees for their work. Instead of offering high salaries, the employees of November Firs are offered stock options in the company. While this is a method widely utilized in the USA, implementing it in a Danish IT company […]

autobutler cphftw acquired Peugeot

French carmaker acquires majority stake in Autobutler

PSA Group, Europes’ second biggest carmaker behind the brands Peugeot, Citroën and DS — has acquired a majority stake in auto-repair marketplace Autobutler. Autobutler, founded 6 years ago by Christian Legêne and Peter Zigler, lets car owners get car repair quotes online from garages in Denmark, Sweden, U.K. and Germany, thus bringing greater transparency to […]