Children and young people can get an overview of their expenses as well as set financial goals, while parents are given a simple tool to manage pocket money and savings. The startup also provides a MyMonii Mastercard.

The fintech startup raised an investment of roughly €675 000, and has now taken the first small steps towards an international growth journey.

The capital injection comes from the five business angels Jakob Bendsen, Morten Møller Holst, Sune Alstrup, Louise Ertman Baunsgaard and Susanne Brønnum as well as through a business angel matching loan from Vækstfonden who helps entrepreneurs with average or poor credit. The latter three business angels have played key roles in companies such as The Eye Tribe, Letz Sushi and Nets.

“We have proven that there is a willingness to pay to have a card and a digital savings for children and young people under the age of 15, and we are now at a place where we are ready to scale. Our new investors bring skills and experience that will have a positive impact on us in this journey,” – says Louise Ferslev, CEO and founder of MyMonii.

The capital injection will be used to develop and refine the elements that will further strengthen MyMonii’s product and create growth both locally and overseas. Right now, Germany in particular is of interest to the fintech company, and the initial market analyses are expected to begin shortly.

In parallel with the investment round, MyMonii has relaunched its app, where the focus has been on creating a top-class user experience. It is essential to have a young audience that expects a fast and simple digital experience.

“A fintech startup like us must never rest on our laurels and feel that we have hit the spot. We are on a constant mission to find out what users want – before they even know it. This is what has made us a leader in the field in Denmark and hopefully also soon abroad,” – says Louise Ferslev.

Today, there is both a free and premium version of the app for Android and iOS, which has been downloaded more than 230 000 times.

The post Copenhagen-based fintech startup MyMonii announces new investment and prepares to scale appeared first on Øresund Startups.

Inspiring Fifty Nordic is a global initiative, initiated in the Netherlands by Janneke Niessen, and done together with Antler.

The awards breakfast hosted during Slush brought together leaders and influencers across the technology field that champion women and value the positive impact increased diversity has on all aspects of business including revenue growth, innovation and culture.

“We’re celebrating 50 women that have made major contributions to the Nordic technology industry. Their courage to push forward against the status quo and hard-fought success that makes them inspiring role models. It’s important that the industry, government, the wider business community and the public understand that the example the Inspiring Fifty sets will help transform the industry’s workforce, improving the sustainability of the Nordic economy.” Janneke Niessen, said

Amongst the Nordic list of 50 women in tech, 9 are from the Øresund region.

• Camilla Hessellund Lastein, Founder and CEO, Lix
• Laila Pawlak, Co-founder and CEO, Singularity University Nordics
• Louise Ferslev, Founder and CEO, MyMonii
• Mette Lykke, CEO, Too good to go
• Natasha Friis Saxberg, Deputy Chairman, Foundation for Social Responsibility
• Ritu Jain, Co-founder and COO, LifeX
• Thea Messel, Founder and General Partner, Unconventional Ventures
• Tine Thygesen, Board Member, The Creators Community
• Vanja Tufvesson, Co-founder, Pink Programming

You can see the entire list here.

The post Top tech women celebrated by Inspiring Fifty appeared first on Øresund Startups.