Participated · Equity · Jun 2022

Yabie is a Stockholm-based fintech that provides cloud-based checkout and payment solutions for SMEs. Founded in 2017 by Mathias Plank, the company's all-in-one platform bundles software, hardware, checkout systems, and payment options that integrate with accounting. Yabie serves more than 4,000 enterprise customers in Sweden and processes over 100 million transactions annually, with transaction volume exceeding €380M. In June 2022 the company raised €15M at a €91M valuation in an oversubscribed financing led by Absolute Unlisted. The new capital will be used to accelerate platform development and support expansion into new markets. To date Yabie has raised €50M.

Participated · Equity · Apr 2019

Credit Kudos is a U.K. challenger credit bureau that analyses customers’ bank account transaction data via open banking to build more accurate pictures of financial health and creditworthiness. The company offers a platform lenders can integrate to use open-banking data in existing underwriting workflows, aiming to reduce defaults, speed decisions, and lower assessment costs versus less scalable methods. Credit Kudos says its approach gives borrowers control over sharing bank data and can reach customers who are underserved by traditional credit scores. Last year the startup onboarded more than 50 new lenders, including FTSE100 firms, independent credit unions and community finance vendors, and has partnerships with ClearScore, CarFinance 247, and Mojo Mortgages. Its revenue model charges lenders a monthly fee based on the volume of transactions processed. The company is led by co-founders and executives Freddy Kelly (CEO) and Matt Schofield (CTO), and positions itself as the first regulated challenger in the market putting control in borrowers’ hands. The business recently raised external capital in a Series A to support growth and platform adoption. Credit Kudos operates an Open Banking-based platform that provides lenders, brokers and financial institutions with transparent scoring based on consumer-consented account data. The company aims to advance financial inclusion by delivering a fairer representation of individual creditworthiness. Credit Kudos is an FCA-authorised credit bureau and an Open Banking Account Information Service Provider (AISP). It was co-founded by software engineers Freddy Kelly and Matt Schofield and launched its Open Banking platform in January 2018. The startup plans to use new capital to drive further growth in the UK, support expansion into Europe and invest further in its platform. The company sells its scoring and data services commercially to financial-sector customers.

Participated · Equity · Feb 2018

Zervant offers online invoicing software for micro enterprises and entrepreneurs across Europe, targeting companies with fewer than 10 employees. It operates a freemium model where the basic software is free and users can pay for subscriptions that include premium invoice delivery and support. The company is making a strategic bet on upcoming EU electronic-invoicing legislation and has offered an e-invoicing feature to Finnish customers for the past five years, enabling users to send e-invoices with a click. Zervant's software is used by about 20,000 business customers across seven countries, with 85 percent of current growth coming from France, Germany and the U.K. The startup plans to launch complementary invoicing-related products, including a form of invoice financing to speed up customer cash flow. Founded in 2010 and headquartered in Espoo, Finland, Zervant says it may add more premium services in the future to widen its revenue portfolio. Zervant provides online invoicing services designed for freelancers and small businesses, with tens of thousands of entrepreneurs using the product across Europe. Its core markets include Finland, Sweden, Germany, France and the UK. The company is led by co-founder and CEO Mattias Hansson. Zervant plans to use new funding to boost international expansion and to add product features such as invoice finance. Financially, the company has raised over €8M to date, including the recent Series A. Zervant provides online invoicing and accounting software that helps micro businesses manage their financials more quickly and cost efficiently. Led by CEO Mattias Hansson, the service targets small businesses across Europe. The platform is used by 40,000 small businesses and is available in five languages. Key markets include Sweden, Germany, France and Finland. Founded in 2010 and based in Helsinki, the company has a team of 13. Zervant raised €1.5m and intends to use the capital to boost its international rollout.

Participated · Equity · Dec 2016

Leasify operates a digital platform for small- and medium-sized companies to analyze, manage and procure leasing agreements. The platform notifies connected businesses when contracts expire to facilitate procurement of new leasing and financing services. It compares products and services from 40 suppliers, banks and financing companies currently connected to the platform. Businesses use the service for free; Leasify receives a commission from suppliers when a contract is signed. Launched in late 2015, the company today serves approximately 1,000 businesses. The company intends to use the new funding to continue digitizing processes, systems and customer acquisition in the Swedish market.