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Corporation
INTERNET | Internet Software & Services / Accounting & Finance
northmill.com

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Investments

1

Partners & Customers

1

About Northmill Bank

Northmill is a Swedish fintech company that develops straightforward and secure financial services for everyone. The company offers savings, credits, payments and insurance services.

Northmill Bank Headquarter Location

Regeringsgatan 20

Stockholm, 111 53,

Sweden

+46 8-400 070 40

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Northmill Bank Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Northmill Bank Rank

Research containing Northmill Bank

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CB Insights Intelligence Analysts have mentioned Northmill Bank in 1 CB Insights research brief, most recently on Jul 14, 2021.

Latest Northmill Bank News

Northmill expands to Norway

Sep 14, 2021

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Northmill expands to Norway Source: Northmill The neobank Northmill, which has the vision of improving people's financial life, is entering the Norwegian market. The first step is an entry into the refinancing market with Reduce, which has already helped thousands of Swedes lower their interest rates on existing loans, installments and private loans. The refinancing market in Norway is estimated to be worth NOK 153 billion. With a tailor-made and proven service, the neobank aims to compete with the established players. Hikmet Ego, CEO and co-founder of Northmill Bank, comments: “We have listened to the feedback that the Reduce-users in Sweden have given us and continuously developed the service, because there is really a positive force in including customers in the product development. We are now ready to take Reduce outside of Sweden, and we feel confident that we have a very competitive product that will help many people reduce their interest costs. The goal is to be able to offer more products and services in the future that help people improve their personal finances in the Norwegian market.” The total number of unsecured loans in Norway amounts to 7.7 million with a total volume of NOK 153 billion. The demand among consumers for services that help them reduce their interest costs is high, and Northmill, which is a completely cloud-based and digital bank, sees its proven services having a given place in the market. Jamal Hussain, Country Manager of Northmill Norway, comments: “We always strive to be as relevant as possible and offer banking services that we know people want and will benefit from. Today, many people pay a too high interest rate and today's customers do not have the same loyalty to their bank as before. As a customer, you are active and choose to move over certain services if more tailor-made solutions are offered, and not least, if you find better prices elsewhere. This is where Reduce comes in. Reduce has succeeded in helping people lower their interest costs at all levels in Sweden. We attract customers from both major banks and from buy-now-pay-later (BNPL) companies and credit companies.” Northmill is the highest ranked company within the banking category on Trustpilot in Sweden, and the personal contact and the opportunity to talk to a person is an important explanation for the high customer satisfaction. “We are obsessed with the customer experience and while being very technology-driven, we still think that you should be able to call us to get help and answers to your questions. There does not have to be a contradiction between being state-of-the-art, having the latest technology, and providing personal service. On the contrary, that is how you remain relevant”, says Jamal Hussain. Northmill was granted a Swedish banking license at the end of 2019 and has twice been named one of the fastest growing companies in Europe. Today, the neobank has an offer that extends over payments, savings, credits, refinancing and insurance. Related Companies

Northmill Bank Investments

1 Investments

Northmill Bank has made 1 investments. Their latest investment was in Zendesk as part of their PIPE on March 3, 2020.

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Northmill Bank Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

3/24/2020

PIPE

Zendesk

Yes

1

Date

3/24/2020

Round

PIPE

Company

Zendesk

Amount

New?

Yes

Co-Investors

Sources

1

Northmill Bank Partners & Customers

1 Partners and customers

Northmill Bank has 1 strategic partners and customers. Northmill Bank recently partnered with Tink on November 11, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

11/25/2020

Partner

Tink

Sweden

Swedish Neobank Northmill Bank Announces New Partnership With Tink

Northmill and Tink added they will continuously keep developing their partnership .

1

Date

11/25/2020

Type

Partner

Business Partner

Tink

Country

Sweden

News Snippet

Swedish Neobank Northmill Bank Announces New Partnership With Tink

Northmill and Tink added they will continuously keep developing their partnership .

Sources

1

Northmill Bank Team

10 Team Members

Northmill Bank has 10 team members, including current Founder, Chief Executive Officer, Hikmet Ego.

Name

Work History

Title

Status

Ozkan Ego

SB Ventures

Founder

Current

Hikmet Ego

Founder, Chief Executive Officer

Current

Sargon Kurt

Founder, Chief Operating Officer

Current

George Kurt

Founder, Chief Financial Officer

Current

Tobias Ritzén

Chief Financial Officer

Current

Name

Ozkan Ego

Hikmet Ego

Sargon Kurt

George Kurt

Tobias Ritzén

Work History

SB Ventures

Title

Founder

Founder, Chief Executive Officer

Founder, Chief Operating Officer

Founder, Chief Financial Officer

Chief Financial Officer

Status

Current

Current

Current

Current

Current

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