Pensiono raised SEK 44M via Pepins

Sweden Investments 29 April 2017
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Pensiono, a Stockholm, Sweden fintech marketplace, announced closing a crowdfunded equity raising campaign of SEK 44M ($5M) on Pepins. The money comes from over a 1000 investors, which oversubscribed the initial target of SEk 39M, and will also be used for development of Svenska Fribrevsbolaget, a company which is part of the group.

Pensiono, founded in 2010 Nicklas Hellberg and Mattias Fellenius, has developed a marketplace for comparison of pension insurance products. In 2016 the company had net sales of SEK 6.3 million ($730k) with an operating loss of SEK -5.5 million.