Axeptia announced that it secured NOK 10 million

Axeptia, an Oslo, Norway-based software company selling a SAAS for credit and debt collection portfolio management, announced that it secured financing totalling NOK 10M ($1.2M).

The money is a combination of loans provided by Innovasjon Norge and equity raised from existing investors, including Blommenholm Industries AS and Gunnar Evensen. Proceeds will be used to grow operations throughout the Nordic region.

Axeptia, founded in 2017 by Stian Bølskog Davidsen and Per Nestor Warp, developed a software service that is integrated with a variety of data sources, allowing credit managers, financial managers and others to gain insight and control over their own credit and debt collection portfolio, both operationally and strategically.