Capcito closes a SEK 20M investment round from SEB and Collector

Sweden Investments 21 September 2017
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Capcito, a Stockholm, Sweden-based company managing a platform for credit assessments, announced closing a new investment round totalling SEK 20M ($2.5M).

The money comes from SEB and Collector Ventures, which will also make available loans for the company, and will be used to further expand on the Swedish market.

Capcito, founded by Michael Hansen in 2014, developed a platform through integration with cloud-based financial systems, providing a real-time valuation of the customer's data, and an assessment of their financial health.

Prior to this investment, Capcito raised SEK 10M ($1.2M) in two rounds, one in 2015 and one in 2016.