Dicopay to raise $4.5M in capital investment from Resurs Bank, Schibsted and Moore Strategic Ventures.

Dicopay, a Stockholm, Sweden-based company providing digital and mobile services for billing and direct payment, announced securing SEK 42M ($4.5M) in capital investment.

The money was provided by Swedish strategic investors, including Schibsted Growth, Resurs Bank and Moore Strategic Ventures.

Dicopay, founded in 2017 and led by CEO Marie Lundberg, built a digital service called Belgetti AB, which is a mobile app helping companies with the administering of invoicing and payment processes. The company launched its mobile billing service with direct payment in September 2018.

Prior to this, Dicopay secured seed capital in two rounds from investors including ADDInvest and Swedish angel investors Anders Borg and Christian Lagerling (also a founder in the company).