Dintero to raise NOk 10 million more from existing investors.

Sweden Norway 30 March 2021

Dintero, an Oslo, Norway-based operator of an open marketplace for various payment solutions, announced the completion of a NOK 10M ($1.2M) capital investment round.

The money was raised from existing shareholders including Schibsted Growth. According to the media, the deal prices the company at NOK 200 million ($23.4M).

Dintero, founded in 2017 by CEO Daro Navaratnam, developed an API solution whereas retailers can connect various of their digital sales and payment services in one platform. The solution is in use by paying customers including Skeidar, Staples, Instabank and Europris.

In 2020, Dintero raised about $1.2 milliion, in two rounds - one at the beginning of the year, and the other at the end of the year.

Total investments received (USD): 2.6M