Enkla raised SEK 5M.

Enkla, a Stockholm, Sweden-based company working for the development of a financial service platform, completed a SEK 5M ($531k) capital investment round.

The money was provided by existing investors, including the company's founder and CEO Alexander Widegren. At the same time, the two main investors - NFT Ventures (8.8%) and Collector Ventures (14%) - exited their positions as they sold out their shares.

Enkla, founded as Lånbyte as 2012 by Alexander Widegren, build a digital tool for fully providing an automated online mortgage application and consequent access to it. The company is losing money at a yearly turnover of about SEK 800k (90k).

Prior to this deal, the company raised about $5M.