Fidesmo gets SEK 10M in fresh funding for a wearable technology that aggregates other debit cards.

Fidesmo, a Stockholm, Sweden-based company providing a mobile device that aggregates all sorts of financial services, closed a new investment round totalling SEK 10M ($1.23M).

The backers include angel investor Simon Josefsson and 82:an Invest, a local investment company which is a joint result between 41:an Invest and FAM.

FIdesmo, founded in 2013 and led by CEO Mattias Eld, developed a mobile device that makes it possible to connect with contactless cards and smart devices and fill them with new digital services. The technology can be found on all the devices/wearables that can be contactless, such as cards, bracelets, watches or USB sticks.

Prior to this transaction, Fidesmo raised almost $1M in outside investment funding.