Findity secures SEK 25M, looks to international expansion.

Findity, a Ludvika, Sweden-headquartered company developing a product that enable consumers to save all their receipts digitally, secures SEK 25M ($3.1M) in fresh funding.

The money comes from existing investors, including Sven Rosen, who is also the chairman of the board of directors.

Findity, founded in 2011 by a group of experienced entrepeneurs led by CEO Per Einarsson, built a platform that acts as a global infrastructure for all digital receipts and value added services. The platform is supported by two products, Sparakvittot (the consumer one) and Companyexpense (the corporate one).

Sparakvittot (MyFindity) is a digital service that enable consumers to save all their receipts digitally via smartphone or web. Companyexpense is the other product that is designed to support businesses and organizations to simplify the management of payments and expense management via app and web.

The company has 28 employees in Stockholm, Gothenburg and Ludvika, where CEO Per Einarsson lives, and is yet to be profitable, at a 2016-registered revenue of about SEK 6M ($750k).