Hypoteket gets SEK 10M more from Schibsted.

Sweden Investments 18 September 2017
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Hypoteket, a Stockholm, Sweden-based company providing a platform for morgage services, announced receiving an investment of SEK 10M ($1.25M). The money comes from its existing investors, Schibsted.

Hypoteket, was launched as BolÄnegruppen in 2014 and is led by CEO Carl Johan Nordquist. The company, which is yet to make public its web platform, provides pension funds and insurance companies with the opportunity to invest in mortgages.

Prior to this transaction, in 2016, Hypoteket received SEK 5M from Schibsted and owned 25% of the company.