Mxney raised DKK 21 million from Preseed Ventures, Vækstfonden and Danish angel investors.

Mxney, a Copenhagen, Denmark-based startup providing no-dillutive financing to ecommerce businesses, announced that it completed a DKK 21 million ($3.2M) capital funding round.

The money was raised from investors from Denmark, including Preseed Ventures, Vækstfonden and Danish angel investor Casper Blom.

Mxney, founded in 2020 by Mads Andreas Olesen and Morten Askekilde, provides financing solutions for ecommerce-based operations looking for growth through financing.