Näktergal completes a $600k investment round from investors including Henrik Källén, Stefan Backlund and Fredrik Sjö

Näktergal, a Stockholm, Sweden-based company operating a digital mortgage platform, completed a new investment round totalling SEK 5.5M ($580k).

The money was provided by new and existing investors, including Henrik Källén, Stefan Backlund and Fredrik Sjöö.

Näktergal, founded in by CEO Erik Bennerhult and Mikael Abrahamsson, built a digitized lending system aiming to become a viable alternative to the four main banks providing mortgage products in the Swedish market.

The company expects to get to SEK 6.5 million in 2019. Prior to this deal, Näktergal raised less than a million dollars, from investors including Uttran Invest.