Regily raised SEK 20 million in a round including Tin Fonder and angel investor Erik Selin.

Regily, a Stockholm, Sweden-based software company providing a tool for online payments, announced that it secured a SEK 20M ($2.4M) capital funding round.

The money was raised from local investors from Sweden including Tin Fonder and angel investor Erik Selin. The deal values the company at SEK 300M ($35.2M).

Regily, founded in 2017 by Alexey Kuznetsov and Kristoffer Cassel, developed a service called Checkin, a whitelabel software tool sold to e-commerce companies and designed to make it easier for users to sign up for new services, by handling the entire process for signups, identity and logins. The software combines multiple UX-systems, data sources, and identity solutions to instantly configure the best possible experience for each end-user at the point of checkin.

Regily has previously raised $3.6 million, last round announced in 2019, and is backed by investors including AGOF Investment, Wellstreet and angels Anders Borg, Eirik Winter, Johan Qviberg and Nicklas Storåkers.