Steven received SEK 9M for making a digital group payments application a business.

Steven is a Stockholm, Sweden-based mobile application for group payments, developed by PEI and founded by Jens Saltin and Fredrik Olofsson at the end of 2016.

The company announced getting seed funded with SEK 9M ($1M) by a series of local investors, including Wellstreet, Johan Andersson, Daniel Pilotti, Sebastian Siemiatkowski, Robert Andreen and Johan Edenström.

The application is currently in an open beta version and is expected to be available in 2018.

Sïmon Saneback, Wellstreet:

Steven has a mix of amazing entrepreneurs with solid track record and a well-needed product that solves a real problem.