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Kompasbank, the youngest bank in Denmark, raised EUR 12 million in new funding. The SME focused neobank has now raised more than EUR 40 million in capital since receiving the banking licence from the Danish FSA in March 2021. kompasbank, the Danish neobank dedicated to help small and medium-sized businesses, is the youngest bank in Denmark, but still very successful in raising
Editorial | what does this mean? This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Denmark's Kompasbank gets license 17 March 2021 2 Kompasbank, a digital startup targeting Denmark's SMEs, has received its banking license from the country's Financial Supervisory Authority. The bank, slated to open in the summer, is the brainchild of Michael Hurup Andersen, a financial services industry veteran who has previously worked at Saxo Bank and Deloitte. The venture has buil...