Industrifonden leads €7.5m funding round for Meniga

This investment will help Meniga expand in the personal digital banking segment as well as deepen its connection with banks and other financial services providers.

Sofia Ericsson Holm, investment manager at Industrifonden, will join Meniga's board of directors.

Previous funding
According to Crunchbase, the startup has raised more than €21.3m in four rounds prior to Industrifonden's investment. In August 2016, Frumtak and Velocity Capital backed the company with €7.3m of venture funding and in July 2013 Kjölfesta provided $6.5m.

Company
Founded in 2009 Reykjavik, Meniga is a London-based fintech company focusing on digital banking application development.

Meniga has offices in London, Reykjavik and Stockholm.

People
Meniga – Georg Ludviksson (CEO).
Industrifonden – Sofia Ericsson Holm (investment manager).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom
• Industrifonden