Swedish fintech company Näktergal, which supports financial institutions with cloud platform solutions for digital lending, has raised € 1 million under the leadership of Katalysen & Partners.
Näktergal’s plug and play cloud banking platform replaces traditional banking technologies, making lending more efficient and easier for banks and end consumers. The Swedish fintech solution supports customers with parts of the flow or end-to-end, making it easy to scale for different organizations. Since its inception in 2015, the company has gained clients ranging from banks to mortgage startups in Sweden and Finland.
Peter Almberg, CEO of Katalysen & Partners, said: “We have been working with Näktergal for 7 months now and I am extremely impressed with the achievements of the Näktergal team and their products. He added: “We are already actively involved in discussions with banks outside the Nordic countries and we look forward to Näktergal entering a new market with pomp and circumstance.”
The pandemic has further fueled the demand for fluid digital lending, dramatically increasing the need for Näktergals platform solutions. The new funding will help Näktergal meet growing market demands.
Erik Bennerhult, CEO and Co-Founder of Näktergal, comments: “It has always been my vision to replace traditional banking technologies with an intuitive and efficient lending platform, which could deliver the kind of personalized, streamlined and personalized experiences. quick as customers came. to look forward to in the cloud age. We are now at a pivotal point where large banking institutions must transform the way they operate their lending services, and Näktergal is well placed in this change. With new financing and a strong venture capital partner, we are now perfectly equipped to further develop our activities in Europe, with Germany next for Näktergal ”.
Earlier this year, Näktergal closed a smaller round to launch a new consulting branch. Näktergal Consulting was launched earlier in June and already has a team of 4 people who support financial institutions with funding projects involving large amounts of data.
“We launched Näktergal Consulting as an addition to our platform to help our new and suspected clients migrate their old processes to more digital flows. The service was very well received and made it easier for us to develop ”, continues Erik Bennerhult.