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Northmill

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Northmill combines the latest technology with financial services to build innovative products within consumer lending and mobile banking

Stockholm, SwedenFounded 2006Fintech
Valuation $100–250M Last recorded · 2021
Revenue $50–100M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Northmill and the history behind them.

About Northmill

Northmill Bank, founded in 2006 in Stockholm, Sweden, is a tech-driven financial institution focused on improving financial lives through innovative technology. Serving a diverse clientele, Northmill operates primarily in the Nordic market, including Sweden, Finland, Norway, and Poland. The bank offers a range of financial products and services designed to simplify and enhance the banking experience for its customers. Northmill's business model revolves around leveraging advanced technology to provide user-friendly, efficient, and secure banking solutions. The company generates revenue through interest on loans, transaction fees, and other financial services. By continuously integrating customer feedback and exploring new technological advancements, Northmill aims to debunk traditional banking myths and set new standards in the financial industry.

Source: Dealroom company data

At a glance

Founded
2006
Headquarters
Stockholm, Sweden
Sector
Fintech
Power Law
Colt$25–100M revenue

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • M2 Asset Management AB
  • Coeli
Team profiled 15 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
4 countries with
team presence
🇸🇪 Sweden71.5%
🇵🇱 Poland26.4%
🇫🇮 Finland1.6%
🇬🇧 United Kingdom0.5%
4 countries shown
Web traffic by country
270K monthly visits
across markets
🇸🇪 Sweden88.2%
🇩🇪 Germany7.4%
🇫🇮 Finland3.1%
🇳🇴 Norway0.9%
🇨🇿 Czech Republic0.6%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Northmill on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Northmill on the full Dealroom platform

Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.