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Danske Bank takes 11% stake in cloud-based salary payments outfit Zenegy

Source: Danske Bank

Danske Bank’s business customers need access to innovative solutions. That’s why the bank has teamed up with Zenegy.

Danske Bank now owns 11 percent of the tech startup specialised in cloud based salary systems.

Zenegy’s data driven salary platform will automate a range of manual processes and contribute to make HR solutions digital in order for our small and mid-size business customers to handle it more efficient.


Our clean ambition is to offer more to our corporate clients than just being their traditional bank. We wish to offer them the most up to date and effective solutions - solutions than will optimize and simplify their daily life. This is why our investment in in Zenegy is important.
Frederik Vinten

Head of Group Development, Danske Bank

A boost to Nordic ambitions
With almost 500.000 business clients in the Nordic, Danske Bank is the perfect match for Zenegy with its plan for escalating in this region, says Zenegy founder and CEO Jes Tækker Stemann Brinch.

”We were already planning for a Nordic expansion. Backed up by a big partner like Danske Bank we’re obviously now able to capitalise on a broader foundation and do so with more credibility and on a bigger scale, “says Jes Tækker Stemann Brinch.

Zenegy is meant to be integrated in District, Danske Bank’s online platform for corporate customers, where all financial data can be stored and handled.

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