/regulation & compliance

News and resources on regulation, compliance, legal and governance issues for banks and fintechs.

Nordstjernan to invest inSwedish fintech company Roaring

Nordstjernan is to invest in the rapidly expanding fintech company Roaring and, with a shareholding of just over 20 percent, will become a partner to the founders and existing shareholders on the company’s continued growth journey.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Roaring is a Swedish fintech company formed in 2016, with its office in Täby in Stockholm. The company provides digital services to companies in all sectors with a need to automate customer data processes and know-your-customer (KYC) checks. Roaring offers highly sought-after services in such areas as automated anti-money laundering (AML) monitoring.

In a short time, Roaring has built a high-quality technical solution to ensure a smooth customer onboarding process, which reduces time-consuming manual work for a growing group of reputable customers.

This investment is being made within the Nordstjernan Growth & New technology sector.
“Roaring is the first investment in Nordstjernan’s new growth initiative. Roaring has significant potential in an exciting sector, and we believe Nordstjernan is a good fit as a partner in the phase in which the company currently finds itself,” says Nordstjernan’s CEO Peter Hofvenstam.

Sponsored [New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review[New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review

Comments: (0)

[New Impact Study] Case Management: The Key to Revolutionising Cross-Border PaymentsFinextra Promoted[New Impact Study] Case Management: The Key to Revolutionising Cross-Border Payments