Northmill Bank

Active#37 in Sweden

Challenger bank

Fintech›challenger bank

Founded2006

HQStockholm

RaisedUndisclosed total

Last roundEquity round · Feb 2021

Country of originSwedenListed in the Sweden ranking

Where would you invest?SwedenJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
Sweden · all sectors	Top 50	#37	Edition 0 – beta · October 2026	25 Oct 2026

Rank historyOct 2026 · #37First edition: no movements yet.

Estimated valuation

AI · Sweden ranking

≈ USD 150MUSD 77–310M · Hundreds of M$ Low confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Hectocorn

Anchor: Last known equity round: Equity round · USD 30M · Feb 2021
AI adjustment: None

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

Undisclosed total raised in total

Date	Round	Amount	Type	Investors
Feb 2021	Equity round	USD 30M (SEK 250M)	Equity	M2 Asset Management, Coeli

Rounds as cited by Uback’s rankings. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

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What the AI reads

Read by the AI at the next edition.

Comparable companies in Sweden

Full Sweden ranking →

Trustly#8Fintech › account-to-account paymentsHundreds of M$Juni#13Fintech › e-commerce bankingHundreds of M$Brite Payments#19Fintech › instant bank paymentsHundreds of M$Doconomy#29Fintech › climate impact tools for banksHundreds of M$

Investors in Northmill Bank: M2 Asset Management · Coeli

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.