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Denmark

kompasbank receives EUR5.5m boost to expand SME financing

kompasbank, a Danish digital business bank for small and medium-sized enterprises, has secured €5.5m from investors aimed at advancing the digital business bank’s SME finance capabilities. This new capital, primarily from existing investors, will significantly enhance kompasbank’s efforts to expand...

#kompasbank#sme finance

Kompasbank secures €175M EIF guarantees to boost Danish SME...

Vedbæk-based corporate bank Kompasbank has secured €175m in portfolio guarantee agreements with the European Investment Fund (EIF) to offer loans…

#EIF#SME lending


WFY´23: Danish factoring market recorded a good performance

In 2022 the Danish economy grew by 3.8 per cent, roughly on a par with the EU, which reported an…

#GDP#interest rates#pandemic


Danske Bank adopts Conpend’s TRADE AI app to enhance...

Danske Bank, the largest bank in Denmark, announces its collaboration with Conpend, a leading provider of technology-assisted document checking software…

#Conpend


Denmark: ‘Factoring shows resilience even in crisis times’

The Danish economy in 2020 contracted by 3.3 per cent due to COVID-19... (more…)

#factroing


Danish fintech Likvido secures €2.5m to support SMEs

Danish fintech firm Likvido has reportedly secured €2.5m in seed funding from... (more…)

#international#invoice#invoice management


EU approves Danish guarantee scheme to stabilise trade credit...

The European Commission (EU) has approved, under EU State aid rules, a Danish guarantee scheme to... (more…)

#guarantee scheme


Danish Export Credit Agency, Tradeshift to support supply chain...

Tradeshift, a supply chain payments specialist, has been working with the Danish Export... (more…)

#Tradeshift


Maersk Trade Finance to disburse US$200m to SMEs in...

Denmark-based Maersk Trade Finance has announced targeting... (more…)

#exports#global trade#Maersk


Danish bank exits Russia, Baltics after AML scandal

...which was involved in one of the biggest money laundering scandals of all time, will no longer do business in...…

#anti-money laundering#bank


Danske Bank joins Marco Polo network

Danske Bank has announced today that it has joined the Marco Polo network... (more…)

#Marco Polo


Denmark bank subsidiary rolls out SME financing solution

Whether it's a short-term loan to cover the purchase of new equipment or a longer-term arrangement to help expand into…

#bank#fintechs#interest rates

Nordic banks plan to set common KYC infrastructure 

Four Nordic banks have decided to explore the possible establishment of a Nordic Know Your Customer (KYC)... (more…)

#bank#banks#European Commission

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