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Sweden-based digital bank Northmill raises $30M

TechCrunch

As it stands, 2006-founded Northmill is available in Sweden, Norway and Finland, where it competes with incumbent banks with physical branches and the likes of Lunar, Revolut and Klarna (which operates as a bank in its home country of Sweden, and Germany). Next stop, Norway.

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Why Draper Esprit doubled down on its status as a publicly listed VC

TechCrunch

To understand why Draper Esprit not only decided to stay public but doubled down on its structure by moving to the main boards in London and Dublin, we got on the horn with the firm’s co-founder, Stuart Chapman. You have large incumbents with very outdated systems, but a very loyal and a very high degree of trust customer base.

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