Settle

Mobile payment pioneer, powering Settle - the mobile payment network of Europe

Business Model: B2B

Revenue: $0

Employees: 11-50

Detailed Settle Information

Geographic Data

Settle headquarters map

Address: Tordenskiolds gate 8-10

City: Oslo

State: oslo

Zip: 0160

Country: NO

Financial Info

Stage:

undisclosed

Raised Last:

$4M

Raised Total:

$13M

Metrics

1,685,760Website Global Rank

13,972Website Monthly Traffic

Twitter Followers

Description

Settle Group invented mobile payments in the Nordics, was awarded a patent for mobile payments in 2011 in Norway, and launched the first mobile payment service in Norway. After selling a license for its technology, and the client base of the Norwegian service to the leading Norwegian banks, which today run this as the national mobile payment standard adopted by 80% of the population, Settle Group internationalize its technology and formed the Settle network. Similar to the services known as Alipay, PayTM, Venmo, Zelle, etc. Settle enables people and companies to pay, get paid, manage their money, and grow their businesses using a mobile payment app. Settle Group is licensed to provide financial services in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden, in accordance with its e-money license #108654 issued by the Norwegian Financial Supervisory Authorities.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
4/2020 Funding Round $1.1M
6/2021 Funding Round $3.7M
2/2014 Series A 2 $6.9M Northzone
Entrée Capital
Entrée Capital
Northzone
Entrée Capital
Entrée Capital
11/2018 Venture Round $0 SpareBank 1
SpareBank 1
SpareBank 1
SpareBank 1
11/2018 Venture Round 1 $1.8M SpareBank 1
SpareBank 1
SpareBank 1
SpareBank 1
Announced Date Name Price

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