United Fintech Receives Funding from Danske Bank

United Fintech Receives Funding from Danske Bank

Viggo Larsen
1 min read

United Fintech Secures Additional Funding from Danske Bank

United Fintech, a platform based in London that facilitates interactions between financial institutions and technology providers, has secured its third institutional investment from Danske Bank, following previous backing from BNP Paribas and Citi. This investment is expected to bolster United Fintech's digital strategy, Forward '28, by offering access to new strategic partnerships and scalable digital solutions. The involvement of Danske Bank further cements United Fintech's standing in the fintech industry. Claus Harder, the Head of Transaction Banking & LC&I Business Development at Danske Bank, has expressed enthusiasm about the partnership, highlighting the potential benefits for their customers.

Key Takeaways

  • United Fintech, a London-based industry-neutral platform, has secured funding from Danske Bank.
  • Established in 2020, the company has already acquired five fintechs in Capital Markets, Wholesale Banking, and Wealth Management.
  • Danske Bank will join BNP Paribas and Citi on United Fintech's board to support its digital strategy.
  • The investment enables Danske Bank to access new fintechs through United Fintech's platform and form strategic partnerships.
  • Danske Bank's investment follows BNP Paribas and Citi's institutional investment in 2024.


Danske Bank's investment in United Fintech not only strengthens the platform's presence in the fintech industry but also supports Danske's digital strategy, Forward '28. This move is likely to foster strategic partnerships and provide Danske with access to scalable digital solutions from United Fintech's acquired fintechs. It may also lead to intensified competition among financial institutions to secure similar partnerships and a potential industry shift towards platform-based collaboration. In the long term, this investment could lead to a consolidation of fintechs under United Fintech's umbrella, impacting the overall fintech landscape and traditional banking players.

Did You Know?

  • Industry-neutral platform: This term refers to a platform that is not limited to a specific industry or sector. United Fintech's industry-neutral approach allows them to cater to various sectors, such as Capital Markets, Wholesale Banking, and Wealth Management, expanding their client base.
  • Acquiring fintechs: United Fintech's acquisition of five fintechs in different sectors has broadened its service offerings and technological capabilities, making it more appealing to financial institutions seeking digital solutions.
  • Institutional investment: This type of funding, provided by established financial institutions like Danske Bank, BNP Paribas, and Citi, is intended to support a company's growth, development, and strategic partnerships, solidifying their position in the industry.

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