Information Technology
Danske Bank invests in United Fintech and joins board to digitally support its Forward '28 strategy
says Claus Harder , Head of Transaction Banking & LC&I Business Development with Danske Bank.
The investment will enable swift access to exploration of cutting-edge fintechs through United Fintech's platform. Building on collective efforts along +200 other financial institutions, this will also allow Danske Bank to benefit from new strategic partnerships and scalable ways of diversifying its digital ambitions - and thus support the bank's Forward '28 strategy across areas such as corporate banking, capital markets, wealth management and API integrations:
elaborates Claus Harder .
The announcement of Danske Bank's investment comes just months after it was published on February 27 that BNP Paribas and Citi entered as institutional investors in United Fintech .
According to United Fintech's founder and CEO, Danske Bank's investment is not only a testimony to the Nordic bank's commitment to shared collaboration on an industry-neutral platform, but the financial industry as a whole, as the Unithed Fintech confirms it is also in advanced talks with further strategic investors to join its transformative journey, signalling a broad industry shift towards collaborative fintech innovation as global banking enters a new era:
ends Christian Frahm , CEO and founder of United Fintech.
For more than 150 years, Danske Bank has helped enable growth and development in society. The bank has developed in tandem with the societies it exits in providing advisory services, expertise and financial solutions that have helped individuals, families, businesses, and organisations to realise their ambitions and potential. The bank helps customers in eight countries, has more than 200.000 small and medium-sized business customers and more than 35 percent of large corporates in the Nordics. With long-term sustainable development an ambition the bank will continue to work every day to be the best possible bank, for the benefit of customers, employees, shareholders and the societies it is part of.
Founded in 2020, United Fintech is an industry-neutral Digital Transformation Platform where global financial institutions and cutting-edge technology providers come together to unleash their full potential and enable the future of finance. United Fintech remains on the frontier of innovation by acquiring engineering-led fintechs within Capital Markets, Wholesale Banking and Wealth Management under a central umbrella and in just four years, the company has acquired five fintechs and is on track to acquire many more. In 2024, United Fintech received investments from BNP Paribas and Citi.
For more information, please direct media enquiries to:
Ulrik Scheibye / ulrs@danskebank.dk / +45 4514 1400
Nic. Rossen / rossen@unitedfintech.com / +45 2072 9972
pictures of Claus Harder of Danske Bank and Christian Frahm of United Fintech here:
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