Total amount raised
$345.5 Million
Latest funding date
2017-05-06
Location
Saxo Bank offers a range of online trading and investment services through its platforms, including SaxoInvestor and SaxoTrader. The bank provides access to various financial products such as stocks, ETFs, mutual funds, bonds, options, CFDs, forex, futures, and commodities.
Keep reading to explore the intricacies of Saxo Bank's fundraising journey and the investors backing this innovative platform.
What Is Saxo Bank?
Saxo Bank, founded in 1992 by Kim Fournais, is a prominent player in the financial services industry, specializing in online trading and investment. Headquartered in Hellerup, Denmark, the bank is regulated in 13 countries, ensuring a secure and compliant environment for its clients.
Offering services through its SaxoInvestor and SaxoTrader platforms, Saxo Bank caters to over one million clients globally. The bank is known for its stability, comprehensive support services, and commitment to providing a wide range of financial products with low fees and no minimum initial funding.
How Much Funding Has Saxo Bank Raised?
- Private Equity Round
- Amount Raised: DKK 728,000,000
- Date: June 2005
- Lead Investors: General Atlantic
- Undisclosed Round
- Amount Raised: EUR 77,500,000
- Date: April 2015
- Lead Investors: AB CarVal Investors
- Secondary Market Round
- Amount Raised: DKK 951,000,000
- Date: August 2015
- Secondary Market Round
- Date: May 2017
- Lead Investors: Geely, Sampo Group
The total amount raised by Saxo Bank is DKK 1,679,000,000 and EUR 77,500,000.
Key Investors
- General Atlantic
- Details: General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. Founded in 1980, the firm has a long history of investing in technology, consumer, financial services, and healthcare sectors.
- Investment Focus Areas: Technology, consumer, financial services, healthcare
- Notable Investments: Airbnb, Alibaba, Uber
- AB CarVal Investors
- Details: AB CarVal Investors is a global alternative investment manager specializing in distressed and credit-intensive assets. The firm was founded in 1987 and has invested over $100 billion in 5,300 transactions across 82 countries.
- Investment Focus Areas: Distressed assets, credit-intensive assets, real estate
- Notable Investments: Not publicly disclosed
- Geely
- Details: Geely is a Chinese multinational automotive company headquartered in Hangzhou, Zhejiang. Founded in 1986, Geely is one of the largest privately-owned automakers in China.
- Investment Focus Areas: Automotive, transportation, technology
- Notable Investments: Volvo, Lotus, Daimler
- Sampo Group
- Details: Sampo Group is a Finnish financial services group headquartered in Helsinki. Established in 1909, the group operates in insurance and banking sectors across the Nordic and Baltic countries.
- Investment Focus Areas: Insurance, banking, financial services
- Notable Investments: Nordea, If P&C Insurance, Mandatum Life
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