Fundler AB

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Fundler AB - overview

Established

2015

Location

Stockholm, -, Sweden

Primary Industry

Software

About

Fundler AB is a digital investment platform that enables Swedish consumers to engage in personal savings and investment activities through a variety of investment accounts and tools tailored for both novice and experienced investors. Founded in 2015 and headquartered in Stockholm, Sweden, Fundler AB operates as a digital investment platform. The company has remained consistent in its strategy, focusing on engaging users in personal finance. Fundler was built by a dedicated team, although specific individual contributions are not publicly highlighted.


In May 2019, Fundler AB raised SEK 7. 50 million in venture funding from JNE Invest, which was part of a larger SEK 20 million funding round. The total amount raised by the company to date stands at SEK 7. 50 million.


Fundler offers a comprehensive digital investment platform designed to engage Swedish consumers in their personal savings and investment activities. The core product offerings include various investment accounts, such as the Investment Savings Account (ISK) and equity fund accounts, allowing users to invest in both domestic and international equities, including listings on Nasdaq Stockholm and the New York Stock Exchange. Fundler's services are tailored for all types of investors, providing tools like pre-packaged fund portfolios to simplify the investment process for beginners. Features such as a savings robot and a podcast hosted by the CEO enhance user experience, aiming to democratize investment access and promote savings culture among the Swedish population.


In the most recent year, 2022, Fundler generated revenue amounting to SEK 170,671. 20. The company's revenue model is structured around earning income through commissions from investment funds selected by clients. Fundler does not charge users for accessing its investment platform, which helps attract a broader user base.


Revenue is mainly derived from residual income after clients receive applicable discounts on fund investments. Fundler has established a competitive advantage by offering zero brokerage fees for stock trading until 2025, which supports its strategy of providing low-cost investment solutions while ensuring a steady revenue stream from the fund management ecosystem. Fundler plans to leverage its recent funding raised on May 18, 2019, amounting to SEK 7. 50 million, to expand its product offerings and enhance its platform.


Future products are currently being designed to further engage users and improve their investment experience. The company is also exploring opportunities for geographic expansion into new markets within Europe, aiming to tap into a broader user base by 2025. The funding will be directed towards these initiatives to support the development and marketing of new products, thereby strengthening its position in the market.


Current Investors

JNE Invest

Primary Industry

Software

Sub Industries

e-Financial, Consumer Finance, Accounting/Finance Software, Analytics & Performance Software

Website

www.fundler.se

Verticals

FinTech, Mobile Apps

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Fundler AB - timeline of key events

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Fundler AB - financials

Fiscal Year EndedJun 30, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)-6,961218,455369,618---
% Revenue Growth (YoY)---69.2%---
EBITDA (USD)(168,997)(2,986,227)(12,770,068)(18,530,409)---
Operating Income (USD)(841,821)(4,716,939)(14,921,272)(20,829,682)---
Operating Margin-(67762.4%)(6830.4%)(5635.5%)---
% EBITDA Margin-(42899.4%)(5845.6%)(5013.4%)---
NET Income (USD)61,410(3,683,412)(14,981,475)(20,807,566)---
% Net Margin-(52915.0%)(6857.9%)(5629.5%)---

Fundler AB - employee data

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