Nowonomics
We believe that long term savings should be easy, fun, and accessible to everyone. Our ambition is that no one should have to worry about their standard of living as they get older!.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
* | SEK6.3m | Post IPO Equity | |
| Total Funding | 000k | ||
| EUR | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 100 % | 50 % | 117 % | (19 %) | 53 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | (900 %) | (350 %) | (333 %) | (215 %) | (286 %) | (100 %) |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | (950 %) | (375 %) | (350 %) | (246 %) | (352 %) | (126 %) |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
Related Content
Nowonomics AB, a Swedish fintech company established in 2015 by Alexander Paterson, Emmet King, and Luca Banderet, operates a digital platform for private pension savings. The company aims to simplify retirement savings for individuals in Sweden, making the process more accessible and engaging.
A significant milestone for Nowonomics was its recognition as the IPO of the year in 2021. In a strategic move to enhance its service offerings, the company acquired QQM Fund Management AB in 2022.
The core of Nowonomics' offering is its mobile application, Nowo, which serves as a digital savings platform. The app is designed to help users monitor and grow their pension savings through a simplified and gamified experience. In addition to its primary savings function, the platform provides users with access to a range of other financial services and insurance products.
Nowonomics operates on a business model that generates revenue through its digital savings platform and the associated financial services it offers to its user base. The company primarily targets the Swedish market, catering to private individuals seeking to supplement their retirement funds.
Keywords: fintech, pension savings, digital platform, retirement planning, financial services, mobile application, Swedish market, investment, wealth management, personal finance
Tech stack
Investments by Nowonomics
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