Northmill Bank

Northmill Bank is a Swedish neobank founded in 2006, focused on simplifying financial life for individuals and businesses in the Nordic region. With its headquarters in Stockholm, the bank operates under a banking license and serves over 600,000 customers across Sweden, Norway, Finland, and Denmark. Northmill is known for its tech-driven approach, emphasizing teamwork and customer-centric solutions. The bank offers a wide range of financial products and services for both consumer and business banking. For consumers, Northmill provides savings accounts, payment cards, consolidation loans, credit cards, and insurance products. For businesses, it offers loans, point-of-sale systems, and payment solutions that enhance the purchasing journey. Northmill prioritizes personalization and digital innovation, utilizing technologies like BankID for secure logins and partnering with Visa to improve payment solutions. Northmill has experienced significant growth, supported by a $30 million venture capital investment in 2021, which has facilitated its expansion into other Nordic countries and the B2B market. The company maintains a strong internal culture that values collaboration, innovation, and diversity, ensuring high-quality service and customer experience.

Financial Services Stockholm, Sweden Founded 2006 ~210 employees

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Employees
210
Revenue / employee
$217K
Revenue ~$45.5M
Total funding
$30M
Last round Feb 2021
H1B sponsor
NA

Funding

  • Feb 2021 · $30M · M2 Asset Management

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Northmill Bank FAQ

How many employees does Northmill Bank have?

Northmill Bank has about 210 employees (as of Nov 2025).

What is Northmill Bank's revenue per employee?

Northmill Bank makes about $217K in revenue per employee, based on $45.5M annual revenue and 210 employees.

How much funding has Northmill Bank raised?

Northmill Bank has raised $30M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.