09/05/2024
kompasbank raises €5.5 million
kompasbank has recently been recognized by C-Innovation as the leading SME bank in Denmark and the fastest-growing digital bank in Europe.
With a revenue growth of 442% in the past financial year, kompasbank has been identified by C-Innovation as the fastest-growing bank in Europe among established digital banks, including Revolut, Monzo, Lunar, OakNorth, and N26.
C-Innovation is an international research and consulting firm specializing in analyzing neobanks and the global fintech ecosystem. Their analysis highlights how kompasbank has made a significant impact on Danish small and medium-sized enterprises (SMEs) by focusing specifically on their needs, unlike many traditional banks.
The analysis further concludes that Kompasbank’s customer-centric business model and highly adaptable product portfolio have significantly contributed to its rapid growth and strong reputation among SMEs, which represent over 99% of all businesses in Denmark and Europe.
Read more in C-Innovation's analysis here.
For further information, please contact
Kasper Kankelborg
Head of Communication & Marketing