AMWatch

Three Swedish pension funds back iZettle, citing sustainable growth

Swedish pension funds AMF and AP1 have invested EUR 20 million between them in Swedish fintech company iZettle, ahead of a possible IPO later this year. Buying their shares from a Santander venture capital fund, the deal comes hot on the heels of AP4’s first investment in the firm in December via iZettle’s latest funding round. The two national pension funds emphasise the sustainable growth angle of their investment.

The payment systems provider iZettle has attracted some major Swedish pension funds as investors.

Log in to read our articles

Welcome to AMWatch. A part of our content is exclusive and reserved for our users.

Try us for 21 days

Try a trial subscription for access to our quality journalism

Frontpage right now

It all began in a copying room 25 years ago...

A quarter of a century ago, Jesper Kirstein threw in the towel and became self-employed. Before that, he had a promising career in the financial sector, which ended abruptly after just seven months as chief executive of Alm. Brand Bank. What began as a one-man business in the copying room at a friend's office, has now grown into the advisory and consultancy house Kirstein A/S and asset manager Spektrum.

Why Denmark's ATP is shaking up its business

The Danish pension fund ATP is primarily known for managing close to DKK 768 billion (EUR 103 billion) on behalf of every employee in Denmark. But along the way, ATP has acquired a long list of public and private administrative tasks. ATP CEO Christian Hyldahl has now undertaken an extensive restructuring so the fund can manage those tasks better. Changes include the dismissal of a key ATP executive after 20 years of service.

Related articles

amwatch trialbanner.jpg

Latest news

Jobs

See all

See all

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch