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Radar · Financial Services in Norway

Best Financial Services Companies in Norway

The 237 best Financial Services companies in Norway in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Axactor.

237companies tracked
$208.2Mdisclosed funding
0unicorns
9have raised

Norway's Financial Services sector runs deeper than its funding headlines suggest. This directory tracks 237 companies with $208M in total disclosed funding, and the top of that stack is telling: Axactor leads at $101M, Empower New Energy follows at $74M, and Insr sits at $15M. No unicorns here, but the capital concentration is real. The global market these firms are competing within is forecast to reach $88.7B by 2030, growing at a 9.9% CAGR, and regulatory compliance is shaping which players can actually scale.

So what does momentum look like on the ground? Across 2,216 financial services apps globally, median install growth is running at roughly +23% YoY, which tells you that user acquisition is still very much in motion. Coverage of earnings reports and quarterly financials is rising too, meaning analysts and investors are watching this space with more scrutiny than before. I'd point you to the investor side as a signal: Investinor, Abler Nordic, and Finstart are the active names backing Norwegian fintechs, and regulatory missteps carry real consequences for firms that don't keep compliance front and center. The fundamentals here are earnest, if not flashy.

Ranked: Best Financial Services companies in Norway

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackRecent signals
1Axactor
Debt collection and purchase services
$101M76 mo agoLate Stage—2015Azure Front DoorAzureLazySizes+11—
2Empower New Energy
Infrastructure fund focused on renewable energy investments
$74M42 mo agoSeries ATerje Osmundsen
Co-Founder & CEO
2017Wix eCommerceWixSentry+121 partnership
3Insr
Diversified insurance carrier firm
$15M112 mo agoLate Stage—2009——
4Saga Pure
Investment management firm
$12M9 mo agoPublicEspen Lundaas
CEO
2010SanityNode.jsReact+6—
5Folio
Provider of accounting and financial services
$5M47 mo agoSeedDag Olav Norem
CEO
2018Apple iCloud MailGoogle WorkspaceGoogle Cloud+151 job opening
6Harvest Funds
Diversified asset management firm
$903K129 mo agoSeed—2012——
7Pareto Bank
Commercial bank
—33 mo agoPublicTiril Villum
CEO
2007Cart FunctionalityCraft CMSPHP+221 job opening · 1 partnership
8Formue
Wealth management firm
—63 mo agoSeedOystein Bo
CEO
2000WordPressApple iCloud MailMicrosoft 365+35—

Top 11 Financial Services companies in Norway

#1
Public · Oslo, Oslo · founded 2010
$12Mraised
▾

Investment management firm

Funding rounds
  • Aug 2025Post IPO$12M
Founders & team
Espen LundaasCEO
Investors
Tycoon Industrier
#2
Series A · Oslo, Oslo · founded 2017
$74Mraised
▾

Infrastructure fund focused on renewable energy investments

LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers — 16.3% of this cohort's audience
Activity: 1 partnerships (incl. Nigeria and Norway) announced in 12 mo
Funding rounds
  • Dec 2022Series A$74M
  • Apr 2020Grant (prize money)$760K
Founders & team
Terje OsmundsenCo-Founder & CEOSusie CookCo-Founder & CIO
Investors
African Development Bank Group, Climate Fund Managers, Janeiro Energy, Norfund, ICFA
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGsapHstsHttp/3
#3
Late Stage · Oslo, Oslo · founded 2015 · 1096 employees
$101Mraised
▾

Debt collection and purchase services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 4.0% of this cohort's audience
Funding rounds
  • Feb 2020Post IPO$56M
  • May 2016Post IPO$45M
Tech stack
AzureAzure Front DoorCloudflareCloudflare Bot ManagementCookie InformationHcaptcha
#4
Seed · Oslo, Oslo · founded 2018 · 13 employees
$5Mraised
▾

Provider of accounting and financial services

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.4% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Fullio
Activity: 1 partnerships (incl. Boox AS) announced in 12 mo
Funding rounds
  • Jun 2022Seed$5M
Founders & team
Dag Olav NoremCEO
Investors
Fiken AS, Sparebanken Vest
Tech stack
AngularApolloApple Icloud MailCookiebotCore-JsEmotion
#5
Late Stage · Oslo, Oslo · founded 2009 · 37 employees
$15.3Mraised
▾

Diversified insurance carrier firm

Funding rounds
  • Feb 2017Post IPO$15.3M
Tech stack
Cart FunctionalitySquarespace CommerceSquarespaceStimulusPriority HintsGoogle Font Api
#6
Seed · Oslo, Oslo · founded 2012 · 12 employees
$903.1Kraised
▾

Developer of an equity fund management platform designed to provide smart portfolio services based on predetermined investment criteria. The company's platform includes various fund management services, by combining human market insight and experience with new technology they offer systematic investment options, enabling investors to get investment opportunities in a simple, safe and reasonable price.

Funding rounds
  • Sep 2015Seed$903.1K
Investors
Investinor, Finstart
#7
Public · Oslo, Oslo · founded 2007
—raised
▾

Commercial bank

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 4.4% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public)
Activity: 1 partnerships (incl. Eiendomsdagen) announced in 12 mo
Funding rounds
  • Aug 2023Post IPO—
Founders & team
Tiril VillumCEO
Tech stack
Alpine.JsAmazon S3Amazon Web ServicesBootstrapCart FunctionalityCloudflare
#8
Seed · Oslo, Oslo · founded 2000 · 42 employees
—raised
▾

Wealth management firm

LinkedIn Pulse recent public activity · Jul 2026
Audience: 17k LinkedIn followers — 24.6% of this cohort's audience
Funding rounds
  • Feb 2021Seed—
Founders & team
Oystein BoCEO
Investors
ICG, IK Partners
Tech stack
Apple Icloud MailAzureBootstrapCakephpCalendlyCloudflare
#9
Public · Oslo, Oslo · founded 1996 · 1543 employees
—raised
▾

In 2020, the company recorded annual revenues of $481 M and a net profit of $2 B.

Founders & team
Rune FjeldstadCEO & MDTurid GrotmollCEO
Tech stack
Amazon CloudfrontAmazon Web ServicesApache Http ServerApple Icloud MailBootstrapCloudflare
#10
Deadpooled · Oslo, Oslo · founded 2010 · 8 employees
—raised
▾

Diversified investment management firm

Funding rounds
  • 2017Series A—
Founders & team
Thomas LarsenCo-Founder & COOHaken JevneCo-Founder & CTO
Investors
Schibsted Media Group, Investinor, StartupLab
Tech stack
WordpressMysqlPhpBootstrapRankmath SeoUnderscore.Js
#11
Acquired · Rorvik, Trondelag · founded 1976 · 112 employees
—raised
▾

Developer of AI-powered gait analysis and biofeedback systems for neurological patients. These systems utilize wearable sensors and algorithms to analyze walking patterns, providing real-time feedback to improve mobility and prevent falls. The technology generates automatic reports and offers direct vibrotactile biofeedback to patients. Applications include clinical trials and personalized therapy. The systems are designed to enhance mobility and independence for individuals with neurological disorders.

Investors
Herkules Capital
Tech stack
Typo3 CmsPhpNginxOpen Graph

Funding & investor landscape

$208.2Mtotal disclosed funding
6companies funded
8disclosed rounds
0rounds last 90 days
Most active investors
TheFactory4 rounds
Abler Nordic2 rounds
Finstart2 rounds
Investinor2 rounds
African Development Bank Group1 rounds
Antler1 rounds
Climate Fund Managers1 rounds
Fiken AS1 rounds
Herkules Capital1 rounds
ICFA1 rounds

Notable founders

Espen Lundaas
CEO · Saga Pure
Terje Osmundsen
Co-Founder & CEO · Empower New Energy
Susie Cook
Co-Founder & CIO · Empower New Energy
Dag Olav Norem
CEO · Folio
Tiril Villum
CEO · Pareto Bank
Oystein Bo
CEO · Formue
Rune Fjeldstad
CEO & MD · SpareBank 1
Turid Grotmoll
CEO · SpareBank 1
Thomas Larsen
Co-Founder & COO · Fronteer Solutions
Haken Jevne
Co-Founder & CTO · Fronteer Solutions
Prism market signals · Norway · country-scoped Prism corpus, 819,391 docs

Market landscape — 10 sub-themes by coverage

Share of Financial Services coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Financial Services companies are there in Norway?
Radar tracks 237 indexable Financial Services companies headquartered in Norway that meet our profile-completeness bar.
What is the total funding raised by Financial Services companies in Norway?
The Financial Services companies in Norway on this list have raised a combined $208.2M in disclosed equity funding across 6 funded companies.
Which is the highest-funded Financial Services company in Norway?
Axactor is the highest-funded Financial Services company in Norway, with $101M in disclosed equity funding.
How many Financial Services companies in Norway are funded?
6 of the 237 Financial Services companies in Norway on this list have disclosed at least one equity funding round.
How many Financial Services unicorns are there in Norway?
None of the Financial Services companies in Norway on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Norway Financial Services companies?
The most active investors in Norway Financial Services companies on this list include TheFactory, Abler Nordic, Finstart, Investinor, African Development Bank Group.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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