Redefining the hospitality industry with seamless online venue booking experiences.
| Exit Year | Multiple | IRR |
|---|---|---|
| 2022 | x 1.4 | 24.4% |
| Buyer |
|---|
| TA Associates, Name 2 |
| Status | Founded | HQ |
|---|---|---|
| Active | 2015 | Denmark |
| Investment | Vertical | Theme |
|---|---|---|
| 2020 | RegTech | Future of Work |
| Co-Investors |
|---|
|
Name 1 Name 2 |
With regulatory frameworks like GDPR, KYC and AML the need for identity verification and secure handling of personal data is greater than ever.
NewBanking has a unique perspective on identity management, enabling users to control the distribution of personal data and creating a “one single truth” to avoid identity theft and fraud.
The team is combining extensive regulatory knowledge with technical skills to create a platform used by law firms, investment funds and banks.
Kenneth Grunow
Partner @ Scale Capital
NewBanking is changing the way data is shared by allowing companies to use their platform “Identity” to securely store and share information, prevent money laundering, and stay up to date with privacy regulations.
NewBanking is imagining a world where people can store all of their personal information in one central and secure location and be able to control who has access to this information. By using NewBanking’s platform, companies avoid the hassle of constantly collecting, storing, verifying, and managing access to information.
Redefining the hospitality industry with seamless online venue booking experiences.
© 2023 Scale capital
Locations · Copenhagen · Stockholm · silicon valley
© 2023 Scale capital
Copenhagen · Stockholm · silicon valley
