Early-stage capital.
No bureaucracy.
Founder-first.
Early-stage capital.
No bureaucracy.
Founder-first.
We back technical teams building the next financial system, from the first cheque onwards.
We back technical teams building the next financial system, from the first cheque onwards.
● Fund II — now investing
Pre-seed & Seed
Copenhagen · Est. 2019
● Fund II — now investing
Pre-seed & Seed
Copenhagen · Est. 2019
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In Before It’s Obvious
We lead rounds before the metrics catch up. A sharp team and a real insight are enough.
One Meeting. One Answer.
No committees and no ten-call processes. Partners decide, usually within a week.
We've Sat in Your Seat
Our partners have built, scaled and sold companies. Support comes from experience, not slides.
Access, Not Advice
Introductions to the banks, regulators, co-investors and customers that actually move a company forward.
Where we invest
Where we invest
Four theses, each backed by years of operating experience.
Four theses, each backed by years of operating experience.
Payments
Payments
The rails behind how money moves are being rebuilt: faster, cheaper and borderless by default. We back teams replacing legacy infrastructure with systems designed for real-time, global commerce.
Think cross-border transfers, merchant acquiring, payouts and the orchestration layers that connect them.
Embedded Finance
Embedded Finance
Financial products are moving inside the software people already use every day. Lending, cards, accounts and insurance, delivered through a single integration rather than a separate bank.
We invest in the platforms and APIs that let any company become a financial services provider.
Digital Assets
Digital Assets
Value is increasingly issued, held and settled as code. We back the infrastructure that makes this safe for institutions: custody, settlement, tokenisation and compliance tooling.
We focus on picks and shovels, not speculation, built to the standards regulated markets demand.
Infrastructure
Infrastructure
Every modern finance company runs on systems most customers never see. Identity, fraud prevention, risk, data and compliance, working quietly and at scale.
We back the technical teams building these foundations, the layer everything else depends on.
Built for the long term
Patient capital, measured progress. We back fewer companies and stay with them longer — the numbers reflect that.
Built for the long term
Patient capital, measured progress. We back fewer companies and stay with them longer — the numbers reflect that.
With you from first cheque to exit.
We don’t write a cheque and disappear. Here’s how we work alongside founders at every stage of the journey.
Companies we back
Companies we back
Early teams building the core systems of modern finance.
Early teams building the core systems of modern finance.
Operators turned investors
Operators turned investors
A small partnership of former founders, engineers and finance leaders.
Former founder and payments operator. Backs technical teams rebuilding financial infrastructure.
Scaled two fintechs from seed to exit. Focuses on embedded finance and lending.
Previously in risk and compliance at a global bank. Leads digital assets and infrastructure.
Questions founders ask us
Can't find your answer? Get in touch and we'll reply.
We invest at pre-seed and seed, often as the first institutional cheque. We're comfortable backing teams before revenue if the insight is strong.
Initial tickets range from €250K to €2M, depending on stage and round size. We reserve capital to support our companies in later rounds.
Payments, embedded finance, digital assets and financial infrastructure — the core systems the next financial era will run on.
Usually within a week of the first call. One partner meeting, one clear answer.
We prefer to lead or co-lead, but we're flexible. What matters most is the team and the fit.
Yes. A significant part of each fund is reserved for follow-ons, so we can keep backing our companies as they grow.
Send your deck through our application form. A partner reads every submission and you'll hear back either way.
Questions founders ask us
Can't find your answer? Get in touch and we'll reply.
We invest at pre-seed and seed, often as the first institutional cheque. We're comfortable backing teams before revenue if the insight is strong.
Initial tickets range from €250K to €2M, depending on stage and round size. We reserve capital to support our companies in later rounds.
Payments, embedded finance, digital assets and financial infrastructure — the core systems the next financial era will run on.
Usually within a week of the first call. One partner meeting, one clear answer.
We prefer to lead or co-lead, but we're flexible. What matters most is the team and the fit.
Yes. A significant part of each fund is reserved for follow-ons, so we can keep backing our companies as they grow.
Send your deck through our application form. A partner reads every submission and you'll hear back either way.