SAVR raises 40 MSEK

(Stockholm, a commission-free fund platform looking to revolutionize the world of savings): Has raised 40 MSEK in a funding round from existing investors. Early investors in SAVR include founding members Johan Siwers, Jacob de Geer, Andreas Grape, and Ash Pournouri alongside members Helena Palmgren, Krister Sundling, Sixten Eriksson and Jacob Rudbäck. “The capital is being used for the large stock trading platform we are fully building. We are approaching becoming a complete online broker and finally giving Avanza and Nordnet real competition across their entire business,” comments Daniel Aarenstrup, co-founder and CEO of SAVR.