Kameo is a digital marketplace that uses the crowdfunding model to secure loans from individuals and corporations. A Stockholm-based startup with another office in Oslo, this fintech company provides alternative funding to small businesses and property developers.
Kameo’s co-founder and CEO, Sebastian Martens Harung, says that by including more people (and fewer banks or other intermediaries) in the process of financing, the financial markets are improved.
Born in Norway, Sebastian set up the company in Sweden and the startup has already climbed up to be amongst the top 20 most innovative startups in the Nordic region.
Kameo is based in Stockholm but has ambitions to transform itself into a pan-European crowdfunding company.
Earlier in 2019, DN reported that brokerage house ABG Sundal Collier became the major shareholder in the public financing company through a strategic investment.
“Kameo is growing fast, and we are seeing strong interest from both small and medium-sized businesses that need credit and investors who are looking for attractive investment opportunities,” Harung told DN. “With ABG Sundal Collier as our largest shareholder and partner, we are ready to take the next step and develop the business into a truly Nordic platform.”