NFT Ventures

NFT Ventures was a prominent Stockholm-based venture capital firm, established in 2014, with a dedicated focus on the burgeoning financial technology (fintech) sector across the Nordic region. Co-founded by Johan Lundberg and Simon Saneback, the firm quickly established itself as a key early-stage investor, primarily targeting seed and Series A rounds for innovative startups. Their investment thesis centered on identifying and nurturing companies poised to disrupt traditional financial services through technology.

During its active period, NFT Ventures successfully raised significant capital to deploy into its portfolio. Notably, the firm announced a $30 million fund in 2016, specifically earmarked for early-stage fintech ventures. This capital allowed them to build a substantial portfolio, which, according to Crunchbase, grew to include over 49 investments and resulted in 13 exits. Their investment strategy typically involved providing initial cheques ranging from €500,000 to €3 million, which translates approximately to $530,000 to $3.18 million, depending on the prevailing exchange rates at the time of investment.

Key companies within their past portfolio included notable names such as Lendify, Qapital, and Betalo, demonstrating their reach across various sub-sectors of fintech, from lending platforms to personal finance management apps. While NFT Ventures played a significant role in fostering the Nordic fintech ecosystem for several years, the firm is no longer actively making new investments. Its portfolio companies are now managed directly by the shareholders, marking a transition from an active investment entity to a portfolio management role for its existing holdings.