Danish fintech fund Upfin joins the international FinTech Collective

Mazanti Transactions has advised in connection with FinTech Collective’s takeover of Upfin. The collaboration is expected to further strengthen the fund and create new opportunities for the fintech ecosystem in Denmark and across the Nordics. 

Upfin was founded in 2022 as Denmark’s first dedicated venture fund with a clear focus on early-stage fintech companies. Behind the fund are The Danish Export and Investment Fund (EIFO), Velliv, and Finansforbundet as institutional Limited Partners, working closely with Copenhagen Fintech, and collectively raising DKK 225 million. The fund’s strategic focus will now continue under the management of the international venture capital fund FinTech Collective, which will serve as the future management base for the LP group behind Upfin.

Founded in 2012, FinTech Collective operates internationally with offices in New York and London.

The new partnership is grounded in the shared values and complementary strengths of FinTech Collective, EIFO, Velliv, and Finansforbundet, and marks a significant milestone in FinTech Collective’s ongoing expansion into Europe, reinforcing its commitment to investing in financial services.

Mazanti Transactions has been involved in all legal aspects of the takeover.

Read more here.