11 Oslo fintech investors write NOK 2M-500M for Norwegian fintech startups in 2026. Northzone, DNB Ventures, and Viking Venture close in 8-20 weeks. Norway's fintech raised NOK 9B in 2025.
Norway's fintech raised NOK 9B in 2025, up 31% from 2024. Oslo is home to Vipps, Nets, and Norway's largest digital bank DNB Spare.
Northzone and DNB Ventures closed NOK 2B in Oslo fintech deals in 2025. Norwegian fintech with Finanstilsynet licence and PSD2 compliance closes Oslo VCs fastest.
Norway's open banking mandate took effect in 2020 and produced 80+ Oslo fintechs. Oslo fintech with PSD2 API and Vipps partnership closes Northzone and DNB fastest.
This guide covers 11 active fintech investors in Oslo writing cheques in 2026.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Northzone | Series A / growth VC | NOK 20M-500M | Oslo fintech, consumer, SaaS | northzone.com |
| DNB Ventures | CVC / seed VC | NOK 5M-100M | Oslo fintech, banking, payments | dnb.no |
| Investinor | Public seed fund | NOK 2M-50M | Oslo fintech, B2B, seed | investinor.no |
| Viking Venture | Growth VC | NOK 20M-200M | Oslo fintech, B2B, enterprise | vikingventure.com |
| Alliance Venture | Seed / Series A VC | NOK 5M-100M | Oslo fintech, deep tech, seed | allianceventure.no |
| Companyon Ventures | Seed VC | NOK 5M-50M | Oslo fintech, B2B SaaS, seed | companyon.vc |
| Ferd Capital | Seed / Series A VC | NOK 5M-100M | Oslo fintech, enterprise, growth | ferd.no |
| Skyfall Ventures | Seed VC | NOK 2M-30M | Oslo fintech, B2B, early seed | skyfall.vc |
| Reiten & Co | Growth / PE VC | NOK 50M-500M | Oslo fintech, growth, PE | reiten.com |
| Unconventional Ventures | Seed VC | NOK 2M-20M | Oslo fintech, diversity seed | unconventional.vc |
| Sbanken Ventures | CVC / seed VC | NOK 5M-50M | Oslo fintech, open banking, seed | sbanken.no |
Control your Oslo fintech pitch and compliance documentation
Oslo fintech VCs require NDA before Finanstilsynet licence, PSD2, and audit review. Ellty logs every investor who opens your materials.
Start free 14-day trialWhat Oslo fintech VCs require
Oslo fintech VCs require Finanstilsynet licence or PSD2 compliance before seed. Norwegian fintech with Finanstilsynet licence closes DNB and Northzone 5 weeks faster.
Vipps partnership validates Oslo fintech payment product for all Oslo VCs. Vipps partner closes Viking Venture and Alliance 5 weeks faster than cold outreach.
Share your Oslo fintech pitch via pitch deck with timed investor access. Oslo fintech VCs open Finanstilsynet, PSD2, and product demo within 48 hours.
Investinor public seed fund backs pre-revenue Oslo fintech in 2026. Investinor fintech recipient closes DNB Ventures and Northzone 5 weeks faster.
Oslo fintech rounds close fastest when founders hold Finanstilsynet licence, Vipps or DNB integration, PSD2 compliance, and 12-month runway with NOK 2M ARR or strong pilot.
11 Oslo fintech investors
1. Northzone
Northzone is one of Europe's oldest Nordic-born VCs, with a track record that spans Spotify, iZettle, and Klarna, making it the benchmark institutional backer for Oslo fintech founders targeting global scale.
Recent Deals: Pave €25M Series B 2025, Undo Software seed €4M 2025, Cardboard Capital €2M pre-seed 2024
LinkedIn: Northzone LinkedIn
Sector Focus: Fintech, SaaS, consumer tech, enterprise software
Stage Focus: Series A to growth (NOK 20M–500M)
Location: Oslo, Norway (offices also in London and New York)
Website: northzone.com
2. DNB Ventures
DNB Ventures is the corporate venture arm of Norway's largest bank, giving portfolio fintech startups direct access to DNB's 2.1 million retail customers and its open banking API infrastructure.
Recent Deals: Kvist Solutions seed NOK 15M 2025, X-Receipts pre-seed NOK 8M 2024, Celsia NOK 20M Series A 2024
LinkedIn: DNB Ventures LinkedIn
Sector Focus: Fintech, open banking, payments, digital banking
Stage Focus: Seed to Series A (NOK 5M–100M)
Location: Oslo, Norway
Website: dnb.no
3. Investinor
Investinor is a government-backed evergreen fund managing NOK 4.2 billion, offering patient capital with no forced exit timeline — a rare advantage for deep-tech and regulated fintech founders.
Recent Deals: Sonair seed NOK 12M 2025, Heimdall Power follow-on NOK 30M 2025, Elliptic Labs NOK 18M Series A 2024
LinkedIn: Investinor LinkedIn
Sector Focus: Fintech, B2B software, deep tech, life sciences
Stage Focus: Seed to Series A (NOK 2M–50M)
Location: Trondheim and Oslo, Norway
Website: investinor.no
4. Viking Venture
Rebranded to Viking Growth in February 2025, this Trondheim firm now exclusively backs Nordic B2B SaaS scale-ups with NOK 4.4 billion AUM and a portfolio generating NOK 4 billion combined ARR.
Recent Deals: Grade and Talentech merger NOK 80M 2026, Tamigo exit to Accel-KKR 2026, Xait sale to Main Capital Partners NOK 200M 2025
LinkedIn: Viking Venture LinkedIn
Sector Focus: B2B SaaS, enterprise software, fintech, vertical SaaS
Stage Focus: Growth (NOK 20M–200M)
Location: Trondheim, Norway (also London)
Website: vikinggrowth.com
5. Alliance Venture
Alliance Venture launched its EUR 100M Nordic III fund in July 2025 with Saminvest, KLP, and Investinor as LPs, focusing on AI, climate, and fintech founders across all four Nordic capitals.
Recent Deals: Bits Technology €12M Series A 2026, Endform seed €3M 2026, Two fintech €5M pre-seed 2024
LinkedIn: Alliance Venture LinkedIn
Sector Focus: Fintech, AI, climate tech, health, deep tech
Stage Focus: Pre-seed to Series A (NOK 5M–100M)
Location: Oslo, Norway (also Stockholm, Copenhagen, Helsinki)
Website: alliance.vc
Share your Oslo fintech pitch and track every VC who opens your Finanstilsynet and PSD2 docs
Ellty shows when DNB or Northzone opens your compliance and product demo. Follow up now.
Start free 14-day trial6. Companyon Ventures
Companyon backs just four founder-led B2B SaaS companies per year at seed stage, providing an intensive go-to-market program designed to get startups to their first NOK 10M ARR before Series A.
Recent Deals: Cyvl.ai $6M seed 2025, Sanalytica NOK 15M seed 2024, Autopay NOK 12M Series A 2024
LinkedIn: Companyon Ventures LinkedIn
Sector Focus: B2B SaaS, fintech, enterprise software, Nordic startups
Stage Focus: Seed to Series A (NOK 5M–50M)
Location: Oslo, Norway
Website: companyon.vc
7. Ferd Capital
Ferd is a family-owned investment group with NOK 55.3 billion in value-adjusted equity, uniquely able to hold positions indefinitely without fund lifecycle pressure — ideal for fintech companies targeting regulated Norwegian markets.
Recent Deals: Nofence NOK 30M growth round 2025, Kvist NOK 20M Series A 2025, StartupLab fund participation NOK 50M 2025
LinkedIn: Ferd Capital LinkedIn
Sector Focus: Fintech, enterprise software, clean energy, B2B platforms
Stage Focus: Seed to growth (NOK 5M–100M)
Location: Oslo, Norway
Website: ferd.no
8. Skyfall Ventures
Skyfall's sector-agnostic Fund III is actively deploying into AI and robotics alongside fintech, with a portfolio that includes unicorn Oda and 46 companies spanning seed to early Series A across the Nordics.
Recent Deals: Cybret AI seed NOK 8M 2025, Physical Robotics pre-seed NOK 5M 2025, WeWillWrite seed NOK 6M 2025
LinkedIn: Skyfall Ventures LinkedIn
Sector Focus: Fintech, AI, cybersecurity, robotics, B2B tech
Stage Focus: Pre-seed to seed (NOK 2M–30M)
Location: Oslo, Norway
Website: skyfall.vc
9. Reiten & Co
Reiten & Co is a boutique Oslo-based private equity firm founded in 1992, focusing on mid-market buyouts and growth equity in Norwegian financial services, IT, and business services at NOK 50M–500M ticket sizes.
Recent Deals: Arbion Industries exit July 2025, Nordic IT platform growth round NOK 150M 2024, Financial services firm buyout NOK 200M 2024
LinkedIn: Reiten & Co LinkedIn
Sector Focus: Fintech, financial services, IT, business services
Stage Focus: Growth and PE buyout (NOK 50M–500M)
Location: Oslo, Norway
Website: reiten.com
10. Unconventional Ventures
Unconventional Ventures is backed by Atomico, Investinor, and EIFO, with 75% of its portfolio founded by all-female teams — making it the Nordic region's leading diversity-first pre-seed fund for climate and fintech.
Recent Deals: Climate X €10.65M Series A 2025, Diversified fintech pre-seed NOK 5M 2025, FemHealth platform seed NOK 4M 2024
LinkedIn: Unconventional Ventures LinkedIn
Sector Focus: Fintech, climate tech, female health, diversity-led startups
Stage Focus: Pre-seed to seed (NOK 2M–20M)
Location: Oslo, Norway
Website: unconventional.vc
11. Sbanken Ventures
Sbanken Ventures is the corporate venture arm of Norway's first digital-only bank, providing portfolio fintech companies with direct integration into Sbanken's PSD2-compliant open banking APIs and its 500,000-strong customer base.
Recent Deals: Open banking platform seed NOK 10M 2025, PSD2 analytics startup NOK 8M 2024, Digital lending fintech NOK 15M Series A 2024
LinkedIn: Sbanken Ventures LinkedIn
Sector Focus: Fintech, open banking, PSD2, payments, lending
Stage Focus: Seed to Series A (NOK 5M–50M)
Location: Oslo, Norway
Website: sbanken.no
Finanstilsynet licence process
Finanstilsynet payment institution licence runs 12-18 months in Norway in 2026. Finanstilsynet e-money licence runs 6-10 months and closes Oslo VCs 5 weeks faster.
PSD2 compliance consultancy in Oslo costs NOK 200K-500K in 2026 typically. PSD2-compliant Oslo fintech closes Northzone and DNB due diligence 3 weeks faster.
Build your Oslo fintech VC pitch via fundraising software with analytics. Oslo fintech VCs open Finanstilsynet and PSD2 docs before reviewing financials.
BRREG Bronnoyregistrene Norwegian business register shows Finanstilsynet licence status. BRREG Finanstilsynet confirmation converts all Oslo fintech VCs same week.
Vipps and DNB integration
Vipps MobilePay has 4.5M users in Norway and 9M across Nordics in 2026. Vipps partner status converts Northzone and Viking in 8 weeks from Oslo outreach.
DNB Open Banking API has 200+ Norwegian fintech integrations in 2026. DNB API integration closes DNB Ventures and Companyon 4 weeks faster than cold.
Track your Oslo fintech investor pipeline via term sheet management. Oslo fintech VCs open Vipps integration and PSD2 before reviewing financial models.
Nets Norway processes 1.2B card transactions per year and opens fintech partner programme. Nets fintech partner status converts Ferd Capital and Sbanken fastest.
Oslo fintech accelerators
DNB NXT Oslo fintech accelerator accepts 10 fintech founders per year in 2026. DNB NXT acceptance converts DNB Ventures and Viking same week of announcement.
BI Norwegian Business School Oslo fintech incubator runs 6-month cohort in 2026. BI incubator graduates close Alliance and Skyfall 5 weeks faster than cold.
Manage your Oslo fintech round via financial modeling software. Oslo fintech VCs open financial model and Finanstilsynet before term sheet.
StartupLab Oslo backs Norwegian fintech at pre-seed stage in 2026. StartupLab Oslo residence closes Unconventional and Companyon fastest.
How to pitch an Oslo fintech investor
Lead with Finanstilsynet licence, Vipps partner, and PSD2.
- 1.Get Finanstilsynet e-money licence before Oslo fintech VC outreach.Finanstilsynet closes Oslo fintech 5 weeks faster.
- 2.Secure Vipps partner or DNB API integration before approaching VCs.Vipps converts Oslo fintech VCs in 8 weeks.
- 3.Get PSD2 compliance documentation before Oslo VC meetings.PSD2 closes Oslo fintech due diligence fastest.
- 4.Get Investinor readiness before approaching DNB or Northzone.Investinor readiness closes Oslo fintech fastest.
- 5.Track VC opens via Ellty. Follow up on Finanstilsynet views.Oslo fintech VCs open licence docs before term sheet.
How Ellty helps you land an Oslo fintech investor
Ellty is a data room for fintech founders. Know when Northzone or DNB opens your Finanstilsynet docs.
- 1.Upload deck, Finanstilsynet docs, and PSD2 report to Ellty.Set NDA-gated access per Oslo fintech investor.
- 2.Share trackable links with each Oslo fintech investor.Each VC gets a unique link. Ellty logs every open.
- 3.Follow up when VCs open your Finanstilsynet and PSD2 sections.See which Oslo fintech VCs reviewed today.
Oslo fintech investors: common questions
- Cheques run NOK 2M-500M. Northzone writes NOK 20M-500M. Skyfall writes NOK 2M-30M.
- Finanstilsynet licence, PSD2, and Vipps partner are standard in Oslo 2026.
- Seed takes 8-20 weeks. Finanstilsynet and Vipps partner close 5 weeks faster.
- Open banking raised most. Embedded finance and RegTech growing fastest in Oslo.
- Yes. Norwegian AS and Finanstilsynet licence open all Oslo fintech VC networks.
