Foto: Jörgen Skjelsbæk/Shifter
Fintech-founders Stian Davidsen and Per Nestor Warp met their dream investor at the beginning of February. Two weeks later agreed on 13 MNOK in a private placement with Peter Thomsen as the lead investor.
Shifter visited our office in Nydalen and met CEO Per Nestor Warp, Stian Davidsen and investor Peter Tang Thomsen.
What was it that made you get interested in Axeptia?
– They do something that I have a very good knowledge of. They build SaaS solutions, it is ‘business-to-business’ and has international potential. That is three key factors I look for when I invest, says Peter Thomsen.
We are enthusiastic about the fact that Peter has joined the team. Danish Peter Tang Thomsen himself has a successful entrepreneurial career behind him. In 1997, he founded Consignor, which creates software for shipping solutions. In 2020, he sold 70 percent of the company to the American PE fund Francisco Partners for NOK 1.5 billion. Consignor was also a success right up to the sale.
Axeptia has developed a SaaS solution that provides customers with the full overview and monitoring over the credit to cash process.
Axeptia solves the problem of connecting the necessary data that businesses need to efficiently manage their credit portfolio. Data and insights that businesses otherwise would need to aggregate and connect from multiple data sources, both internal and external.
Key values for using Axeptia are:
– The potential to reduce outstanding accounts receivables
– Free up working capital and improve liquidity
– Having all relevant and updated data for best credit decisions, in one place.
Axeptia’s solution integrates and presents data in just a few hours instead of months and years. Recently, the solution has become available in Danske Bank’s new financial platform District, as the first-ever third-party.
Read the story about the launch with Danske Bank in Shifter
A huge milestone for both parties.
The fact that Axeptia now will become available to more than 300,000 corporate customers in Danske Bank’s banking platform District, means that Per Nestor Warp expects a real boost for the company’s MRR figures.
– For software companies, SaaS is a fantastic invention. It solves a problem that has existed for all years. Most people think that developing software is expensive, but it is not. It is to sell what is expensive, and to buy it, says Peter Thomsen and continues:
But once the cost of the first purchase has been clarified, a relationship arises between customer and supplier that both earn from year after year. Then you can update software, service agreements, including the customer in the feedback loop, and deliver ever-increasing value to the customer, who does not have to spend time looking for another supplier.”
Blommenholm Industrier, Møsbu AS, AS Bjørn Invest, and Chrisanic, all existing investors followed up in this round together with the new investor Peter Thomsen.