Skilling raises €10 million from Scandinavian investors

CySEC licensed Retail FX, CFDs and crypto broker Skilling has announced that it has closed a capital raise of €10 million (USD $11.4 million) – its largest funding round to date. The new money makes it €15 million in capital raised by Skilling over the past 18 months.

Skilling raised the new funds from what it called “seasoned Scandinavian investors,” without providing any specific names (more on the company’s background and funding sources follows below).

The company added that latest financing was done at a valuation premium of “nearly 50%” to its valuation a year ago. Skilling said that the financing was done on the back of what it termed a record year, with triple-digit yearly increases in active users, trade volumes and revenues, although again the company didn’t provide any specific figures to back that up.

Skilling CEO Michael Kamerman commented,

“This fundraising round represents the beginning of the next phase of Skilling’s growth as we further assert ourselves in the fintech industry. We are pleased to have several forward-looking investors from various countries committed to contributing to Skilling’s long-term growth.”

Skilling said that it will deploy its fresh capital to accelerate the recruiting of top talent and further advance its proprietary trading tech to remain adaptive in the ever-changing world of investing and online trading. Along these lines, we exclusively reported back in November that the company was hiring former OANDA UK CEO David Hodge, who will be joining Skilling in Q1 (following mandatory garden leave post-OANDA) as Skilling’s new CMO.

The company’s vision is to offer simple but robust technology that allows customers to navigate their trading and investments throughout the customer’s financial life. This long-term vision with investments in a deep proprietary tech stack supported by some of the industry’s brightest talent will accelerate Skilling’s position within its current industry and beyond.

The capital raise comes after what management calls an exciting year for Skilling, as the company launched a number of products and services such as its introducing broker and affiliate program with a bespoke partnership portal adding functionality and transparency for partners, as well as the launch of the Skilling Copy platform, where customers can copy or follow thousands of trading strategies provided by other traders. In 2021, Skilling said it was one of the first brokers to offer trending products in light of the “meme trading” culture that captivated traders and the public throughout the year.

Skilling is somewhat of an interesting upstart in the Retail FX world. The broker was founded about 10 years ago by former Scandinavian partners in a company called Optimizer Invest – Henrik Persson Ekdahl, Mikael Harstad and Andre Lavold. The three hired former Google Sweden country director Anders Berglund as CEO in 2016, and Skilling formally launched as a CySEC-licensed entity in 2019. Mr. Berglund left around launch time, at which point Andre Lavold took over CEO duties, handing them over to former FXCM UK senior executive Michael Kamerman who joined Skilling about a year and a half ago.

Skilling is now managed from several locations including the southern Spanish resort town of Marbella where Mr. Kamerman is based, Cyprus, and London, where Mr. Hodge will head operations. It has been increasingly focused on “new age” products such as crypto trading and NFTs, recently adding trading in Fan Tokens.

17 Replies to “Skilling raises €10 million from Scandinavian investors”

  1. I don’t think the title of your article matches the content lol. Just kidding, mainly because I had some doubts after reading the article.

  2. Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

  3. Der höchstmöglich auszahlbare Betrag, der über diese Verde Casino Freispiele erhältlich
    ist, liegt ebenfalls bei 25 Euro. Über die
    gratis Freispiele können Sie Book of Sirens kennenlernen und haben sogar Chancen auf echte Gewinne im Verde Casino.
    Die Freispiele können meistens direkt nach der Gutschrift am Spielautomaten Book of Sirens von Spinomenal eingelöst werden.
    Sind diese Schritte erledigt, werden die Freispiele sofort gutgeschrieben. Das bedeutet, dass man sich ebenfalls zuerst registrieren muss, um die Verde
    Casino 50 Free Spins erhalten zu können.
    Jedes Set von Freispielen ist an bestimmte Spiele gebunden, darunter Titel wie Triple
    Chili und Big Bass Bonanza. Neben dem Willkommensangebot können Freispiele auch durch andere Aktionen erhalten werden, wie z.B.
    Die 50 Freispiele, die ich im Rahmen des Willkommensangebots erhalten habe, waren für Book of Sirens, ein Spielautomat mit interessanter Optik und fesselndem Gameplay.
    Beachten Sie jedoch, dass Gewinne aus Freispielen ohne Einzahlung den Umsatzbedingungen unterliegen. Es ist jedoch wichtig, die Bedingungen sorgfältig zu lesen, da die Wettanforderungen sowohl für die Bonusgelder als auch
    für Gewinne aus den Freispielen gelten.
    Die Mindesteinzahlung wurde bei allen Zahlungsmethoden auf 20 Euro festgesetzt.

    Das Zeitlimit zum Erfüllen der Umsatzbedingung beträgt
    fünf Tage und maximal kann lediglich der fünffache Betrag des erhaltenen Bonus ausgezahlt
    werden. Bei den ersten beiden Einzahlungen müssen mindestens 10 Euro, bei der dritten mindestens 20 Euro und bei der vierten mindestens 15 Euro eingezahlt
    werden, um die Bonusprämien zu erhalten. Die Verde Casino Freispiele können zum Beispiel lediglich bei dem vorgegebenen Spielautomaten eingelöst werden, während man mit dem Startguthaben etwas mehr Auswahl hat.

    Dies bedeutet selbstverständlich auch, dass man echtes Geld gewinnen kann.

    References:
    https://online-spielhallen.de/spinanga-casino-aktionscodes-ihr-schlussel-zu-mehr-spielspas/

  4. It’s a combination of sheer scale, some innovative features, and a strong embrace
    of modern payment methods that’s making players sit up and take notice.
    In a move that’s likely to please many Aussie players, Lucky Ones Casino is
    heavily leaning into cryptocurrency. This isn’t just a big number; it’s a testament
    to their commitment to variety, with titles sourced from more than 80
    different game providers from all corners of the globe.
    Lucky Ones Casino boasts an insane library, stocking
    over 9,500 individual games. Joint is hitting the ground running, aiming to grab the attention of Aussie players who love hitting the spin button. The Australian online casino
    scene just got a serious shake-up with the arrival of Lucky Ones Casino.

    Every title in our collection is powered by the most esteemed providers in the industry, ensuring not only cutting-edge technology
    but also a seamless, luxurious gameplay experience. Whether you’re a seasoned player or
    just starting, you’ll feel welcomed into an exclusive community where your experience is paramount.
    Customer support is available through live chat and email to assist with
    any account, payment, or technical issues.
    The casino accepts AUD, which cuts out any conversion hassle for local players.
    It adds a unique layer of community and entertainment that goes beyond
    traditional online slot play, making it a standout offering for those who enjoy that sort of interactive, social buzz.
    These are the games known for dropping some of the largest online wins
    ever recorded.
    This means the site follows all the rules for fair play, responsible gaming, and
    player protection — with regular audits to keep everything above board.🔐
    Safe as a Bank VaultFrom SSL encryption to secure payment gateways,
    Lucky Ones uses the same tech trusted by global banks.
    That’s why Lucky Ones Casino is fully licensed and
    operates under strict international standards, so you can focus on the fun while your data and
    money stay safe.🎓 Licensed & LegitLucky Ones is officially licensed by Curacao eGaming, one of the most recognised
    authorities in the online casino world. When it comes to online gambling, security isn’t optional — it’s everything.
    From small deposits to big withdrawals, top pokies to fast
    payouts — Lucky Ones really puts the player first.Still
    curious? That’s double the playtime and a whole lot more
    chances to win — right from the start.📋 How to claim it?

    References:
    https://blackcoin.co/cryptologic-casinos-trusted-gaming-software-since-1995/

  5. **mitolyn official**

    Mitolyn is a carefully developed, plant-based formula created to help support metabolic efficiency and encourage healthy, lasting weight management.

  6. Thank you for your sharing. I am worried that I lack creative ideas. It is your article that makes me full of hope. Thank you. But, I have a question, can you help me?

Leave a Reply

Your email address will not be published. Required fields are marked *