FINANCE TECHNOLOGY AS
AN INNOVATIVE FINTECH HUB
Ensures companies cost savings and control over the company's overall mobile and PC park
OUR STORY
It all starts with an idea in 2016. Telenor has just launched Telenor SWAP, a financing model for smartphones for consumers. We thougt this concept was brilliant and it felt within our core competence. We decided to dive into this to gain the necessary expertise and understanding. A few weeks later it was a fact; Finance Technology AS was a new player in the market.
The sector was financing and subscription. We bought an IT development team in Portugal consisting of 4 people. The then Expert (now Power) and Spaceworld Soundgarden were pilots for the project. After several months of development, we launched the solution in April 2017.
All well and good, but we thought we needed to get more speed in the marketing work. We contacted a world-leading distributor of ICT products, Tech Data Cooperation. We presented our plans and ambitions where we in collaboration with will create a leading subscription platform. Tech Data Cooperation thougt our plans were exciting and the agreement was signed in January 2019.
We immediately started work on the development of the next version platform where Apple Europe and Klarna joined the collaboration. In April 2019, we launched in the UK where it was an immediate success. Several launches in Norway, Finland, Sweden and Denmark followed. Ambitions to launch in the rest of Europe were set out in Strategy 2024.
Tech Data Cooperation was sold to Apollo Global in the summer of 2020, where the latter was enthusiastic about the business model of Finance Technology. Finance Technology was sold entirely to Tech Data Cooperation in January 2021 for € 12.5M.
COMPANY DESCRIPTION
Finance Technology as started out in 2016 as a technology innovator in Norway evolving 2018 into an industry disruptor that has taken a leading role in the global industry. The company has expanded out of the Norway and Nordics to the UK and further on across Europe.
Finance Technology delivers pan-European subscription-based consumer finance solutions (SaaS) through retail resellers, carriers, and Apple Premium Resellers (APR) with strong European partners like world wide distributor Tech Data Cooperation, European buy-back company Corporate Mobile Recycling Inc., manufactor Apple Europe and European financing company Klarna.
The company have 11 sales programs live in UK, Norway, Finland and Denmark as well as several programs for launch in 2020/2021 across Europe.
Finance Technology is headquartered in Oslo, Norway with a technological development team in Porto, Portugal with 20 full-time employees, 15 of whom are developers.
State of the art SWAP technology platform
Since 2016, Finance Technology has developed a unique SWAP technology through FinTech Commercial Platform used by Power (NO), Power (FI), Apple Premium Partners such as Eplehuset (NO), Stormfront (UK), Albion (UK), Humac (DK) with many more.
ConceptoMed
ConceptoMed AS started out in 2012 and is today an ISO 13485 certified medtech company in strong growth serving the global market with innovative product categories and unique proprietary technology.
When the founder of ConceptoMed, MD Christian Mide, performed a joint puncture, with repeated disconnections of the syringe from a fixed needle placed inside a knee, he felt the need for a "break core" to facilitate disconnection, improve aseptic safety and reduce patient pain.
The medical need quickly became a potential product idea, and formed the basis for the Luer-Jack® technology and the establishment of ConceptoMed.
Today, ConceptoMed consists of a strong team of innovative and committed people with strong professional backgrounds and international experience located in Lofoten, Norway (HQ), Oslo, Norway and in Jönköping, Sweden.
ConceptoMed creates smart medtech systems that strengthen healthcare professionals and improve patient care. The company has slogan of “Excellence Through Simplicity!”.
COMPANY NAME
TCM AS
CVR no 913 046 927
COMPANY DESCRIPTION
As a Service concepts within ICT sector, ICT equipment and Financing- and Subscription models
SECTOR
Technology Services
WEBSITE
www.tcmanagment.no
INVESTMENT DATE
Q1 2018
EXIT DATE
TBD
BRAVE CAPITAL’S SHARE POSITION
34%
COMPANY NAME
ConceptoMed AS
CVR no 998 089 433
COMPANY DESCRIPTION
Next generation smart medtech systems for smart healthcare professionals and improve patient care. Excellence through simplicity is the code.
SECTOR
Healthcare
WEBSITE
www.conceptomed.com
ConceptoMed
ConceptoMed AS started out in 2012 and is today an ISO 13485 certified medtech company in strong growth serving the global market with innovative product categories and unique proprietary technology.
When the founder of ConceptoMed, MD Christian Mide, performed a joint puncture, with repeated disconnections of the syringe from a fixed needle placed inside a knee, he felt the need for a "break core" to facilitate disconnection, improve aseptic safety and reduce patient pain.
The medical need quickly became a potential product idea, and formed the basis for the Luer-Jack® technology and the establishment of ConceptoMed.
Today, ConceptoMed consists of a strong team of innovative and committed people with strong professional backgrounds and international experience located in Lofoten, Norway (HQ), Oslo, Norway and in Jönköping, Sweden.
ConceptoMed creates smart medtech systems that strengthen healthcare professionals and improve patient care. The company has slogan of “Excellence Through Simplicity!”.
COMPANY NAME
ConceptoMed AS
CVR no 998 089 433
COMPANY DESCRIPTION
Next generation smart medtech systems for smart healthcare professionals and improve patient care. Excellence through simplicity is the code.
SECTOR
Healthcare
WEBSITE
www.conceptomed.com
ConceptoMed
ConceptoMed AS started out in 2012 and is today an ISO 13485 certified medtech company in strong growth serving the global market with innovative product categories and unique proprietary technology.
When the founder of ConceptoMed, MD Christian Mide, performed a joint puncture, with repeated disconnections of the syringe from a fixed needle placed inside a knee, he felt the need for a "break core" to facilitate disconnection, improve aseptic safety and reduce patient pain.
The medical need quickly became a potential product idea, and formed the basis for the Luer-Jack® technology and the establishment of ConceptoMed.
Today, ConceptoMed consists of a strong team of innovative and committed people with strong professional backgrounds and international experience located in Lofoten, Norway (HQ), Oslo, Norway and in Jönköping, Sweden.
ConceptoMed creates smart medtech systems that strengthen healthcare professionals and improve patient care. The company has slogan of “Excellence Through Simplicity!”.
COMPANY NAME
ConceptoMed AS
CVR no 998 089 433
COMPANY DESCRIPTION
Next generation smart medtech systems for smart healthcare professionals and improve patient care. Excellence through simplicity is the code.
SECTOR
Healthcare
WEBSITE
www.conceptomed.com