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Northmill Bank AB

Northmill is a Swedish bank with the vision to genuinely improve your finances.

Last updated September 1, 2026

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Overview

Northmill is a Swedish bank founded in 2006. It has helped approximately 5,000 companies and 245,000 private customers with banking solutions. The bank has been profitable every year since its founding.

History

Northmill was founded in 2006 and has been profitable every year since. In 2019, Northmill received a Swedish banking license. In 2021, it launched bank cards for private customers. In 2022, it acquired MoreFlo. In 2024, it launched a corporate bank and corporate loans up to 1 MSEK. In 2025, it launched corporate loans for larger companies. In 2026, it plans to launch a premium subscription for bank cards.

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