Swedbank Robur has led a funding round for savings app developer Qapital, whose existing shareholders include Anthemis Exponential Ventures.

Sweden-based mobile bank operator Qapital has raised Skr250m ($29.8m) in a round led by Ny Teknik, a subsidiary of financial services firm Swedbank’s asset management arm, Robur, Di Digital reported on Monday.

The round also included financial services firm SEB’s Pension Fund as well as investment managers Norron Asset Management and Athanase Industrial Partner.

Qapital has developed a mobile banking offering that provides checking and savings accounts. Users are encouraged to save money toward specific goals by setting up rules that…

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