Festina Finance
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Founders
About
Festina Finance is a Copenhagen-based fintech company that builds cloud-native, modular technology platforms for pensions, life insurance, and financial planning 12. Founded in 2007 by Morten Schantz, the company operates in Denmark, the Netherlands, the UK, and Norway, and employs more than 200 people 13. Its platforms are used by customers responsible for approximately 10 million pension policies and 3 million banking customers across Europe 13.
On June 19, 2026, Festina Finance announced over €25 million in growth investment led by UK-based Birchway Capital, at a valuation of approximately €200 million 12345. Birchway Capital is a UK-based growth equity investor focused on B2B technology, fintech, and AI businesses 4. The capital will be used to continue developing the company’s life and pensions platform and to expand its UK presence 134.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-19 | Growth | €25M+ | Birchway Capital | Netcompany (existing) 12345 |
What Investors Say
No independently sourced investor quotes found at this time.
What Founders Say
Morten Schantz, founder of Festina Finance, said the investment enables acceleration of work to “scale our platform across Europe as demand for modern pensions infrastructure continues to grow.” 2
Schantz also stated: “The pensions and life insurance industry is undergoing a major technology transformation, driven by the need to replace legacy infrastructure with more modern, flexible platforms.” 3
On the company’s approach, Schantz said: “Our focus at Festina Finance has been on building cloud-native modular systems that allow providers to adapt more quickly, improve operational efficiency and deliver better outcomes for members without ever compromising resilience or control.” 5
Sources
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EU-Startups, “Copenhagen-based Festina Finance secures over €25 million to modernise pensions and life insurance platforms,” June 2026. Accessed June 2026. https://www.eu-startups.com/2026/06/copenhagen-based-festina-finance-secures-over-e25-million-to-modernise-pensions-and-life-insurance-platforms/↩↩↩↩↩↩
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ITBrief UK, “Festina Finance wins EUR 25 million growth backing,” June 19, 2026. Accessed June 2026. https://itbrief.co.uk/story/festina-finance-wins-eur-25-million-growth-backing↩↩↩↩
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BeBeez International, “Copenhagen-based Festina Finance secures over €25 million to modernise pensions and life insurance platforms,” June 19, 2026. Accessed June 2026. https://bebeez.eu/2026/06/19/copenhagen-based-festina-finance-secures-over-e25-million-to-modernise-pensions-and-life-insurance-platforms/↩↩↩↩↩↩
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FinTech Futures, “Festina Finance lands €25m to fuel UK expansion,” June 2026. Accessed July 2026. https://www.fintechfutures.com/venture-capital-funding/festina-finance-lands-25m↩↩↩↩
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Pulse 2.0, “Festina Finance Raises €25+ Million Growth Investment From Birchway Capital,” June 2026. Accessed July 2026. https://pulse2.com/festina-finance-raises-e25-million-growth-investment-from-birchway-capital/↩↩↩