Lars-Åke Norling

Headlines · 1

1. Oct 16
   Stockholm's Matters raises $5M pre-seed to build an AI-native consumer bank

   Matters, a Stockholm startup building an AI-powered consumer bank, has emerged from stealth with $5 million in pre-seed funding led by Swedish angel investor Jakob Johansson. The company plans to charge a flat monthly fee for everyday banking alongside an AI adviser that helps customers spend more carefully and save more, while returning fees banks normally keep, such as card charges paid by shops and currency-exchange fees, to customers as cashback. Founder and CEO Per Österström, who started the company in April and earlier founded and sold Nordic loan broker Sambla, is joined by former Nordnet chief executive Lars-Åke Norling as chair; the money will go toward licence applications, EU expansion and growing its 14-person team, with a first consumer product promised in the coming weeks, though Matters has not said which licences it will seek or which countries it will enter first.

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