# Kortio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kortio

- Industry: Financial Services
- Headquarters: Stockholm, Sweden
- Website: www.kortio.se
- Latest round: Seed (Jun 1, 2014)
- Investors on record: 1

## About

Kortio AB is a Swedish company that specializes in providing a comprehensive online platform for comparing credit cards, helping consumers make informed financial decisions based on their unique needs.Founded in 2014, Kortio AB operates from Stockholm, Sweden, offering a platform for users to compare various credit card options. The company has undergone no business strategy pivots and does not have any known subsidiaries. Kortio was founded by individuals whose history is not publicly documented. The company raised seed funding from NFT Ventures and other unspecified investors in June 2014, marking its investment target.Kortio specializes in comparing credit cards available in Sweden, offering users an online tool to evaluate over 160 credit card options. Consumers can assess cards based on criteria like annual fees, interest rates, and rewards programs, facilitating tailored financial decisions. The platform primarily serves everyday consumers and frequent travelers seeking various benefits, with a focus on domestic financial services within the Swedish market.In the most recent year of 2023, Kortio reported a revenue of USD 1.28 mn and an EBITDA of USD 1.00 mn. The company generates income primarily through affiliate marketing, earning commissions when users apply for credit cards through its platform, establishing a performance-based revenue model.Kortio plans to enhance its offerings by developing new products aimed at expanding its credit card comparison tools. The company is exploring opportunities to enter new markets beyond Sweden, though specific regions have not been disclosed. The seed funding raised in June 2014 is intended to support these growth initiatives and product developments.

## Funding rounds

- Seed, Jun 1, 2014 — NFT Ventures

## Investors

- NFT Ventures (https://capitalatlas.ai/funds/nft-ventures) — Seed