Saxo Bank - About the company
Saxo Bank is an acquired company based in Copenhagen (Denmark), founded in 1992 by Lars Seier Christensen, Kim Fournais, Mark Anthony Hauschildt and Kim Fournais. It operates as a Provider of online trading platforms for stocks bonds and derivatives. Saxo Bank has raised $549M in funding from investors like General Atlantic, Banco Espirito Santo and ES Consultancy (Singapore) Ltd, with last known valuation of $*****. The company has 336 active competitors, including 27 funded and 25 that have exited. Its top competitors include companies like Raise, Uala and Capital.
Company Details
Provider of online trading platforms for stocks bonds and derivatives. These platforms facilitate access to financial markets for the execution of trades across various asset classes including equities, exchange traded funds, mutual funds, and fixed income securities. Users manage portfolios through digital interfaces that support margin trading and provide tools for market analysis. The infrastructure enables the integration of third party analytical software and provides access to research materials for informed decision making. Account structures accommodate individual, joint, and corporate entities for the purpose of managing investment activities.
- Website
- www.home.saxo/
- Email ID
- *****@saxobank.com
- Phone Number
- +45 **********
Key Metrics
Founded Year
1992
Location
Copenhagen, Denmark
Stage
Acquired
Total Funding
$549M in 12 rounds
Latest Funding Round
Last Known Valuation
$***** as on Mar 10, 2025
Investors
Ranked
1st among 336 active competitors
Annual Revenue
$500M - $1B as on Dec 31, 2024
Employee Count
2,061 as on Jul 31, 2026
Investment & Acquisitions
Exit Details
Acquired by J. Safra Sarasin (Mar 10, 2025)
Legal entities associated with Saxo Bank
Saxo Bank is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Saxo Bank A/S CIN: 15731249 , Denmark, Active | Jan 03, 1992 | $500M - $1B (As on Dec 31, 2024) | 2353 (As on Jun 30, 2024) | |
SAXO INDIA PRIVATE LIMITED CIN: U72900DL2003PTC120602 , India, Active | May 29, 2003 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
Saxo Holding AG CIN: 169.337.088 , Switzerland, Active | Feb 07, 2025 | - | - | - |
SAXO HOLDING ApS CIN: 32658946 , Denmark, Active | Dec 14, 2009 | - | - | |
SAXO GROUP INDIA PRIVATE LIMITED CIN: U72900HR2018FTC072533 , India, Active | Feb 10, 2018 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 1054 (As on May 01, 2026) |
Saxo Bank's acquisition details
Saxo Bank got acquired by J. Safra Sarasin on Mar 10, 2025 at an acquisition amount of $*****.
Click here to take a look at Saxo Bank's acquisition in detail
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Saxo Bank's funding and investors
Saxo Bank has raised a total funding of $549M over 12 rounds. Its first funding round was on Mar 29, 2001. Saxo Bank has 8 institutional investors.
Here is the list of recent funding rounds of Saxo Bank:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 01, 2019 | 6429873 | Series G | 9170305 | 7252316 | 7004472 | 6120773 |
2018 | 1336 | Series F | 8480 | 9132 | 4027 | 8167 |
Apr 17, 2015 | 9145369 | Series F | 5401024 | 2506199 | 1202163 | 4744013 |
View details of Saxo Bank's funding rounds and investors
Saxo Bank's founders and board of directors
Founder? Claim ProfileThe founders of Saxo Bank are Lars Seier Christensen, Kim Fournais, Mark Anthony Hauschildt and Kim Fournais. Kim Fournais, Kim Fournais, Søren Kyhl and Adam Reynolds are the CEOs of Saxo Bank.
Here are the details of Saxo Bank's key team members:
- Lars Seier Christensen: Former Co-Founder & Co-CEO of Saxo Bank and founder of 2 other companies, Ronday and Concordium. They are also an angel investor in 1 startup.
- Kim Fournais: Founder & CEO of Saxo Bank and founder of 1 other company.
- Mark Anthony Hauschildt: Co-Founder of Saxo Bank and founder of 1 other company.
- Kim Fournais: Founder & CEO of Saxo Bank.
- Charles White-Thomson: CEO of Saxo Bank.
Saxo Bank's Board of Directors
Saxo Bank's board has 11 active members. Soren Kyhl and John Carmichael are part of team and Anna Christina Brun-falkencrone, Minzhongxia Ding, Mads Dorf Petersen, Benny Boye Johansen, Amit Pal Singh, Quan Zhang, Eldert Duin, Jinhong Brejnholt and John Patrick Sture Lapvetelainen are independent board members.Here is the list of Saxo Bank's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
buqx{zx | Team | - | Past | 7y 9m |
vlnfhpz | Team | - | Current | 5y 4m |
szpj{bm | Team | - | Current | 8y 1m |
cjekjuv | Team | - | Past | 3y 3m |
Independent board member | - | Current | 1y 3m | |
nvlibwy | Independent board member | - | Current | 3y 2m |
fegfjaw | Independent board member | - | Current | 6y 8m |
cyasaca | Independent board member | - | Current | 4y 4m |
uoqouex | Independent board member | - | Current | 6y 3m |
epcezkb | Independent board member | - | Current | 7y 7m |
kmgqc{o | Independent board member | - | Current | 5y 7m |
isnkhme | Independent board member | - | Current | 8y 9m |
{ctpbto | Independent board member | - | Current | 9y 9m |
vlwtqrh | Independent board member | - | Past | 8y 9m |
View details of Saxo Bank's Founder profiles and Board Members
Saxo Bank's employee count trend
Saxo Bank has 2,061 employees as of Jul 26. Here is Saxo Bank's employee count trend over the years:
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Saxo Bank's Competitors and alternates
Top competitors of Saxo Bank include Raise, Uala and Capital. Here is the list of Top 10 competitors of Saxo Bank, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of online trading platforms for stocks bonds and derivatives | $549M | 78/100 | ||
2nd | Developer of financial service products and infrastructure for Indian residents | $146M | 80/100 | ||
3rd | Provider of NFC-enabled prepaid cards for consumers | $1.1B | 76/100 | ||
4th | Provider of online trading services for various financial market instruments | $25M | 69/100 | ||
5th | Appreciate 2019, Mumbai (India), Seed | Provider of an application for investing in stocks, ETFs, and funds | $5.69M | 69/100 | |
6th | Superannuation fund for individuals to invest in technological companies | $31.1M | 67/100 | ||
7th | Forex trading platform | $45.7M | 66/100 | ||
8th | ThinkMarkets 2010, London (United Kingdom), Series A | Trading platform for spread betting, CFDs and Forex trading | $10M | 65/100 | |
9th | Dukascopy 2016, Geneva (Switzerland), Unfunded | Online trading services provider | - | - | 61/100 |
10th | Dinari 2021, Los Altos (United States), Series A | Decentralized stock trading platform | $32.4M | 61/100 |
Looking for more details on Saxo Bank's competitors? Click here to see the top ones
Saxo Bank's Investments and acquisitions
Saxo Bank has a total of 1 investment in Leverate. Saxo Bank has not made any acquisitions as of now.Reports related to Saxo Bank
Here is the latest report on Saxo Bank's sector:
News related to Saxo Bank
Media has covered Saxo Bank for a total of 17 events in the last 1 year, 5 of them have been about company updates and 2 about people movement.
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J. Safra Sarasin Group to acquire remaining stake in Saxo BankAllAboutShipping•Jul 06, 2026•J. Safra Sarasin, Saxo Bank
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J. Safra Sarasin Group Acquires Majority Stake in Saxo Bank.Finance Magnates•Apr 14, 2026•Saxo Bank, J. Safra Sarasin
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J. Safra Sarasin Completes Acquisition of Stake in SaxoMarkets Media•Mar 02, 2026•J. Safra Sarasin, Saxo Bank, Saxo Bank, Mandatum and 1 other
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Saxo Bank Fined $49.7 Million by Danish FSA for AML WeaknessesFinance Magnates•Jan 26, 2026•Saxo Bank
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Trust Bank Singapore Partners with Saxo to Launch Fractional US Stock TradingFinance Magnates•Jan 20, 2026•Saxo Bank, Trust Bank
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Saxo Reaches DKK 1 Trillion in Client Assets Following Strong GrowthEuropaWire•Jan 07, 2026•Saxo Bank
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Saxo Bank Launches Standalone Margin Lending Accounts in SingaporeFinance Magnates•Dec 09, 2025•Saxo Bank
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