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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.
Social
XFacebook
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
Ranked
Annual Revenue
$500M - $1B as on Dec 31, 2024
Employee Count
2,061 as on Jul 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by J. Safra Sarasin (Mar 10, 2025)

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:lockFilter 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
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Saxo Bank's founders and board of directors

Founder? Claim Profile
Here are the details of Saxo Bank's key team members:

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
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Team
-
Past
7y 9m
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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

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:
Employee count trend for Saxo Bank
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Saxo Bank
Saxo Bank
1992, Copenhagen (Denmark), Acquired
Provider of online trading platforms for stocks bonds and derivatives
$549M
78/100
2nd
Logo for Raise
Raise
2021, Mumbai (India), Series B
Developer of financial service products and infrastructure for Indian residents
$146M
80/100
3rd
Logo for Uala
Uala
2017, Buenos Aires (Argentina), Series F
Provider of NFC-enabled prepaid cards for consumers
$1.1B
76/100
4th
Logo for Capital
Capital
2016, Limassol (Cyprus), Acquired
Provider of online trading services for various financial market instruments
$25M
69/100
5th
Logo for Appreciate
Appreciate
2019, Mumbai (India), Seed
Provider of an application for investing in stocks, ETFs, and funds
$5.69M
69/100
6th
Logo for Spaceship
Spaceship
2016, Sydney (Australia), Acquired
Superannuation fund for individuals to invest in technological companies
$31.1M
67/100
7th
Logo for Orbex
Orbex
2011, Limassol (Cyprus), Series C
Forex trading platform
$45.7M
66/100
8th
Logo for ThinkMarkets
ThinkMarkets
2010, London (United Kingdom), Series A
Trading platform for spread betting, CFDs and Forex trading
$10M
65/100
9th
Logo for Dukascopy
Dukascopy
2016, Geneva (Switzerland), Unfunded
Online trading services provider
-
-
61/100
10th
Logo for Dinari
Dinari
2021, Los Altos (United States), Series A
Decentralized stock trading platform
$32.4M
61/100
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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

lockFilter this list
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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FAQs about Saxo Bank

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