When was Saxo Bank founded?

Saxo Bank was founded in 1992 and raised its 1st funding round 9 years after it was founded.

Where is Saxo Bank located?

Saxo Bank is headquartered in Copenhagen, Denmark.

Who is the current CEO of Saxo Bank?

Lars Seier Christensen, Kim Fournais, Kim Fournais, Charles White-Thomson and Adam Reynolds s of Saxo Bank. Lars Seier Christensen has also founded 2 companies and is an angel investors in 1 startup.

Which legal entities is Saxo Bank associated with?

Saxo Bank is associated with Saxo Bank A/S and 4 others.

How many employees does Saxo Bank have?

As of Aug 31, 2026, the latest employee count at Saxo Bank is 2088.

Is Saxo Bank a funded company?

Saxo Bank is a funded company, having raised a total of $549M across 12 funding rounds to date. The company's 1st funding round was a $***** Unattributed round, raised on Mar 29, 2001.

How much is Saxo Bank worth?

The last known valuation of Saxo Bank was $***** as of Mar 10, 2025.

When was the latest funding round of Saxo Bank?

Saxo Bank's latest funding was a $***** Series G round on Oct 01, 2019, with participation from 0 investor. Its primary sector is Investment Tech. In Denmark, the Investment Tech sector has seen $68.1M in funding in 2026 to date.

What is the annual revenue of Saxo Bank?

Annual revenue of Saxo Bank is between $500M and $1B as on Dec 31, 2024

Where does Saxo Bank rank among its competitors?

Saxo Bank ranks 5th amongst 1555 active competitors, of which 105 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Ajaib, which secured $270M in Aug, 2026.

Who are the top competitors of Saxo Bank?

Saxo Bank's top competitors include Robinhood, Groww and Public. Among them, Ajaib secured the most recent funding round in August, 2026.

Saxo Bank - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is Saxo Bank an acquired company?

Saxo Bank got acquired by J. Safra Sarasin on Mar 10, 2025.

Saxo Bank is an acquired company based in Copenhagen (Denmark), founded in 1992 by Lars Seier Christensen, Mark Anthony Hauschildt, Kim Fournais 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 1555 active competitors, including 105 funded and 110 that have exited. Its top competitors include companies like Robinhood, Groww and Public.

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/
Social
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

Series G, Oct 01, 2019, $*****

Last Known Valuation

$***** as on Mar 10, 2025

Investors

General Atlantic & 7 more

Ranked

5^th among 1555 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2024

Employee Count

2,088 as on Aug 31, 2026

Investment & Acquisitions

BinckBank & 1 more

Similar Companies

Raise & 1021 more

Exit Details

Acquired by J. Safra Sarasin (Mar 10, 2025)

View Saxo Bank's full profile

Saxo Bank is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Saxo Holding AG CIN: 169.337.088 , Switzerland, Active	Feb 07, 2025	-	-	-
SAXO HOLDING ApS CIN: 32658946 , Denmark, Active	Dec 14, 2009	-	-
SAXO INDIA PRIVATE LIMITED CIN: U72900DL2003PTC120602 , India, Active	May 29, 2003	0 - ₹10 Cr (As on Mar 31, 2025)	-
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 A/S CIN: 15731249 , Denmark, Active	Jan 03, 1992	$500M - $1B (As on Dec 31, 2024)	2353 (As on Jun 30, 2024)

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

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	1816861	Series G	6154413	8707947	2861112	7282853
2018	4420	Series F	2901	7851	4757	3065
Apr 17, 2015	8897327	Series F	7699057	7735728	1928338	6513283

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View details of Saxo Bank's funding rounds and investors

The founders of Saxo Bank are Lars Seier Christensen, Mark Anthony Hauschildt, Kim Fournais 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.
Mark Anthony Hauschildt: Co-Founder of Saxo Bank and founder of 1 other company.
Kim Fournais: Founder & CEO 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. John Carmichael and Soren Kyhl are part of team and Minzhongxia Ding, Anna Christina Brun-falkencrone, 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
lxesrbr	Team	-	Past	5y 1m
xopgfuc	Team	-	Current	6y 8m
ghlssvd	Team	-	Current	6y 9m
xjljwol	Team	-	Past	6y 9m
Minzhongxia Ding	Independent board member	-	Current	1y 5m
pfxytda	Independent board member	-	Current	3y 5m
ddtslcs	Independent board member	-	Current	3y 2m
ugjitfv	Independent board member	-	Current	3y 6m
gtwepdz	Independent board member	-	Current	8y 1m
y{bvoaw	Independent board member	-	Current	3y 3m
{lcczy{	Independent board member	-	Current	8y 2m
ipdbexi	Independent board member	-	Current	4y 2m
yangxhd	Independent board member	-	Current	6y 6m
dsnqkfu	Independent board member	-	Past	1y 9m

View details of Saxo Bank's Founder profiles and Board Members

Saxo Bank's employee count trend

Saxo Bank has 2,088 employees as of Aug 26. Here is Saxo Bank's employee count trend over the years:

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Top competitors of Saxo Bank include Robinhood, Groww and Public. 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	Robinhood 2013, Menlo Park (United States), Public	Broker-based online trading and investment platform	$5.73B	DST Global, Sequoia Capital & 153 others	89/100
2nd	Groww 2016, Bengaluru (India), Public	Provider of digital brokerage services for stocks and mutual funds	$596M	Ribbit Capital, Kairos & 25 others	88/100
3rd	Public 2019, New York City (United States), Series D	Multi-asset investment platform for individuals	$421M	Accel, Greycroft & 58 others	80/100
4th	Freetrade 2015, London (United Kingdom), Acquired	App-based stock market trading platform	$165M	Left Lane Capital, PMT Ventures & 79 others	79/100
5th	Saxo Bank 1992, Copenhagen (Denmark), Acquired	Provider of online trading platforms for stocks bonds and derivatives	$549M	General Atlantic, Bumble Ventures & 6 others	78/100
6th	Wealthsimple 2014, Toronto (Canada), Series F	Provider of financial services including investing, trading, saving, and borrowing	$1.29B	Power financial, Meritech & 39 others	77/100
7th	Ajaib 2018, West Jakarta (Indonesia), Series C	Online investing platform for stocks and mutual funds	$515M	SBVA, DST Global & 13 others	77/100
8th	Upstox 2009, Mumbai (India), Series C	Broker-based online trading and investment platform	$220M	Tiger Global Management, Kalaari Capital ... & 23 others	77/100
9th	Raise 2021, Mumbai (India), Series B	Developer of financial service products and infrastructure for Indian residents	$146M	Hornbill Capital, Beenext & 72 others	77/100
10th	Scalable Capital 2014, Munich (Germany), Series F	Provider of a digital investment and brokerage platform	$550M	HV Capital, BlackRock & 14 others	77/100