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Insider UK
Insider UK
Business
Peter A Walker

IKEA investment arm takes €9 million stake in DirectID

IKEA Ingka Investments fintech Edinburgh

Ingka Investments has made a €9m minority investment in DirectID.

The Edinburgh-based fintech firm provides data to optimise credit and risk decisions.

The funding should accelerate the market launch of new predictive models built from open banking data.

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