Dreams – along with Klarna and Anyfin – were the only Swedish companies included on the fifth annual Fintech100 report, a compilation of leading companies from 36 countries in the field of fintech innovations.
One of the world’s largest accounting firms – KPMG – along with Australian venture capital firm H2 Ventures publishes an annual list of the world’s top fintech companies. Dreams was listed as one of the report’s Emerging 50 firms, which highlights newer companies at the forefront of innovative financial technologies and practices.
“Dreams is the new way to save and invest. We have already designed a method that helps our users save more money than they otherwise do, and this is only the beginning. We have a number of new projects underway, including an exciting investment offering that will make it even easier for our users to fulfill their dreams,” explains Henrik Rosvall, CEO at Dreams.
Johan Hemminger, COO and Dreams’ co-founder, states, “Our method has transformed how an entire generation views and approaches bank services. We intend to continue exceeding expectations and raising the bar on what people anticipate from a financial service. The days when banks could earn money by ignoring the needs of their customers are over.”
Since launching, Dreams has established itself as the leading savings platform in Sweden and Norway. The number of users increases at a rate of 10 percent every month, while the total amount users have saved so far is approaching 100 million euros. In an A-round series of financing in early 2018, the company received 67 million SEK (approx. 6.5 million euros), to which existing partners The Bank of Åland and Storebrand Bank contributed.
“There is a reason you can now create savings goals at many banks, but it is not down to the fact that these banks are driven by a spirit of innovation,” Henrik Rosvall declares.
Founded in 2013 in Sweden, Dreams is a rapidly expanding Fintech company. Offering savings and investment services to retail clients, our platform is particularly focused on serving millennials. By developing a unique user-friendly mobile application platform, the Dreams’ differentiator is in our application of behavioural science and mental accounting techniques – combined with a premium focus on customer experience and insights captured through social media and focus groups. Dreams has a proven track record in Sweden (live since 2016) and Norway (live since 2018), and we continue to experience exponential growth in both territories. Current figures boast 300,000 registered users. In 2018, Dreams was named a Rising Star as part of the KPMG Fintech 100 Awards.