The Danish challenger Kompasbank receives a banking license

A new Danish challenger bank has received a banking license for small and medium-sized enterprises (SMEs).

Michael Hurup Anderson, Kompasbank

Kompasbank differs from the competition with its “new digital infrastructure”. It is said that users can “use modern digital tools to capture and process data much more efficiently”.

The bank was founded in 2018 by Michael Hurup Anderson, a veteran of Saxo Bank and Deloitte. He is supported by …

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