indó
Indo services is a mobile first technologically advanced neo-bank.
indó has raised €5.0M across 2 funding rounds from 1 investor, most recently a Seed round in Feb 2022. Based in Reykjavík, Iceland; founded 2018; active in Fintech. Data as of 28 Oct 2026.
Total raised
€5.0M
€4,957,088
Funding rounds
2
Investors
1
distinct backers
Active since
2020-03
latest 2022-02
Funding by year
EUR raised per yearindó — funding by year — interactive chart.
Data table
| indó — funding by year | |
|---|---|
| 2020 | €1.0M |
| 2022 | €4.0M |
Signals
Medium confidenceRaise-next likelihood10
base rate 44% for Seed
- ▼ Dormant (no round in 3+ cohort gaps)
- ▲ Up-round momentum
Exit likelihood8
base rate 11% (2+ rounds)
- ▲ 8y since founding (typical exit age)
- ▼ No recent equity round (debt-only or quiet)
Timing: dormant vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2022-02-16 | Seed | €4.0M | — | View deal → |
| 2020-03-29 | Seed | €1.0M | Iceland Venture Studio | View deal → |
Investors
1Related news
- Icelandic challenger indó emerges from stealthfinextra.com · 2022-02
- northstack.is
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