Meniga's History
The financial technology company Meniga was founded in 2009 by the pioneers Georgi Lúðvíksson, Ásgeir Erni Ásgeirsson and Viggó Ásgeirsson. From the beginning, the founders' ideal was to build an international company that aims to help people manage their home finances and make them simpler and more fun, using the latest technology in software development.
Meniga's first customer was the Bank of Iceland (Íslandsbanki) and the solution was launched in collaboration with the bank in the founding year of Meniga 2009 and subsequently in collaboration with Arion Bank and Landsbankinn at the beginning of 2010. Meniga was very well received in Iceland from the very beginning and has enjoyed great goodwill ever since.
In the spring of 2010, the Icelandic investment fund Frumtak invested in Meniga, which enabled the company to open a sales office in Stockholm. As a result, Meniga was able to sell its software to two medium-sized Scandinavian banks, Skandiabanken in Norway and Sweden and Säästöpankkilitto in Finland in 2011. As a result, Meniga grew rapidly in Europe.
At the beginning of 2014, Meniga moved its sales and marketing operations to London, the financial center in Europe, and in January 2016, the company's headquarters were relocated to the United Kingdom. At the beginning of 2019, Meniga acquired the Swedish financial technology company Wrapp and thus became a leader in the sale and marketing of rebate offers in the Nordic countries.
Meniga operates offices in 3 countries. The company has about 80 employees in the Tower in Kópavogur, Warsaw, and London. Meniga's software has been implemented by over 165 financial institutions and is accessible to over 90 million people in more than 30 countries. Clients include many of the world's largest banks, including Unicredit, Swedbank, BPCE, Santander, Commerzbank, ING Direct and Intesa Sanpaolo.
Today, Meniga is a leader in the development and sale of home finance software and a new generation of software for online and mobile banking financial institutions around the world. More than 90% of the company's income comes from abroad. Meniga's software has received numerous awards and recognitions in Iceland and abroad.
Meniga has enjoyed the loyal support of investors, but the company's largest shareholders as well as the founders are the Icelandic investment funds Frumtak and Kjölfesta, the Dutch investment fund Velocity and the Swedish investment fund Industrifonden.
Meniga's greatest fortune and the biggest key to the company's success, however, is human resources, but Meniga has always attracted excellent staff.
