Northmill Bank recognised by Financial Times as one of the fastest-growing companies in Europe

Northmill Bank, a leading Nordic digital challenger bank, has been recognised in the Financial Times FT1000 2026 ranking as one of the fastest-growing companies in Europe. Northmill is one of 20 Swedish companies on the list and is being recognised for the third time

For the tenth consecutive year Financial Times is recognising Europe’s fastest-growing companies in its FT1000 2026 list, compiled with research company Statista. The list ranks 1,000 European companies that achieved the highest compound annual growth rate in revenue between 2021 and 2024.

“Being recognised as one of Europe’s fastest-growing companies by Financial Times for the third time is yet another milestone in our journey. Our rapid growth is driven by the exceptional talent and dedication of our teams, combined with digital innovation and a world-class customer experience. As we look ahead, we remain focused on delivering sustainable growth and continuing to redefine the future of finance”, says Julie Chatterjee, CEO of Northmill Bank.

Profitable growth

Northmill Bank has been growing profitably for 19 consecutive years. Full-year results 2025 showed an all-time high result where earnings before tax increased by 56% for the full year 2025 compared to the previous year.

“To be included in the FT1000 list is a strong validation of our ability to grow responsibly with disciplined financial management. It reflects our scalable business model and our continued focus on sustainable growth while maintaining robust risk control and capital strength. We are now well set for further expansion in 2026 and beyond", says Emil Folkesson, CFO of Northmill Bank.

Towards a full-service bank for businesses and consumers

Northmill is delivering against its vision “Improve financial life” by offering flexible digital products and solutions combining the latest tech with a best-in-class customer experience.

Today the bank has a full-service offering for businesses, supporting them from set up to financing, lending and payment solutions.

The digital and user-friendly bank keeps getting outstanding satisfaction ratings among consumers, reflected in the growth of the consumer portfolio by 13% during 2025, while the market increased by 4%. The number of card customers continues to grow at a rapid pace, today exceeding 225,000. In 2025, Northmill Bank also expanded its consumer offering with the launch of a flexible and innovative mortgage product for the Swedish market, all in line with the ambition of becoming a full-service bank for consumers.

Contact information

Frida Almgren, PR, press@northmill.se, + 46 76 - 19 98 300

About Northmill Bank

Northmill Bank is a Nordic tech-fuelled digital challenger bank with the vision of improving people’s financial lives. With a full Swedish banking license, the bank offers financial services for both consumers and businesses. Northmill became the EU-based bank receiving the most awards at the Banking Tech Awards 2025 and has been ranked three times as one of Europe’s fastest-growing companies by the Financial Times. In Q4 2024, it became the first Swedish bank to complete a payment through the Swedish Riksbank’s new infrastructure for real-time account to account payments, RIX-INST. Northmill Group’s CEO Julie Chatterjee was one of only two executives from a Swedish bank invited to speak at the most recent annual FT Global Banking Summit in December. In October 2025, her peer-reviewed publication on AI in banking, was published in the Journal of Digital Banking. www.northmill.com/se/