Arion acquires 51% of Igloo in $670k funding round
Arion Bank, the owner and principal backer of Startup Reykjavik has Leiguskjól in Iceland), a fintech company that participated in Startup Reykjavik. After the transaction, Arion holds 51% of the company shares. The two companies have also entered into a partnership agreement.
“Our vision at Igloo for the future of