Festina Finance, a Copenhagen-based provider of cloud-native technology platforms for pensions, life insurance and financial planning, has secured a €25+ million growth investment from Birchway Capital.
The deal, announced on 17 June 2026, values the company at approximately €200 million. Festina Finance said the funding will be used to further develop its life and pension platform, expand its team and support international growth, with the UK identified as a key strategic market.
The company builds modular software used by pension funds, life insurers, banks, wealth managers and financial advisers to modernise core operations. Its existing shareholder Netcompany will retain a 22% stake following the transaction.
The investment comes as pension and life insurance providers across Europe face growing pressure to replace legacy systems with newer cloud-based infrastructure.
The deal, announced on 17 June 2026, values the company at approximately €200 million. Festina Finance said the funding will be used to further develop its life and pension platform, expand its team and support international growth, with the UK identified as a key strategic market.
The company builds modular software used by pension funds, life insurers, banks, wealth managers and financial advisers to modernise core operations. Its existing shareholder Netcompany will retain a 22% stake following the transaction.
The investment comes as pension and life insurance providers across Europe face growing pressure to replace legacy systems with newer cloud-based infrastructure.