Osborne Clarke in Sweden has advised international venture capital fund, EQT Ventures on EQT VIII Fund and EQT Ventures’ joint acquisition of Banking Circle from Saxo Bank A/S and other minority owners.

Banking Circle provides a banking platform that enables online cross-border payments. Banking Circle has around 85 employees and is headquartered in Denmark, with offices in Denmark, Luxembourg and the UK.

Partner Mikael Moreira and Associate Kim Bergman from Osborne Clarke’s Stockholm office advised on the transaction.