Saxo Bank Hits DKK 1 Trillion in Client Assets After Record Growth
Saxo Bank has reached a historic milestone, surpassing DKK 1 trillion in client assets. The Danish online investment platform, founded in 1992, also reported its strongest financial results ever in 2024. Under CEO Kim Fournais, the company has seen rapid growth, with client numbers now exceeding 1.5 million worldwide.
The latest figures mark a tenfold increase in client assets since May 2017. Saxo’s expansion reflects its position as a price leader in many markets, alongside a growing reputation for reliability. CEO and co-founder Kim Fournais, who retains around 28% ownership, credited the success to a thriving investment culture and the trust of clients and partners.
Saxo’s institutional business has expanded significantly, boosted by its banking-as-a-service (BaaS) solutions. Fournais emphasised the company’s commitment to delivering the best investment experience, which has helped attract a global client base. The platform now serves over 1.5 million users, with assets under management exceeding DKK 1 trillion.
Fournais expressed pride in the achievements, calling the results a testament to Saxo’s long-term strategy. The bank’s growth trajectory continues as it strengthens its position in both retail and institutional markets.
The record-breaking results confirm Saxo’s status as a major player in online trading and investment. With client assets now at DKK 1 trillion and a growing user base, the company remains focused on innovation and service quality. The 2024 financial performance sets a new benchmark for the business.
