NORDICTECH LTD

What NORDICTECH LTD does

NORDICTECH LTD is a UK-registered private limited company (Company Number 16096643) headquartered at 128 City Road, London, that operates the NordicWorkers invoicing platform. The platform functions as an intermediary service enabling freelancers, consultants, entrepreneurs, and hobbyists to invoice clients internationally without forming their own company in their country of residence. Its core product is a web-based invoice management application (app.nordicworkers.com) that supports online registration, invoice creation and dispatch via email attachments, and payment tracking. The platform integrates with Wise (formerly TransferWise) for payment processing, operating its own Wise EU bank account to receive EUR payments and disburse funds to invoice senders within 12-24 hours, with payouts restricted to EUR currency.

The business model is a pure transaction-fee take rate. The company charges 3% per invoice for payouts routed through Wise bank accounts (with 12-hour processing) and 4% per invoice for payouts to any other bank of the user's choice. There are no subscription fees, registration fees, or hidden charges; the fee is deducted from the invoice amount before payout. The primary customer segments are Nordic citizens (Swedish, Danish, Finnish, Norwegian) living outside the Nordic countries and remote-working across borders, plus a secondary segment of independent freelancers and hobbyists needing lightweight international invoicing infrastructure. Geographic eligibility is limited to freelancers with legal right to work in their country of residence, currently covering the UK and the four Nordic countries.

Go-to-market is exclusively self-serve and digital. Users register on the web app, create invoices online, and reach support via WhatsApp. Marketing channels are limited to the company website, a Facebook page, and WhatsApp outreach. There is no sales force, no channel partners, no mobile app, no API, no disclosed funding, no disclosed headcount, and no named customers or partnerships beyond the core Wise integration. The company is privately held with no disclosed ownership structure.

Name

NORDICTECH LTD

Legal name

NORDICTECH LTD

Website

https://nordicworkers.com

Company type

Private

Founded year

2024

Operating status

Operating

Short description

NORDICTECH LTD operates the NordicWorkers platform, a UK-registered intermediary that lets Nordic and UK-based freelancers and remote workers issue international invoices and receive cross-border EUR payouts through Wise at a 3% transaction fee.

Ownership category

akta.pro rank

Product category

Freelancer Invoicing Platform

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Office Administrative Services (5611)

SIC

Services-Help Supply Services (7363), Services-Employment Agencies (7361), Services-Prepackaged Software (7372)

akta.pro primary industry

Contractor of Record (COR) / Global Contractor Management (BPACAHAE)

akta.pro secondary industries

Global Contractor Engagement & Cross-Border Payments (BPACAGAI), Contractor / Freelancer Payments (FSAMAKAC), International Payroll & Contractor Payments (FSAMAIAC)

Keywords

• Freelancer invoicing platform
• International invoice management
• Cross-border payouts
• Remote work invoicing
• Wise bank payment processing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Operations, Technology or R&D, Marketing or Sales, Personnel

Revenue model

1. Invoice Transaction Fees: Percentage-based fee charged on each invoice processed through the platform. Fee is deducted from the invoice amount before payment to the freelancer. No registration or subscription fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

NORDICTECH LTD, through its NordicWorkers platform, acts as an intermediary invoice issuer that enables freelancers, consultants, and remote workers to invoice international clients without forming their own company. The platform allows users to create and send invoices, receive EUR payments into NORDICTECH's Wise EU bank account, and receive payouts (at 3% or 4% fee) to their personal bank within 12-24 hours.

Product overview

NordicWorkers operates as a unified invoice management platform under NORDICTECH LTD, a UK-registered company. The core product is the NordicWorkers Invoice Management Platform, which provides end-to-end invoicing services for freelancers and remote workers. The platform offers two service tiers: a 3% fee service with Wise bank payouts (12-hour processing) and a 4% fee service with any bank payout option. Users access the platform via the NordicWorkers Web Application to create, send, and track invoices, with payments processed through NORDICTECH LTD's Wise EU bank account.

Differentiator

Problem solved

Functional benefit

Products and services

• NordicWorkers Invoice Management Platform A cloud-based invoice management platform that enables freelancers, consultants, and remote workers to create, send, and manage invoices for international clients without forming their own company. Acts as an intermediary invoice issuer, processing EUR payments through NORDICTECH LTD's Wise EU bank account and paying out to users' specified bank accounts. Targeted at Nordic citizens living abroad and other international freelancers.
• NordicWorkers Web Application User-facing self-serve web application (app.nordicworkers.com) for account registration, invoice creation, invoice sending via email attachments, payment tracking, and payout management. Allows users to register and create their first invoice in minutes.

Quantifiable outcome

• Keep 97% of earnings (3% fee)
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature3 records

Partnerships

One partnership is on record.

• WisecoreTechnology or IntegrationWise (formerly TransferWise) is integrated as the banking partner. NORDICTECH LTD operates its own Wise EU bank account for processing invoice payments. Payments are made to users' specified bank accounts via Wise, enabling fast international transfers with favorable exchange rates. The 3% fee plan specifically uses Wise for payment processing.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Wise: Core banking/transfer partner of NordicWorkers and the rails behind its 3% tier. Wise also serves freelancers directly with multi-currency accounts, making it both an enabler and an adjacent competitor.
• Fiverr Workspace: Freelancer-oriented tools (formerly AND CO) offering invoicing, contracts, and time tracking for independent workers. Comparable as a freelancer-invoicing solution though it operates as part of Fiverr's broader marketplace.
• Stripe: Global payments infrastructure including Stripe Invoicing, Atlas, and multi-currency payouts used by freelancers and platforms. Adjacent competitor to NordicWorkers' invoice-creation and payout capabilities, with far broader scale.

Direct peers

• Payoneer: Cross-border payments platform widely used by freelancers and contractors to receive international invoices and payouts. Targets the same freelance-invoicing pain point with a comparable transactional fee model.
• Deel: Global EOR and contractor management platform enabling international hiring and payments. Directly comparable to NordicWorkers as both act as intermediaries for contractor engagements and cross-border payouts, though Deel operates at much greater scale and feature breadth.
• Oyster HR: Global EOR and contractor management platform focused on compliant hiring and paying international talent. Directly comparable to NordicWorkers' contractor engagement and cross-border payout use case.
• Multiplier: EOR/COR platform offering international contractor engagement and invoicing services across 150+ countries. Closely comparable to NordicWorkers' value proposition of simplifying cross-border freelancer payments and contracts.
• Remote: Global EOR and contractor-of-record platform providing international payroll, compliance, and contractor payments. Directly competes for the same freelance-invoicing use case NordicWorkers addresses for Nordic citizens abroad.

Emerging players

• Bonsai: Freelancer business management suite including invoicing, contracts, and tax tools. Comparable as a freelancer-focused invoicing platform, though it targets primarily US-based independents rather than Nordic remote workers.

Others

• Riviera Partners: Executive search firm for technology companies. Not a direct competitor but relevant as part of the broader HR/staffing ecosystem NordicWorkers operates within, particularly for talent placement adjacent to contractor engagement.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/nordicworkersofficial

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NORDICTECH LTD