CDON has historically been a subsidiary of the listed group Qliro Group (renamed Nelly Group) but was listed on the Nasdaq First North Growth Market with the first day of trading on November 6, 2020. The largest owners prior to the split were: Rite Ventures with approximately 25.8% ownership and Mandatum Life (Sampo) with 9.8%.

The 15 largest owners as of June 30, 2022.

Owners Capital & Votes
ADW Capital Management, LLC     24,7%
Rite Ventures  24,4%
Mandatum Life Insurance Company  9,7%
Bayberry Capital Partners Lp  7,5%
Far View Capital Management  3,9%
eQ Asset Management Oy  1,2%
Pengana Capital Group  0,9%
Lizard Investors LLC  0,9%
Kanen Wealth Management LLC 0,7%
Maryland State Retirement And Pension System  0,7%
Newtyn Management LLC  0,4%
Burgundy Asset Management  0,3%
Avanza Pension  0,3%
State Street Global Advisors 0,2%
CDON AB 0,2%
Total 15 largest owners 75,9%
Others 24,1%
Total 100,0%

Source: Modular Finance Monitor