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Winners of Gulleggið 2023

13 February 2023 - Landsbankinn

The business idea Better Sex won the innovation competition of Klak - Icelandic Startups, Gulleggið 2023. Better Sex is a streaming service for adults that shares professional and interesting knowledge about sex. Sigga Dögg and Sævar Eyjólfsson form the team behind the idea.

In second place was SoulTech, software designed to assist psychologists in patient treatment. The Soultech team is made up of Davíð Haraldsson, Stefán Ólafsson, Pétur Örn Jónsson, Bryndís Jóhannsdóttir and Hrefna Líf Ólafsdóttir.

StitchHero came in third. It’s a design software with an accessible user interface that translates design into usable knitting patterns. Þórey Rúnarsdóttir and Marta Schluneger are the team behind StitchHero.

PellisCol won the popular vote. PellisCol aims to develop high quality skin products from clean Icelandic collagen. Íris Björk Marteinsdóttir and Ívar Örn Marteinsson are the duo behind PellisCol.

To read more about the winning ideas and 10 best submissions to the competition, go to Gulleggið's website.

Sara Pálsdóttir, Managing Director of Community at Landsbankinn: “Innovation is and will be key to the future of Icelandic industry and our competitiveness. This is why we at Landsbankinn are so happy to support a creative initiative like Gulleggið. We emphasise being part of the innovation process through the entire cycle, from concept to financing and development, and as a trusted partner of successful long-term operation. Gulleggið plays an important role in this process, as evidenced by all these exciting projects.”

Klak - Icelandic Startups has hosted the annual Gulleggið competition as a platform for innovators in all fields to launch their ideas since 2008. Several projects who have participated throughout the years have gone on to be very successful, including Controlant, Meniga, PayAnalytics and Genki.

Over 100 ideas were submitted to the competition this year and the participants attended workshops, courses and received training in shaping their business ideas. Landsbankinn has been a key supporter of Gulleggið from the beginning.

More about Gulleggið

Productive meeting with the Icelandic Organization of the Visually Impaired

Lively discussion followed a well-attended meeting co-hosted by Landsbankinn and the Icelandic Organization of the Visually Impaired. The focus was on cybersecurity on the one hand and on access to self-service solutions on the other.

15 March 2023

Electronic ID in ecommerce

Electronic ID is now required in the confirmation process of payments made with payment cards on ecommerce platforms. Such payments were previously confirmed by entering a code texted to the customer’s phone.

14 March 2023

AB-Fasteignir receive Landsbankinn’s Sustainable Financing Label

AB-Fasteignir have received Landsbankinn’s Sustainable Financing Label for the production of renewable energy. Landsbankinn’s Sustainable Financing Label is awarded to businesses who meet the sustainability criteria of the Bank’s Sustainable Finance Framework and fulfil strict ESG requirements.

27 Feb. 2023

Landsbankinn launches acquiring service

Landsbankinn has launched its own merchant acquiring service. Merchants who bank with us can now concentrate all their payment service in one place, resulting in increased efficiency and a better overview of operations.

Stjórn Háskólasjóðs Eimskipafélags Íslands

27 Feb. 2023

Eimskip University Fund allocates ISK 127.5 million to grants

The Board of Directors of Eimskip University Fund (Ice. Háskólasjóður H/f Eimskipafélags Íslands) has announced its intention to allocate ISK 127.5 million to grants to doctoral students at the University of Iceland in 2023.

17 Feb. 2023

Landsbankinn changes interest rates

Following the interest rate decision, variable interest rates on non-indexed housing mortgages increase by 0.50 percentage points (pp), to 8.00%. Interest on savings accounts created in the app (Save in App) increase by 0.50 pp, to 6.00%.

8 Feb. 2023

Information for customers about ruling on terms of consumer loans

On Tuesday, 7 February 2023, the Reykjavík District Court ruled in a case concerning the terms that applied to interest rate changes in consumer loans from Landsbankinn. Following the adoption of a new Act on Consumer Loans in 2013, amendments were made to the terms and consumer loans taken out with Landsbankinn after that do not fall under the scope of the ruling.

27 Jan. 2023

Changed opening hours at Skagaströnd and improved banking service in Blönduós

Landsbankinn’s opening hours in Skagaströnd will change as of 30 January. The outlet will after that be open on Mondays, Wednesdays and Fridays from 12-15.

23 Jan. 2023

Landsbankinn Corporate Finance advisor to Alvotech in private placement

Earlier today, Alvotech announced the completion of a private placement in the equivalent amount of ISK 19.5 billion (USD 137 million). The shares were sold at a purchase price of ISK 1,650 per share (equivalent of USD 11,57 per share) to a group of domestic professional investors and eligible counterparties. The private placement was initiated on 19 January 2023 and completed on 22 January 2023. Closing and settlement is expected to take place on 10 February 2023. Alvotech intends to use the proceeds for general operations and other business purposes. Landsbankinn Corporate Finance and ACRO Securities acted as advisors to Alvotech in the private placement.

18 Jan. 2023

Changes to fixed rates on new housing mortgages

Fixed rates on new non-indexed 36-month housing mortgages increase by 0.25 percentage points (pp) and fixed rates on new non-indexed 60-month housing mortgages by 0.10 pp. The changes enter into effect as at 19 January. These changes apply to new housing mortgages only and do not impact existing loans.

Winners of Gul­legg­ið 2023