May 14, 2025

Pinecone Welcomes Tine Wollebekk as Partner

We’re proud to welcome Tine Wollebekk as a Partner at Pinecone. Her appointment strengthens our financial services expertise and enhances our ability to identify and support high-potential fintech and related ventures.

About Tine Wollebekk

Tine brings over 20 years of executive leadership in banking, financial services, and digital transformation. She is known for driving growth, navigating complex markets, and creating shareholder value.

Most recently, Tine served as CEO of Avida Finans AB (2022–2024), where she led operational improvements and business transformation through challenging market conditions. Prior to that, as Group CEO of Bank Norwegian and Norwegian Finance Holding (2017–2021), she oversaw the bank’s expansion across Nordic markets, growing the customer base from 1M to 1.8M and increasing its loan book by 40% to €3.7B.

Previously, at Telenor ASA (2012–2017), she served as SVP Global Head of Financial Services, developing financial strategies across 13 markets in Europe and Asia, reaching 20M+ customers and managing €4B+ in annual transactions. She also spent over a decade as CEO of SEB Kort Norway, building it into a Nordic payments leader with €20B+ in annual transaction volume, while also serving as SEB’s Country Manager in Norway (2007–2010).

Board Experience

Tine currently serves on the boards of Axian Financial Services and Aars AS, and previously held board roles at:

Gjensidige ASA (2014–2017): €3.5B in annual premiums

Ekornes AS (2017–2019): Global furniture manufacturer

MøllerGruppen AS (2011–2015): Major automotive importer

• Financial institutions across Europe and Asia (e.g., Tameer Micro Finance Bank, Telenor Banka)

IDEA Foundation (2011–2021): Supporting African entrepreneurship

She has helped drive €500M+ in combined revenue growth through digital transformation and strategic initiatives.

Professional Expertise

Tine’s core competencies align perfectly with Pinecone’s mission:

Executive Leadership in high-growth and complex organizations

Digital Transformation of traditional financial services

Mobile Payments & Fintech Innovation across global markets

Strategic Growth & Expansion through organic and M&A routes

Corporate Governance across regulated industries

Board Leadership with international oversight experience

She holds an MSc in International Business from Copenhagen Business School and has completed executive education at IESE, Harvard Business School, INSEAD, and IMD.

A Word from Our Founder

“We are thrilled to welcome Tine to Pinecone,” said Founder and Director Alvin Dammann Leer. “Her leadership, deep industry insight, and board experience will be a tremendous asset to our portfolio and our investors.”

For press inquiries or to connect with Tine, please contact Camilla Andersson at camilla@pineconeimpact.com.

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