Finland

Finnish Payments Firm Enfuce Raises €7 Million in Funding Round Led by Tencent

Nordic-based card issuing and payment processing services provider Enfuce has raised €7 million in Series B funding led by Tencent who had invested €5 million in the company. Meanwhile, Enfuce’s prior investors Maki.vc invested the other €2 million, bringing the

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ePassi Acquires 2 Key Players to Cement Its Nordic Position for Employee Benefits

ePassi Payments, a Finnish mobile payment solution for employee benefits, has entered an agreement to acquire Sodexo Benefits and Rewards Services’ (BRS) business in Nordics, including Sodexo Pass Sweden and the Finnish company Eazybreak. Bregal Milestone remains the majority shareholder

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Finnish Proptech CHAOS Raises €1.5 Million in Funding Round Led by Nidoco

Finnish proptech platform CHAOS has announced the successful closure of a €1.5 million funding round led by sustainability-focused Swedish investment firm Nidoco. Angel investors Kai Keituri, Tapio Heikkilä, and Stefan Lindberg had also participated in the funding round. The investment

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Svea Finland Ties up With Nordic API Gateway to Boost E-Commerce Checkout

Payments service provider Svea and Nordic API Gateway, Denmark’s open banking platform, signed a new partnership that is set to boost e-commerce checkout for a wide range of merchants in Finland through the latter’s platform. The open banking platform is currently

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Nordic Countries Emerge as Front-Runners in Open Banking Adoption

The Nordic countries are placing themselves at the forefront of the open banking movement. In Denmark, Finland, Norway and Sweden, traditional financial institutions and fintechs are rapidly embracing the trend which they perceive as a major opportunity for their businesses,

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Nets’ Subsidiary Inks Agreement to Acquire Checkout Finland

Paytrail, Nets Group’s subsidiary and Finnish online payment provider, has signed an agreement to acquire its competitor Checkout Finland from OP Financial Group. The acquisition supports Nets’ European e-commerce ambitions and further strengthens its presence in Finland. Checkout Finland, part

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Finnish Wealthtech Rundit Raises €1 Million in Seed Funding

Finland-based startup Rundit, a platform for portfolio management and monitoring, has raised € 1 million in seed funding. The round was led by two new angel investors, including Pierre Weimerskirch, board member of several PE and VC funds and the

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Finland Billboards Now Double as Disinfectant Terminals for Mobile Phones

Nordic health company Terveystalo has turned billboards into disinfectant terminals that can supposedly clean a phone in only 15 seconds with UVC light. The billboards are located in Helsinki and Turku in southern Finland. There is a small hatch in

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The 20 Biggest Fintech Startups and Companies in Finland in 2020

Fintech Farm Helsinki came up with an updated listing of the largest fintech companies in Finland based on the recently published 2019 figures. They have now divided the companies into 3 different top 20 listings, which are startups founded since

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The 9 Hottest Fintech, Insurtech and Proptech Startups in Finland

Over the past years, Finland’s fintech industry has been growing rapidly. Today, the nation is home to roughly 160 fintech companies covering a wide range of areas including payments, cryptocurrencies, blockchain, insurance, security and compliance, APIs and platforms, data and

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