Sweden

Swedish Minna Technologies Bags €15.5 Million in Funding Round Joined by Visa

Swedish fintech startup Minna Technologies has raised €15.5 million (£14 million) during a Series B fundraising led by Element Ventures with support from MiddleGame Ventures, Nineyards Equity and Visa, to help retail banks enable their subscription management offering. The new

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Swedish Open Banking Platform Tink Raises Its Valuation to €680 Million

European open banking platform Tink announced it has raised €85 million during an investment round extension, following its €90 million investment round in January. This brings the total invested in Tink this year to €175 million. The investment round boosting

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Swedish Challenger Bank Rocker to Pilot Biometric Card in 2021

In collaboration with IDEMIA, an augmented identification provider, Swedish bank challenger Rocker plans to launch a pilot for debit cards with fingerprint ID as part of its strategy to offer smart payment solutions across platforms by the first quarter of

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Amazon Expands Its Footprint to Sweden, Part of Its Europe Expansion Plan

Amazon has launched its first Nordic online store with the domain name of Amzon.se as part of its expansion plan into Europe. “We are thrilled to launch Amazon.se and to be able to offer Swedish customers a selection of more

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Voi: First Bonus Miles E-Scooter Credit Card for Europe

Swedish e-scooter rental company Voi is now offering its own Mastercard credit card issued by Advanzia Bank as part of its sustainable mobility initiative. It is a departure from the classic credit card miles reward programmes that are usually tied

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Nordea Takes Open Banking beyond PSD2

Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal

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Sweden’s Fintech Industry Sees Strong Growth: Report

In the past years, Sweden has witnessed the rapid growth of its fintech ecosystem with 188 fintech companies established in Stockholm alone as of early 2018, according to the Stockholm Fintech Guide by Invest Stockholm. Several of these ventures have

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