Sweden

IKEA Inks Partnership With Trustly to Enhance Global Payment Experience

Trustly, a global payments platform for digital account-to-account transactions, has announced a partnership with IKEA. Through the partnership, Trustly will enable IKEA’s shoppers to pay for their purchases directly from their online bank account. The collaboration also equips IKEA with

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BNPL Giant Klarna Acquires Shopping Comparison Site PriceRunner

Swedish Buy Now, Pay Later (BNPL) platform Klarna announces it has signed an agreement to acquire shopping comparison site PriceRunner. Details of the deal were not disclosed. PriceRunner will bring new features in the form of product reviews, rich product

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Stockholm Sees Growing Green Fintech Space

Sweden’s credentials in sustainability and Stockholm’s vibrant fintech ecosystem are converging into a flourishing green fintech market where players are gaining traction and starting to expand globally. This booming sector is highlighted in the 2021 edition of the yearly Stockholm

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Swedish Fintech Juni Extends Series A With Additional US$52 Million

Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has secured US$52 million in funding led by EQT Ventures, to add to the US$21 million already raised from their Series-A round in late June this year. This boosts

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Anyfin Secures US$52 Million Funding to Accelerate Germany Expansion Plans

Anyfin, the Stockholm based startup that enables consumers to refinance existing loans and take control of their financial health, announced that it has secured US$52 million of fresh funding, bringing the total equity capital raised by the firm to US$101

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Sweden’s Minna Technologies Expands Footprint With London Hub

Minna Technologies, a Sweden-based subscription management tool for retail banks, announced that it is launching a London-based hub. This move comes on the heels of a recent partnership with London-based open banking platform Bud. As part of the commitment to

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Neo Insurer Hedvig Closes U$45 Million Series B Ahead of European Expansion Plans

Nordic neo insurer Hedvig announces that it closed a US$45 million Series B funding round led by Anthemis following its recent launch into Denmark. The Series B investment was led by Anthemis Partner, Ruth Foxe Blader, and Managing Director, Matthew

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Mastercard’s Accelerator Lineup Features Women-Led and Sustainable Startups

Mastercard has revealed the 15 tech startups that will be joining the fall edition of its Lighthouse FINITIV programme from Sweden, Estonia and Finland. This fall, the programme kick off in Stockholm, Helsinki and Tallinn while utilising the benefits of

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IKEA Operator Snaps up Minority Stake in BNPL Firm Jifiti for US$22.5 Million

Ingka Investments, the investment arm of Ingka Group which owns and operates IKEA stores, has invested US$22.5 million in US-based Buy Now, Pay Later (BNPL) firm Jifiti, for a minority stake in the company. Ingka Group and Jifiti have a

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Swedish Fintech Invoier Bags EUR 4.1 Million From the European Union

Stockholm-based fintech company Invoier, who has built and established a marketplace for fair and transparent trading of invoices, has secured a EUR 4.1 million equity funding from the European Innovation Council’s (EIC) Fund. Invoier’s marketplace enables SMEs to convert invoices

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