Sweden

Swedish Fintech Tink Acquires German Open Banking Counterpart FinTecSystems

Sweden’s open banking platform Tink continues its expansion across Europe with the acquisition of FinTecSystems, a German open banking infrastructure fintech, powering over 150 banks and fintechs in Germany, Austria and Switzerland. The acquisition of FinTecSystems is conditional upon approval

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Top 7 Fintechs in Sweden

Home to one of the largest and best-known tech ecosystems in Europe, Sweden is now emerging as a fintech powerhouse, counting nearly 400 companies that use technology and digital platforms to support, enable or innovate banking and financial services, according

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Returpack Selects Payer to Digitise Payouts in Swedish Recycling Scheme

Returpack, a Swedish privately owned company that aims to increase recycling, has selected fintech startup Payer to develop a new IoT technology with the aim to create an easy digital payout experience for consumers. Payer was chosen to develop the

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e-Passi Enables Payments With Finnair’s Reward Points in Finland

Finland-based mobile payments platform ePassi has launched a unique collaboration with Finnair where members of their frequent flyer program can now pay for services with Finnair Plus points at the former’s merchant sites around Finland. ePassi, operating in Finland and

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Swedish Banking Platform Juni Selects TruNarrative’s Regtech Solution

Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has selected regtech TruNarrative to deliver compliance and onboarding technology. This move will provide Juni the capability to successfully onboard and monitor their individual and business clients. The Juni

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Klarna’s Open Banking Solution Extended to 8 More European Markets

Swedish payments firm Klarna announced the expansion of its open banking solution across eight more European countries, which now includes Portugal, Denmark, Luxembourg, Ireland, Croatia, Estonia, Lithuania and Latvia. As part of the latest expansion, Klarna also introduced the “Account

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Volvo Cars to Be Fully Electric by 2030 and Sold Exclusively Online

Volvo Cars plans to to become a fully electric car company by 2030 and sell them exclusively online by then. The company intends to only sell fully electric cars and phase out any car in its global portfolio with an

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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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Swedish Central Bank Extends Digital Currency Pilot Project e-Krona Until 2022

Sveriges riksbank, the central bank of Sweden, announced that it will be extending its central bank digital currency (CBDC) pilot project named e-krona to the end of February 2022. Riksbank conducted the pilot project in partnership with Accenture, to develop

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Swedish Neobank Northmill Raises US$30 Million

Northmill Bank, a Swedish neobank, raised US$ 30 million (SEK 250 million) in a funding round led by M2 Asset Management, a Swedish investment company controlled by Rutger Arnhult, and the institutional investor and asset management firm Coeli. Northmill Bank

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