Nordics

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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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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4 Companies to Know in Denmark’s Booming Fintech Sector

The Danish fintech startup scene has grown significantly over the last few years, rising from only 70 fintech companies in 2015 to more than 250 in 2021, according to numbers from industry trade group Copenhagen Fintech. In 2020, Danish fintechs

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Swedbank Joins Forces With Meniga to Offer Personalised Banking Services

Meniga, an Iceland based AI-driven digital banking solutions provider, has partnered with Swedbank to launch new services to increase customer engagement. The new digital banking solution is now live at all of Swedbank’s markets in Sweden, Estonia, Lithuania and Latvia. Utilising

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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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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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A Biometric Payment for Nordic and Baltic Banks

Norway-based biometric fintech Zwipe and TietoEVRY, a provider of software and digital banking services in the Nordics, have agreed to jointly roll out biometric payment solutions based on the Zwipe Pay ONE platform. With the recent surge in demand for

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Klarna Becomes Highest-Valued Fintech Unicorn in Europe At $10.65 Billion Valuation

Stockholm based Fintech Klarna became the highest-valued private fintech in Europe after raising US$650 million in a funding round, at a post money valuation of $10.65 billion. The funding round was led by Silver Lake, technology investing firm with more than

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UN Agencies Partners With Denmark to Leverage on Singapore’s Fintech Hub

Multiple UN agencies have joined hands with Copenhagen Fintech to bring Nordic fintech startups to Singapore to promote the exchange of innovation. The agencies involved are UNDP’s Global Center for Technology, Innovation and Sustainable Development in Singapore, UNDP’s Nordic Office and

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