Nordics

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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Sweden Set For Dramatic Growth In Digital Wealth Management

Analysis of industry data by Nucoro reveals that 7% of people in work in Sweden earn over $90,000 a year or 906,000 Swedish Krona (SEK). It’s analysis also reveals a growing pool of wealthy people in Sweden, many of whom

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Sweden To Test Technical Solution For The e-Krona

The Riksbank is conducting a pilot project with Accenture aimed at developing a proposal for a technical solution for an e-krona. The objective is to create, in an isolated test environment, a digital krona that is simple and user-friendly. The

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Top 18 Upcoming Fintech Events in the Baltic and Nordic Region in 2020

The fintech landscape in the Nordic and Baltic regions continues to be one of the most successful at producing unicorns with recent examples that include TransferWise, from Estonia, and Klarna Bank, from Sweden. As we head into 2020, we look

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Riksbank Develops an e-Krona in a Test Environment

The Riksbank has implemented a public procurement of a technology supplier to the e-krona pilot project and intends to sign an agreement with consulting company Accenture. The primary objective of the e-krona pilot project is to broaden the bank’s understanding

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The 9 Hottest and “Coolest” Fintechs in Iceland

Iceland’s financial services industry has changed rapidly over the past couple of years with fintech solutions at the forefront of these changes. Innovative fintech solutions are provided by the three largest commercial banks in the country, namely Landsbankinn, Íslandsbanki, and

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Ikea Iceland Settles the World’s First Invoice With Smart Contracts and Licensed Digital Cash

Tradeshift and Monerium announce the successful completion of a transaction that marks a major step forward in business payments and finance. Using Tradeshift’s platform and smart contracts on the Ethereum blockchain, Icelandic retailer Nordic Store purchased goods from IKEA Iceland

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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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