Nordics

Lithuanian Identity Verification Startup Partners With Swedish Fintech Juni

The Lithuanian identity verification and compliance company iDenfy, joined forces with Juni, the financial management platform made for ecommerce. iDenfy’s mix of built-in identity verification and Business Verification services will protect Juni from fraud. Reduced costs, personalization, greater convenience, or

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Intergiro and Incharge Partner to Release Banking App for Ukrainian Refugees

In an effort to support Ukrainians fleeing the conflict, Incharge, a company built using Intergiro’s Banking as a Service solution “Intergiro.3d”, has created a banking services app specifically for refugees. The app will offer free banking services and physical or

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Lunar Raises €70 Million in Series D-2

Lunar, Nordic-based fintech company focused on the future of money for consumers and businesses, announced a €70 million Series D-2 funding round. It brings the Series D total to €280 million. Existing investors participated in the funding round following on

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Intergiro.3d: Banking as a Service Platform Launches in Finland

Intergiro will offer its embedded finance services to clients in the Finnish market Intergiro’s API-suite of offerings includes white label banking services, card issuing, payment processing, and more Client base already includes neobanks, payments institutions and crypto exchanges Sweden-based fintech

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Spend Management Startup Pleo Extends Series C With Additional US$200 Million

Denmark-based B2B spend management service Pleo has raised US$200 million in a Series C extension round. It now brings the company’s total Series C round to US$350 million. The round was raised at a valuation of US$4.7 billion, according to

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The Biggest Fintech Funding Rounds of 2021 in the Nordics

The fintech industry in the Nordic region, which comprises Denmark, Finland, Iceland, Norway and Sweden, saw strong funding growth in 2021 with record deal amounts. Out of the ten biggest funding rounds announced this year, Sweden leads the chart with

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Finnish Card Issuer Enfuce Picks Up EUR 45 Million to Drive Global Growth

European Card-as-a-Service (CaaS) platform Enfuce has raised EUR45 million in a Series C round. The round was led by growth investor Vitruvian Partners, with participation from Tencent, a statement from the company said. The funding will be used to drive

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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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Finnish Fintech Saldo Receives European Central Bank’s Specialised Banking License

Saldo Finance, a subsidiary of Finnish Saldo Finance Plc, has been granted European Central Bank’s (ECB) specialised banking license in Lithuania. ECB’s specialised banking license will make it possible for Saldo to accept deposits, grant loans and provide funds transfer

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