Nordics
Iceland’s Established Banks Lead the Charge in Fintech Innovation
In Iceland, the financial landscape is witnessing a dynamic interplay between traditional lenders and innovative fintech companies. These partnerships are reshaping Iceland’s financial sector, fostering innovation and providing customers with more efficient and diverse services. Over the past year, a
Read MoreTenity to Invest in 4 Early-Stage Fintech Startups in Estonia and 2 From the Nordics
8 early-stage startups from 5 countries have been selected for the upcoming Tenity Incubation Program starting on March 4th, 2024, in Tallinn. The selected startups receive an initial EUR50k investment from the Tenity Incubation Fund. The upcoming edition of the
Read MoreSweden’s Capitalbox Acquires Denmark’s Invoice Purchasing SME Specialist Omniveta
CapitalBox, the Stockholm based alternative financing specialist for small- and medium-sized enterprises (SMEs), announced its acquisition of Copenhagen-based Omniveta Finance. Omniveta is an invoice purchasing company dedicated to improving lending liquidity for SMEs across Denmark. Founded in 2012, Omniveta specialises
Read MoreTop 14 Fintech Events in the Baltics and the Nordics to Attend in H1 2024
Over the years, the Nordic and Baltic regions have emerged as vibrant hubs for fintech innovation, fueled and facilitated by advanced digital infrastructure and digitally literate populations, government support, and strong collaboration between traditional financial institutions, startups and technology companies.
Read MoreSwedish Fintech Startups Feel the Funding Contraction
In Sweden, fintech companies are finding it more difficult to secure funding, noting that investors have adopted a more cautious approach amid economic uncertainties, geopolitical turmoil and soaring inflation. But despite the challenging venture funding landscape, fintech entrepreneurs remain confident
Read MoreSweden Leads Nordic Insurtech Scene with 60% Market Share
With 19 insurtech startups, Sweden is the biggest insurtech market in the Nordics, hosting 60% of all of the region’s insurtech companies, a report by Sollers Consulting, an international operational advisory and software integrator, reveals. The Nordic Insurtech Report, released
Read MoreFinnish Fintech Saldo Bank Launches Banking Operations in Lithuania and Plans Further Expansion
Fintech Fintech company Saldo Bank UAB has announced the launch of banking operations in Lithuania. Having built regulatory readiness after obtaining a specialised bank licence from the European Central Bank, Saldo Bank will introduce term deposits and continue providing loans
Read MoreNordic Fintech Anyfin Raises €30 Million Series C Funding
Anyfin, a Swedish scaleup that enables consumers to refinance existing loans and take control of their financial wellbeing, announced that it has completed a €30 million Series C funding round. The capital will fuel the growth of its business across
Read MoreLithuanian 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
Read MoreIntergiro 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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