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Mynt, a leading provider of corporate credit cards and spend management solutions, today announced a €22 million funding round at a significantly increased valuation of approximately €175 million, led by Vor Capital, with participation from existing investors CNI, Incore and others. The Series B round brings Mynt’s total funding to over €50 million.
Swish, the leading payment app in Sweden and one of the largest payment solutions in Europe, is taking big steps in the payments market. Users will now be able to tap-to-pay with Swish in stores, both in Sweden and abroad, by adding their payment card to the app. The new service is a strategic step for the company as it enables Swish payments in even more buying situations, further simplifying the everyday lives of its 8,6 million users.
As a leading fintech hub not just in the Nordics but across Europe, Stockholm is a launchpad for some of the hottest and fastest-growing startups. In this list, we look at the most promising fintech companies emerging from this city, exploring their innovative approaches and recent achievements.
Juni, a fast-growing Swedish financial platform on a mission to build the global business bank of the future, has further strengthened its partnership with Salt Edge, a leading open banking solutions provider, to deliver open banking capabilities.
We take a look at some of the fintech companies from the Nordics that have made notable inroads into APAC. These companies are leveraging their strong European foundations to address local needs and adapt to regional regulatory environments. They comprise both young fintech startups and larger, more established fintech firms.
The European Investment Fund (EIF) and Danish corporate bank kompasbank a/s have signed portfolio guarantee agreements to provide at least €175 million in new loans to Danish small and medium-sized businesses.
As the summer holiday season approaches, businesses are urged to remain vigilant against a surge in cybercriminal activity. During this time, many companies operate with reduced staff, making them prime targets for hackers.
Handelsbanken in Norway has solidified its stance as a pioneer in digital banking by selecting Meniga, the acclaimed leader in digital banking solutions, to enrich its customer engagement with personalised financial insights.
The Nordic region, known for its tech-savvy population and stable financial systems, is becoming a prime breeding ground for ambitious fintech startups. With high mobile payment adoption, a focus on sustainability, and robust regulatory frameworks, the stage is set for exciting innovations and collaborations.
The Nordic region, known for its tech-savvy population and stable financial systems, is becoming a prime breeding ground for ambitious fintech startups. With high mobile payment adoption, a focus on sustainability, and robust regulatory frameworks, the stage is set for exciting innovations and collaborations.
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.
2023 was a tough year for the Swedish fintech industry as companies continued to face a challenging fundraising landscape, fueling a slowdown in new recruitments, and as regulatory requirements persisted in burdening fintech operations, a new report by the Swedish Fintech Association (SweFintech) says. For Sweden to remain competitive in the face of rising fintech hubs including Lithuania and Estonia, several measures must be put in place to encourage innovation and support the growth of young ventures.
Brite Payments, a leader in instant bank payments, today announced that it has partnered with Northe, a one-stop platform for electric vehicle (EV) charging, to provide customers with a more streamlined payments process.
Today, we look at some of the most prominent fintech events taking place in the Nordic and Baltic regions in H1 2024, delving into must-attend gatherings that are expected to bring together some of the industry’s top innovators and decision-makers.
Transfer Galaxy and Intergiro have partnered to launch a seamless cross-border digital banking experience that will make it easier for foreign born nationals and digital nomads to send money abroad.
Enfuce announced today an €8.5m follow-on investment round, led by Vitruvian Partners with participation from Maki.vc and Visa, a world leader in digital payments. This follows Enfuce’s €45m Series C funding round initiated in 2021. Enfuce has raised a total of €62m to date.
Lunar is joining forces with TrueLayer, Europe’s leading open banking payments network, to redefine the payments landscape across Denmark, Sweden and Norway. This collaboration will enhance TrueLayer’s instant payment capabilities in the Nordics through seamless integration with Lunar’s payment infrastructure.