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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.
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.
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.
Iceland’s largest bank Landsbankinn today announces it is leading the way in Open Banking innovation by becoming the first bank in Iceland to offer its customers Payment Initiation Services (PIS) and Aggregation Services (AIS).
Jifiti, a global leader in white-labeled embedded lending, today announced that it has been granted an Electronic Money Institution (EMI) license in Europe, following the Swedish regulator’s rigorous review and qualification process.
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 in the sector’s prospects and are expecting growth in the year to come, a new report by industry trade group, the Swedish Fintech Association (SweFintech), says.
Brite Payments, a leader in instant bank payments, today announced a $60 million funding round led by specialist B2B software investor Dawn Capital and joined by Headline and existing investor Incore. Brite leverages open banking to offer businesses easy-to-integrate, instant account-to-account (A2A) payments and payouts.