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In recent years, the Swedish fintech industry has faced significant headwinds, including high inflation and a more reticent capital market. However, 2024 saw signs of recovery, with improved access to capital and increased recruitment activity.
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.
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.
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.