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Fintech in Norway: Rapid Industry Growth, Strong Government Support, and Digital Savvy Consumers Drive Innovation - Fintech in Nordics
The Norwegian fintech ecosystem has experienced remarkable growth over the past decade or so. Between 2012 and 2022, the sector grew from just 24 fintech companies to over 200, according to a 2023 report by local consultancy Ontogeny and the Finance Sector Union of Norway.
Denmark’s Fintech Industry on the Rise, but Regulatory Challenges Persist - Fintech in Nordics
Denmark’s fintech ecosystem has made remarkable strides over the past years. However, to maintain its upward trajectory, Denmark must modernize its regulatory framework and foster closer collaboration between industry stakeholders.
Sweden’s Deedster Named Mastercard Lighthouse MASSIV Spring 2025 Winner - Fintech in Nordics
Free Newsletter Subscribe to the most important Fintech Nordics News Deedster, a Swedish provider of data and digital tools for measuring and managing carbon emissions tailored to financial institutions, has been named the Programme Winner of the Spring 2025 edition of Mastercard Lighthouse MASSIV. The announcement was made during the Lighthouse Grand Finale award ceremony
Swedish Fintech Sector Sees Improvements with Better Capital Access and Growth in Hiring - Fintech in Nordics
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.
Swedish Spend Management Fintech Mynt Closes €22 Million Series B - Fintech in Nordics
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.
Sweden's Leading Payment App Swish Now Offers Tap-To-Pay - Fintech in Nordics
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.