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Revolut Launches as a Bank in the Nordics

Revolut, a global financial super-app with more than 18 million customers worldwide, has operationalized its Lithuania based European specialised banking

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Spend Management Startup Pleo Extends Series C With Additional US$200 Million

Denmark-based B2B spend management service Pleo has raised US$200 million in a Series C extension round. It now brings the

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Finnish Card Issuer Enfuce Picks Up EUR 45 Million to Drive Global Growth

European Card-as-a-Service (CaaS) platform Enfuce has raised EUR45 million in a Series C round. The round was led by growth investor Vitruvian

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The Biggest Fintech Funding Rounds of 2021 in the Nordics

The fintech industry in the Nordic region, which comprises Denmark, Finland, Iceland, Norway and Sweden, saw strong funding growth in

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Landsbankinn Chooses Salt Edge to Become PSD2 Compliant

Landsbankinn, the largest Icelandic bank, has joined forces with Salt Edge, a pioneer in open banking, to comply with Icelandic

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Mastercard Finalises Acquisition of Danish Open Banking Firm Aiia

Mastercard announced it has completed its acquisition of Aiia, a Danish open banking technology provider that offers single and secure

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IKEA Inks Partnership With Trustly to Enhance Global Payment Experience

Trustly, a global payments platform for digital account-to-account transactions, has announced a partnership with IKEA. Through the partnership, Trustly will

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Finnish Fintech Saldo Receives European Central Bank’s Specialised Banking License

Saldo Finance, a subsidiary of Finnish Saldo Finance Plc, has been granted European Central Bank’s (ECB) specialised banking license in

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Stockholm Sees Growing Green Fintech Space

Sweden’s credentials in sustainability and Stockholm’s vibrant fintech ecosystem are converging into a flourishing green fintech market where players are

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Danish Challenger Bank Lunar Snaps Up Payments Firm Paylike

Danish neobank Lunar announced that it has acquired Paylike, a full-stack European payment platform for an undisclosed sum. With this

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Swedish Fintech Juni Extends Series A With Additional US$52 Million

Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has secured US$52 million in funding led by EQT

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Anyfin Secures US$52 Million Funding to Accelerate Germany Expansion Plans

Anyfin, the Stockholm based startup that enables consumers to refinance existing loans and take control of their financial health, announced

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Sweden’s Minna Technologies Expands Footprint With London Hub

Minna Technologies, a Sweden-based subscription management tool for retail banks, announced that it is launching a London-based hub. This move

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Neo Insurer Hedvig Closes U$45 Million Series B Ahead of European Expansion Plans

Nordic neo insurer Hedvig announces that it closed a US$45 million Series B funding round led by Anthemis following its

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Mastercard’s Accelerator Lineup Features Women-Led and Sustainable Startups

Mastercard has revealed the 15 tech startups that will be joining the fall edition of its Lighthouse FINITIV programme from

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Ageras Group Buys Finnish Invoicing Software Zervant in Acquisition Spree

Ageras Group, a group of companies backed by Investcorp Technology Partners (ITP) that offers a range of software solutions to

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IKEA Operator Snaps up Minority Stake in BNPL Firm Jifiti for US$22.5 Million

Ingka Investments, the investment arm of Ingka Group which owns and operates IKEA stores, has invested US$22.5 million in US-based

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Swedish Fintech Invoier Bags EUR 4.1 Million From the European Union

Stockholm-based fintech company Invoier, who has built and established a marketplace for fair and transparent trading of invoices, has secured

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Danish Neobank kompasbank Selects Mambu To Roll Out SME Lending

Newly-established Danish small and medium-sized enterprise (SME) bank kompasbank announced their go-live on Mambu’s Software-as-a-Service (SaaS) banking platform. On Mambu’s

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Voyager Digital Snaps Up Crypto Payments Firm Coinify for US$84 Million

Voyager Digital, a publicly-traded cryptocurrency platform in the United States, announced the acquisition of Denmark-based cryptocurrency payment platform Coinify. According

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In Europe, Nordic Countries Have the Most Advanced Open Banking Ecosystems

In Europe, the Nordic countries of Sweden, Denmark and Norway have the most advanced open banking ecosystems. Trailblazing regional regulatory

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Danish Neobank Lunar Scores EUR 210 Million in Series D Joined by Tencent

Nordic challenger bank Lunar announced a EUR 210 million series D funding round led by family-owned investment company HEARTLAND. Other

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Pleo Becomes the Latest Danish Fintech Unicorn With US$150 Million Fundraise

Danish fintech Pleo announced that it has raised US$150 million in a Series C funding round to become a unicorn

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Rapyd Inks Deal to Acquire Icelandic Payments Firm Valitor for US$100 Million

Rapyd, a global fintech-as-a-service company, has entered into a definitive agreement with Arion Banki to acquire Valitor, an Icelandic payments

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Danish PFM Platform Spiir Released the Beta Version of Its App in the Baltics

Danish personal financial management (PFM) app Spiir announced that it has launched a beta version of its app in the

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Visa Inks Deal to Acquire Swedish Open Banking Platform Tink for US$2.2 Billion

Visa announced it has signed a definitive agreement to acquire Tink, a Swedish open banking platform, for 1.8 billion Euros

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Nordea Taps Meniga’s Cashback Rewards Platform for Its Swedish Customers

Icelandic digital banking and finance solutions developer Meniga has signed a new partnership agreement with Nordea, a financial services groups

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Ukrsibbank Rolls Out Swedish Startup Dreams’ Financial Wellbeing Platform

Dreams, a Swedish provider of behavioural and engagement banking solutions, announced the launch of its financial wellbeing platform in partnership

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Swedish Central Bank Pilots Phase 2 of E-Krona Project With Handelsbanken

The central bank of Sweden Riksbank pilots phase two of its e-krona project with Swedish bank Handelsbanken and TietoEVRY, a

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Swedish Fintech Tink Acquires German Open Banking Counterpart FinTecSystems

Sweden’s open banking platform Tink continues its expansion across Europe with the acquisition of FinTecSystems, a German open banking infrastructure

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Fintech Baltic Top Articles

Danish PFM Platform Spiir Released the Beta Version of Its App in the Baltics

Danish personal financial management (PFM) app Spiir announced that it has launched a beta version of its app in the

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The 9 Hottest and “Coolest” Fintechs in Iceland

Iceland’s financial services industry has changed rapidly over the past couple of years with fintech solutions at the forefront of

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9 Fast-Growing Fintechs from Finland

Finland is home to more than 200 fintech companies, which have raised a combined EUR 450 million in funding, and

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Top 7 Fintechs in Sweden

Home to one of the largest and best-known tech ecosystems in Europe, Sweden is now emerging as a fintech powerhouse,

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6 Fast-Growing Fintech Companies from Norway

Norway is home to over 120 fintech companies with the vast majority of solutions available right now focusing on mobile

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4 Companies to Know in Denmark’s Booming Fintech Sector

The Danish fintech startup scene has grown significantly over the last few years, rising from only 70 fintech companies in

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Mastercard’s Accelerator Lineup Features Women-Led and Sustainable Startups

Mastercard has revealed the 15 tech startups that will be joining the fall edition of its Lighthouse FINITIV programme from

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Iceland-Born Fintech Meniga Closes €10 Million Investment Round

Meniga, a provider of digital banking solutions founded in Iceland, announced that it has closed a €10 million strategic investment

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Finnish Payments Firm Enfuce Raises €7 Million in Funding Round Led by Tencent

Nordic-based card issuing and payment processing services provider Enfuce has raised €7 million in Series B funding led by Tencent

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