15 fintech companies – 10 from the Nordic region and five from the Baltic region – were selected to participate in Mastercard Lighthouse FINITIV’s 2022 fall programme.
Since its launch in 2018, the Mastercard Lighthouse FINITIV programme has been the definitive showcase of trends in Nordic and Baltic fintech with alumni like Doconomy and Aiia.
The Fall 2022 programme’s main theme is “smarter payments” since many of the selected startups are focused on enhancing payment transactions through smart solutions, loyalty, transaction monitoring and fraud prevention.
Meet the 10 Nordic companies selected for the Lighthouse Fall Class Of 2022:
Sweden
Gigapay is a scalable salary payments infrastructure for the gig and creator economy.
Econans provides white-label digital simulation tools for sustainable personal finance
Sossip is a payment solution that uses AI to create smart money management services.
Direct2Internet enables merchants to offer customers seamless payment experience with ease by offering payment facilitator functionalities with multiple partner-banks. With new innovative AI can a merchant choose right acquiring bank (d2i.se)
Plexian is developing the loyalty platform for the future and through creative membership programmes create enhanced member values.
Finland
FPSystem is developing a seamless biometric payment and financing solution for events and holiday resorts.
Bcar.app is providing a global EV plugshare and charging mobile app including leasing of EV chargers and a community & EV sharing marketplace.
FinanceKey is building a payment and treasury operations platform for businesses to gain time, money and better control.
VALEGA Chain Analytics work with Automated Compliance & Transaction Risk analysis for blockchains to prevent Money-laundering and other criminal activities which is associated with Digital Currencies.
Mobibank combines all of the end users banking needs in one hub removing the need for multiple apps to people.
To see the five companies from Latvia, Lithuania and Estonia selected for the fall programme, click here.
97 companies applied to the fall programme by submitting partnership proposals and company details. 21 shortlisted applicants then pitched Mastercard and its partner banks prior to the final class selection.
During the programme, admitted start-ups will be able to present their solutions and discuss possible collaboration areas with Mastercard, SEB, Swedbank and OP Financial Group in a 1:1 setting.
Companies will also be matched with relevant investors from the Lighthouse Investor Circle, with pro bono growth advisors such as Fintech Mundi, Invenio Growth and AWS, and with Mastercard’s marketing and communication teams.
“Lighthouse showed us how innovative the Nordic and Baltic region is.
Moreover, Mastercard’s multi-rail strategy driven in the region in part through the acquisition of Aiia, another Lighthouse alumni.
We want to do our part to strengthen the ecosystem through open innovation platforms such as Lighthouse,”
said Mats Taraldsson, Head of Innovation, Fintech and Impact Tech Engagement at Mastercard Nordics and Baltics.
