Posts From Fintechnews Nordics
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 regimes, highly developed digital infrastructures, and a pan-Nordic collaborative approach have enabled these countries to take the lead over the
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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 investors included Kinnevik, one of Europe’s leading growth investors, and Tencent, a leading China-based technology company. Alongside the lead investors,
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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 with a company valuation of US$1.7 billion. The Series C round was co-led by Bain Capital Ventures and Thrive Capital,
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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 solutions company, for US$100 million. The acquisition of Valitor will complement Rapyd’s existing payment capabilities throughout Europe, as well as
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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 Baltics ahead of their recent expansion into Estonia, Latvia and Lithuania. The team behind the app has made a special
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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 (US$2.2 billion). Tink will retain its brand and current management team, and its headquarters will remain in Stockholm, Sweden. The
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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 in the Nordics, to continue the integration of its cashback rewards platform within the latter’s mobile banking app in Sweden.
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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 with Ukrainian commercial bank UKRSIBBANK BNP Paribas Group. The company’s financial wellbeing platform is now embedded into UKRSIBBANK’s mobile banking
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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 Finnish IT software and service company providing IT and product engineering services. The pilot project run by the Riksbank aims
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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 fintech, powering over 150 banks and fintechs in Germany, Austria and Switzerland. The acquisition of FinTecSystems is conditional upon approval
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