Posts From Fintechnews Nordics
Backbase Wins Danske Bank to Enhance Its Digital Customer Experience
Backbase has made an agreement with Danske Bank in Denmark. This agreement provides Danske Bank with access to Backbase’s Engagement Banking Platform, which will progressively be implemented across their digital channels in the coming years. This will enable Danske Bank
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J.P. Morgan Appoints Nordics Innovation Economy Banking Lead
J.P. Morgan’s Commercial Banking business has hired Kim Larsson Nyheim as Innovation Economy banking lead for the Nordics, based in Stockholm. In this role, Kim is dedicated to serving Nordic-based, early stage, venture-backed companies with high growth potential in industries
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Swedish Insurtech Startup Insurely Secures €8 Million Funding
In an investment round co-led by new investor CNI and existing investor Opera Tech Ventures, Stockholm based Insurely has secured additional funding to accelerate its international expansion and product development. This investment aims to strengthen Insurely’s position as an open
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Meniga Raises €15 Million Series D
Meniga, an Iceland and London based pioneer in Personal Finance Management solutions announced that it has raised €15 million in Series D funding. The new investment round included major European banks, Groupe BPCE and Crédito Agrícola, and the leading Icelandic
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Lunar and Truelayer Team Up to Improve Nordic Instant Payments Options
Nordic challenger bank Lunar is joining forces with TrueLayer, one of Europe’s leading open banking payments network, to redefine the payments landscape across Denmark, Sweden and Norway. This collaboration will enhance TrueLayer’s instant payment capabilities in the Nordics through seamless integration
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Finland’s Enfuce Secures €8.5 Million Additional Investment for Germany and France Expansion
Finland based Enfuce has secured an €8.5 million follow-on investment round led by Vitruvian Partners, with participation from Visa and Maki.vc. This funding, following Enfuce’s successful €45 million Series C round in 2021 and brings Enfuce funding to a total
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Iceland’s Landsbankinn and Meniga Transform Payments Landscape Through Open Banking Services
Iceland’s largest bank Landsbankinn announced it is leading the way in Open Banking innovation by becoming the first bank in Iceland to offer its customers Payment Initiation Services (PIS) and Aggregation Services (AIS). The solution is powered by Meniga, a
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French IN Groupe Takes Over Danish Digital ID Service from Nexi
Nexi has entered into an agreement with French IN Groupe which is to take over its eID business. This acquisition is in line with the strategy of both groups: to reinforce IN Groupe’s role as European leader in digital identity,
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Jifiti Granted Electronic Money Institution License in Europe
Jifiti, a global white-labeled embedded lending provider, today announced that it has been granted an Electronic Money Institution (EMI) license in Europe, following the Swedish regulator’s rigorous review and qualification process. As a white-labeled solution provider to banks, regulated lenders
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Swedish Fintech Startups Feel the Funding Contraction
In Sweden, fintech companies are finding it more difficult to secure funding, noting that investors have adopted a more cautious approach amid economic uncertainties, geopolitical turmoil and soaring inflation. But despite the challenging venture funding landscape, fintech entrepreneurs remain confident
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