Archive

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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Neo Bank Saldo Opens Banking Operations in Finland

The competition for savings accounts is intensifying in Finland. Saldo Bank, a neo-bank with a Finnish background, brings term deposits and digital loan services to the consumer market. The Finnish deposit market gets more competition as fintech company Saldo Bank

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Sweden’s Instant Payment Fintech Brite Raises $60 Million

Brite Payments announced a $60 million funding round led by specialist B2B software investor Dawn Capital and joined by Headline and existing investor Incore. Brite leverages open banking to offer businesses easy-to-integrate, instant account-to-account (A2A) payments and payouts. The fundraise

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