Finland
Findynet Gets €3 Million Grant to Develop Finland’s Digital Identity Network
The Finnish Ministry of Finance has awarded the Findynet Cooperative a three million euro government grant to build a pilot environment for a self-sovereign identity network to ensure the correctness of information in electronic interactions. The Findynet Cooperative aims to
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Tink Expands Open Banking Payments Services to Finland and Norway
Tink, Europe’s leading open banking platform, has announced the expansion of its open banking payments services to five new markets across Europe. Its Payment Initiation Services (PIS) product is now live in the Netherlands, Norway, Estonia, Finland and Latvia. Tink
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Intergiro.3d: Banking as a Service Platform Launches in Finland
Intergiro will offer its embedded finance services to clients in the Finnish market Intergiro’s API-suite of offerings includes white label banking services, card issuing, payment processing, and more Client base already includes neobanks, payments institutions and crypto exchanges Sweden-based fintech
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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 licence in 10 European markets. Customers in Belgium, Denmark, Finland, Germany, Iceland, Lichtenstein, Luxembourg, Netherlands, Spain, Sweden who upgrade to
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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 Partners, with participation from Tencent, a statement from the company said. The funding will be used to drive global growth
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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 2021 with record deal amounts. Out of the ten biggest funding rounds announced this year, Sweden leads the chart with
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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 Lithuania. ECB’s specialised banking license will make it possible for Saldo to accept deposits, grant loans and provide funds transfer
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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 Sweden, Estonia and Finland. This fall, the programme kick off in Stockholm, Helsinki and Tallinn while utilising the benefits of
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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 small businesses, announced that it has acquired Zervant, a Finland-based online invoicing software. The group is known for their online
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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 generated EUR 1.3 billion in revenue in 2019, data from industry trade group Fintech Farm Helsinki show. These fintechs have
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