Norway
Norwegian Fintech Two Raises €18 Million Series A
Norwegian B2B payment solutions provider Two announced that it has secured €18 million in a Series A funding round, bringing its total funds raised to €28 million. The funding round was led by Shine Capital and Antler with participation from
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Sweden Leads Nordic Insurtech Scene
With 19 insurtech startups, Sweden is the biggest insurtech market in the Nordics, hosting 60% of all of the region’s insurtech companies, a report by Sollers Consulting, an international operational advisory and software integrator, reveals. The Nordic Insurtech Report, released
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The Winners of Mastercard Fintech&Impact Lighthouse 2022 Grand Finale
Mastercard has announced the winners of its Lighthouse 2022 Fall Finale at the “Fintech & Impact: Born For This Moment” side event at Slush in Helsinki. Lighthouse is a collaboration network that fosters symbiotic growth between banks, fintechs and Mastercard.
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Sweden, Norway and Israel Explore Interlinking CBDC Systems for International Payments
Sveriges Riksbank, Norges Bank, Bank of Israel, and the Bank for International Settlements (BIS) are launching Project Icebreaker to explore how central bank digital currencies (CBDCs) can be used for international retail and remittance payments. The project aims to develop
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Norway, Iceland Join Consortium to Develop Payments Pilot for EU Digital ID Wallet
The Nordic-Baltic eID Project (NOBID) is leading a consortium of six countries—Denmark, Germany, Iceland, Italy, Latvia and Norway—to deliver a cross-border payments pilot aligned with the aims of the European Commission’s EU digital identity wallet program. The consortium’s proposal to
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Axo Announces Acquisition of Defero
Axo, a distributor of personal finance products in the Nordic region and portfolio company of Corsair, a private equity firm targeting payments, software and business services investments in the financial services sector, announced that it has acquired Defero Defero is
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Swedish Fintech Zimpler Enters Norway as Part of Their International Expansion
Zimpler, a fintech company born in Sweden, announced today that it has gone live in Norway. Following Sweden, Finland, Germany, Estonia, The Netherlands, Latvia and Lithuania, Norway becomes the eighth market to offer Zimpler’s account-to-account payments solutions. The first merchant
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Signicat Acquires Sphonic
Norway’s Signicat, a leading provider of digital identity and electronic signature solutions, is acquiring all shares in the UK-headquartered anti-fraud company Sphonic for an undisclosed sum. Existing management shareholders will reinvest a substantial part of the consideration into Signicat. Signicat
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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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Payment Firms Dominate Mastercard’s Lighthouse FINITIV 2022 Programme
Five payment acceptance startups were among the 15 selected to meet Mastercard in the Lighthouse FINITIV programme. Since its launch in 2018, Lighthouse FINITIV has created a forum for selected startups to enter partnership discussions with Mastercard and its largest
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