Sweden
Mastercard Acquires Baffin Bay Networks to Strengthen Customer Security
Payment giant Mastercard has acquired Swedish cloud-based cybersecurity company Baffin Bay Networks to add to its multi-layered approach to cybersecurity. The acquisition further strengthens Mastercard’s broader services offerings and value beyond the payment transaction. Baffin Bay Networks’ uses the latest
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Swedish Fintech Zimpler Appoints Chief Product Officer
Zimpler, a Swedish fintech company providing seamless and secure account-to-account payments, announced the appointment of Stefan Andersson as its Chief Product Officer. He will take on the role starting 20 March 2023. In the newly created role, Andersson will lead
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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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Focalpay Launches Pay by Bank Feature to Retailers and E-Commerce
Stockholm based Focalpay announced the launch of the brand new Pay by Bank, the first combined account-to-account payment and checkout solution on the market. Focalpay is the first software provider in the world that has merged the payment, checkout and
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Swedish Fintech Anyfin Raises €30 Million Series C Funding
Anyfin, the scaleup that enables consumers to refinance existing loans and take control of their financial wellbeing, announced that it has completed a €30 million Series C funding round. The capital will fuel the growth of its business across Europe,
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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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Tink Adds Four Senior Hires to Its London-Based Payments Team
Swedish open banking platform Tink has made four additions to its London-based payments team with hires for variable recurring payments, payment sales, strategic account management, and delivery and solutions architecture. Firstly, Andrew Boyajian joins Tink as Head of Variable Recurring
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Sweden’s SEB Creates New Banking-as-a-Service Business Unit
Nordic financial services group SEB has created SEB Embedded, a new business unit to commercialise the banking-as-a-service concept and promoted Christoffer Malmer to head the unit. Malmer’s current role as the head of SEB’s innovation studio SEBx will be taken
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Sweden’s Zimpler Expands to Latin America With New São Paulo Office
Swedish payments company Zimpler announced plans to expand to Latin America and that it has established its regional headquarters in Sao Paulo, Brazil’s financial center. A recent study conducted by Zimpler showed that nearly half of all online consumers in
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Atlar Raises €5M Seed Funding Led by Index Ventures for Automated Bank Payments
Swedish bank payments platform Atlar has closed a €5 million seed round led by Index Ventures, with the participation of European venture capital firms La Famiglia VC and Cocoa. A number of angel investors also participated in the round, including
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