Sweden
McKinsey: Sweden Emerges as One of The Best Fintech Ecosystem in Europe
In Europe, fintech activity is growing in virtually all countries, but performance and maturity levels are found to be the greatest in the UK and Sweden, the two countries that are now leading the region for the size of their
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Open Banking Platform Tink Partners With Adyen to Enable Instant Bank Payments
Dutch payments company Adyen has selected Swedish open banking platform Tink’s real-time payments infrastructure to enable its new white-label pay-by-bank and instant bank payments solutions. Adyen’s clients will be able to allow their customers to authenticate and pay directly from
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SME Financing Platform DBT Gets €286M From NatWest and Värde Partners
Swedish SME financing platform DBT has closed a SEK 3.1 billion (approximately €286 million) debt facility from UK bank NatWest and US alternative investment firm Värde Partners. The funding, said to be the largest investment in a Nordic SME lending
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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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10 Nordic Startups Selected for the Lighthouse FINITIV 2022 Fall Programme
15 fintech companies – 10 from the Nordic region and five from the Baltic region – were selected to participate in Mastercard Lighthouse FINITIV’s 2022 fall programme. Since its launch in 2018, the Mastercard Lighthouse FINITIV programme has been the
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F10 Launches Climate Fintech-Focused Incubator in the Nordics and Baltics
F10, an innovation ecosystem for fintech and insurtech with hubs in Switzerland, Singapore, and Spain, announced the launch of an incubation programme dedicated to climate fintech across the Nordics and Baltics, expanding its reach within Europe. The goal is to
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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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iDenfy Partners With the Swedish Fintech Juni
The Lithuanian identity verification and compliance company iDenfy, joined forces with Juni, the financial management platform made for ecommerce. iDenfy’s mix of built-in identity verification and Business Verification services will protect Juni from fraud. Reduced costs, personalization, greater convenience, or
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SEB Venture Participates in 33m EUR Round of Lysa
SEB Venture Capital is making an investment in one of Europe’s fastest-growing automated savings platforms, Lysa. As part of the investment, SEB will support the company’s continued growth and international expansion. Lysa is Stockholm based and recently announced a 33
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Swedish Fintech Juni Raises US$206 Million Funding
Juni, a Swedish banking platform for e-commerce and online marketing companies, announced the closing of its US$206 million funding round, bringing its total funds raised to US$282 million to date. The fundraise was led by Mubadala Capital and joined by
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