Sweden

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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Klarna Launches Price Comparison Tool in Sweden, Denmark and the UK

Buy now, pay later (BNPL) solution provider Klarna has launched a new in-app price comparison tool to provide an alternative to Google or Amazon as a starting point for consumers’ online shopping journeys. Consumers will be able to view product

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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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