News
Swedish KYC Firm Verified Acquires Regtech Startup Pliance
Verified, a provider of Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance solutions, announced the acquisition of Pliance, a regtech startup specialising in automated financial crime compliance. Pliance’s platform uses API-led advanced automation to streamline the compliance process, reducing
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Nordea Completes Acquisition of Digital Pension Broker Platform Advinans
Nordea completed the acquisition of Swedish digital pension broker platform Advinans, following receipt of the regulatory approvals. The acquisition strengthens Nordea’s life and pension offering in Sweden and accelerates the bank’s strategic ambitions within savings. The acquisition of Advinans fits
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Compliance Software Company Trapets Acquires Regtech Solutions
Swedish regtech company Trapets has acquired Regtech Solutions, a software company offering Know Your Customer (KYC) and screening services solutions to comply with Anti-Money Laundry (AML) regulations. The acquisition will strengthen Trapets’ position in the Nordic regulatory technology market. Combining
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Mambu, Doconomy to Support Financial Institutions With Their Climate Action Plans
Swedish climate technology startup Doconomy has partnered with cloud banking platform Mambu to support financial institutions globally in taking climate action with accurate, easy-to-understand environmental impact data. Doconomy, a provider of carbon impact calculations, has developed digital tools, including an API-based
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Swedish Open Banking Firm Kreditz Nets Funding From Ingka Investments, Creades
Swedish open banking startup Kreditz has received funding from Ingka Investments, the VC arm of Ingka Group which operates IKEA retail stores, as well as Creades. The investment is part of Kreditz’s latest funding round with investors contributing to a total
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Bottomline Partners in the Nordics Market
Knowit, a Swedish provider of digital services to banks and businesses in the Nordic region, announced a strategic partnership with Bottomline, a global provider of financial technology solutions for business payments and financial messaging. The partnership combines Knowit’s strong local
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Intergiro and Incharge Join Forces to Make Banking Easier for Students in Europe
Stockholm based Intergiro, a Banking as a Service (BaaS) platform, has partnered with Sweden’s financial service provider Incharge to launch a new banking app designed to make financial services easier and more accessible for students in Europe. The Incharge app
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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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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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