News

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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Revolut Partners With Tink for European Payments

Tink, the Stockholm-based open banking platform, and Revolut, the global financial super app with more than 18 million customers worldwide, have entered into a strategic partnership for open banking technology. Tink’s payment initiation services (PIS) technology will allow Revolut users

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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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SEB Partners with Fintech Startup Humla

SEB is entering into a strategic partnership with Humla, a fintech startup within Axel Johnson set out to drive innovation in the retail industry. Humla will develop its products and offerings on the banking-as-a-service (BaaS) platform developed by SEBx, thereby

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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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E-Krona Pilot Project Status Update

In February 2021, the second phase of the e-krona pilot project began. The aim of the work was to continue investigating and testing the technical solution developed in the project and also to investigate a potential legal framework around the

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Intergiro and Incharge Partner to Release Banking App for Ukrainian Refugees

In an effort to support Ukrainians fleeing the conflict, Incharge, a company built using Intergiro’s Banking as a Service solution “Intergiro.3d”, has created a banking services app specifically for refugees. The app will offer free banking services and physical or

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Lunar Raises €70 Million in Series D-2

Lunar, Nordic-based fintech company focused on the future of money for consumers and businesses, announced a €70 million Series D-2 funding round. It brings the Series D total to €280 million. Existing investors participated in the funding round following on

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