News

Top 20 Established Fintech Companies in Finland in 2022

The Helsinki Fintech Farm has published its annual list of the top established fintech companies in Finland, ranked based on the companies’ latest reported revenues. The Finnish fintech industry—consisting some 200 fintech startups, fintech scaleups and established companies—saw revenues growing from

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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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Top 20 Fintech Scaleups in Finland in 2022

The Helsinki Fintech Farm has published this year’s list of the top fintech scaleups in the country, ranked based on the companies’ latest reported revenues. Finland’s fintech industry—which comprises some 200 startups, scaleups and established companies—saw revenue reaching €1.4 billion

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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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Denmark and Iceland Startups Dominate the Nordic Fintech Awards 2022

The Nordic Fintech Awards was held on 27 September 2022 during the annual Nordic Fintech Week organised by Copenhagen Fintech. Nominees for the four Nordic Fintech Award categories were shortlisted based on feedback from fintech communities in the region and

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Top 20 Startups in Finland in 2022

The Helsinki Fintech Farm has published its annual ranking of the top fintech startups in Finland calculated based on the companies’ latest reported revenues. According to the report, Finland’s fintech industry—which comprises some 200 companies—saw revenue increasing from €1.2 billion

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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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Lithuania’s SME Finance Expands its Footprint to Finland

Lithuanian financing platform SME Finance has opened for business in Finland to provide loans to smaller businesses, including those with trading histories of under two years. Finland has a highly concentrated banking sector, with the top three banks controlling 80%

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