News
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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Intergiro.3d: Banking as a Service Platform Launches in Finland
Intergiro will offer its embedded finance services to clients in the Finnish market Intergiro’s API-suite of offerings includes white label banking services, card issuing, payment processing, and more Client base already includes neobanks, payments institutions and crypto exchanges Sweden-based fintech
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Revolut Launches as a Bank in the Nordics
Revolut, a global financial super-app with more than 18 million customers worldwide, has operationalized its Lithuania based European specialised banking licence in 10 European markets. Customers in Belgium, Denmark, Finland, Germany, Iceland, Lichtenstein, Luxembourg, Netherlands, Spain, Sweden who upgrade to
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Spend Management Startup Pleo Extends Series C With Additional US$200 Million
Denmark-based B2B spend management service Pleo has raised US$200 million in a Series C extension round. It now brings the company’s total Series C round to US$350 million. The round was raised at a valuation of US$4.7 billion, according to
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Finnish Card Issuer Enfuce Picks Up EUR 45 Million to Drive Global Growth
European Card-as-a-Service (CaaS) platform Enfuce has raised EUR45 million in a Series C round. The round was led by growth investor Vitruvian Partners, with participation from Tencent, a statement from the company said. The funding will be used to drive global growth
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The Biggest Fintech Funding Rounds of 2021 in the Nordics
The fintech industry in the Nordic region, which comprises Denmark, Finland, Iceland, Norway and Sweden, saw strong funding growth in 2021 with record deal amounts. Out of the ten biggest funding rounds announced this year, Sweden leads the chart with
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