News

Iceland

Landsbankinn Chooses Salt Edge to Become PSD2 Compliant

Landsbankinn, the largest Icelandic bank, has joined forces with Salt Edge, a pioneer in open banking, to comply with Icelandic law on the PSD2 legislation. The new Act on Payment Services, which transposes the European PSD2 into Icelandic law, entered

Denmark

Mastercard Finalises Acquisition of Danish Open Banking Firm Aiia

Mastercard announced it has completed its acquisition of Aiia, a Danish open banking technology provider that offers single and secure API access to banks and fintech companies, and enables users to easily perform account-to-account payments. Details of the deal which

Sweden

IKEA Inks Partnership With Trustly to Enhance Global Payment Experience

Trustly, a global payments platform for digital account-to-account transactions, has announced a partnership with IKEA. Through the partnership, Trustly will enable IKEA’s shoppers to pay for their purchases directly from their online bank account. The collaboration also equips IKEA with

Finland

Finnish Fintech Saldo Receives European Central Bank’s Specialised Banking License

Saldo Finance, a subsidiary of Finnish Saldo Finance Plc, has been granted European Central Bank’s (ECB) specialised banking license in Lithuania. ECB’s specialised banking license will make it possible for Saldo to accept deposits, grant loans and provide funds transfer

Sweden

Stockholm Sees Growing Green Fintech Space

Sweden’s credentials in sustainability and Stockholm’s vibrant fintech ecosystem are converging into a flourishing green fintech market where players are gaining traction and starting to expand globally. This booming sector is highlighted in the 2021 edition of the yearly Stockholm Fintech

Denmark

Danish Challenger Bank Lunar Snaps Up Payments Firm Paylike

Danish neobank Lunar announced that it has acquired Paylike, a full-stack European payment platform for an undisclosed sum. With this move, Lunar gains a gateway that will make it possible for its business customers to receive payments from their clients

Sweden

Swedish Fintech Juni Extends Series A With Additional US$52 Million

Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has secured US$52 million in funding led by EQT Ventures, to add to the US$21 million already raised from their Series-A round in late June this year. This boosts

Sweden

Anyfin Secures US$52 Million Funding to Accelerate Germany Expansion Plans

Anyfin, the Stockholm based startup that enables consumers to refinance existing loans and take control of their financial health, announced that it has secured US$52 million of fresh funding, bringing the total equity capital raised by the firm to US$101

Sweden

Sweden’s Minna Technologies Expands Footprint With London Hub

Minna Technologies, a Sweden-based subscription management tool for retail banks, announced that it is launching a London-based hub. This move comes on the heels of a recent partnership with London-based open banking platform Bud. As part of the commitment to

Sweden

Neo Insurer Hedvig Closes U$45 Million Series B Ahead of European Expansion Plans

Nordic neo insurer Hedvig announces that it closed a US$45 million Series B funding round led by Anthemis following its recent launch into Denmark. The Series B investment was led by Anthemis Partner, Ruth Foxe Blader, and Managing Director, Matthew