Nordic Fintech Highlights – April
May is here, and it comes with two things the Nordics take seriously: Eurovision and fintech strategy. While Europe gets ready for Eurovision next week, we are also preparing for the Nordic Fintech Summit, the region’s main stage for financial innovation.
And just like Eurovision, the Nordic Fintech Summit comes with its own side program worth tuning into. It all begins with intimate roundtable discussions and reaches its high point with the legendary Karaoke Party, where Eurovision songs are sure to make an appearance.
And what is the perfect way to end the week? Of course, with a Morning Swim and Bada Bastu sauna session.
If you have not secured your ticket yet, no worries. You can still register and get a 200 euro discount using the code BADABASTU.
P.S. Follow us on social media where we will also share the podcast version of these highlights.
April updates
Funding
Fintech funding activity picked up noticeably this month. Leading the way, SME financing specialist Froda raised €20 million to expand its embedded lending services. In addition, several early-stage deals were announced, including three notable insurtech rounds, indicating increased investor appetite.
Partnerships
Tietoevry continued to build momentum in Norway, securing multiple new deals with local banks and reinforcing its stronghold in the region. Meanwhile, the payments sector remains active, with companies forming new partnerships across tech stacks, particularly in account-to-account (A2A) payments, which continue to attract investment and innovation.
Banks
Nordic banks faced headwinds from ongoing market volatility, driven by tariff tensions and shifts in interest rate policy. Despite the turbulence, Q1 earnings were solid, and stock prices rebounded by the end of the month. Notably, Danske Bank announced a new partnership with Swedish ESG software provider Position Green, highlighting the sector’s continued focus on sustainability.
Have a look at the news from April below and stay tuned for more!
You can find all the monthly Nordic Fintech updates from the past over here.
Country specific news
Finland
Sortter launches credit card comparison as part of its financial comparison services
Allshares Acquires Bolago to Strengthen Global Leadership and Expand Equity Management Offering
Bankify Ltd and fulfin Announce Strategic Partnership to Automate Early Debt Collection
Enable Banking has partnered with ResultElf
Tietoevery signs partnership deal with Version 1
Finnish Wolt and Deutsche Telekom launch regional partnership to expand Wolt+ access
Nordea continues solid performance in Q1; the Nordics well equipped to navigate global shifts
Municipality Finance issues EUR 20 million notes under its MTN programme
Municipality Finance issues NOK 2 billion green bond under its MTN programme
Tietoevry Banking’s new insight-report reveals an increase in digital payment fraud in Europe
Norjan uusi pankkijätti ja Tietoevry yhteistyösopimukseen
Visma M2 ja Zevoy yhteistyöhön – kululaskujen käsittelyn kustannukset painuvat jopa puoleen
Denmark
Tenity invests in six fintech startups – including Plain and Frankly Insure
Danske Bank works with Position Green to strengthen ESG offering for business customers
Finance Denmark chooses SurePay to rollout nationwide VoP service
Nets wins issuing/processing deal with BluOr Bank
Danish Krone arrives on T2 and Tips
GRO and Kirk Kapital acquires leading provider of IGA cybersecurity software
Sweden
Froda raises €20m to scale embedded SME finance across Europe
Tenity invests in six fintech startups – including Sircular
Tillväxtbolaget secures SEK 120 million to enable faster growth on Swedish farms
Vantel raised $2M with Y Combinator, Rebel Fund, Inception Fund, and angel investors
Trustly launches biometric ID for faster, secure payments
Pointsharp acquires Vemendo to advance its growth strategy in Europe
Mangopay Selects Atlar to Power Its Global Treasury Management
Klarna and Clover ink in-store BNPL pact
TAP Air Portugal integrates Klarna’s flexible payments
eBay and Klarna expand partnership for flexible shopping in the US
Eurostar partners with Klarna to offer BNPL services
Kommuninvest selects Profile’s Finuevo Core banking platform
Visa Announces Investment in Mynt and Expanded Reseller Partnership Across Europe | Visa Navigate
Trustly signs A2A payment deal with Paytweak
Mollie expands to Sweden: marking its first step into the Nordic market
Norway
Aera Expands Nordic and European Payments Innovation with Swiipe Acquisition
Neonomics and Ovoro Partner to Enhance Crypto Investor Payments with Nello Pay
Iceland
Finshark selected Lucinity to provide its full compliance system
Future events
15.5. Nordic Fintech Summit 2025
Helsinki
22.5. Regulatory Roundtable
Helsinki
4.6. AML Arena 2025
Helsinki
4.12. Nordic Banking Forum 2025
Helsinki
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