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Nordic Fintech Highlights – January 2024

Nordic Fintech Highlights | January 2024

Nordic Fintech Highlights – January

It’s time for the first highlights of 2024 – January saw a rise in the number of funding rounds, both compared to the previous month and January 2023. But before we dive into the highlights and analysis, here are a couple of important dates:


16.5.2024 | Nordic Fintech Summit 
#1 Nordic Digital Banking & Digital Payments event
The agenda will be published next week so stay tuned!

28.11.2024 | Nordic Banking Forum

The new home of the Nordic and Baltic banking pioneers

Check out all of our upcoming events and see you soon in Helsinki!

Meanwhile, iconicchain was crowned as the Finnish Fintech of the Year on January 25th.


January in brief

Let’s unwrap what happened in fintech and finance in the Nordics in January. You may also want to check out our podcast with Fintech Daydreaming, where we dive deep into a few specific monthly topics.


The number of funding rounds increased compared to the previous month and last January, although the round sizes remain mostly smaller.

AlphaSense, the first Finnish fintech unicorn, raised an undisclosed Series E round.

Nordic challenger banks continue to attract investments, and this time it was the Danish SME-focused bank kompasbank’s turn.



Nordic fintech companies continued to forge partnerships, this time extending beyond Northern Europe, unlike in December.

In terms of partnerships, Danish companies, particularly ZTLment, made a strong start to the year.

Biometrics remains a strong trend, particularly in the world of payment cards.


Danske Bank announced two new tech partnerships.

SEB, which has been strong in fintech partners, has announced a strategic partnership and investment in the digital mail service provider Kivra.

In Finland, OP Financial Group entered into a cooperation with WWF to promote biodiversity.

Nordic Fintech Highlights | January 2024 | Statistics

Have a look at the news from January below and stay tuned for more!

You can find all the monthly Nordic Fintech updates from the past over here.


Country specific news



AI market intelligence platform AlphaSense snags strategic investment from EDBI

Introducing Bridged EUROe to Scale Euro Liquidity

Vipps MobilePay launches in Finland

A sustainable economy depends on thriving nature – OP Financial Group and the WWF will begin cooperation to promote biodiversity

Tietoevry Secures Contract from Major Nordic Bank



Avallone raises EUR 3.7 million for continued development of KYC products and landing new customers

Kompasbank raises EUR 10 million for growth and a new business area

Danish fintech Safty raises DKK11.3 million

Danske Bank to enhance customer experience with new platform

Danske Bank contracts with Broadridge for new trading platform

Fireblocks selected by Januar for Institutional-Grade Wallet and Custody Infrastructure

Shift4 announces a partnership with MobilePay

Snabble partners with Softpay.ioS

ZTLment partners with deGrazie

ZTLment partners with Wede

Saxo Bank appoints John Carmichael as Chief Risk and Compliance Officer



Stella Capital and Spiltan Invest back Qvalia in investment round

Swedish SwiftCourt secures €2M seed for blockchain-powered peer-to-peer transactions

Fingerprints launches Smart´Nroll

Klarna to debut $7.99 monthly plan as buy now, pay later firm seeks new revenue sources ahead of IPO

Tink launches risk engine to unlock instant payments

Intergiro partners with Silverflow

SEB to enter into strategic partnership with Kivra

Surfboard Payments partners with Worldline

Sequoia partner Matt Miller appointed to Klarna board

Esmaeilzadeh Holding’s shareholders have approved the fully subscribed share issue of SEK 100 million

Klarna CEO says company likely to IPO ‘quite’ soon

Swedish central bank files police report after IT firm hit by ransomware attack



Visa and TOMRA partner for sustainable recycling – Aarhus is the guinea pig






Adyen forms partnership with Iceland’s Straumur





Future events

21.3.2024 Ajankohtaista EU Digital Finance pakettiin: Finanssimarkkinat ja kryptovarat


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