Nordic Fintech Highlights – January
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.
Funding
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.
Partnerships
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.
Banks
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.
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
Finland
AI market intelligence platform AlphaSense snags strategic investment from EDBI
Introducing Bridged EUROe to Scale Euro Liquidity
Vipps MobilePay launches in Finland
Tietoevry Secures Contract from Major Nordic Bank
Denmark
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
Saxo Bank appoints John Carmichael as Chief Risk and Compliance Officer
Sweden
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
Klarna CEO says company likely to IPO ‘quite’ soon
Swedish central bank files police report after IT firm hit by ransomware attack
Norway
Visa and TOMRA partner for sustainable recycling – Aarhus is the guinea pig
Iceland
Adyen forms partnership with Iceland’s Straumur
Future events
21.3.2024 Ajankohtaista EU Digital Finance pakettiin: Finanssimarkkinat ja kryptovarat
Helsinki
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