Last week, we brought together fintech entrepreneurs, investors, and bankers at the Helsinki Fintech Loop, a Slush after-party. It was an unforgettable evening, sprinkled with tips from our event partners on how to scale your fintech globally. Take a look at the vibrant atmosphere and valuable tips right here.
It’s time to unwrap what happened in fintech and finance in the Nordics in November. You can also check our monthly podcast with Fintech Daydreaming where we dig into some of the most interesting news from October.
The number of funding rounds remained on the “new normal” level, but due to most of the activity being in early-stage rounds, the total value has been decreasing.
Lassie, the digital pet insurance company, secured the biggest round at €23M.
Impact was once again on the investor radar as Eliq raised €10M.
Enfuce did an extension to their C round and got Visa on board as an investor.
Open Finance keeps on moving forward in various fields as companies such as Froda, Monthio, e-Boks and Openpay are establishing partnerships to make payments and financing easier.
Biometrics stayed in the headlines and this month it was Fingerprints’ turn in the spotlight.
Klarna kept on conquering the world through new deals with Walmart Canada and Cathay Pacific.
Banks are focused on providing value to customers, particularly in the area of financial well-being in collaboration with fintech companies.
Savings Banks in Finland have joined forces with Tink, utilizing their money management tools to assist consumers in financial distress.
On the same path, SEB has partnered with Insurely to offer customers a comprehensive overview of their pension savings.
In addition, SEB has embraced new KYC technology from Singapore-based Blacksmith, automating data collection and enhancing its efficiency.
Have a look at the news from November below and stay tuned for more!
You can find all the monthly Nordic Fintech updates from the past over here.