Nordic Fintech Highlights – November
November is now wrapped up, and it was a full month for the Nordic fintech scene. Web Summit, Slush, new partnerships, funding news and even one new Nordic fintech unicorn.
This is also a good moment to share how we see Nordic Fintech Highlights evolving. The Highlights lives throughout the year through monthly reports, the podcast and other content, following the companies and developments shaping the industry. We are gearing up to produce even more timely updates, and in the spring the Highlights will take a more visible form at our flagship event, the Nordic Fintech Summit.
Next May we will have a dedicated Highlights stage, where we bring on stage the most interesting companies and cases from across the Nordic fintech industry.
So, what are you waiting for. Save the date. The Nordic Fintech Summit takes place on 20–22 May 2026, and it will be our strongest edition yet.
November updates
In terms of the number of announcements, November was quieter than previous months, but the news that did surface was significant and worth following closely.
Funding
Flatpay secured 170 million USD in Series C funding at a 1.7 billion USD valuation, officially joining the Nordic unicorn club. Denmark also delivered two smaller but interesting rounds: Sumary raised 4.2 million USD in pre-seed funding, and Contribe announced a new capital injection to support its growth plans.
Partnerships
Klarna dominated the partnership news again, teaming up with Marqeta to launch a card in 15 new European markets. Vipps MobilePay added Klarna as a payment option in its wallet and also confirmed its participation in the EuroPA cross-border payments scheme. Enfuce teamed up with Swile to support its growth in Latin America.
Banks
On the banking side, DNB extended its collaboration with Tietoevry Banking to modernise its payment infrastructure. In Finland, Alisa Bank partnered with Sweden’s Bits Technology to strengthen its compliant onboarding processes.
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.
Country specific news
Finland
Alisa Bank selects Bits Technology to power compliant onboarding and drive strategic expansion
DNB extends partnership with Tietoevry Banking to modernise its payment infrastructure
Nordic business software companies unite as Finago, with joint product suite
Tietoevry changing gear for the next chapter as Tieto
The biggest fintech companies and startups in Finland
Denmark
Cegid Acquires Shine to Become Europe’s Next Financial Copilot
Dutch FinTech POM strengthens European position through acquisition of Denmark’s FarPay
Danish Contribe adds $500K to pre-seed round to fuel global expansion of donation-driven commerce
Flatpay joins unicorn club after raising $170m
Sumary raises $4.2M to bring AI superpowers to bookkeepers and finance teams
Performativ Unveils Custom AI Agents and AgentKit Builder for Deployment in Financial Institutions
Sweden
Klarna now available on Apple Pay in Denmark, Spain, and Sweden with France to follow
Klarna set to take off with Lufthansa
Klarna taps Marqeta for debit card expansion into 15 new European markets
Klarna available directly in the Vipps MobilePay Wallet
Norway
Norwegian Block Exchange acquires 50% of Flip App to bridge crypto custody gap
Vipps MobilePay launches tap to pay across the Nordics
Vipps MobilePay joining the Euopean instant payments platform
Future events
4.12. Nordic Banking Forum 2025
Helsinki
12.12. AML Teams in 2026 and the Changes Ahead
LinkedIn Live
26.3. AML Arena 2026
Helsinki
21.5. Nordic Fintech Summit 2026
Helsinki
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