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Nordic Fintech Snippets – August 2023

Nordic Fintech Snippets – August

As we welcome the beginning of September, it’s time to reflect on the exciting industry news that unfolded in August. As we can see, the industry is clearly getting back from summer break and gearing up for the second half of the year. Compared to July, there’s a definite rise in the number of funding rounds and announced partnerships, which is a positive sign for the autumn to come.

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

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

 

This is Nordic Fintech Snippets, the combined effort of all the Nordic Fintech Hubs, sharing the most important and latest news in fintech and digital finance from each country.

Country specific news

 

Finland

Finland’s Starcart raises €3.5M to put all your online shopping in one basket

Basware commits to support electronic invoicing in France

Membrane Finance Brings the First Euro Stablecoin to Solana – Along With Card Payments

TA and Warburg Pincus acquire majority stake in Epassi Group from Bregal Milestone

Mangold Fondkommission partners with Crosskey

OP Financial Group will begin an extensive cloud migration and utilise cloud services built on Microsoft in Finland

Verifone selects ReceiptHero for global roll out

Savings Bank Group Partners with Samlink for Cloud-based IT Modernization

Savings Banks Group Finland to renew lending platform with Tietoevry

Yonoton x Viva.com

Municipality Finance issues a GBP 25 million tap under its MTN programme

Katalysen Ventures announces deal with fast-growing digital forensics company VALEGA Chain Analytics

 

Denmark

TaxHelper Raises DKK 5,2 Million for Customer Growth

Tradeshift Raises $70 Million, Launches Financing Joint Venture With HSBC

ZTLment raises undisclosed amount in Early VC

Danske Bank joins DMALINK FX ecosystem

Lunar Removes Deposit Limits with Monthly Returns

Strengthening Our Path to Leadership: Acquisition of Quickorder and Weorder

 

Sweden

Lisa& secures an unannounced amount in early VC funding

MasterExchange scores $2.7M for its platform that lets anyone invest in the songs they love

Brite Payments launches instant payments and payouts in Denmark

Zettle by PayPal adds Tap-to-Pay on iPhone for UK users

Zorrz partners with Sileon for BNPL

Trustly acquires SlimPay

Trustly partners with Sergel

Trustly partners with Station Casinos

Trustly acquires SEK 515M in Growth Equity VC from Nordic Capital

Klarna’s Open Banking platform to operate under its corporate brand

Swedish BNPL Klarna records further growth in European markets

Klarna eyes return to quarterly profit “very soon” after first-half loss shrinks

 

Norway

Glede raises NOK 6.5M in early VC funding

Handelsbanken Norway modernises wealth platform with Tietoevry

Reltime partners with GNB Swiss Investments

Axactor ASA: Successful placement of new senior unsecured bond issue

IDEX Biometrics payment card solution gets full Mastercard certification

 

Iceland

Payday acquired by European software company Visma

 

 

 

 

Future events

 

 

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