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Nordic Fintech Snippets – February 2021

Nordic Fintech Snippets – February

February brought us plenty of great funding news, a few interesting new launches and clear signs of industry boundaries blurring.

The pace for the financial industry transforming in 2021 has been set high, and we are looking to discuss the topic more at Nordic Fintech Summit on March 17th. As a Nordic FIntech Snippets reader, you can join us with a 20% discount using the code ‘NORDICFINTECH’.

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.

Nordic highlights


Klarna is currently working on a new share issue which could value the start-up at triple its $10 billion valuation, somewhere between $25 billion and $30 billion.



Ageras Group, a group of companies offering mission-critical accounting software for small-to-midsize businesses (SMBs), has raised $73 million to continue expanding its ecosystem into the world of B2B FinTech, a press release says.



Furniture retailer Ikea is to acquire a 49% stake in Ikano Bank with the aim of offering a full suite of banking services instore and online.



Country specific news



BBVA sells Holvi back to its Finnish co-founder

Fellow Finance secures institutional backing for consumer loans

Selma Finance raises 3.2 million euros

Fintech Farm, Aktia, PostNord Strålfors, Veritas and Enfuce team up in an open innovation program to build new sustainable services

Wärtsilä and SEB in a ground-breaking test of secure data sharing

Cognizant pays a price for its acquisition in Finland



Subscription management scale-up Subaio gains a €4 million Series A investment

Accountancy Software Platform Ageras Group Raises $73M to Expand Its Ecosystem Further Into B2B Fintech

Nordic API Gateway lands nine new bank partners in Bankdata deal

Mymonii to secure funding of DKK5 million.



Lucinity partners with Neo4j





Klarna’s valuation set to triple to $30bln, says report

Ikea acquires 49% stake in Ikano Bank

Swedbank co-founds European Cloud User Coalition

Digital bank Northmill secures $30m for European expansion

Klarna opens first bank account; eyes $500 million fund raise

Billhop secures €4M Series A investment

Riksbank extends e-krona testing



Norwegian web browser Opera launches fintech “Dify” in beta

17 Norwegian banks choose TietoEVRY’s open banking service




Future events

9.3. Icelandic FinTech Investor Pitches -Born Global

17.3. Nordic Fintech Summit


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