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Nordic Fintech Snippets – February 2023

Nordic Fintech Snippets – February

It’s time to wrap up what happened in the Nordic fintech and financial industry in February.

Like in January, the month was quiet in terms of investments. On the other hand, the partnership side was very active, especially in the field of payments, and Open Banking keeps providing news on a weekly basis.

Speaking of Nordic fintech – remember to check the upcoming Nordic Fintech Trends webinar that will this time focus on ESG & Data Screening.

We have also launched a new batch of speakers to our flagship event, Nordic Fintech Summit on May 11th.

“Last year was a great event, I look forward to coming back again this year.” – Sarah Häger, Enable Banking

 

Below you can find the industry highlights, including funding rounds, partnerships, acquisitions, and new launches.

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

Membrane Finance rolls out EU-regulated crypto stablecoin

Finnish fintech Saldo Bank launches banking operations in Lithuania and plans further expansion

Enfuce awarded contract by the State Treasury of Finland and Kela to deliver modern prepaid disbursement cards

Starcart and Enfuce revolutionise online shopping with embedded payments

NoCFO partners with Nordigen

Nokia Unveils Groundbreaking Sustainable Finance Framework

Nexi Digital Finland to advance digital payments in Europe

Mikko Ayub leaves his position as President and CEO of Aktia

 

Denmark

Lunar raises €35 million despite tough economic conditions

Mazepay Raises $4.3M to Expand Spend Management Solution Across Europe

Launching the Januar API for all customers

Visa, Lunar and Froda announce global partnership, and a groundbreaking new solution

 

Sweden

Double improvements to Scrive as they incorporate Finshark’s open banking tech

Denario selects Klarna Kosma’s open banking platform to expand its connectivity beyond Europe

Swedbank partners Immuta and launches the Enterprise Analytics Platform

TAPSTER signs a procurement agreement with Scandinavia’s largest bank NORDEA

Trustly and APEXX Global partner to offer modernised recurring payments experience

Trustly Partners With Bokadirekt – Enabling Instant Payouts for Over 20,000 Salons in Sweden

Klarna and Schufa launch six-month pilot project

Klarna adds Paris Hilton to its celeb roster with new campaign

Klarna posts $1bn annual loss, its largest ever

 

Norway

Blockchain firm Gateway.fm lands $4.6m in seed raise

Reltime offers a decentralised Web3 merchant payment solution

Neonomics launches open banking-powered Checkout solution in Finland 

Wealthtech Huddlestock acquires Dtech

Bricknode and Quantfolio team up to deliver digital wealth management tools to the advisory sector

 

Iceland

Icelandic neobank indó selects Lucinity for modern financial crime prevention

 

 

Future events

 

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