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Nordic Fintech Snippets – March 2021

Nordic Fintech Snippets – Funded in March

In March, every single Nordic country saw some significant funding rounds in fintech companies. So significant that Klarna has become the Nordic’s third most valued bank, right after Nordea and DNB.

Besides the impressive news, please also have a look at the event section at the bottom. There are several online events in April, including the first edition of the regular Nordic Fintech Trends series.


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



Enfuce has raised €7 million in Series B funding, including a €5 million investment from Chinese behemoth Tencent

ePassi acquires two key players to cement its position as Nordic champion for employee benefits with nearly 1.5 million users

LVS Brokers listed as the fastest-growing Nordic fintech company by Financial Times

LocalTapiola expands the use of cloud services together with TietoEVRY worth €45 million

Nordea selects AxiomSL to automate regulatory reporting in Nordic countries



Danish challenger Kompasbank lands banking licence – FinTech Futures

Kompasbank closes $22.5 Million Series A funding round

Capdesk raises £5m Series A extension led by Fidelity International Strategic Ventures

New enterprise blockchain Concordium raises $15 million

Nordic Fintech Report [EN] – Copenhagen Fintech



Digital banking solutions provider Meniga closes additional €10M investment

Íslandsbanki launches carbon tracking app



Klarna’s $1 billion funding round is valuing the Swedish firm at $31 billion

SEB leaps onto Google Cloud

Swedish fintech Zaver raises $5M to bring cardless payments and BNPL to ‘durables’ sector

Tink named a Leader by independent research firm in open banking vendor evaluation

Finansinspektionen clarifies obligations for third-party payment service providers



Opera Hires PayPal’s Former Exec as New EVP for Its Fintech Arm Dify

MiraiEx raised NOK 5 million in a round led by Skyfall

Horde raised NOK 25 million via Dealflow.



Future events

14.4. Nordic Fintech Trends – Denmark

14.4. Meet & Greet with the Finnish Fintech Community

22.4. Helsinki fintech meets Luxembourg


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