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Nordic Fintech Snippets – November 2022

Nordic Fintech Snippets – November

Welcome to our monthly industry review.

December is here, which means that the #1 banking event of the year is next week. Besides the excellent speakers from banks and tech companies, Digital Finance Forum also comes with the Finnish Fintech of the Year finals!

Get to know the finalists here. If you don’t have a ticket yet, you can still register for the event over here.

Below you can find the industry insights, 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



Coinmotion suspends co-operation with Finnish cryptocurrency lender

Enfuce wins ‘Mobile Payments Award’ at the prestigious FF Awards

Finnish student-led VC firm raises €2M on their way to building the next wave of Nordic Gen Z unicorns

This Finnish startup helps you save on your electricity bill, reduce emissions and earn money; Raises €800K

Holvi introduces virtual debit cards

Zevoy is now available in Latvia and Lithuania

Amsterdam’s Oneplanetcrowd and Helsinki’s Invesdor Group announce merger

Enable Banking has partnered with eTasku Solutions to bring the power of open banking to its accounting platform

Enable Banking joins Temenos Banking Cloud 

S-Bank taps Worldline for real-time fraud detection and prevention

Nordea partners Boost.ai for “chat-first” virtual agent drive



Scaleup Finance raises USD 8 million in record-breaking seed round

Danish financial edtech Female Invest buys trading platform Gaia

Pleo and TravelPerk team up for travel expense automation

SPENN and Mastercard partner

Danish national rail operator adopts SoftPOS tech from SoftPay and Nets

Jyske Bank Accused of AML Violations by Danish Regulators

Danish fintech Pleo cuts workforce by 15%

Impero A/S to raise DKK 7M in a Private Placement



Stockholm-based startup Atlar raised a $5 million (€5 million) seed round led by Index Ventures.

Swedish startup raises €4M pre-seed to launch the next generation e-Commerce data platform

Vaens and Astorya.vc back €1.1 million round for net zero insurance data startup Claims Carbon

Swedish fintech startup raises €758K in a pre-seed round

Swedish fintech Dreams pivots from consumer-facing to B2B

Klarna Adds Shop and Compare Tool in UK, Sweden and Denmark

SEB sets up new BaaS unit, SEB Embedded

Tink Launches Balance Check For Smoother Direct Debits

Zimpler expands its operations to Latin America

Fingerprints partners Tag Systems to launch biometric payment cards

Infineon partners Fingerprints to improve biometric payment cards

Viva Wallet partners with Klarna

Payer partners with American Express to accept B2B payments in the Nordics

Juni trims one-third of its workforce in second round of layoffs

Klarna Q3 losses double; forecasts profitability in 2023

The merger between Nordax Bank and Bank Norwegian has been completed



Stripe backer invests in $3.1M round of Oslo-based compliance automation startup Kosli

Kravia collects 41 million and negotiates with takeover candidates

Visma buys a Danish fintech company and continues its acquisition spree

Neonomics and Worldline sign long-term open banking partnership



Iceland’s largest telecom Síminn expands into payments through Enfuce’s Card as a Service

Arion Bank and Lucinity Join Forces in the Fight Against Money Laundering


Future events


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