Tagged: denmark

June 20, 2023 @ 10:58 am By JD Alois  |  

Froda is launching a card-based embedded lending solution in Denmark in partnership with digital bank Lunar and Visa. According to a public statement, the launch follows a successful test period, as the company strives to make it faster and cheaper for SMEs to access growth… Read More

June 9, 2023 @ 3:13 pm By Omar Faridi  |  

In recent years, Danske Bank has made fundamental changes to the bank, resulting in a more focused business with a reduced risk level and a strengthened organization. Simultaneously they have “focused on strengthening our commercial momentum, and Danske Bank is on a clear trajectory to… Read More

June 8, 2023 @ 2:17 am By JD Alois  |  

SaveLend Group has received regulatory approval from the Danish FSA (Finanstilsynet) to acquire Lunar Bank’s peer-to-peer lending business. According to a statement by SaveLending, the P2P business will now be migrated over to Savelend in the coming months. The acquisition includes all customer relations with… Read More

May 14, 2023 @ 2:07 pm By Omar Faridi  |  

Freepay has announced a collaboration with Finaro to strengthen its position in the Danish market as a payment provider (payment gateway). Through this collaboration, Freepay can now “offer a broader solution within online payments on various technical platforms, both physically and online, where card payment… Read More

May 12, 2023 @ 12:37 pm By Omar Faridi  |  

Neonomics, a Nordic open banking provider, has expanded the launch of their core open banking driven Checkout solution to the Danish market. This payment solution makes it easy for any business “to get started with account-to-account payments through a frictionless front-end user interface, delivering higher… Read More

April 19, 2023 @ 11:47 am By JD Alois  |  

Januar ApS is reporting that it has received its full Payment Institution license from the Danish Financial Supervisory Authority (DFSA). Januar says that the license will enable it to serve clients across the European Economic Area (EEA). The company shares that it has received “significant interest:… Read More

March 29, 2023 @ 8:35 am By Omar Faridi  |  

Inpay’s Annual Report for 2022, released at the company’s AGM in Copenhagen, Denmark, announced solid results “for the international payments firm and outlined plans for significant future growth within their UK office (London) and internationally across Asia, the Middle East and Europe.” As noted in… Read More

February 9, 2023 @ 10:36 am By Omar Faridi  |  

Mazepay, the Danish Fintech platform that simplifies long-tail procurement and B2B payments, has “raised a €4M growth round, led by Scale Capital.” Participants in the investment round “include international investment firm Hambro Perks, and London-based early-stage venture capital firm Outward VC. Mazepay will use the… Read More

December 20, 2022 @ 8:17 pm By Omar Faridi  |  

​BOKIS, a Danish payment and card company, and Nets, part of the Nexi Group, have entered into a new agreement that “runs until 31 December 2029.” BOKIS member banks will continue “to issue and process the Danish domestic card, Dankort, and international payment cards through… Read More

December 11, 2022 @ 11:39 am By Omar Faridi  |  

BNP Paribas Asset Management announces the acquisition of a majority stake in Danish natural resources specialist International Woodland Company (IWC). IWC is headquartered in Copenhagen and reportedly “has more than 30 years’ experience in providing investment management and advisory services within sustainable timberland investments, agriculture… Read More

November 1, 2022 @ 7:44 am By Omar Faridi  |  

Gillian Lynch, Head of Ireland and EU operations at Gemini, notes that the digital asset firm is pleased “to announce that individuals and institutions in Denmark, Sweden, Portugal, Czechia, Latvia, and Liechtenstein can now open a Gemini account to deposit, trade, and custody over 100 cryptocurrencies.”… Read More

October 31, 2022 @ 7:47 am By Omar Faridi  |  

Payer, the B2B technology company specializing in digital conversion, payments, and finance automation, with a mission to digitalize the B2B industry wherever payments play a central role, has announced that it will now facilitate American Express payments “across the Nordics in Denmark, Finland, Norway, and… Read More

October 25, 2022 @ 11:27 pm By Omar Faridi  |  

Baffle, Inc. announced that Saxo Bank is deploying Baffle Data Protection Services “to protect sensitive customer data, ensure compliance with stringent regulations, and support the bank’s migration to a highly scalable cloud and microservices architecture.” Saxo Bank will also be “integrating Baffle into its customer-facing… Read More

October 25, 2022 @ 3:57 pm By Omar Faridi  |  

Following a cyberattack that hit 7-Eleven at the beginning of August 2022, which initially took the chain’s payment and checkout systems out of operation, “a new mobile card payment solution was quickly rolled out in less than a day” through a collaboration with Nets and… Read More

October 24, 2022 @ 11:32 pm By Omar Faridi  |  

Danish Fintech startup, Ztlment, claims it is the “first” in Europe to gain a license that “lets it operate fully regulated payments on top of blockchain.” The company has “raised €1.3 million in pre-seed funding from venture funds specializing in fintech.” The startup’s smart contract… Read More

September 21, 2022 @ 8:34 am By Omar Faridi  |  

Aiia, a Mastercard company, and NORD.Investments are announcing a collaboration that will “enable quick, easy and secure top-up open banking payments in Denmark’s largest independent digital investment advisor platform.” Until today, NORD.Investments customers “experienced some challenges when adding funds to the investment platform, as the… Read More

September 14, 2022 @ 9:44 pm By Omar Faridi  |  

Copenhagen has a strong fintech ecosystem and a “leading” position among fintech hubs globally, according to an update from Mastercard (NYSE: MA). The hub connects both start-ups, established companies and organizations “focusing on innovation and new opportunities.” Mastercard is “committed to empowering the growing fintech… Read More

September 13, 2022 @ 11:06 pm By Omar Faridi  |  

In response to the growing drive for higher corporate governance standards – both globally and at a national market level – Broadridge Financial Solutions, Inc. (NYSE:BR)  announced it has “commenced live operations of its new ‘golden copy’ event notification and direct vote execution service for… Read More

August 28, 2022 @ 8:50 pm By Omar Faridi  |  

Ageras Group, based in Denmark, recently raised €35 million from CIBC Innovation Banking, according to a corporate statement. Ageras, launched in 2012, has broadened its services over time and now provides a “financial cockpit” for small businesses, including banking accounting, invoicing, payroll, and more. CIBC… Read More

August 11, 2022 @ 12:05 pm By JD Alois  |  

Ageras Group, based in Denmark, has raised €35 million from CIBC Innovation Banking, according to a corporate statement. Ageras, launched in 2012, has broadened its services over time and now provides a “financial cockpit” for small businesses, including banking accounting, invoicing, payroll, and more. announced… Read More