Tagged: nordea

Fintechs OP and Nordea Focused on Enhancing Payment Services in Finland

OP and Nordea are establishing a joint venture whose goal is to solve payment challenges domestically. The plan is to develop solutions for paying “by phone number and managing e-invoices that benefit both consumers and companies.” The solution is built to “be open to other… Read More

Nordea to Acquire Danske Bank’s Norwegian Personal Customer and Private Banking Business, Asset Management Portfolios

Nordea has entered into an agreement with Danske Bank to acquire its Norwegian personal customer and private banking business and associated asset management portfolios. The acquisition is an ideal strategic fit “for Nordea and will strengthen Nordea’s market position in Norway among household customers.” The… Read More

Sweden’s Nordea Finalizes Acquisition of Digital Pension Broker Platform Advinans

Nordea has completed the acquisition of the Swedish digital pension broker platform Advinans, following receipt of the regulatory approvals. The acquisition reportedly “strengthens Nordea’s life and pension offering in Sweden and accelerates the bank’s strategic ambitions within savings.” The acquisition of Advinans fits well with… Read More

Nordea Partners With The European Investment Fund to Introduce Guaranteed Lending Solutions For SMEs

    Nordic banking group Nordea announced earlier this week it has partnered with the European Investment Fund (EIF) to guarantee lending solutions to small businesses. Nordea reported that the European Fund will provide it with €700 million in guarantee capacity for 2021. The guarantee program… Read More

Nordea Plans: Aiming to Become a Net-Zero Emissions Bank By 2050

  Nordic banking group Nordea recently announced it has updated its plan to fully integrate sustainability into its business strategy with a long-term objective to become a net-zero emissions bank by 2050 at the latest. Nordea revealed in order to become a net-zero emissions bank by 2050, it has… Read More

Nordea Joins Partnership For Carbon Accounting Financial

  Nordic banking group Nordea recently announced it has joined Partnership for Carbon Accounting Financials (PCAF) in order to strengthen its work to track and measure its climate change risks and impacts. “Banks play a crucial role in combatting the impacts of climate change and enabling… Read More

Nordea Joins Forces With Tink to Enable Multi-Banking For Mobile App Customers

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Friday it has joined forces with Nordic banking group Nordea to enable multiple banking for mobile app customers According to Tink, the integration will deliver a personalized financial overview for the… Read More

Nordea Appoints Virgin Money’s Ian Smith As New CFO & Head of Group Finance

Finland-based banking group Nordea Bank announced on Thursday it has appointed Virgin Money’s CFO Ian Smith as its new CFO and Head of Group Finance. According to Nordea, Smith has an extensive background in the financial services sector in the UK and has held senior… Read More

Nordea Enters Into Agreement With Société Générale to Acquire All Shares in SG Finans AS

Finland-based banking group Nordea Bank announced on Thursday it has entered into an agreement with Société Générale to acquire all shares in SG Finans AS (SG Finans) and intends to combine the business with Nordea’s pan-Nordic finance company, Nordea Finance. The agreed purchase price for… Read More

Subaio Launches New Subscription Management Service at Several Nordic Banks

Subaio has launched its subscription management service at several Nordic banks, including Bulder Bank, a new challenger bank. The Subaio product provides users an overview of their subscriptions and the recurring payment schedules. The solution allows users to make changes to their subscriptions or cancel… Read More

Nordea Announces Investment in E-commerce Startup Mondido

Nordea Bank recently announced ith as invested in e-commerce startup, Mondido. Founded in 2014, Mondido claims it offers a simple and fast way to start accepting payments on websites and mobile apps while offering features for analyzing and increasing sales. “Merchants and web shops can… Read More

Fintech Friendly Bank Nordea May Get Sucked into Money Laundering Scandal

Nordea Bank may be the next Scandinavian bank to get sucked into the money laundering scandal. Bloomberg is reporting that an upcoming broadcast that may reveal more details on money laundering have caused shares to drop. Apparently, a broadcast that will air by tomorrow will… Read More

Nordic Healthtech Naava Crowdfunds on Invesdor in Advance of Expected IPO

Nordic healthtech company Naava is looking to raise up to €2.5 million on Finland based Invesdor crowdfunding platform. The company recently said this funding is in advance of a planned initial public offering (IPO) that management intends on pursuing around 2020 or 2021. This is not… Read More

Nordea Announces Roll Out of Google Pay

European financial group Nordea announced on Tuesday it has expanded its digital payment offering by adding Google Pay. According to Nordea, customers in all Nordic countries can now use Google Pay at contactless payment terminals and in apps and online stores. All Nordea’s consumer cards and Nordea First… Read More

Nordea Announcement: Open Banking Goes Live in Sweden

European financial group Nordea announced on Friday the launch of its open banking services in Sweden. According to the company, the open banking launch gives developers the possibility to begin building applications designed for both Finnish and Swedish customers. Nordea reportedly launched the Open Banking platform… Read More

Nordea to Acquire Gjensidige’s Banking Arm; Announces Partnership With Insurance Group

Nordea announced on Monday it has into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The company reported that it purchased the bank for an estimated cash consideration of NOK 5,500 million (€578 million), that will be adjusted for the… Read More

European Financial Group Nordea Announces New Collaboration With Invesdor

On Wednesday, European financial group Nordea announced it has formed a partnership with Invesdor to improve the availability of alternative financing solutions for Finnish growth companies. According to the duo, the market for digital financing services has grown in the Nordic countries in the past few… Read More

Sweden Banking Group Nordea to Roll Out New Payment Solution For Fitbit & Garmin Smartwatches

Sweden banking group Nordea announced on Tuesday it has launched a contactless payment solution through Fitbit and Garmin wearable devices. According to Nordea, this new service is part of an improved Nordea Wallet offering. It gives customers a quick, convenient, easy-to-use and safe way to pay… Read More

Sweden Banking Group Nordea Bans Employees From Trading in Cryptocurrencies

Sweden banking group Nordea announced this week that it is banning all of its approximately 31,000 employees from trading in cryptocurrencies due to high risk. The new ban will go into effect on February 28th. A Nordea spokesperson confirmed with Reuters that the bank believes that… Read More

Sweden’s Nordea Bank Launches Venture Fund For Fintechs


Earlier this week, Stockholm-based Nordea Bank announced the launch of its Nordea Ventures in order to make strategic investments in fintech start-up companies. According to Nordea, the Nordea Ventures will focus on investments offering mutual strategic value, scalable business models, and unique solutions. Investments are mainly, but… Read More

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