Tagged: nordics

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

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

March 21, 2023 @ 8:47 am By Omar Faridi  |  

Mars Growth Capital, a joint venture between MUFG and Liquidity Group, announced their first Nordic deal, with a $5 million funding in Kognity, an edtech company headquartered in Sweden. Kognity offers a digital teaching and learning platform “used by more than 140,000 students in 1,300… Read More

March 14, 2023 @ 11:15 am By Omar Faridi  |  

SEB is entering a strategic partnership with the insurance provider Hedvig, a Nordic insurtech-company within property insurance for private individuals. As part of this, SEB Venture Capital is “making a strategic investment in Hedvig in conjunction with a financing round led by Adelis Equity.” Jonas… Read More

February 14, 2023 @ 9:01 am By Omar Faridi  |  

The Nordic fintech company Lunar, which is a modern alternative to traditional banks, raises 35 million EUR “to invest in and develop the business and reach profitability even faster.” Founder and CEO of Lunar Group, Ken Villum Klausen, says: “The capital markets that we and… Read More

January 18, 2023 @ 11:55 am By Omar Faridi  |  

“Pioneering” issuer processing powerhouse, Enfuce, announced a new partnership with Orka Ventures, the Nordic-Czech fintech holding company, “to launch Orka Card, a new consumer lending card and mobile app that challenges the traditional understanding of ‘Buy Now Pay Later’ (BNPL) lending.” Until now, Orka Ventures… Read More

December 4, 2022 @ 2:51 pm By Omar Faridi  |  

Nordic open banking provider, Neonomics, has decided to support UNICEF Norway in order “to make donating this holiday period easier and more secure by harnessing the power of open banking payments.” The holiday period is “the most important time of year for charities, but with… 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 @ 11:17 pm By Omar Faridi  |  

After delivering some innovative solutions for FedNow in the US and MEPS+ in Singapore, PaymentComponents delivers a P27 solution for the Nordics. Enhancing its Finaplo Financial messaging solution with P27 payments “allows banks in the area to alleviate the burden of transitioning to this new… 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

August 24, 2022 @ 11:29 pm By Omar Faridi  |  

SEB (Skandinaviska Enskilda Banken AB) is recruiting Nicklas Lundh, from the Swedish Police, and Ravi Shankar Sharma, Head of Intelligence Development, Investigations and Analytics at Nordea, to jointly “lead a new Financial Intelligence unit within SEB’s Financial Crime Prevention unit (FCP).” Nicklas Lundh and Ravi… Read More

August 21, 2022 @ 5:37 pm By Omar Faridi  |  

Enfuce is pleased to confirm an extended partnership with Mastercard (NYSE: MA) in order to expand the company’s Card as a Service platform in the Nordics. Through the partnership, Mastercard powers Card as a Service “with tokenized multi-currency BINs in the Nordics, enabling Enfuce’s customers… Read More

July 11, 2022 @ 8:15 am By Omar Faridi  |  

Via Enfuce’s “turnkey” service, NBX can offer credit and debit cards “with loyalty-boosting crypto rewards.” NBX, which claims to be the “leading” Nordic crypto exchange, has selected Enfuce, one of Europe’s major Fintech companies, “as its card service provider.” The partnership allows NBX “to offer… Read More

June 26, 2022 @ 11:01 pm By Omar Faridi  |  

Surecomp recently announced that two financial institutions have subscribed to its newly launched RIVO platform “for collaborative trade finance.” DZ Bank is the first bank “to sign-up, alongside the leading provider of guarantee insurance in the Nordics.” Frankfurt-based DZ BANK – which also acts as… Read More

May 19, 2022 @ 11:34 pm By Omar Faridi  |  

Upfin says it is here to support “exceptional” fintech founders with capital, deep industry expertise, and a network within financial services. Upfin is led by a team “with extensive experience founding, operating, and supporting fintech.” At first closing Upfin is “backed by a sovereign wealth… Read More

May 18, 2022 @ 2:04 am By Omar Faridi  |  

Mindtree (NSE: MINDTREE), a global tech services and digital transformation company, and Finastra, a financial technology provider, has announced a partnership to bring Finastra’s Fusion Payments To Go payments technology “to banks in the Nordics, the UK and Ireland, as a managed service.” As part… Read More

March 29, 2022 @ 10:37 am By Omar Faridi  |  

Nordic Fintech challenger Lunar has reportedly made a cash offer valued at €132 million in order to acquire all outstanding shares of Norway’s virtual banking platform, Instabank. Established back in 2016, Instabank currently serves over 60,000 clients based in Norway, Finland and Germany with secured… Read More

March 23, 2022 @ 1:18 am By Omar Faridi  |  

The Nordic-based payment service provider Avarda has reportedly chosen European open banking provider Aiia, a Mastercard company, in order to support open banking payments via its white-label payment solutions for an extensive range of retailers and merchants. Supported by the Mastercard global Open Banking platform,… Read More

November 1, 2021 @ 7:51 pm By Omar Faridi  |  

The Board of P27 has reportedly appointed Paula da Silva as the new CEO of P27 replacing Lars Sjögren. As mentioned in the announcement, Paula is expected to start on January 17, 2022, while Claus Richter, Deputy CEO of P27, will be taking the interim… Read More

October 19, 2021 @ 9:47 pm By Omar Faridi  |  

TietoEVRY is announcing its new strategy to promote better customer value and growth via specialization. The technology industry is being transformed with the Cloud as the foundation, offering expansion opportunities for the firm. Expansion will mainly focus on Cloud-native services, data & software engineering and… Read More