Tagged: norway

July 2, 2018 @ 8:54 am By Samantha Hurst  |  

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

June 22, 2018 @ 7:44 am By Samantha Hurst  |  

Danish fintech Clearhaus announced on Thursday it has launched Apple Pay in its Norwegian Webshop. This news comes just a few months after the company revealed its support for the payment method. As previously reported, the company explained that Apple products have always been popular in the Nordics,… Read More

June 4, 2018 @ 8:59 am By JD Alois  |  

Norwegian Fintech Blockbonds has partnered with I&M Bank Rwanda on SPENN – a mobile banking app for both individuals and businesses. SPENN is said to be 100% “cost free” – including money transfers, cost free payments in stores and cost free cash out and deposit… Read More

September 9, 2017 @ 1:16 pm By Xu Gao  |  

Online Marketplace Lenders Banned from Lending to College Students in China On September 6th, Zhao Jianjun, deputy director of the Department of Finance at Ministry of Education, announced at a press conference that online marketplace lenders are banned from lending to college students in China…. Read More

June 5, 2017 @ 12:15 pm By JD Alois  |  

      LATTICE80 and Nordic Finance Innovation (NFI) have announced a new partnership to “bridge Asia and the Nordic’s Fintech ecosystems.” LATTICE80 is the creation of Marvelstone Group, a private investment firm.  The two entities signed a Memorandum of Understanding (MOU) to seal the… Read More

May 30, 2017 @ 9:22 am By JD Alois  |  

ID assurance provider Signicat, one of the largest identity assurance providers in the world, has launched MobileID, a mobile authentication product. In addition to offering financial service providers speedy onboarding and identity assurance using a number of digital identity plans, Signicat now also offers Strong Customer… Read More

April 27, 2017 @ 10:27 am By Samantha Hurst  |  

Norway-based fintech startup Tribe has reportedly received an investment from independent management and technology consultant, BearingPoint. According to Tribe, the new investment will bring it and BearingPoint together and the duo will enter into a long-term partnership to expand each of their service portfolios. Tribe describes itself… Read More

January 10, 2017 @ 8:57 am By JD Alois  |  

Invesdor is reporting on progress in Norway.  The equity crowdfunding platform set up shop in Norway in February of 2016 becoming the first licensed platform to launch in the country.  All 3 Norwegian companies received investments from several countries notably from Finland, Sweden, and Germany…. Read More

August 31, 2016 @ 8:13 am By Samantha Hurst  |  

Earlier this month, Norway-based skincare brand, Bad Norwegian closed its funding round on Invesdor and raised 1,457,850kr, reaching 292% of the initiative’s original target amount (500,000 kr). The company is considered the second ever equity crowdfunding success in Norway.  Bad Norwegian, which was founded in 2011, offers up… Read More

August 25, 2016 @ 8:17 am By JD Alois  |  

Cloud Solutions, a Norwegian Insurtech company, recently raised equity capital on Invesdor’s crowdfunding platform. The offer was over-subscribed and the success is being attributed, in part, to the integration of Signicat technology. Finland-based Invesdor explains that due to equity crowdfunding regulation that mandated know your customer… Read More

July 25, 2016 @ 3:43 pm By Samantha Hurst  |  

With less than week until its Invesdor crowdfunding campaign comes to an end, Norway-based skincare brand, Bad Norwegian has successfully secured its initial 500,000kr funding goal and is currently nearing 750,000kr. The company previously extended its initiative due to the fact that larger investors were not able to… Read More

February 18, 2016 @ 6:42 am By Erin Hobey  |  

Invesdor officially initiated its operations in Norway with a Norwegian-based equity offering, insurance sector software platform Cloud Insurance. The launch will officially be announced and the crowdfunding round will open at the TechLive! Financial Disruption event in Oslo today. “Until now, Norwegian companies have had no way to raise funds in… Read More

January 22, 2016 @ 8:03 am By JD Alois  |  

TrustBuddy, a publicly traded peer to peer lending platform, filed for bankruptcy in October of 2015.  This event occurred soon after it was revealed that management had uncovered “suspected misconduct” regarding the operations of the firm. Once the announcement of financial irregularities hit, it was… Read More

December 13, 2015 @ 7:58 pm By Dan Hesketh  |  

After a 2-month campaign Someone.io closed it’s equity crowdfunding campaign on FundedByMe. By the end of the campaign 45 investors had purchased 12.8% of the company for €129,508. Following a team debriefing session, the group decided to share some of their findings. Someone.io feels that as… Read More

December 3, 2015 @ 11:26 am By Samantha Hurst  |  

On Thursday, Finnish investment and asset management company, Trevian, announced that it is teaming up with H.I.G. as the company acquires a retail portfolio in Norway. This portfolio consists of 16 predominantly grocery store anchor retail assets. Trevian will act as a local asset management… Read More

November 13, 2015 @ 10:40 am By Samantha Hurst  |  

This week, crowdfunding platform, Tilt, announced it is making the final preparations to launch globally starting in November by hitting five additional international markets by early 2016. Tilt, which was founded in 2012 by James Beshara and Khaled Hussein, recently placed a foothold in the European market… Read More

June 16, 2015 @ 12:03 pm By Samantha Hurst  |  

Continuing its global expansion, crowdfunding giant Kickstarter announced that it has opened shop for five European countries: Austria, Belgium, Italy, Luxembourg, and Switzerland. Kickstarter revealed on Tuesday: “We’re thrilled to announce that Kickstarter is now available to creators in five more European countries: Austria, Belgium,… Read More

June 10, 2015 @ 2:41 pm By Samantha Hurst  |  

Kuddle, a Norwegian-based picture sharing app for kids, has opened a second equity crowdfunding campaign on Fundable to raise $1.3 million dollars to continue its global expansion. This new campaign comes nearly six months after its first initiative surfaced on the platform. As previously reported, Kuddle… Read More

May 20, 2015 @ 9:03 am By Samantha Hurst  |  

Earlier this week, crowdfunding giant Kickstarter announced that it was ready to open its doors to Spanish inventors that are looking to crowdfund for their projects. The platform revealed in its blog: “We’re so excited to announce that Kickstarter is now open to Spanish makers,… Read More

May 11, 2015 @ 11:10 am By Samantha Hurst  |  

On Monday, Kickstarter announced that it is ready to open its doors for inspired French inventors. The crowdfunding company stated: “We’re so excited to announce that Kickstarter is now open to French makers, innovators, filmmakers, chefs and creators of all types! French creators can start building… Read More