Tag: Iceland

Adyen partners with Straumur to enhance payment processing in Iceland

Adyen, a global financial platform, has announced a significant partnership with Icelandic firm Straumur, a subsidiary of Kvika.

Iceland’s Arion Bank implements Lucinity to fight money laundering

Icelandic bank Arion Bank will implement the software of RegTech platform Lucinity to bolster its defences against money laundering.

Nordic FinTech investment doubled in 2021 to $3.2bn

FinTech deal activity in the Nordics last year set a new record surpassing 2018’s high of 127 transactions. Funding has grown by a compound...

Iceland supermarket rolls out interest-free BNPL product

UK supermarket chain Iceland is introducing an interest-free buy now pay later (BNPL) product for use in its shops due to the cost-of-living crisis.

Nordic FinTech Investment set to decrease in 2022

· FinTech investment in the Nordics for the first half of 2022 raised $1.2bn in total, a 20% decrease compared to H1 2021’s levels....

Iceland-based Lucinity scores $17m to bolster its anti-fraud services

Lucinity, which supplies banks with productivity tools to fight financial crime, has closed its Series B funding round on $17m.

FinTech investment in the Nordics projected to decrease 25% in 2022...

Nordic FinTech deal activity in Q1 2022 indicates another strong year for the region with total deal activity expected to rise 7%. Overall...

Iceland’s first challenger bank indó launches from stealth

Icelandic FinTech company indó has launched from stealth after the close of its seed round on $4.5m. This is the first challenger bank to emerge...

Rapyd snares $300m Series E to accelerate growth and acquisitions

US payments network Rapyd has secured $300m from a Series E funding round led by Target Global.

FinTech funding in the Nordics is up 3.5x in the first...

FinTech companies in the region raised over $1.1bn in the first quarter of the year with Klarna closing a massive investmentThe FinTech industry in...

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