Tag: Norway

Multiple central banks team with BIS on CBDC exploration

Central banks in Israel, Norway and Sweden will team with the Bank of International Settlements to explore how CBDCs can be exploited for international retail and remittance payments.

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....

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...

How Sparebanken Møre is using WealthMapper to lead wealth management in...

Sparebanken Møre, a Norwegian savings bank, hopes to become a leading player in the wealth management space. To achieve this, it is working with TietoEVRY and its WealthMapper solution.

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...

Buy now pay later startup Tillit to raise €2.5m as sector...

Norwegian FinTech startup Tillit is apparently about to raise €2.5m in a new funding round just as the buy now pay later industry is heating up.

Health insurance startup Safety Wing said to raise $8m in funding

Safety Wing, a digital health insurance platform based in Norway, has reportedly scored $8m in a capital injection.

FinTech investment in the Nordics set an all-time record in 2020...

Despite Covid-19, FinTech investment in the Nordics continued to go from strength to strength in 2020.

Norwegian Block Exchange completes €5.84m private equity placement

Norwegian Block Exchange (NBX) completed a NOK 60m (€5.84m) private equity placement from Pareto Securities, a leading investment bank in the Nordics.

Norway is in no rush to introduce digital currency as use...

While only 4% of transactions in Norway are conducted with cash, the nation's central bank is in no hurry to introduce a digital currency.

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