Tag: Sweden

Key Nordic FinTech investment stats in Q3 2023: • Nordic FinTech deal activity reached eight deals in Q3 2023, a 77% drop from Q3 2022 •...

Finnish FinTech company Saldo, a provider of loans to consumers and SMEs, is now poised to enter the banking services arena in Finland.

Key Nordic FinTech investment stats in Q2 2023: • Nordic FinTech deal activity reached 17 deals in Q2 2023, a 15% drop from the previous...

FinTech global recently sat down with Fredrik Davéus, the CEO and co-founder of financial analytics API developer Kidbrooke. During the discussion, Davéus explained why investment firms should implement digital channels.

Stockholm-based Bits Technology, which offers business and customer identity, has raised €4m in its seed funding round.

Open Payments, a Swedish FinTech company, has collected €3m in a growth funding round led by Industrifonden, Sweden's venture capital fund.

Focalpay, a commerce platform merging payment and retail functionalities, has bagged SEK15m in an investment round.

Klarna has reportedly suffered its biggest annual loss totalling $1bn, but its company is certain it is on track to return to profitability.

Swedish RegTech firm Acuminor has partnered with Algbra to roll out its risk assessment professional platform across the latter’s operations.

After a troubled start, BNPL giant Klarna has experienced strong momentum in the US market, with a 71% year-over-year growth in GMV and improved credit loss rates by 37%.