Tag: Sweden

Why investment firms should implement digital channels

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.

Customer identity RegTech startup Bits Technology secures €4m

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

Swedish FinTech Open Payments raises €3m growth round

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

Swedish PayTech Focalpay lands SEK15m

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

Klarna reports $1bn annual loss

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

Algbra partners with Acuminor to boost anti-financial crime offering

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

BNPL giant Klarna makes it big in the US

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%.

Anyfin secures €30m to help people refinance existing loans

Anyfin, which helps consumers refinance existing loans, has raised €30m for its Series C funding round.

Brokerage-as-a-service platform Bricknode secures SEK 2.5m loan

Bricknode, a brokerage-as-a-service platform, has secured a SEK 2.5m ($2.3m) loan from its founder and co-CEO Stefan Willebrand, co-CEO Erik Hagelin and Chairman Robert Lempka.

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...

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2023 with details on each solution

120,000+ FinTech leaders get exclusive industry stories delivered every week