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Despite Covid-19, FinTech investment in the Nordics continued to go from strength to strength in 2020.
Danish challenger bank Lunar has raised a €40m Series C round and is planning to go into the buy now, pay later market.
Danish cybersecurity startup LogPoint has reportedly collected $30m for its Series B, which will support the company’s next growth phase.
Denmark-based Keepit has closed a $30m investment from One Peak, which is allegedly the largest SaaS investment into a bootstrapped company in the Nordics, Crunchbase claims.
Nordic challenger bank Lunar has signed a deal with Subaio which will see it help the neobank's premium customers manage their subscriptions.
On the back of closing a €1m seed round, Icelandic challenger bank indó is almost ready to go live.
The challenger bank industry in the Nordics has taken another step forward with Rocker tapping Enfuce, the Finnish FinTech startup, to enable it to issue Visa cards and process payments.
The Nordics are already at the forefront of cashless payment solutions. Now social distancing rules have fuelled the growth of contactless payment by 12 percentage points in the region in the first four months of 2020, according to payments company Nets.
FinTech companies in the Nordics raised $321.6m in the first quarter of the year with Klarna and Tink closing large investments The FinTech industry...
Challenger banks in the Nordics are on the rise with Danish Lunar being the latest neobank to fill its coffers.