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Despite Covid-19, FinTech investment in the Nordics continued to go from strength to strength in 2020.
Icelandic challenger bank indó has inked a partnership with open banking and payments startup Enfuce, ensuring it can rely on the Finnish venture's compliance...
Finland-based Enfuce has provided its PSD2 compliance software to financial services group OP Financial Group to support compliance in the Baltic states.
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...
Swedish PayTech unicorn Klarna and Wirecard, the FinTech company, have launched a joint payment solution.
Open banking API developer Neonomics is set to launch a PSD2-based payment solution in Finland in partnership with Kivra, a digital mailbox.