Tag: Sweden

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.

Majority bags $37.5m to expand banking offering to US migrants

Majority, a mobile bank for migrants, has scored $37.5m in a Series B funding round headed by Valar Ventures.

Bricknode bags loan to aid licenced brokerage subsidiary launch

SaaS financial services platform Bricknode has secured a SEK 5m ($470,000) loan to support its establishment of a licenced brokerage subsidiary.

Klarna launches new purchase history dashboard for UK customers

 Swedish buy now, pay later giant Klarna has launched a new feature for UK consumers that will let them see their full online purchase history, regardless of whether they are purchased using Klarna.

Findity receives SEK102m backing from Creades

Swedish investment firm Creades has invested SEK102m in FinTech firm Findity to become the company’s largest owner.

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....

Klarna blames worst market in 50 years for 85% drop in...

Swedish buy now, pay later giant Klarna has suffered a colossal downround, with its valuation dropping by 85% to $6.7bn.

Swedish WealthTech company Bricknode launches new portfolio management software application

Bricknode, a SaaS financial services platform, has launched a new portfolio management software application aimed at small family offices and corporate investors.

Swedish bill splitting app Steven exceeds crowdfunding target

Bill splitting app Steven has closed its crowdfunding campaign above its initial target of €600,000.

Bricknode sees itself as the SpaceX of the financial industry

Sweden-based Bricknode, a cloud financial services software company, sees itself as the SpaceX of the financial industry.

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