Finaro taps MultiPay to boost payment acceptance in Nordics and UK
With the new solution, both firms aim to “simplify the disjointed payments landscape” in the Nordics and UK.
Norway
The latest fintech news, resources and expert analysis in Norway by FinTech Futures, the leading intelligence provider for the worldwide fintech community.
P27 Nordic Payments withdraws clearing licence application, leaving the project’s future unclear
P27 says “new requirements and regulations” have challenged its operating model.
Norwegian B2B paytech Two nabs €18m Series A funding
The Series A funding brings the total capital raised by the firm to €28 million.
Lunar lands €35m in fresh funding to boost Nordic expansion
Most of Lunar’s existing investors took part in the funding round, the neobank says.
Nordic bank DNB automates chat traffic with Boost.ai virtual agents
The bank says deploying Boost.ai’s solution has led to an increase in customer satisfaction scores.
Accounting automation platform Vic.ai bags $52m Series C funding
With the new funding, Vic.ai plans to introduce a host of new features on its platform.
Conversational AI firm Boost.ai hires Jerry Haywood as new CEO
Haywood joins from LivePerson and succeeds Boost.ai founder and current CEO Lars Ropeid Selsås.
Nordic firm Axo snaps up digital credit-scoring platform Defero
Defero’s CEO will join Axo’s group management team following the transaction.
Norway’s Signicat buys UK anti-fraud firm Sphonic
The company aims to be the go-to provider for digital identity and anti-financial crime services across Europe.
Norway’s Signicat boosts management team with several new appointments
Signicat CEO says: “We now look forward to the next phase of our international expansion.”
Lunar set to acquire Norwegian digital bank Instabank for €132m
Founded in 2016, Instabank claims more than 60,000 customers in Norway, Finland and Germany.
Lunar lands €70m Series D extension round, launches crypto platform
Lunar CEO says the new funding will enable the firm to continue carrying out its Nordic expansion plan.
Danish neobank Lunar welcomes new investor – Hollywood actor Will Ferrell
Actor “excited to take part in Lunar’s mission to give people more power from their money”.
Danish digital bank Lunar taps Thought Machine for Vault core banking solution
Lunar says it is building the “go-to app” for banking, payments and investments in the Nordic region.
Significant shifts in consumer behaviour create unique opportunities for Nordic merchants
With the steady decline of cash in the Nordics, it is increasingly vital for businesses to provide digital payment options.
DNB Bank picks Fenergo to provide CLM solutions in multi-year project
Norwegian banking group plans revamp of currently manual processes.
AI accounting platform Vic.ai lands $50m in Series B funding round
The funding round, led by ICONIQ Growth, brings the fintech’s total capital raised to $63m.
Signicat acquires e-signature firm Dokobit
The deal is Signicat’s third acquisition this year and fourth in two years.
Signicat acquires Spanish video identity firm eID
Norwegian vendor pulls the acquisition trigger after four years of partnership.
Danske Bank to merge MobilePay with Nordic payment apps Vipps and Pivo
The parties say they have joined forces to “strengthen product development and innovation”.
Exclusive: Unite Global secures second $5.25m investment from Svea
Svea exercised an option to increase its holding from 4.95% to 9.91%.
Video: pick of the week – Tink and AmEx team up; Commerzbank agrees 10,000 job cuts
A top pick of stories from the world of finance and tech in bitesize video format, twice a week.
Tink and American Express sign European open banking deal
New AmEx customers will “seamlessly connect” to their accounts.
Nordea core banking chief Joseph Edwin leaves after six years
Joseph Edwin steps away from Nordic giant after many years leading major change.
Santander launches Prosper open banking-powered PFM app
Roll-out of Prosper has already started in Denmark.
SEB signs Google Cloud partnership extension
SEB to deploy Google services across wider segments of the bank.
Nordea to deploy AxiomSL’s RegCloud for regulatory reporting
Scandinavian bank aims to meet Finrep, Corep, AnaCredit, and SHSG requirements.
Web browser Opera hires ex-PayPal and Tencent exec to lead new fintech arm
The new EVP likens Dify’s potential to PayPal’s market disruptor status.
Norwegian web browser Opera launches fintech “Dify” in beta
Opera made two fintech-focused acquisitions last year.
Swedish neobank Northmill raises $30m to power European expansion
The first stop along the way is a new product launch in Norway.
Nordic challenger Lunar lands $47m Series C
The round arrives just seven months after its €20 million Series B extension in April.
Lunar picks Nordic API Gateway to enable account aggregation
Danish challenger bank claims to be pioneer with new service.
Web browser Opera to buy digital challenger Fjord Bank
In December 2019, the digital challenger landed a specialised bank licence.
Norway’s Husbanken selects Temenos Transact
The Norwegian state housing bank replaces legacy tech with Temenos.
Challenger bank Lunar partners with Danish esports firm Astralis
Denmark and Sweden lead European esports usage.
Nordea-backed subscription manager Subaio lands challenger bank Lunar
The Nordic bank has 150,000 customers.
Anyday and Clearhaus to take on payment giants in Norway and Spain
“We’re ready to take on the giants,” says Anyday’s CEO.
Nordic API Gateway lands $5m from Danske Bank and DNB
The fresh capital will initiate an “aggressive growth” plan to achieve pan-European coverage.
Nordea helps suppliers to get paid early amid coronavirus
Suppliers will benefit from “several hundred million euros” early.
Nordic challenger Lunar adds $21.6m to its Series B
Monzo’s former head of product Ole Mahrt will also join its board of directors.
