Fintech

The world’s largest start-up festival, Slush will take place in Helsinki on November 16-17, but Slush isn’t just the official single event. Slush Week, running from Nov 14-18, is loaded with a good variety of Side Events. Plus, and even no Slush Pass will be needed to access many of these events. Side Events are the perfect way to get …

Inpay, a Copenhagen based fintech, has been named the fastest growing company in Denmark out of millions of enterprises in the annual FT1000 business rankings. The company was also recognised as the sixth fastest growing fintech in Europe, and entered the ranking at as the 87th fastest growing company in Europe, the highest position a Danish company has ever reached. …

With Chilean insurance tech startup Betterfly now sharing prestigious unicorn status with fellow portfolio company, Esusu, Norwegian VC Katapult has gained its second accelerator-bred impact unicorn in one week. Katapult first discovered and invested in Betterfly at the early Seed stage in mid-2019 with further investment via their follow-on fund in mid-2020. With Betterfly already reaching Unicorn status and $1 …

Latvia’s Nordigen has announced a new €2.1 million investment to expand their freemium model after growing to support more than 1000 European bank APIs.  Investors include Black Pearls VC, Inventure, Highgoal Capital, ID4 Ventures, Calchas Holding and angel investors from across the Baltics including Artis Kehris, Henry Nilert, Gerri Kodres and Riivo Anton. The startup is challenging Tink and other …

As in many countries during the pandemic, contactless payments have been on the rise in Lithuana.   The country has chosen to make Fintech a national priority and has updated the process for business licensing for Fintech companies. By Lukas Pereckas “The whole Fintech ecosystem here is so developed – business support networks, clear efficient regulation, lawyers who know the field …

Each year, Danes miss out on 11 billion kroner in deductions, either because people don’t know what they are entitled to, or because the process is simply too cumbersome. Tax Helper wants to change that.  By Aske Buemann Taxes and deductions can give many a blank look in their eyes. Therefore, two entrepreneurs will now help people find their deductions and get their …

Scandinavia is known for implementing the newest innovations in many fields, including gaming. Current global entertainment tends are about applying crypto and improving blockchain-powered systems, and Scandinavia is among the leaders in doing so. By Julia Beyers Scandinavia is a pretty attractive region for blockchain developers who seek investments and cheap energy. Both regular people and large companies are ready …

Finland’s Enfuce secures €10 million from Maki.vc to launch a sustainability service, MyCarbon Action, a service for banks and financial service providers to help customers track their carbon footprint per purchase. Finnish payment service provider Enfuce has today announced its new funding round of €10M, led by the early-stage VC firm Maki.vc and including venture debt from Nordea, LähiTapiola, and …

Today, there are more banking options available than ever before. VertaaEnsin is on a mission to consolidate all financial products in one platform. “Financial products constitute the largest part of our monthly expenses. What is interesting, is that consumers are very familiar with comparing flights and other easy-to-understand products and services. We like making informed decisions regarding our purchases. However, …

Spiff app, a Norwegian app soft-launched on iOS this summer, became available for Android users  last week to promote “social saving”, and is the first company to bring this concept to the Norwegian market. Carl-Nicolai Wessmann, Founder & CEO of Spiff, said in a press release: “We are the first to bring the concept of social saving to the Norwegian …

Once upon a time, Klarna was a simple startup based in Sweden. It emerged in Stockholm in 2005, and basically facilitated one-click online purchasing via email and postcode. By Anne Gibbons Klarna has since become one of the most influential fintech companies in Europe, but for those who don’t use it, the process is straightforward. An internet retailer equipped with …

AI and Machine Learning Take Over the Project Management Software No matter if it’s the public sector, the businesses or the NGO, project implementation and management is something each institution wants to handle seamlessly, and this is exactly where the Danish startup Forecast steps in with their solution to utilize new technology in project management or more accurately, to achieve …

Buying with “Just One Click Away” Is Not a Phrase Anymore In the world of online shopping “Buy now” and “Add to cart” buttons are a codeword for getting ready to start filling out forms. Whenever we buy something online there are forms for passwords, usernames, mobile phone numbers, credit card numbers. Swiipe, a Danish fintech company found a way …

New Era for the Traditional Payment Infrastructure Witnessing a revolution in the fintech industry, the Danish startup ARYZE saw an opportunity in “making ‘analog’ money smarter.” While the hype of blockchain and IoT in the financial world is getting more attention, individuals and businesses are still relying on a traditional payments infrastructure, which makes money flow an expensive process. ARYZE …

Every year, EIT Climate-KIC hosts the Climate Impact Battle at Slush. 30 pre-selected startups pitch the first day of the event. Only six makes it to the final on the last day of Slush. This year, the six finalists challenged climate change from a broad spectrum of solutions ranging from tiny insects to large-scale construction. Irish company Hexafly takes low-value …

In early November, the London-based fintech firm Revolut announced that it had applied for a European Banking License and was building its own in-house payment processor.  The company is now pursuing its vision of building a global banking app, and has announced they are launching in the Nordics. Nordic consumers will now be able to open an app-based current account …

It is surprising how long it takes for the market to drive innovations in finance modernization and digitalization. Today, many would argue that the flow of information and finance along global supply chains is still using inefficient and outdated solutions with a fair amount of manual and paper-based processes as well as numerous intermediaries to provide trust and security. By …

The purpose of chatbots is to aid in interaction with digital systems. But although the idea for chat bots is as old as the invention of the computer, users are often disappointed by what chatbots can offer. Should your company use chatbots, or should your development resources be used elsewhere? – Reply with “1” for English. Reply with “2” for …

The largest ever European blockchain conference, BlockShow Europe 2017 was held in Alte Kongresshalle, Munich. With 560 attendees, 26 exhibitors, and 26 speakers, and over 60 startups attending. Led by Elizabeth Lumley, the managing director at Rainmaking a thought-leader in fintech, the event covered a number of hot topics ranging from practical application of Blockchain technology to aspects of running …

Bitcoin underwent a lot of ups and downs in its brief history and, Investoo has made a a complete guide to bitcoin for those who need a speedy update on the bitcoin trading ecosphere. However for those who are quite familiar with bitcoin, here is their run down of major crashes during the early years of this digital currency experienced …