Multitude Bank secures €15m majority shareholding in Norwegian digital challenger Lea Bank
The bank’s shareholding is expected to increase to 18.6% if approved by regulators.
Norway
The latest fintech news, resources and expert analysis in Norway by FinTech Futures, the leading intelligence provider for the worldwide fintech community.
Facit Bank taps Norway’s Neonomics to power invoicing and payment with open banking
Facit Bank will deploy Neonomics’ open banking Checkout, allowing payments directly from bank accounts.
ABN Amro goes live with CBA’s IBAS TDD software and nCino’s cloud banking platform
ABN Amro is streamlining its digital lending operations and strengthening its trade finance transaction monitoring.
Norway’s IDEX Biometrics names Catharina Eklof as new CEO
Eklof has acted as the firm’s chief commercial officer (CCO) for the past three years.
NatWest enables bank-verified digital identities for Nordic structured finance business in partnership with OneID
NatWest will apply OneID’s bank-verified digital identity solution to its structured finance business in the Nordics.
Vipps MobilePay launches cross-border P2P payments between Denmark, Norway and Finland
The service is to extend to Sweden following Vipps’ entry into the market.
Handelsbanken taps Meniga to boost customer engagement in Norway
Meniga’s solutions will enable the bank to offer personalised financial insights to its customers in Norway.
Mutual Trust Bank in Bangladesh partners IDEX Biometrics for new payment card security feature
The bank has tapped its partner’s IDEX Pay solution to install fingerprint sensors into its physical card offering.
Digital identity specialist Signicat acquires Icelandic counterpart SmartWorks
SmartWorks is Signicat’s sixth acquisition since the arrival of new owner Nordic Capital, in 2019.
Digital ID firm Signicat names Michel van den Bogaard as CFO
Based in Signicat’s Rotterdam office, van der Bogaard will lead a team of more than 35 people.
ICYMI fintech funding round-up: GenTwo, Momnt, myZoi, Treyd, Firstcard & more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Nordea acquires Danske Bank’s Norwegian personal customer and private banking business
The agreement is set to bring approximately 285,000 new customers to Nordea.
Norway’s SPK selects Mambu and Knowit to support its upcoming housing loan solution
Mambu’s cloud technology and Knowit’s loan origination solution are to support the SPK’s housing loan offering.
Lunar to provide access to its Nordic payment infrastructure to partners
Swedish paytech Trustly is set to be the first firm to tap into Lunar’s account infrastructure.
Norwegian paytech EedenBull names Eilin Schjetne as CEO
As CEO, Schjetne aims to scale the firm in a bid to make EedenBull Norway’s first fintech unicorn.
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.
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.
