Bank Norwegian set to merge with Swedish parent
Nordic-based digital banking provider Bank Norwegian is set to be merged with its Swedish parent Nordax Bank. The board of directors of…
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Sweden grants deposit licence to TFB Service
The Swedish Financial Supervisory Authority (FI) has granted a key licence to TF Bank's Swedish subsidiary TFB Service. The licence…
Swedish savings platform Lysa secures funding from SEB Venture Capital
SEB Venture Capital, the venture capital arm of the Swedish bank SEB, has invested SEK100m ($9.8m) investment in Swedish automated…
Swedish fintech Juni raises $206m in equity and debt funding
Swedish fintech company Juni has closed its $206m funding round, which includes both equity and debt investment. The $100m Series B round…
SEB signs BaaS partnership with fintech startup Humla
Swedish lender SEB has signed fintech Humla as the first customer of its banking-as-a-service (BaaS) platform that enables companies to…
Swedbank halts payments to and from Russia, Belarus
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict Nordic-Baltic banking…
Klarna launches new unit to strengthen open banking footprint
Swedish fintech Klarna has announced the launch of a new sub-brand and business unit to harness open banking capabilities. The new unit,…
SEB Bank and BNP Paribas join peers in scaling down Russian operations
Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict In the…