Sweden

HealthTech Firm Neko, Co-Founded by Spotify CEO, Raises $65 Million
HealthTech Firm Neko, Co-Founded by Spotify CEO, Raises $65 Million
July 05, 2023  |  Investments

Swedish medical diagnostics company Neko Health has raised 60 million euros (about $65 million) to expand beyond its borders. The company, co-founded by Spotify CEO Daniel Ek, announced the Series...

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Froda Launches Embedded Lending Solution for Small Businesses in Denmark
Froda Launches Embedded Lending Solution for Small Businesses in Denmark
June 20, 2023  |  SMBs

Swedish FinTech Froda has launched a card-based embedded lending solution in Denmark. Developed in partnership with digital challenger bank Lunar and Visa, this offering was successfully tested in Denmark during the spring...

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Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
May 05, 2023  |  eCommerce

Despite advancements in eCommerce technology, businesses that operate in digital commerce, particularly those with multiple storefronts, still lack a complete and unified multi-platform overview of...

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Amazon Enables Sellers to Add 9 European Stores
Amazon Enables Sellers to Add 9 European Stores
April 19, 2023  |  Amazon Commerce

Amazon now enables sellers to expand their business more quickly to its nine European stores. The new European Expansion Accelerator allows sellers who already sell in at least...

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Open Payments Raises $3.2 Million for B2B Open Banking
Open Payments Raises $3.2 Million for B2B Open Banking
March 29, 2023  |  B2B Payments

Swedish open banking platform Open Payments plans to scale after raising $3.2 million. The growth round, as reported Wednesday (March 29) by EU Startups, will...

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Biometric Payment Cards Make a Comeback in Europe
Biometric Payment Cards Make a Comeback in Europe
March 13, 2023  |  Payment Methods

From tap-to-pay debit and credit cards to mobile smartphone wallets, contactless methods have been driving new waves of innovation in payments post-pandemic, buoyed by growing consumer demand...

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Nordics Remain Real-Time Frontrunners Amid Double-Digit Growth in Payments Volume
Nordics Remain Real-Time Frontrunners Amid Double-Digit Growth in Payments Volume
March 02, 2023  |  Real-Time Payments

Home to some of the most developed and widespread real-time payments schemes, Europe is leading the charge in driving consumer and merchant adoption across the...

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Bokadirekt and Trustly Partner on Instant Payouts for Beauty Salons
Bokadirekt and Trustly Partner on Instant Payouts for Beauty Salons
February 21, 2023  |  Disbursements

Bokadirekt and Trustly have partnered to enable instant payouts for beauty salons in Sweden. The collaboration adds Trustly’s payment infrastructure to Bokadirekt’s booking platform for...

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No Cash Equals No Bank Robberies in Denmark
No Cash Equals No Bank Robberies in Denmark
January 04, 2023  |  Cash

Denmark recorded zero bank robberies in 2022 as it continued moving towards a cashless economy. Robbers in the Scandinavian country have moved away from bank...

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