5 Nordic FinTech companies to watch out for in 2023

By Gloria Methri

FinTech refers to software and other modern technologies used by businesses that offer automated and enhanced financial services. The FinTech industry is booming and perhaps going through the most exciting period in the modern history of financial services.

The Nordic region or Nordic region comprises five sovereign states, Denmark, Finland, Iceland, Norway and Sweden, plus the three autonomous territories associated with these states: the Faroe Islands and Greenland (Denmark) and Åland (Finland).

One reason for the Nordic FinTech growth is that citizens and residents of Norway, Sweden, Finland, Iceland and Denmark tend to be digitally savvy overall, with some of the highest percentages of new technology adoption and mobile banking use in the world.

Here are five FinTech companies from the Nordics to watch out for in 2023:

Juni was founded in June 2020 and develops financial management solutions for marketing and e-commerce companies. It gives companies a centralized view of their cash flow and supplier invoices, tracks ROI and gets updates on financial data, revenue and growth rate. It also has a digital banking solution for entrepreneurs and provides an overview of bank accounts, networks and payment services for businesses on a single centralized platform.

Yabie is a FinTech platform that offers POS solutions for businesses. It offers cash register systems for various businesses such as shops, restaurants and cafes. Features include product information management, inventory management, order management, payment management, reporting, administration management and more. The shop owners can get direct access to the shop data from their mobile phone or iPad.

Founded in 2019, Majority offers app-based debit cards for migrants. It can be used for cash withdrawals, money transfers, in-store payments and more. The card can be topped up through the app and enables monitoring of transactions. The application is available on iOS and Android platforms.

Intergiro is an emerging FinTech company that offers a range of financial solutions, including a Banking as a Service (BaaS) platform for businesses in Europe. Intergiro’s APIs allow users to automate their business financing or offer banking services to their customers.

The Swedish FinTech company Rocker has developed a mobile banking solution for small businesses and start-ups. The company’s solution helps companies manage their finances and take control of their everyday lives. It offers many features including account credit, P2P payment services and debit card services.

Founded in 2018 by Dennis Ahlsén, Rocker is one of the leading FinTech companies in Sweden, with offices in Stockholm and Malmö.

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