12 top FINTECH companies come from Scandinavia

The FINTECH direction has recently become incredibly popular around the world and in Europe in particular. And although the absolute primacy of raising capital in this industry is occupied by Britain, whose companies have received over the past five years investments in the amount of $ 5.4 billion, or 3.5 billion pounds sterling.

For comparison, the rest of Europe combined could only reach 4.4 billion dollars. But nevertheless, the northern countries are not asleep either: Denmark, Sweden, Iceland, Norway and Finland brought their own FINTECH unicorns to the market, the total value of which is estimated at $ 1 billion.
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Companies in the domestic market are gradually coming into play. For example, LifePay mobile acquiring service , created in the image of Square , Platius mobile payment system , providing bonus rubles for active use of the service, EasyFinance.ru is a platform that helps in managing personal finances, and many others.

Here is a list compiled by BI of the 12 most interesting companies from the northern region of Europe:

12. Lendify - a platform from Swedish developers
A p2p lending platform that pays special attention to consumer loans. The company was founded last year, and to date has collected about $ 3 million in funding.

11. Lendino - Danish version of p2p lending
This platform is aimed at cooperation of institutional and individual investors who would like to invest in companies in a particular region. It is known that quite recently the venture fund Passion Capital financed the Danish unicorn, but the amount was not disclosed.

10. Fixura - Finns in the game
By means of a platform launched in 2010, loans worth more than $ 50 million have already been realized, while the average annual profit was 10.3%.

9. Holvi - Finnish solution for small business
And in continuation of the conversation about Finnish startups: Holvi service provides small business owners - entrepreneurs and freelancers - access to an account with company finances, as well as manage expenses and company accounts in real time.

8. Coinify - give cryptocurrency to the masses!
Founded last year, the company helps entrepreneurs take cryptocurrency and creates tools designed to help users make payments in digital Bitcoin.

7. FundedByMe - Swedish crowdfunding platform
FundedByMe is active in eight countries, including Sweden, Germany and Singapore. The platform has about 58 thousand users worldwide and has already helped raise more than $ 18 million for hundreds of companies.

6. Safello - withdraw e-currency to a new level.
A Swedish startup has received funding in the amount of about $ 1 million. This is a currency exchange Bitcoin, which allows you to make direct payments in 86 banks in 11 countries. This year, Safello signed a contract with Barclays to explore the possibilities of using e-currency in traditional finance.

5. BehavioSec - safety first
Over the eight years of its existence, the company has raised $ 8.2 million in investments. The company is engaged in the development of security technologies that allow the bank to determine a person’s identity based on a number of biometric indicators.

4. Trustly - pay online for payments in Swedish
The company provides a new online payment method that allows you to make a money transfer directly from your online bank account, simply by pressing a few buttons. The company has recently expanded and now provides its services in 21 European countries. For seven years, the company received $ 30 million in funding.

3. Meniga - 25 million users in 16 countries
Meniga develops personal finance tools for banks, which, in turn, provide them to their customers. The company works with such major banks as Skandia, ING and Islandsbanki. In the near future, signing of cooperation agreements with 10 largest European banks is expected.

2. iZettle - Swedish card readers for small businesses
The company was established just five years ago, and during that time managed to get more than $ 165 million investment. iZettle develops card readers for small businesses. Recently, the company began to introduce this technology in the field of loans. At the moment, the value of the company is estimated at half a billion dollars.

1. Klarna - online payments
This Swedish unicorn was valued at $ 2.25 billion, while over the five years of its existence, the company has raised $ 280 million in investments. Klarna allows any seller to add a button that allows you to make a purchase with one click.