Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay offers a flat-rate point-of-sale (POS) technology for businesses that aims to make payments transparent and...
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 and became available to all Lunar customers in the country Tuesday (June 20), Froda said in a Tuesday press release....
Scandinavian countries are some of the most technologically advanced in the world, including in the area of real-time payments. Take Norway for example. The Nordic country launched real-time payments back in 2013, several years before the introduction of the pan-European SCT Inst payments scheme (also...
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 world. Several systems facilitate these payments across the continent, including the Single Euro Payments Area (SEPA) Instant Credit Transfer scheme,...
March 01, 2023
Real-time payments are quickly becoming ubiquitous in developed nations worldwide, with businesses and consumers relying on this payment method in ever-growing numbers. A PYMNTS study found that 86% of businesses generating between $500 million to $1 billion in annual revenue leverage real-time payments, for example, reporting improved cash flow management capabilities and greater transparency in […]
October 12, 2018
Amid the headlines detailing the billions of dollars in money laundering done through conduits like Danske Bank and Deutsche Bank, among others, a report shows that the problem is a...
June 26, 2017
iZettle is announcing today that it has added two more arrows into its SMB quiver: local mobile payment solutions and invoicing. We talked to iZettle Co-Founder and CEO Jacob de Geer about these new services...
May 15, 2024
Buy now, pay later (BNPL) firm Klarna and payments service provider Nets partnered to bring more payment options to merchant clients in Sweden, Norway and Denmark. Through the collaboration, eCommerce merchants can offer their customers BNPL and installment payments without having to perform multiple technical integrations, according to a Wednesday (May 15) news release. “We strive to facilitate flexible, safe and convenient […]
June 26, 2023
Danish FinTech Flatpay has raised €15 million (about $16 million) in its Series A funding round to expand its presence in Denmark, Finland and Germany and continue its product development. Flatpay...
June 20, 2023
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 and became available to all...
January 04, 2023
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 hold-ups, as banks have improved...
