Tagged: sweden

October 24, 2025 @ 8:31 am By Tony Zerucha  |  

Epiminds, founded by Swedish entrepreneurs Elias Malm and Mo Elkhidir, has announced its public launch from stealth alongside $6.6 million in funding led by Lightspeed Venture Partners with participation from EWOR, Entourage, and angels, including the former CMO of Booking.com. In 12 weeks from ideation,… Read More

October 13, 2025 @ 3:33 pm By Omar Faridi  |  

Sweden’s Riksbank as well as key representatives from the payment market have reportedly reached an agreement in order to increase the possibility to make offline card payments for essential goods. According to the latest update from the Riksbank, the agreement is considered to be a… Read More

September 30, 2025 @ 1:28 am By Omar Faridi  |  

Klarna, the global digital bank and payments provider, announced that over a million Americans have signed up to its debit-first Klarna Card in 11 weeks, showing that today’s shopper ”demands payments options that are simple, transparent, and on their terms.” Launched in the US on… Read More

September 16, 2025 @ 10:24 pm By Omar Faridi  |  

Sebastian Siemiatkowski, the co-founder of Klarna Group Plc (NYSE:KLAR), has seen the value of his pledged company shares surge to nearly $1 billion following the fintech giant’s highly anticipated initial public offering. This underscores the Swedish entrepreneur’s commitment to the buy-now-pay-later fintech, even as he… Read More

September 13, 2025 @ 2:12 pm By Omar Faridi  |  

Central banks are grappling with transformative challenges, from liquidity management to the integration of artificial intelligence (AI) and the implications of global trade shifts. Updates from the Riksbank, Sweden’s central bank, and the Bank for International Settlements (BIS) highlight critical developments that underscore the need… Read More

September 10, 2025 @ 9:43 am By JD Alois  |  

European Fintech Klarna (NYSE:KLAR) will see its shares trade on the New York Stock Exchange today, pricing its shares at $40 each, giving the company a valuation of around $15 billion. Klarna is the most recent Fintech to go public this year as public markets… Read More

August 18, 2025 @ 8:58 am By JD Alois  |  

Norrsken Evolve, a pre-seed fund, has closed its fund, raising €57 million. The fund was reportedly oversubscribed. Norrsken Evolve, part of the Norrsken Evolve, has been active since 2021, having invested in 81 startups. Norrsken Evolve will utilize the funding to invest in early-stage, impact-driven… Read More

July 7, 2025 @ 9:08 pm By Omar Faridi  |  

Sweden’s central bank, Sveriges Riksbank, has introduced significant initiatives to strengthen its financial systems and enhance monetary policy communication. These updates reflect the Riksbank’s commitment to resilience, transparency, and adaptability in a rapidly evolving global economic ecosystem. This month, the Riksbank proposed new regulations requiring… Read More

July 6, 2025 @ 1:40 am By Michael Wong  |  

Sweden has ordered six government agencies, including the national police, tax authority (Skatteverket), and enforcement agency (Kronofogden), to ramp up efforts to seize illicit assets such as cryptocurrency, luxury items, and real estate held in corporate structures, as part of a broad crackdown on unexplained… Read More

July 1, 2025 @ 2:24 am By Omar Faridi  |  

In a fast-evolving global economic landscape, Sweden’s central bank, Sveriges Riksbank, has taken steps to adapt its strategies to ensure economic stability and effective monetary policy. Recent developments highlight the Riksbank’s proactive approach: a speech by First Deputy Governor Anna Breman on innovative monetary policy… Read More

June 16, 2025 @ 9:55 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, has been navigating a challenging economic landscape in 2025, as outlined in recent updates. From a gloomy business survey to new monetary policy measures and reflections on communication strategies, the Riksbank’s actions reflect a cautious approach to stabilizing Sweden’s economy… Read More

June 6, 2025 @ 8:18 am By Omar Faridi  |  

Trustly, the global enabler of Pay by Bank, announced a partnership with The Swedish Postcode Lottery (Svenska Postkodlotteriet). This collaboration is set to enhance “the way people participate in one of Europe’s charity-based lotteries by providing seamless, secure, and fast payment processing solutions.” The Swedish… Read More

June 5, 2025 @ 8:31 am By Omar Faridi  |  

Thunes, the Smart Superhighway to move money around the world, today announced the further expansion of its Direct Global Network with the launch of direct Pay-to-Bank services in Denmark, Norway, and Sweden. This broadens Thunes’ reach into the Nordic region, “empowering Members of the Thunes… Read More

May 31, 2025 @ 3:11 pm By Omar Faridi  |  

Sweden’s central bank, Sveriges Riksbank, highlighted growing concerns over global financial stability driven by sharp shifts in U.S. trade and security policies. These abrupt changes have triggered significant market volatility and heightened uncertainty, posing risks to both Swedish and global financial systems. Coupled with this,… Read More

May 27, 2025 @ 4:45 pm By Omar Faridi  |  

Swedish firm H100 Group AB has reportedly raised SEK 21 million (approximately $2.2 million) in a funding round structured as a 0% interest convertible loan. The investment round was led by Adam Back, the CEO of Blockstream and a prominent figure in the Bitcoin community,… Read More

May 22, 2025 @ 8:09 am By Omar Faridi  |  

Nasdaq (Nasdaq: NDAQ) marks CoinShares expansion of its Swedish XBT Provider Platform and the launch of seven new physically-backed crypto Exchange Traded Products (ETPs). Helena Wedin, Head of ETF and ETP, Nasdaq European Markets said: “We are happy to welcome CoinShares as ETP provider through… Read More

April 3, 2025 @ 8:05 am By Omar Faridi  |  

Sweden’s central bank, the Riksbank, is embracing a transformative shift in economic forecasting, as recent findings from its Monetary Policy Department reveal that artificial intelligence (AI)-based models are outperforming traditional time series models in predicting Swedish GDP and inflation. This development marks a significant leap… Read More

March 23, 2025 @ 11:33 pm By Omar Faridi  |  

Trustly, the global Pay by Bank solutions provider, announced that it will now support RIX INST, the instant settlement system of Sveriges Riksbank, the Swedish Central Bank, solidifying Trustly’s position in instant payouts. Representing a key milestone for the company in its home market, Trustly… Read More

March 9, 2025 @ 11:27 pm By Omar Faridi  |  

On March 3, 2025, Sweden’s central bank, Sveriges Riksbank, released its latest Business Survey titled “No Strong Wind in Our Sails,” revealing a somewhat disappointing state of the Swedish economy. But this is largely consistent across Europe and even across the globe due to growing… Read More

February 11, 2025 @ 8:02 am By Omar Faridi  |  

Kivra and Trustly have reportedly developed a new generation of Autogiro, making automatic payments easier. The service allows users to register direct debit with a simple BankID confirmation, “lowering the barriers to sign-up.” For businesses, the solution can drive more on-time payments, “reduce administrative workload,… Read More