Tagged: sweden

September 27, 2026 @ 1:36 pm By Omar Faridi  |  

HIVE Digital Technologies (NASDAQ: HIVE), a publicly listed firm long associated with Bitcoin mining, has taken its long-running Swedish value-added tax fight beyond national courts and into the European Commission. The move, disclosed in an August 11, 2026 late-filing notice with the US Securities and… Read More

September 25, 2026 @ 11:32 am By JD Alois  |  

Nordic Fintech SaveLend Group has partnered with Kleer Group AB to offer invoice financing on Kleer’s platform. Kleer is a Finance-as-a-Service company serving consulting firms and SaaS/AI companies in Sweden. It combines an automated accounting and payroll platform with a dedicated team of accounting consultants… Read More

September 25, 2026 @ 9:07 am By Omar Faridi  |  

Swedish open banking company Trustly is reducing its workforce by about a quarter, eliminating roughly 200 positions worldwide as it tries to simplify its structure and put more money behind a smaller set of priorities. The company, based in Stockholm, employs more than 800 people… Read More

September 22, 2026 @ 2:15 pm By Omar Faridi  |  

Authorities in the United Arab Emirates (UAE) and Sweden have dismantled a cross-border money-laundering network that investigators say moved millions in criminal proceeds through cash and cryptocurrency, with digital trails pointing toward organized crime and paid assassinations. In a coordinated operation announced this week, UAE security… Read More

September 8, 2026 @ 12:35 pm By Omar Faridi  |  

Sweden’s tax authority has intensified its scrutiny of cryptocurrency mining operations, issuing substantial additional tax assessments against several firms based in the northern town of Boden. Skatteverket has determined that six companies must pay nearly 540 million kronor—roughly 56 million dollars—in back taxes after concluding… Read More

September 7, 2026 @ 8:03 pm By Michael Wong  |  

Swedish private equity firm EQT has agreed to acquire a majority stake in specialty insurance and reinsurance broker McGill and Partners from Warburg Pincus for $2 billion, the companies said. The transaction will see Warburg Pincus sell its equity stake in full, while McGill and… Read More

August 20, 2026 @ 7:10 am By Omar Faridi  |  

Shares in the Swedish buy-now-pay-later (BNPL) Fintech Klarna Group (NYSE: KLAR) plunged sharply after the company scaled back its full-year projections for revenue and related transaction metrics, overshadowing an otherwise solid set of second-quarter figures. The company stock fell as much as 22 percent on… Read More

August 19, 2026 @ 8:37 am By Omar Faridi  |  

Quartr, a Stockholm-based provider of specialized financial data and research tools, has closed an $18 million funding round. Longtime backer Altos Ventures led the investment, with additional participation from new investor SEB. As a result of this round, Altos has become the company’s largest shareholder, underscoring strong… Read More

June 2, 2026 @ 1:29 am By Omar Faridi  |  

Fintech firm Klarna (NYSE:KLAR) has recently announced a collaboration with Arrive, a global mobility technology provider. The partnership introduces flexible payment solutions for parking, allowing drivers to handle transactions effortlessly through the EasyPark mobile application in multiple regions. The initiative enables users to utilize Klarna’s… Read More

May 30, 2026 @ 1:01 pm By Omar Faridi  |  

Swedish fintech Anyfin has partnered with Fourthline, a European identity services provider. Announced on May 27, 2026, the collaboration equips Anyfin with advanced tools for seamless and secure customer onboarding, particularly as the company scales its personal loan refinancing services in key markets.  Anyfin, founded… Read More

April 11, 2026 @ 11:04 am By Omar Faridi  |  

Sweden’s Patent and Market Court has pushed back its long-awaited decision in a major antitrust damages claim. The case pits PriceRunner, a price-comparison platform fully owned by fintech Klarna Group (NYSE:KLAR) against Alphabet (Google) (NASDAQ:GOOG). The court announced it would no longer release its ruling… Read More

March 27, 2026 @ 9:13 am By JD Alois  |  

SaveLend Group AB, a Nordic Fintech that enables individuals to invest in loans, says it is updating its goals due to a changing regulatory environment. SaveLend Chairman of the Board Håkan Nyberg, stated: “With changing regulatory conditions, a divested business, and a planned application for… Read More

February 12, 2026 @ 11:16 am By JD Alois  |  

French firm Mistral AI has committed €1.2 Billion to support Sweden’s AI infrastructure. The announcement was made during the recent Techarena 2026 conference held in Stockholm. Mistral was launched in 2023 and has since raised €1.7 billion at a €11.7 billion valuation. The amount is… Read More

February 11, 2026 @ 12:36 am By Omar Faridi  |  

In a move set to reshape the UK’s high-net-worth (HNW) and family office landscape, Swedish financial services provider Söderberg & Partners has announced a substantial investment in Artorius Wealth Limited. This collaboration, which awaits approval from the Financial Conduct Authority (FCA), signals Söderberg & Partners’… Read More

December 17, 2025 @ 8:04 am By Omar Faridi  |  

Schroders Capital’s Private Debt & Credit Alternatives (PDCA) team recently announced the close of a €77 million construction whole loan for the development of a mixed-use real estate scheme in Barkarbystaden, Järfälla municipality, Greater Stockholm. The loan will support the delivery of “377 homes, commercial… Read More

December 7, 2025 @ 5:01 pm By Omar Faridi  |  

Goobit AB, Sweden’s Bitcoin company and operator of BTCX since 2011, announces a new partnership with BitGo Europe GmbH, the digital asset infrastructure company. The partnership reportedly supports Goobit’s operations by offering infrastructure that aligns with the company’s long-term Bitcoin strategy and commitment to building… Read More

December 6, 2025 @ 5:00 pm By Omar Faridi  |  

Digitalization and geopolitical tensions are now increasingly said to be shaping developments in the payments market, according to an update from Sweden’s Riksbank. Blockchain / distributed ledger technology (DLT) and the tokenization of various assets are now creating both new opportunities and potential risks. The… Read More

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