Nordic Fintech Manifesto
Nordic countries - and their neighbours in the Baltics - have become a powerhouse of innovation in financial technology. A partnership between Fintech Mundi, a global fintech accelerator based in Norway, and Magna Carta, a UK-based fintech communications specialist, set out to discover what made the Nordics so dynamic, what could be learned from the region and what could be done to tap into the still unrealised potential of the region. The result was this report: based on desk research, extensive interviews with spokespeople across the region, we built up a cohesive story packed with information that Fintech Mundi could use to create a splash at its forthcoming industry conference.
About the project
Fintech After 2020 – what next?
Since the first Nordic Fintech Disruptors Report was published in 2016, it has tracked a region growing in scale, sophistication and success. There is no question that the Nordic countries and their Baltic neighbours are a fintech powerhouse. Start-ups, scale-ups and unicorns cover the full spectrum of technologies and services. Challengers have become established players. Ideas that originated in Northern Europe can now be found
in products, services and solutions around the world.
The region has all the building blocks in place to generate wealth and opportunities. Inherently open, transparent and internationally focused, the landscape is one of ambitious fintechs, cautiously enthusiastic banks, innovative ideas, and global vision. Capital investors, smart regulators, specialist accelerators, and even an engaged customer base are all present. The most important ingredient of all – confidence – can be found in abundance.
