ELEVATING NEW NORDIC INNOVATION

Watch our Event on "Open Insurance - Unleash Ecosystem Potential"

April 21, 2021

First, there was 'Open Banking' (PSD2 and beyond) and now we are talking about 'Open Insurance'. We are just now beginning to see the result of giving third parties access to data that previously were only available to the banks. New players are embedding financial services in their product offerings. New and innovative services are made available to consumers and businesses in new business models. Innovation and competition are accelerating. Who is next in line?In this event, Copenhagen Fintech zooms in on what 'Open Insurance' actually means. What can the insurance industry learn from banking and their journey of opening up to third parties (PSD2 regulation)? Should we just copy that? Or do we need another approach? What are the different perspectives? Opportunities and challenges? Is it nirvana and for whom?Watch the full event here.Speakers and slides:Welcome by Open Insurance Initiative and Copenhagen FintechKey learnings from the coalface of Open Banking by Aiia co-founder and CEO Rune Mai - SlidesOpen Insurance – what, why and how – by Open Insurance Initiative (OPIN) founder Fouad Husseini - SlidesCommercialization - illustrative case studies from around the world by Simon Torrance - SlidesPanel DiscussionSigrid Floor Toft, Team Lead, Digitalization at Insurance & PensionEsben Toftdahl Nielsen, Co-founder & CCO at Penni.ioMichael Poulsen, Vice President and Head of IT Development at TrygThomas Krogh Jensen, CEO, Copenhagen Fintech

Copenhagen Fintech welcomes Infosys to Elevate Fintech Innovation

April 19, 2021

Today it was announced that Copenhagen Fintech has entered into a collaboration with Infosys (NYSE: INFY), a global leader in next-generation digital services and consulting. This collaboration will strengthen connections across the innovation ecosystem and support the development of new and compelling fintech solutions for the global financial services industry, establishing a bilateral fintech innovation bridge between India and the Nordics.About Copenhagen Fintech:Copenhagen Fintech’s core mission is to develop Denmark and the Nordics as one of the leading fintech hubs in the global financial services industry by supporting and catalyzing the next era of technology-led corporate and start-up innovators. Copenhagen Fintech’s innovation lab has approximately 40 startups, building next generation financial technology. Copenhagen Fintech has more than 200 members, and currently works with more than 35 Nordic and global financial institutions, technology companies and advisory firms. About the collaboration:This collaboration between Infosys and Copenhagen Fintech will involve joint participation in events and conferences to facilitate the mutual sharing of deep industry experience and expertise with Copenhagen Fintech’s corporate partners.Infosys will engage with Nordic startups, participate in masterclasses and hackathons to share knowledge and up-skill the next generation of technology leaders, drawing on its strong heritage operating at the intersection of technology and financial services. The mutual alliance will also enable Infosys to tap into the agility of the start-up ecosystem, culture of open innovation and collaborate with industry leading talent to accelerate access and development of cutting-edge financial solutions. The Infosys Innovation Network (IIN) engages with startups globally providing its members access to market, and investment via the Infosys Innovation Fund.About Infosys:As a global leader in next-generation digital services and consulting, Infosys enables clients in 46 countries to navigate their digital transformation, with four decades of experience in managing the systems and workings of global enterprises. Today, banks in over 100 countries rely on Infosys Finacle, part of EdgeVerve Systems, a wholly owned subsidiary of Infosys, to service more than a billion consumers and 1.3 billion accounts. Thomas Krogh Jensen, CEO of Copenhagen Fintech:“We are very proud that Infosys, a leading global technology provider, has chosen to join us to accelerate innovation. Through this collaboration Infosys will gain access to a leading Nordic fintech innovation platform and Nordic fintech startups will gain exposure to one of the world’s largest and most interesting markets. Infosys’ competencies and global network will be of huge benefit to the ecosystem. Cutting edge knowledge and technology together with deep relationships with some of the world’s largest corporations and financial institutions will be the foundation of the ‘innovation bridge’ we establish between Denmark, the Nordics and India”Mohit Joshi, President, Infosys, said, “Global corporations and Financial Institutions are looking at Fintech partners from across the world to accelerate innovation, and we are delighted to collaborate with Copenhagen Fintech, one of the fast growing and vibrant ecosystem platforms. Nordics is a strategic market for Infosys, and we are committed to working with Nordics corporations and financial institutions, to invest and accelerate their digital transformation journey. By bringing our global expertise in financial services to the region and helping Danish start-ups in their global ambitions by introducing them to Infosys’ client and partner networks, we aspire to strengthen the Danish cluster”.Agroclimatica:One of the many Danish fintech companies that hope to benefit from this new collaboration is Agroclimatica. The company provides a tool for financial institutions introducing transparency in agricultural lending or insurance by quantifying the agroclimatic risk exposure of each credit. Enabling financial institutions and stakeholders within the agricultural value chain to optimize allocation policies, increase their portfolio and decrease operational costs.“As a start-up looking to provide innovative solutions with actual impact to financial institutions, serving millions of agricultural lenders but leaving even more outside the financial ecosystem, India is an obvious market to enter. The Nordic fintech scene is gaining momentum in Asia and we are excited to be part of the movement. Collaborations with Indian financial institutions and technology companies are crucial to our continued growth,” said Lars Saquero Møller, Managing director, Agroclimatica.

Copenhagen Fintech and Forsikring & Pension become strategic partners

April 16, 2021

Today was announced that Forsikring & Pension will be a strategic partner in Copenhagen Fintech, and CEO Kent Damsgaard will join the Board of Directors.The aim of this partnership is to strengthen the interests of the insurance and pension industry.Kent Damsgaard, CEO Director of Insurance & Pension, comments in the press release:"The partnership increases our opportunities to create a strong strategic focus on the insurance and pension industry's interests in connection with legislation, research and the development of the entire digitalisation area in Denmark. It will benefit both our members and their customers.”Thomas Krogh Jensen, CEO of Copenhagen Fintech, expects to have greater impact after Forsikring & Pension has become a partner:"We are pleased to have Kent Damsgaard on the board and Forsikring & Pension on board Copenhagen Fintech. We have created a strong joint policy initiative, where we act as a hub for the many fintech startups. We get more involved and more in the work to create the best possible framework conditions for digital innovation and the development of new fintech solutions in Denmark. And here it gives us greater impact and important knowledge to have Insurance & Pension with us," he says in the press release.Copenhagen Fintech was established in 2015 on the initiative of Finansforbundet, Finans Danmark and the City of Copenhagen.The association already has some members from the pension and insurance sector. DI is also a strategic partner.First joint event on April 21, 2021To celebrate and kickstart the partnership, Forsikring & Pension and Copenhagen Fintech invite the Danish fintech community for an event on April 21. Under the title of “'Open Insurance' - Unleash ecosystem potential”, the two parties will present their perspectives on the importance of open insurance and what can be learned from the banking industry. To learn more and register for the event, please click here.Enquiries regarding this announcement should be addressed to:Thomas Krogh Jensen, CEO, Copenhagen FinTech, +4520601548 [email protected] Forsikring & PensionForsikring & Pension is an industry organization for insurance and pension companies. It looks after the industry's interests and work to ensure that the industry is known for its contribution to solving some of the biggest challenges facing the Danish and international community. It is about welfare and security for the individual Dane, about sustainability and the necessary green transition.About Copenhagen FintechCopenhagen Fintech combines the visionary ideas of fintech entrepreneurs, the experience of the established financial sector, the desire for societal benefits of the public sector and the research from the universities with the overarching purpose of building a thriving fintech ecosystem for the benefit of all stakeholders. Our vision is to be one of the leading FinTech Hubs in the global financial services industry by supporting and catalysing the next era of technology-led corporate and startup innovators.

Watch the First Fintech Research and Innovation Sprint hosted by Copenhagen Fintech

April 7, 2021

This event is the first in a series that will take place over the next four years and is part of a program supported by the Ministry of Higher Education and Science. The seminar is targeting everyone with an interest in the Danish economic stronghold - "Finance and Fintech".The SeminarIn this seminar you will learn more about digital transformation and innovation on an industry level from representatives from Finance Denmark, Insurance & Pension and Copenhagen Fintech. You will also get insights into the latest relevant research from the University of Copenhagen, and how financial technology and 'green finance' accelerate the sustainable agenda and the green transformation.Watch the full seminar here.Speakers and slides:Simon Schou, CIO, Copenhagen Fintech - SlidesThomas Krogh Jensen, CEO, Copenhagen Fintech - SlidesSigrid Floor Toft, Team Lead, Digitalization, Insurance & Pension - SlidesNiels Arne Dam, Chief Economist, Finance Denmark - SlidesAnders Pall Skött, University of Copenhagen - SlidesMogens Steffensen, Professor, University of Copenhagen - SlidesFritz Henglein, Professor, University of Copenhagen - SlidesLise Arleth, Associate Dean for Research, University of Copenhagen and Copenhagen Fintech board memberCall to ActionFollowing this seminar, we will launch calls for innovation projects between universities and industry. Please fill out the application form below to let Copenhagen Fintech know which subjects of interest would be relevant for collaboration projects between industry and organizations.The application form can be found here.

Newsletter - Week 12

March 26, 2021

Dear Reader,please find our full Newsletter of week 12 here and subscribe to get the hottest fintech news bi-weekly!We covered exiting announcements in our personal introduction and in the news section you can read about Copenhagen Fintech releasing the Nordic Fintech report together with Innovation Lab Asia, The Nordic Fintech Alliance presenting the Nordic Fintech Trend series, Kompasbank obtaining a banking license, Capdesk raising £5m Series A extension, and Netguru publishing the Disruption Guide Fintech 2021.

Newsletter - Week 10

March 12, 2021

Dear Reader,please find our full Newsletter of week 10 here and subscribe to get the hottest fintech news bi-weekly!We covered exiting announcements in our personal introduction and in the news section you can read about Concordium raising DKK 100 million shortly before the official launch of its blockchain solution, Crypto fund Ark36 making the best out of tailwinds in the market, a panel of entrepreneurs working on making Denmark a better place for entrepreneurs, Accelerace investing in DreamPlan, Swiipe anticipating increased business after joining Mastercard’s exclusive accelerator program, and Xero acquiring Planday to simplify workforce management and compliance.