ELEVATING NEW NORDIC INNOVATION

What is Copenhagen Fintech & Copenhagen Fintech Lab?

Copenhagen Fintech is an organization built on the vision of creating a Danish growth adventure within fintech.

Copenhagen Fintech works to enrich all stakeholders within fintech innovation, bringing the public and private sector together to achieve societal progress. Through our co-working space Copenhagen Fintech Lab, housing up to 50 fintech startups, we leverage our network, develop the community and ensure growth within innovation.

COVID-19

If you are an SME and in need of help in regards of the COVID-19 crisis, see which Danish fintech's can help you here:

Overview of Fintech's helping SME's

Due to the outbreak of COVID-19 Copenhagen Fintech has taken the current necessary measures:

  • No external people (non-residents) at the Lab. Lab residents encouraged to work from home.
  • All events hosted at the Lab will be cancelled or done virtually.
  • The entire Copenhagen Fintech team will be working from home.
  • Follow our newsletter and LinkedIn to see updates.

Stay healthy and safe...The Copenhagen Fintech Team

Improved capabilities & conditions to build fintech startups

More fintech startups

More sources for innovation

More engaged & invested industry

More startup- corporate partnerships

Improved capabilities to partner with startups

Growth of market & investment

Startup loop

Industry loop

Latest news

Governmental Recommendations from the ecosystem in regards of COVID-19

April 6, 2020

Finans Danmark, Finansforbundet and Copenhagen Fintech has taken a deep dive into the consequences of the COVID-19 crisis for fintech start-ups. Many are suffering, but not necessarily able to receive governmental help from the current crisis packages, due to them having different types of growth & financing expectations and needs compared to other types of SME’s or companies.The main message to the government is to make sure we do not lose out on the growth companies of the future due to the crisis, when we were able to save them. Follow our recommendations in Danish through this link. COVID-19 Recommendations press release

Overview of Danish Fintech's helping SME's during COVID-19

April 3, 2020

Dear everyoneTogether with the Danish fintech community, we have made a short and specialized list with descriptions of Danish fintech start-ups that can help SME's now in regards of the COVID-19 crisis, with liquidity and more. The list will be kept short but continuously updated so it is easy for you as an SME to understand who to contact to get benefits today.Acting now rather than later will make a difference. Let's revise Facebook's old slogan and move fast and save things.See the companies here:Overview of Fintech's helping SME's

Fintech and finance becomes a National Position of Strength

March 10, 2020

Together with our partners Confederation of Danish Industry, Finance Denmark and the Financial Services Union, and Insurance & Pension, we are very happy to see that Fintech & Finance has been chosen by the Ministry of Business & Industry to become a National Position of Strength.The positive implications of this have high potential, and together with the aforementioned partners, we have issued a press release in Danish on this significant matter.Pressemeddelse vedr National Styrkeposition.pdf

EY rykker tættere på Copenhagen Fintech

March 9, 2020

EY og Copenhagen Fintech styrker nu samarbejdet, der har til formål at understøtte start-up miljøet hos Copenhagen Fintech samt at holde EYs rådgivere tæt på nye og innovative ideer og trends, som har betydning for fremtidens finansielle sektor.Læs mere om partnerskabet her

SimCorp becomes new sponsor and partner to Copenhagen Fintech

March 2, 2020

Today Copenhagen Fintech and SimCorp announced their partnership.Read the official press release annouced by SimCorp:SimCorp, a leading provider of investment management solutions and services to the global financial services industry, today announces that it has entered a new sponsored partnership with Copenhagen Fintech.The non-profit organization aims to transform Denmark into one of the leading fintech hubs in the world, by supporting and accelerating innovation among technology-led corporates and start-ups. The newly-formed partnership is part of SimCorp's own increasing strategic focus on innovation and will enable it to build and access a global start-up network that can strengthen SimCorp’s solutions for the global institutional investment industry.Anchored in the fast-growing Nordic design and digital industry, but with strong connections to global startup communities, Copenhagen Fintech's ambition is to promote and foster collaboration between start-ups and larger enterprises, in the intersection between finance and technology. With the partnership, SimCorp gains complete access to a large Nordic community of start-ups, with a dedicated focus on financial innovation. As such, the partnership is a step in SimCorp’s strategic focus in building an open eco-system of complementary solutions, to provide its clients more optionality.With a history of innovation, including its foundational front-to-back investment management system, SimCorp places great importance on the evolution of technology. This includes an industry-leading annual commitment to R&D, as well as investments in various global start-up and fintechs. An example is its most recent investment stake and machine learning collaboration with New York based Alkymi.Alkymi's Natural Language Processing (NLP) technology provides SimCorp with a unique opportunity to solve key challenges facing its clients, by delivering vital automation of data processes and workflows, as well as the rapid extraction of insights from large volumes of data.Thomas Krogh Jensen, CEO at Copenhagen Fintech comments: “The Danish fintech ecosystem is booming and generally receives huge international recognition. As one of Denmark’s first and most greatest fintech successes, SimCorp’s participation in this community is significant. Over the course of nearly fifty years, SimCorp has made a growth journey that any start-up dreams about, transitioning from a few people with a great idea to a global profitable enterprise, delivering to some of the world’s leading financial institutions. In this capacity SimCorp brings the ambition and perspective that can benefit our community, together with the critical market access to a very interesting client base for our fintechs and start-ups.”SimCorp CEO, Klaus Holse, comments: “It is an important part of our strategy to build a value-added ecosystem of solutions and services that either complement or enhance our core system; SimCorp Dimension. We are strong believers that partnerships with both start-ups and more mature technology firms can increase our competitiveness and assist us in being at the forefront of our clients’ future needs to deliver desired business outcomes. The partnership with Copenhagen Fintech solidifies this strategic focus area. We look forward to playing an even more active role in the Danish fintech community, where we have already made interesting new acquaintances.”Invitation for partnership eventTo celebrate and kickstart the partnership, SimCorp, Copenhagen Fintech, and The Confederation of Danish Industry invites the Danish fintech community for a breakfast event on March 18. Under the title of ‘Accelerating Business Opportunities, the three parties will present their perspectives of the partnership and showcase an example of how collaboration between start-ups and corporates can accelerate business opportunities and innovation. To  learn more and register for the event, please click here.Enquiries regarding this announcement should be addressed to:Mittal Shah, SimCorp PR UK/North America /Asia Pacific, +001 (646) 843 [email protected] Crillesen, SimCorp Corporate Communications, +45 3544 0000 [email protected] Krogh Jensen, CEO, Copenhagen FinTech, +4520601548 [email protected] SimCorpSimCorp provides integrated, best-in-class investment management solutions to the world’s leading asset managers, fund managers, asset servicers, pension and insurance funds, wealth managers, central banks, sovereign wealth funds, and treasury. Regardless of how you deploy it, SimCorp’s core solution, SimCorp Dimension®, and its life-cycle services support the entire investment value chain and range of instruments, all based on a market-leading IBOR. SimCorp invests around 20% of its annual revenue in R&D, helping clients develop their business and stay ahead of ever-changing industry demands. Listed on Nasdaq Copenhagen, SimCorp is a global company, regionally covering all of Europe, North America, and Asia Pacific. For more information, please visit www.simcorp.com.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 catalyzing the next era of technology-led corporate and startup innovators.

Press release: Danish fintech regulation must be international

Feb. 26, 2020

Copenhagen Fintech Policy has today answered the Danish FSA's discussion point of regulation between finance and new technology.Copenhagen Fintech Policy is a new collaborative initiative between Confederation of Danish Industry (Dansk Industri), Finance Denmark (Finans Danmark), The Financial Services Union (Finansforbundet) and Copenhagen Fintech.To read the full press release in Danish follow this link:PM Høringssvar