Fintech in the Nordics!

Building on the mounting bulk of fintech predictions, Deloitte has just published a report on the current and future status of fintech in the Nordics. Based on numbers from the World Bank and the Nordic Web, Deloitte estimates that fintech accounts for the largest amount of veture capital with more than 11 % of total invested capital. The Nordics are gaining traction as the new hub for fintech in Europe. As the market in the Nordics is less mature than in the other two leading hotspots Germany and the UK, it seems evident that the activity will increase and the current market dynamics will be challenged even more in the near future.
The report discusses possible impact in the immediate future and industry changing effects of 5+ years. Furthermore, the report touches upon the role of collaboration with incumbents and the regulatory agencies.

Read the full report here.