NextGen Nordics will carry collectively a number of stakeholders – the banking group, central banks, public authorities and commerce and enterprise beneficiaries – to generate group dialogue, discover the advantages and supply sensible recommendation on activating the alternatives of latest applied sciences within the Nordic area. Register for the occasion right here.
Loopfront sees 300% improve in customers since December
Norwegian round economy-focused startup Loopfront has seen a 300% improve in customers on its platform following the completion of its seed funding spherical on the finish of 2021. The corporate raised $6 million in a seed funding spherical led by ProVenture, with Wiski Capital and Aidiom taking part.
The cloud-based IT-startup, centered on fixing the worldwide environmental challenges actual property and development sectors have with circularity, has energetic customers throughout Norway, Sweden, and Germany.
Moreover, the corporate has been chosen by Swedish-based Adda AB as their provider, which comes after a brand new model of the Loopfront platform was launched. The Loopfront crew additionally expanded their enterprise mannequin, promoting subscriptions to firms who want to use Loopfront information.
Danske Financial institution checks quantum communication for information switch
Danish researchers are claiming a breakthrough in IT safety after utilizing quantum communication to switch information between computer systems at Danske Financial institution. The researchers, from the Technical College of Denmark (DTU), labored with Danske and KPMG on the venture, which efficiently transferred information between two of the financial institution’s computer systems that simulate information centres.
The occasion marked the primary information switch within the Nordics secured by quantum keys on a community outdoors a laboratory. The switch was carried out utilizing a know-how developed at DTU known as steady variable quantum key distribution (CV-QKD), which allows the creation and sharing of safe encryption keys with the assistance of ordinary telecom fibre optics.
Airpay Digital announce partnership with Enfuce
Finnish firms Airpay and Enfuce introduced their partnership which is able to permit Airpay to course of Visa card funds. By utilizing Enfuce’s cost platform, Airpay can supply sensible enterprise playing cards that includes automated bookkeeping. Airpay will concern cost playing cards via their Visa license and full this providing via Enfuce’s end-to-end cost service.
Freetrade receives regulatory approval to launch in Sweden
Finansinspektionen has authorised Freetrade to supply its product to Swedish retail buyers. This comes after development for the corporate which now has 1.2 million customers within the UK and over £1bn in AUA. Earlier than a launch to the general public, the app will run a closed beta for folks already signed as much as a waitlist.
Rocker releases biometric cost playing cards
Swedish financial institution challenger Rocker introduced its partnership with IDEMIA and IDEX Biometrics to launch Rocker Contact, a biometric funds card, making them the primary in Sweden to take action.
,Forward of our NextGen Nordics convention on 27 April 2022, we shall be placing collectively a weekly briefing of all the highest tales which might be rising out of the area and setting the blueprint for funds innovation throughout Denmark, Finland, Iceland, Norway, and Sweden.,
