Latest Scandinavian Digital Economy News

Swedish Versasec opened Singapore Office

Versasec, the leader in smart card management systems, has opened of its new Singapore office (December 2017) serving resellers, customers and prospects in the Asia-Pacific region. The new Singapore office is Versasec’s second office opened in 2017, and joins the company’s existing locations in Dubai, the US, Germany, France, the UK and company headquarters in…

Ascend Capital early-stage Finnish tech companies investment

Ascend Capital Partners has invested in over 24 million euros in four early-stage Finnish tech companies aiming at expanding their market into China. These new investments were officially announced at the highly popular startup and tech conference, Slush, held annually in Helsinki, Finland. Ascend made the public announcement at a China-specific event sponsored by COMB+…

Nokia collaborates with StarHub: Singapore IoT development

The two companies plan to develop new IoT use cases and applications in the areas of connected living, connected vehicles and connected buildings, with plans to offer commercial services to customers the first quarter of 2018. The alliance between Nokia and StarHub to enable easier and more rapid development of IoT services will help enterprises…

Sweden participated in 13th World Islamic Economic Forum

The World Islamic Economic Forum (WIEF) was hosted for the 13th time on 21-23 November 2017, this hear held in Kuching on Borneo, Malaysia. Sweden participated in WIFE for the first time with an official delegation headed by Ambassador Dag Juhlin-Dannfelt with the participation of Stockholm Chamber of Commerce, Ericsson , EQT and the start-up…

Bankify of Finland lands seed investment from Reech

Reech Corporations Group has agreed a major seed investment in Finland-based social finance sharing app Bankify to fund an initial commercial rollout in selected markets (announced on 30 October). The app, which has been successfully soft-launched in Finland, will initially target customers in Finland, Ireland and the Netherlands. The aim is to be able to…

Nevs agrees with China’s DiDi on electrical vehicles

NEVS AB (the Swedish company who acquired the main assets of the Saab Automobile bankruptcy estates) and DiDi Chuxing, a leading Chinese mobile transportation platform, have formed a strategic partnership and finalized a number of steps towards an extensive cooperation. The formal signing took place in Trollhättan, Sweden in Late October, in presence of among…

Sarawak delegation visited Finland

Chief Minister of Sarawak (Malaysian Borneo state) Datuk Patinggi Abang Johari Tun Openg visited Finland 24-26 September 2017 as part of a two-week study visit in Europe. The focus areas of the visit included forestry and digital economy. In Finland the delegation visited among others, the Ministry of Agriculture and Forestry, Hyytiäla Forest Station, the…

Norway-Asia Business Summit 2018 in Singapore

The Norwegian Business Association Singapore has announced the seventh edition of the Norway-Asia Business Summit to take place in Singapore 16-18 April 2018. The Norway-Asia Business Summit has, since its start in 1998, evolved into a meeting place for Norwegian industry in the region, with strong support by the Norwegian government and the diplomatic missions…

Håkan Alm spearheads the economic-IT academic combo

Swedish expat in Thailand, Mr Håkan Alm has refocused and returned to the academic world. From IT service provider for the international businesses community and beyond, primarily in Bangkok, for many years including the role as Scandinavian Airlines Systems’ go-to guy in Asia when it came to any IT needs and troubleshooting, he suddenly decided…

Danish start-up Ernit, Nordic participation at Singapore FinTech Festival 2017

Singapore FinTech Festival returned for its second year during 13-17 November 2017, with strong Nordic participation, including Danish and Swedish fintech delegations. Singapore is a financial hub and ranks as fourth on the Global Financial Centre Index 2017. Singapore’s Monetary Authority of Singapore (MAS) organised this massive festival as a way for the City State…