Latest Scandinavian Financing News

Meet your new financial management assistant Kidbrooke

On 23 September 2020, the Nordic Innovation House Hong Kong introduced the latest on Nordic innovation. Kidbrooke provides B2B automated financial analytics, designed to lower the cost of providing wealth management services without compromising on performance. Their APIs power digital wealth offerings across a wide variety of financial institutions; from established incumbents to aspiring FinTechs.…

The Finnish Consul General expressed concern for banks amid growing China-US tension

Consul General of Finland in Hong Kong and Macao Ms Johanna Karanko is in the news in Finland on 3 September 2020. “The struggle between the United States and China in Hong Kong will turmoil the operations of Finnish companies as well. “Sanctions for banks are of the biggest concern”, said Ms Johanna Karanko. “Most…

The Asian Infrastructure Investment Bank (AIIB) appoints Erik Berglof the first Chief Economist

The Asian Infrastructure Investment Bank (AIIB) President Jin Liqun announced that Erik Berglof has been appointed the Bank’s first Chief Economist, effective 1 September 2020. As head of the Economics Department, he will set the vision and strategy for the Department and lead the planning, implementation and supervision of its work plan in support of…

Nordic Innovation House invites related companies to join Smart Cities Programme 2020 Webminar

The Nordic Innovation House Singapore (NIH-SG) invites Smart City related companies to join the next virtual event happening on 26 August 2020. As part of the Smart Cities Virtual Market Entry Programme – Singapore 2020, Nordic Innovation House Singapore (NIH-SG) welcomes Nordic smart cities companies to an online introductory session with our programme partners –…

The Norwegian Business Association Singapore invites Fintech fans to join their Webminar on 13 August 2020

The Norwegian Business Association Singapore invites Fintech fans to join their upcoming Webminar event on 13 August 2020. The invitation said: NBAS would like to invite you to our upcoming webinar on Super Apps – The Future of FinTech, sponsored by DNB Check out our incredible panel, and join us on the 13th of August,…

Introducing R3, blockchain software leader

R3, the innovative enterprise blockchain technology firm, is the company which brought to Thailand the world’s largest blockchain ecosystem, Corda Network. Corda is an open source blockchain platform that enables businesses to transact directly and in strict privacy using smart contracts to reduce transaction and record-keeping costs and streamlining business operations. R3 supports a thriving…

Finnfund invests in Proximity Finance to help reach more smallholder farmers in Myanmar

Proximity Finance, Myanmar’s first farmer-focused finance institution, signs a 14 million US dollar equity package with Finnfund, Nordic Microfinance Initiative (NMI) and Proparco. Proximity Finance was launched in 2010 as the microfinance arm of Proximity Designs, one of the largest agricultural services platforms in Myanmar, that provides farm technology, agronomy advice and financial services to…

Sweden participated in Asian Development Bank’s first virtual conference

Swedish Ambassador to the Philippines,H.E. Harald Fries, was the designated representative of Sweden in the first stage of the Asian Development Bank (ADB)’s 53rd Annual Meeting of the Board of Governors on 22 May 2020. In its first-ever virtual Annual Meeting held amid the COVID-19 pandemic, the Board of Governors recently approved ADB’s financial statements…

Travelers Might See More Cryptocurrencies in Asia

In the past, East Asia has had a somewhat muddled reputation with regard to cryptocurrency. Many around the world remember things like China’s early reluctance to the spread of bitcoin and assume that the broader region is averse to cryptocurrency development. In some cases and at certain times, that assumption has been more or less…

New Cybersecurity Challenges for FinTech Industry

For some time, fintech startups have been growing at a staggering rate. They are not only improving the products and services of the existing financial services but are also offering an alternative to conventional financial solutions. However, despite this rapid growth rate with which the fintech solutions have transformed the global market, there are still…