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The 12 hottest Nordic fintech startups

Oct 30, 2015, 21:14 IST

Klarna

Financial technology, better known as fintech, is absolutely exploding around the world right now, with new businesses springing up doing everything from online lending to handling cryptocurrencies.

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London has emerged as a capital of fintech in Europe, with the UK attracting $5.4 billion (£3.5 billion) of investment in the sector over the last five years compared to $4.4 billion across the rest of Europe.

But Europe's Nordic countries - Denmark, Sweden, Iceland, Norway, and Finland - also have a flourishing scene. The region is already home to a so-called fintech "unicorns" - startups worth over $1 billion.

We've rounded up the 12 most exciting fintech businesses from the region below.

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