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Sweden’s Tink raises $103M as its open banking platform grows to 3,400 banks and 250M customers

TechCrunch

Open banking platforms, where services that might not have previously lived next to each other are now joined up by way of APIs, has been one of the emerging trends of the last couple of years, and today one of the leaders in the space out of Europe has closed a round of funding to expand its business. It is live in Sweden, U.K.,

Open 117
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Juni, the banking platform for e-commerce and online marketing companies, raises €2M seed

TechCrunch

Juni , a Swedish pre-launch startup that’s building a banking app and platform for e-commerce and online marketing entrepreneurs, has raised just over €2.1 Leading the round is Berlin-based Cherry Ventures — the first deal, I believe, from newly recruited partner Sophia Bendz, who herself is based in Sweden.

Marketing 119
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As post-COVID food distribution digitizes, Cerve raises $2M for wholesaler platform

TechCrunch

Addressing this, Cerve , a Sweden-based food tech startup, has raised a $2 million seed round for its infrastructure platform that claims to automate wholesalers’ sales operations. Post-COVID, food wholesalers are fast digitizing their operations, but many still rely on legacy backend systems.

Digital 85
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Bitpanda obtains German crypto license as crypto platforms want to prove they are legit

TechCrunch

All eyes are currently on the collapse of FTX in the crypto industry. Bitpanda says it is the first European retail investment platform that meets these requirements. This principle is firmly embedded in our DNA as a fully regulated investment platform and, in my opinion, critical to the long-term success of our industry.

License 84
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Why you should pay attention to these 8 emerging tech hubs

The Next Web

But have you heard of what’s going on in Cyprus, Sweden or North Carolina? It’s home to hot startups like leading 3D printing marketplace Shapeways , interactive education service Gynzy and real-time advertising platform Flxone. Malmö, Sweden. Pune, India?. Tel Aviv, Israel?.

Attention 168
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Klarna launches new Klarna Kosma division for its open banking platform

TechCrunch

Last year, Visa surprised the European fintech industry as it announced that it would acquire Tink for €1.8 Tink and Klarna are also both headquartered in Stockholm, Sweden. billion ($2.15 billion at the time of the deal). Klarna now wants to compete directly with Tink with a new business unit that has its own brand — Klarna Kosma.

Open 91
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Sustainability data platform Worldfavor fuels up for ecosystem opportunities

TechCrunch

More funding for sustainability reporting: Sweden’s Worldfavor , an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas.