Sweden (mainly driven by Stockholm based start-ups) is one of the leading country in Europe in the Fintech sector. In 2014, reports positioned Stockholm as the 2nd most important city in Europe behind London and before Amsterdam with 15 investments, representing roughly 260 million dollars.
Two big names have contributed to shape the Swedish Fintech ecosystem : Klarna and iZettle. Klarna, a start-up that provides e-commerce payment solutions for merchants and shoppers has raised 125 million dollars from big investment funds such as Sequoia Capital or General Atlantic. iZettle, a mobile payment company, has raised more than 55 million dollars from prestigious investment funds such as Greylock partners, Santander Innoventures or Northzone.
However, the swedish Fintech market is not restricted to these 2 companies. The ecosystem is very robust and more and more swedish Fintechs are attracting investment funds’ eyes.
In the chart below, we can notice that NFT Ventures, a stockholm-based investment funds, is the most active VC fund in Sweden in number of deals. The fund has invested in almost 15 Fintechs from lending to payment.
We are glad to introduce you our list of the 6 most active VC funds in Fintech in Sweden :
Below is a list of fintech start-ups that communicated their fundraising to the public. Please be aware that the funds may have invested in other Fintech but did not communicate on them.
