At the helm of the global fintech landscape
Stockholm's position in the fintech scene is a reflection of the coming together of a number of factors. Be it a market which encourages a global reach, a hotbed of talent, a tech-savvy end user market or a supportive infrastructural and regulatory framework, Stockholm has it all.
Stockholm is home to one of the largest and best-known fintech scenes in Europe. It is comprised of banks, startups, scaleups, investors, legal advisors, management consultants and many others. Our rise to tech prominence has matured over decades and interest in fintech in Sweden in general, and Stockholm in particular, shows few signs of slowing down.
The city boasts the highest valued private fintech company in Europe: Stockholm-founded giant Klarna’s raising of $1 billion USD in equity funding for international expansion in 2021 hammered home the huge potential to use the Swedish capital as a launching platform for fintechs. Klarna’s success comes as no surprise as Stockholm produces more billion-dollar companies per capita than any other region in the world after Silicon Valley, and is well known as the birthplace of unicorns like Skype, King, Mojang, Spotify, and iZettle.
The rise of these leading market players has paved the way for Stockholm to become one of the largest fintech communities in Europe. A healthy financial market, a generally robust economy, as well as a digitally mature society provides a solid foundation for fintech companies to thrive.
Get in touch and let us help you get connected!
Jenny Berthling
Project Manager - Growth Industries
Phone: +46 (0)8-508 28 008
Mobile: +46 (0)7047 28 008
E-mail: jenny.berthling@stockholm.se