Nordea teams up with Stockholm Fintech Hub to accelerate innovation

Sweden-based financial services company Nordea announced that it is teaming up with Stockholm Fintech Hub (SFH), an office scape and hub that is dedicated to the fintech community, in order to collaborate on-site with startups from across the country.

Nordea is already partnering with fintech hubs in Helsinki, Oslo and Copenhagen. The company stated that a number of staff from Nordea will move into the space, thus enabling the company to collaborate, co-create and converse with fintech startups, other banks and new players like IBM and Microsoft.

“We don’t yet know exactly what kind of services and benefits the cooperation will bring, but that’s what makes this so exciting. We’re here to learn and see what we can achieve together,” Ewan Macleod, Chief Digital Officer at Nordea, stated.

With such kind of collaborations with fintech community that connect startups, regulators and financial institutions, Nordea can offer new, relevant as well as valuable solutions to its customers in a faster way. Also, Nordea’s partnership with the SFH will enable us to contribute to a more entrepreneurial Sweden.

The Stockholm Fintech Hub will include established financial institutions like Nordea as well as start-ups, regulators, educators, tech providers, investors and professional services companies. According to a recent announcement made by SFH CEO Matthew Argent, the hub intends to support the United Nations Environment Program to pilot the UN’s 2030 vision for sustainable finance.