About FinTech sector in Sweden
The FinTech sector in Sweden comprises 999 companies, including 363 funded companies having collectively raised $9.93B in venture capital money and private equity. Out of these, 199 are Series A+ funded, and 1 has achieved unicorn status.
FinTech sector in Sweden has seen 100 acquisitions and 39 IPOs. This represents almost 13.9% of all such companies - which is higher than the 5.0% exit rate of tech companies in general.
This sector includes companies offering tech-enabled financial services and IT infrastructure and software for offering and managing financial services.
FinTech sector is also known as BFSI Tech.
Companies included in FinTech
Companies providing tech solutions to provide financial services like lending, banking, fundraising, insurance, etc.Companies excluded in FinTech
Companies offering traditional financial services like Banks, NBFCs, Insurance Carriers, etc.Top FinTech Companies in Sweden
There are more than 999 companies in FinTech in Sweden. Tink is the top FinTech company in Sweden, ranked using Tracxn Score (what's this?).
Here are 5 of the top FinTech companies in Sweden:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Operator of an open banking platform providing connectivity and data services | Stockholm (Sweden) | 2012 | Acquired | $359M | |
Digital platform for pet insurance | Stockholm (Sweden) | 2020 | Series B | $39.9M | |
Developer of an online platform for point-of-sale financing | Stockholm (Sweden) | 2005 | Public | $4.19B | |
App-based research and relations management platform for individuals and companies | Stockholm (Sweden) | 2012 | Series A | $23M | |
Provider of white-label subscription management solutions | Gothenburg (Sweden) | 2016 | Acquired | $28M |
Companies founded year-on-year in the FinTech sector in Sweden
95 FinTech startups in Sweden were founded in 2021 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 3 |
2024 | 14 |
2023 | 38 |
2022 | 59 |
2021 | 95 |
2020 | 78 |
2019 | 70 |
2018 | 91 |
2017 | 66 |
Stage-wise distribution of FinTech sector companies in Sweden
Out of the total 999 FinTech companies in Sweden, 363 have secured funding. Among them, 199 have reached Series A or higher, and 165 to Series B or beyond.
Founded - 999
Funded - 363
Series A+ - 199
Series B+ - 165
Series C+ - 145
Company Stage | No. of companies |
|---|---|
Founded | 999 |
Funded | 363 |
Series A+ | 199 |
Series B+ | 165 |
Series C+ | 145 |
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Funding Trends in the FinTech sector in Sweden
Total funding year-on-year in the FinTech sector in Sweden
The FinTech sector in Sweden saw a total funding of more than $9.36B in the last 10 years. The most amount of funding was in 2021 at more than $2.71B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $1.71B |
2024 | $294M |
2023 | $274M |
2022 | $1.95B |
2021 | $2.71B |
2020 | $1.16B |
2019 | $733M |
2018 | $74.1M |
2017 | $342M |
Recent Funding Rounds in FinTech in Sweden
In the year 2025, till October 2025, FinTech companies in Sweden have raised $75.5M in equity funding across 11 rounds.
In the same period last year (i.e. till October 2024), FinTech companies in Sweden had raised $97.3M across 17 rounds.
So, 2025 has seen a 22.43% drop in funding in FinTech companies in Sweden as compared to 2024.
Here are some recent, important funding rounds in FinTech companies in Sweden:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6837 | Oct 28, 2025 | ||
Series B | 8523 | Oct 08, 2025 | ||
Series A | 4512 | Aug 07, 2025 | ||
Series A | 8027 | May 20, 2025 | ||
Seed | 4449 | May 09, 2025 |
Top Investors in FinTech in Sweden
Northzone is the top investor in FinTech companies in Sweden based on number of companies invested.
Here are some top investors in FinTech companies in Sweden:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | ||
Stockholm (Sweden) | ||
New York City (United States) | - | |
Stockholm (Sweden) | ||
Berlin (Germany) |
M&A activity in FinTech sector in Sweden
In the year 2025, till December 2025, 11 acquisitions happened in FinTech sector in Sweden. Last year, in 2024, a total of 11 acquisitions happened in FinTech sector in Sweden.
Here are some recent, important acquisitions in FinTech sector in Sweden:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Dec 01, 2025 | ||
Business Acquisition | Nov 26, 2025 | ||
Business Acquisition | Oct 30, 2025 | ||
Business Acquisition | Oct 21, 2025 | ||
Business Acquisition | Sep 23, 2025 |
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Acquisition trends in FinTech sector in Sweden
Here are the acquisition trends in FinTech sector in Sweden:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 11 |
2024 | 11 |
2023 | 13 |
2022 | 9 |
2021 | 17 |
2020 | 5 |
2019 | 8 |
2018 | 6 |
2017 | 4 |
IPOs in FinTech in Sweden
In the year 2025, till September 2025, 1 IPO happened in FinTech sector in Sweden.
Here are some recent, important IPOs in FinTech sector in Sweden:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 10, 2025 | New York Stock Exchange (NYSE) | |
Dec 17, 2021 | Stockholm Stock Exchange (STO) | |
Jul 17, 2017 | Nordic and Baltic regions (NASDAQ OMX) | |
Jul 07, 2016 | OTC Markets (OTCMKTS) | |
Jun 12, 2015 | Nordic and Baltic regions (NASDAQ OMX) |
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Colleges which produce the most FinTech companies in Sweden
Companies founded by alumni from top colleges in the FinTech in Sweden
Most number of FinTech startups in Sweden have been founded by alumni from Stanford University, Duke University and London School of Economics and Political Science.
College | No. of companies |
|---|---|
Stanford University | 4 |
Duke University | 2 |
London School of Economics and Political Science | 2 |
National University of Singapore (NUS) | 2 |
Stockholm University | 2 |
University of Pennsylvania | 2 |
Wharton School | 2 |
Bocconi University | 1 |
Harvard Business School | 1 |
Harvard University | 1 |
Total funding in FinTech companies founded by alumni from top colleges in Sweden
In the last 10 years, Bocconi University graduates' FinTech companies in Sweden have raised the most funding among top colleges. Harvard Business School and Harvard University alumni are second.
College | Total Funding |
|---|---|
Bocconi University | $121M |
Harvard Business School | $70.8M |
Harvard University | $70.8M |
Duke University | $15.9M |
London School of Economics and Political Science | $11.1M |
Stockholm University | $3.4M |
University of Pennsylvania | $1.6M |
Wharton School | $1.6M |
Stanford University | $1.01M |
INSEAD | - |
Top News in FinTech in Sweden
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Klarna Partners With Privy to Explore Crypto Wallet Use Within its EcosystemCoinDesk•Dec 11, 2025•Privy, Klarna, Privy
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Klarna Deepens Partnership With Blackhawk Network to Tap $447B U.S. Gift Card MarketBusiness Wire•Nov 20, 2025•Blackhawk Network, Klarna
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Tink launches new Basics Motion Sensor (Matter) in Germany for €29.95Notebookcheck Publishing GmbH•Nov 18, 2025•Tink
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Tink and Coinbase partner to launch Pay by Bank crypto payments in GermanyFinance Magnates•Oct 30, 2025•Tink, Coinbase
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Ace Hardware Partners with Affirm to Offer Flexible Payment OptionsCrowdfund Insider•Oct 02, 2025•Ace Hardware, Affirm, BoomerangFX, Klarna and 1 other
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