Nordea innovation homes in on Stockholm
Nordea Bank has teamed up with the Stockholm Fintech Hub (SFH) for innovation ambitions and to connect with start-ups, financial institutions and regulators.
The bank says a number of people from Nordea will move into the space, so it can talk and work with start-ups, bigger companies, other banks and “new players” like IBM and Microsoft.
Ewan Macleod, chief digital officer at Nordea, says “we don’t yet know exactly what kind of services and benefits the co-operation will bring” but it is “here to learn and see what we can achieve together”.
As with most collaborations like this, Nordea says the partnerships can speed up the time to market for new solutions and enable it to “contribute to a more entrepreneurial Sweden”. Nordea is already partnering with fintech hubs in Helsinki, Oslo and Copenhagen.
SFH is not completely silent as CEO Matthew Argent also recently announced that it intends to support the United Nations Environment Programme to pilot the UN’s 2030 vision for sustainable finance.