Building Bridges: Nordic Collaboration Boosts Innovation, Compliance
Common business practices among Nordic coutries may mean the region is better placed to handle the data management aspects of new regulations.
Notable for Danish “hygge” flat-pack furniture design, high taxes, and socialist policies, the Nordics—comprised of Norway, Sweden, Finland, Denmark (connected to its neighbor Sweden by a marvel of modern engineering, the five-mile Oresund Bridge), and Iceland—are also home to superstar fintechs, such as Sweden’s iZettle and Tink, and payment and exchange technology companies.
Deloitte dubbed the region a “European fintech hotspot.” The explosive growth of the Nordics’ financial services
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