Sweden launches fintech hub

Stockholm will have its own fintech hub in 2017

The Stockholm Fintech Hub – an independent not-for-profit innovation hub – will open its doors in the first quarter of 2017. The aim is to promote and accelerate the development of fintech, insurtech and regtech start-ups.

The initiative is backed by BLC Advisors, KPMG, NFT Ventures and Invest Stockholm.

According to KPMG, Stockholm-based companies have received 18% of all private placements in fintech companies across Europe in the past five years …

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