The Helsinki Fintech Farm has published its annual list of the top established fintech companies in Finland and has named Nomentia among one of the Top 20 companies.
The Finnish fintech industry has around 200 fintech startups, fintech scaleups and established companies and the combined revenues of the sector has grown from €1.2 billion in 2020 to €1.4 billion in 2022.
Other companies listed on the established fintech companies list included ePassi, Multitude, Basware, Samlink, Accountor Finago, Paytrail, OpusCapita, and Lemonsoft to mention a few. The full list in order:
1. Epassi
ePassi is a mobile payment app for employee benefits.
2. Multitude
Multitude has consumer and business lending businesses, and a shopping and financing app.
3. Basware
Basware provides software that automates finance and procurement processes for businesses.
4. Samlink
Samlink is a technology service provider for the financial sector.
5. Accountor Finago
Accountor Finago’s is a software provider known for its financial management software Procountor.
6. Crosskey
Crosskey is a technology service provider for the banking industry.
7. Administer
Administer is a digital financial management services company.
8. Paytrail
Paytrail is a digital payment platform and part of the financial equipment company Nets.
9. Profit Software
Profit Software provides system solutions and consulting services to the financial industry.
10. Saldo
Saldo Finance provides automated credit solutions for consumers and SMEs.
11. Blue Finance
Blue Finance is a digital lending platform offering consumer loans and corporate financing.
12. Nomentia
Nomentia provides cloud treasury and cash management solutions.
13. OpusCapita
OpusCapita provides e-invoicing, O2C and P2P messaging, and procurement solutions.
14. Lemonsoft
Lemonsoft is a software company that develops ERP software.
15. Checkout
Checkout Finland was acquired by digital payments company Paytrail (#8) in 2021.
16. Eone Group
Eone Group owns, invests in, and develops digital marketplaces and technology ventures.
17. Cloudia
Cloudia provides source-to-contract procurement services for public and private organizations.
18. Heeros
Heeros specializes in cloud-based business management solutions.
19. ALM Partners
ALM Partners specializes in financial asset and liability management.
20. FA Solutions
FA Solutions provides portfolio management solutions to wealth management companies.
For more information and an overview of the Finnish fintech startups and scaleups, please read the full article here.