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Findec takes over Stockholm Green Digital Finance
Findec, Sweden’s hub for fintech that aims at boosting the country’s fintech ecosystem, is taking over Stockholm Green Digital Finance (SGDF).
“Stockholm Green Digital Finance put Sweden on the map as one of the very first initiatives, driving sustainable finance innovation through fintech solutions. We are honored to continue this journey under the lead of Findec,” says Anders Norlin, CEO of Findec.
Findec’s role is to foster collaboration in the fintech sector and support its members. Taking SGDF into its fold made perfect sense. Originally founded as a test bed and run by a not-for-profit organization, SGDF aimed to showcase solutions for scaling up green finance. “We felt it was time for SGDF to move into the next phase. When we founded it in 2017, we were among the first to explore fintech as a lever for green finance acceleration. Today, it is rewarding to see many actors in this space, doing a great job,” says Cecilia Repinski, CEO of the Green Assets Wallet and founder of SGDF.
This could not come at a better time. During Copenhagen Fintech Week on 15 September 2020, one of the most important global fintech events, Implement Consulting Group, together with Findec and others, released the ‘Deciphering the Nordic Impact Map’. They looked at how well Nordic fintech startups are aligned with the SDGs in key areas such as e financial inclusion & impact, climate & energy, and ESG data. According to Anders Norlin, with 186 impact-startups, Sweden and the other Nordic countries, are leading the way in finding financial solutions for a more sustainable society.
Cecilia Repinski will stay on as a sustainability ambassador for SGDF. “Essentially collaboration and knowledge-sharing are still at the core of SGDF, just as they are part of Findec’s vision.” Cecilia will focus her energy on the Green Assets Wallet, a global platform that uses blockchain to ramp up the market for impactful investments, and one of the greatest outcomes of SGDF. “There was just no time left to nurture the foundation on which we built SGDF. Findec is very well suited to continue the work we started.”
SGDF was one of the founding members of the International Network of Financial Centers for Sustainability (FC4S) - a network of financial centers and the UN Environmental Programme set up to accelerate sustainable finance to deliver on the Paris Agreement and the SDGs. “SGDF has been key to help facilitate the policy dialogue on green digital finance in Sweden and beyond,” explains Stephen Nolan, Managing Director, UN Financial Centres for Sustainability. “Three years ago, SGDF was one of the very few exploring fintech in the area of green finance, while many others were just scratching the surface of green finance.”
“We have had a very good collaboration with Stockholm Green Digital Finance over the past years, this is something we will continue and further amplify in the future.” Marianne Haahr, Director of Green Digital Finance Alliance (GDFA).
As of September 2020, Findec will host all future SGDF activities, continuing to explore, develop and run initiatives that stimulate green finance and the fintech sector in Sweden.
For more information on SGDF, please contact Anders Norlin, CEO Findec, [email protected]
Stockholm Green Digital Finance was launched at the G20 GreenInvest Meeting in Berlin in May 2017. The center was set up to serve as an independent innovation platform and test bed to demonstrate creative solutions for scaling green finance and investment.
Green Assets Wallet (GAW) is the world’s first blockchain platform for easy validation and impact reporting of green bonds. With its blockchain technology, it aims to significantly ramp up the market for impactful investments.
Findec is Sweden's Hub for fintechs, with a purpose to boost Sweden's financial technology ecosystem through network, knowledge-sharing and collaboration. Their mission is to drive innovation and access to market, by helping to build companies and attracting talent.
Nordea in partnership with Findec - The Swedish hub for Fintechs!
Nordea, the largest financial services group in the Nordic region has signed a partnership agreement with Findec - the Swedish hub for Fintechs!
Findec - Fintech & Decentralized, is the Swedish hub for start-ups within Fintech including areas as Regtech, Insurtech and Blocktech - with the mission to boost the Swedish ecosystem and create more success stories by supporting members through network, knowledge and funding. Findec is part of the Nordic Fintech Alliance, together with other fintech hubs from Denmark, Finland, Norway and Iceland.
“We are very happy to have Nordea on board as a partner since they are very active within the start-up scene and a partnership will for sure promote our members and the fintech ecosystem as a whole” explains Mats Holmfeldt, co-founder and Chairman of Findec.
”Our partnership with Findec builds on our existing network of relationships across the Nordic region. We are looking forward to working closely with the Findec team to contribute toward the development of the local Fintech ecosystem in Stockholm and Sweden” explains Ewan MacLeod, Nordea’s Chief Digital Officer.
Findec is a hub embracing the whole Swedish Fintech scene. Besides an extensive digital community platform, regular meet-ups and international initiatives, Findec will run targeted business development programs in close collaboration with Nordea and other partners. Findec currently has over 100 members and expect to grow to over 200 members by 2020.
Nordea is the largest bank in the Nordic region and among the ten largest financial groups in Europe in terms of total market capitalisation with around 10 million customers. The Nordea share is listed on the Nasdaq Helsinki, Nasdaq Copenhagen and Nasdaq Stockholm exchanges. Read more on nordea.com