Stockholm Fintech Hub today announces the beginning of a strategic partnership with Handelsbanken, one of Sweden’s major banking institutions. The partnership is a further example of Stockholm Fintech Hub’s strategy to expand its network and build a sustainable ecosystem of banks, regulators and fintech startups and give them the space they need to collaborate.
The partnership with Handelsbanken will help position the bank at the centre of the journey towards innovative digital financial services. Handelsbanken will enjoy the benefits of an open working environment shared with other banks, fintech startups, and other players in the market in the hub, which is based in the offices above Central train station in Stockholm, Sweden.
Matthew Agent, CEO of Stockholm Fintech Hub, says “This partnership is another important milestone when it comes to connecting the different areas of the fintech ecosystem. The addition of Handelsbanken will help reinforce the notion that the Stockholm Fintech Hub is place where incumbent actors in the financial system can work side by side with fintech startups and learn from each other.”
“To strengthen our strategy which is centred around personal relationships, Handelsbanken is looking for innovation to make the digital experience more personal and the personal meeting more digital ” says Stephan Erne, Chief Digital Officer Handelsbanken.
“Partnering with the Stockholm Fintech Hub will give us the possibility to develop new services in collaboration with fintechs and other players.”
Handelsbanken’s partnership with the Stockholm Fintech Hub is effective immediately and will see the bank involved in workshops, presentations and potential sandbox environments – as well as social gatherings at the hub where representatives from startups and incumbent banks can discuss the future of financial services in an informal environment.
About Stockholm Fintech Hub
Sweden's independent physical space for the financial technology ecosystem
Stockholm Fintech Hub is a dedicated physical space for communication, collaboration, and cooperation that is tailored to the specific needs of fintech companies. The entire community including startups, established players, regulators, educators, tech providers, investors and professional services companies are all core to our community. The hub is the centre of gravity for collaboration within the fintech sector in Sweden and globally, with links to hubs around the world.
Fintech startups have different needs to other types of startup companies
Whether dealing with financial flows or data flows, financial companies are among the most regulated companies on the planet. So fintech startups need more specialised legal advice and experience, while the ramp-up period for a fintech can be longer than for other types of startups.
Communication, collaboration and cooperation make the ecosystem stronger
Stockholm Fintech Hub supports each stage of a startup from idea validation through to helping funded companies expand internationally. We have know-how, networking, infrastructure and education all under one roof.
For more information:
Matthew Argent, CEO Stockholm Fintech Hub
+46 (0)735 33 92 72 firstname.lastname@example.org