Fintech's presence on Sifted's latest ranking of the Nordics' 100 fastest-growing startups has shrunk sharply. The sector now accounts for 15% of the list, down from more than a quarter a year earlier, according to the article. That decline is the latest sign of the region's fintech slump.
One exception is FlatPay, which the article describes as soaring while the rest of Nordic fintech searches for its next act. The piece suggests the sector is still looking for a new source of momentum after a period of weaker performance.
As a single-source dispatch, the article offers no competing views to compare. Its main claim is straightforward: Nordic fintech has lost ground on the leaderboard, and FlatPay is the standout.