Linus Sandberg

Loyalty Programs Market of the Nordics: Market Value Size Turning our attention to the Nordic region, which includes Denmark, Finland, Iceland, Norway, and Sweden, the Loyalty Programs market offers a nuanced picture. The combined market size for these programs in the region is a modest $2.9 billion, accounting for 7.2% of the total European market. However, on a per capita basis, the annual value of these programs in the Nordic region stands at a significant $95, nearly double the European average. This suggests that while the market may be small in absolute terms, residents of the Nordic countries are highly engaged with these loyalty programs on an individual basis. When viewed as a percentage of the region's Gross Domestic Product (GDP), Loyalty Programs account for 0.14%. This is slightly below the European average, indicating that the market's relative significance within the region is modest. In summary, the Loyalty Programs market in the Nordic region is modest in terms of both overall market size and its contribution to the regional GDP. However, its nearly double per capita value indicates a market that is significant in terms of individual engagement, offering a different dimension to its market dynamics. The above excerpt is from the recently launched IMA Europe European Incentive Market Report 2023. Full report available in the Members Area on www.imaeurope.com Curated by Rik Luttmer on behalf of IMA Europe #IMAEurope #LoyaltyPrograms #NordicMarket #CustomerEngagement #MarketInsights #NordicEconomics #RetailInnovation #ConsumerLoyalty #MarketValue #EconomicImpact #PerCapitaSpending #IndustryAnalysis #BusinessStrategy #MarketingTrends #NordicBusiness #FinancialAnalysis #RikLuttmer #EuropeanMarketReport #LoyaltyMarketing #CustomerRewards

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"...seeing that we're now getting that type of recognition is both super humbling but also extremely rewarding..." In this episode, we speak to Lena Hackelöer, Founder and CEO of Brite Payments all about the rapid growth of Brite Payments, the invaluable experience she gained working at Klarna and winning both the Founder of the Year and Most Successful Scaleup Awards at the Hustle Awards 2024. Out 13th September at 2pm👀 https://bit.ly/3ODH9KB #StartupsMagazine #Startups#Entrepreneur #TheCerealEntrepreneur #TheCerealEntrepreneurPodcast #Podcast

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Exciting news, you can now add PostNord's delivery widget to Avarda 's checkout. By integrating PostNord with Avarda Checkout, the choice of delivery becomes simple and efficient, benefitting both e-tailers and e-customers.   - Being the first to implement PostNord's new widget is a great advantage for us. We look forward to offering our customers an improved and more integrated shopping experience that will benefit both them and their end customers," says Wilhelm Hyltén-Cavallius, CCO at Avarda .   Postnord's TA-solution Skicka Direkt Business will be seamlessly integrated with Avarda Checkout, which means that the e-tailer can control their shipping options in checkout and book freight and print shipping labels in one place. This reduces friction and increases ease of use.   - The setup is super-easy to do; you just make sure you have an agreement with Avarda and an account in Postnord Portal Business and then you just notify Avarda that you want to turn on the integration. Configure which shipping services you want to present in the checkout and you are up and running.   https://lnkd.in/dtBE-hPp  

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🌟 Exciting News for Businesses! 🌟 Introducing our B2B Klarna Solutions! 💼 Ever wanted to offer your clients the convenience of split payments? Now you can with our innovative B2B Klarna solutions! Here's how it works: 🔹 Split Payment Options: With our B2B Klarna solutions, businesses can offer their clients the flexibility to split payments for goods and services over a period of time, making purchases more manageable and affordable. 🔹 How It Works: Whether it's a large order or ongoing services, our B2B Klarna solutions allow businesses to split payments from £150 to £1,000,000 into 3 to 12 instalments. Clients can enjoy the benefits of spreading out their payments while businesses receive the full payment upfront, eliminating the risk of late or missed payments. 🔹 Who It's Good For: Our B2B Klarna solutions are perfect for businesses of all sizes looking to provide their clients with flexible payment options. Whether you're a supplier, service provider, or retailer, our solutions can help enhance your customer experience and boost sales. Don't miss out on the opportunity to offer split payment options to your clients and take your business to the next level! 💳 Contact us today to learn more about our B2B Klarna solutions. #B2B #Klarna #SplitPayments #BusinessSolutions

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Las Vegas, we’re ready! Mikael Linell and Isak Nyberg are heading to Money20/20 Las Vegas 2024 from October 28th to 30th, where they’re eager to meet forward-thinkers and innovators in the payments and banking sector. They’re also excited to catch up with familiar faces from past events. Be sure to schedule a meeting  through the platform or send an email to [email protected] to learn more about Centiglobe’s cutting-edge solutions. Centiglobe helps banks, financial institutions, and companies unlock and accelerate business value by enabling predictable, transparent, secure, and instant global payments, powered by DLT and tokenized deposits. Let’s meet in Las Vegas and explore how we can drive innovation together! #crossborderpayments #tokenization #tokenizeddeposits #innovation #blockchain

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Nets, part of European PayTech Nexi Group, and Klarna, the AI-powered global payments network and shopping assistant, have entered a partnership that will bring Klarna’s popular payment methods to Nets’ Nordics merchant customers. Klarna’s flexible payment options will be integrated into the Nets checkout for e-commerce merchants in Sweden, Norway, and Denmark. This will further solidify Nets’ position as a leading payments gateway provider, enabling its merchant partners to seamlessly offer consumers access to Klarna’s popular payment methods, without the need for multiple technical integrations. Consumers who wish to pay with Klarna can choose to do so with a range of Buy Now, Pay Later and instalment products. “We strive to facilitate flexible, safe and convenient payments for consumers shopping online,” said Johanna Tell, Head of Nordic e-commerce at Nets. Björn Bryngelson Country lead Sweden, commented: We are thrilled that our partnership with Nets - a major player in the Nordics - will now enable merchants to offer Klarna’s flexible payment options to consumers, without the need for multiple complex technical integrations. Source: https://lnkd.in/eJupY7iS Sign up for more news updates like this in our daily newsletter: https://lnkd.in/eskQx7Ym #payments #partnership #paytech #bnpl #paymentprovider #digitalpayments #paymentservices #fintech #fintechnews

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This is interesting, if you are into Fintech or AI. Even if you are not, it’s another data point on the rapid adoption of AI and what it can do for you or to YOU!

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Banks + merchants + fintechs = match made in heaven, if the banks enable us to be! 🤝 Scroll for a recap from our CEO Christoffer Andvig's keynote at Nordic Fintech Summit 👉 #Neonomics #NFS24 #openbanking #a2a #payments #fintechs

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Klarna: soon available with HiPay! 🙌 Currently being integrated by our experts, the Klarna solution will enable you to boost your business by offering several convenient payment options, which differ by country: 👉        Pay in 30 days, 👉        Pay in 3, 👉        Financing, 👉        Pay now. With notably 550,000 merchant partners and 150 million end customers, Klarna will thus meet the ever-changing needs of your market to take your payment strategy to the next level with HiPay! 🚀 Read our latest blog post for more details on this augmented payment offering for even greater flexibility.👇 #HiPay #Klarna #AugmentedPayments #Flexibility

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In advance of Revenue Berlin [Tues, 1st Oct] we interviewed Schibsted Media's self confessed "subscriptions nerd", Bård Skaar Viken: "With more than 40% of Norwegians paying for online news, we can see a sustainable financial future." Full interview: https://lnkd.in/dYDEwTvN Join us in Berlin: Just 100 tickets!! Tues 1st Oct: https://lnkd.in/di7ax4Xj Key quotes: "Speaking from a Schibsted perspective, we currently put a lot of effort into various personalization initiatives, finding new ways of delivering a more personalised content experience supported by hyper-targeted commercial communication. "I still believe that we have just dipped our toes into the opportunities, both in terms of optimising our existing business and opening new paths for growth. The good news is that off-the-shelf software providers and AI are making many things we dreamed about four or five years ago much easier to achieve. "The number of media organisations you can be inspired by and learn from has grown exponentially in the last few years. Ten years ago, there were not many companies that had advanced significantly in digital subscriptions. Now you can find inspiration everywhere." #RevenueEurope #media #revenue #diversification #subscriptions Cobus Heyl John Schlaefli Andrea Cooper Dr. Bastian Schwithal Bård Skaar Viken Joice P. Carlotta Serantoni || Come and join us in Berlin!

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TO BUY? OR TO RENT? 24/7 Smart Surveillance understands that one size doesn't fit all, and we strive to provide solutions that meet all our clients' needs. Our finance models enable clients to choose between outright purchase and rental options. 24/7 Smart Surveillance Manager Frik Hanekom shares: "We introduced rental options for our Remote Site Monitoring products and services as once-off capital expenditure does not suit all our clients. Renting equipment and services can be more cost-effective than purchasing outright, especially for short-term or temporary monitoring needs." Flexibility Rental options can provide flexibility in terms of scalability and duration, allowing you to adjust your monitoring setup as needed. Access to the Latest Technology We pride ourselves on providing the most advanced technology and equipment, ensuring you have the best tools for your monitoring needs. Reduced Maintenance We manage maintenance and repairs, plus insurance. Quick Deployment Our rental options provide fast deployment - essential for rapid response or emergencies. No Long-term Commitment Our rental options don't require long-term contracts, allowing you to adjust your monitoring setup as needed. Monitoring Expertise Our rental options come with the assurance of experienced personnel to monitor and respond to security events, providing an additional layer of security expertise and peace of mind. 24/7 Smart Surveillance's rental options for Remote Site Monitoring offer flexible, cost-effective, and technologically advanced solutions. 24/7 Smart Surveillance is advanced off-site monitoring powered by 24/7 Security Services. Contact us for more information - [email protected] / 011 444 2237. #247smartsurveillance #remotesitemonitoring #offsitemonitoring #247security #247securityservices #cctv #alamverification #videoverification #security #securitysystems #securitycameras #securitymanagement #surveillance 🇿🇦

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Klarna credit card launches in the US as Swedish fintech grows its market presence Klarna is launching its credit card in the United States, the Swedish fintech giant told TechCrunch in an exclusive interview. “It was one of our most asked for products,” said David Fock, Klarna’s chief product and design officer, “and will allow people to pay in the Klarna way but with a card.” By “Klarna way,” Fock means in installments. While the company’s offerings have evolved over the years, it started out as a buy now, pay later business, giving consumers a way to spread out payments over time. Klarna launched a credit card in the EU several years ago but this will be the first time consumers in the U.S. can apply for one. With the Klarna credit card, the company is now competing with the likes of Apple and more recently, Robinhood as well as rival BNPL player Affirm in offering a credit card in the United States. It is partnering with Salt Lake City–based WebBank in the effort. There is no annual fee for the card, and no foreign transaction fees. Users can earn up to 10% cash back on selected merchants when using the card in its app, and the card integrates with the company’s AI assistant to find deals on planned purchases, he said. Klarna’s virtual Visa card is compatible with Google and Apple Pay. For now, people can apply to be on a waitlist for the card, which will be rolling out in the coming months. Customers can pay for purchases either in stores or online. They will have the option after the fact to spread out the payments for a larger purchase across three to six months, with an interest rate ranging between 14.99% – 33.99%. Or, they can extend the due date by one month, also paying an interest in the range of 14.99% -33.99% on that purchase. While that interest rate isn’t unheard of for BNPL offerings (though it can be far lower), it is high compared to typical credit cards, which tend to be closer to 30% at the high end according to Nerdwallet. Like other credit cards, or other Klarna BNPL options, if users pay off their balances before they are due, they’ll avoid paying interest, Fock says. “Our customers are typically looking for the free option,” he said. “We really want this to be an extension of how customers are used to using Klarna.” Naturally, Klarna will earn interchange revenue as well as any interest collected. Source Techcrunch

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“Migrating our payment setup to Denmark took less than half a day. It would’ve been even faster if our two sites had looked identical!” – David Öhlund, CEO of GF Money Scandinavia. Nordcredit, a Danish subsidiary of GF Money, is a fintech specializing in flexible credit. As a part of a larger group of fintech companies, they can implement and rely on technology that puts them at an advantage over the competition. One exciting example is their use of open banking payments and a custom-built CRM system. Why did Nordcredit choose open banking payments?  Historically customers paying back their loans did so through a regular, manual bank transfer. They decided to evolve and embed payments into their product dashboard. The decision ultimately landed on open banking payments. Partly, thanks to one of Nordcredit’s sister companies, GF Money in Sweden. Why select Finshark as a partner?  GF Money in Sweden was the first subsidiary to implement open banking payments through Finshark. When Nordcredit decided to do the same they looked inwards and decided that the best way to go about it was to re-purpose the implementation already made. “Migrating our payment setup to Denmark took less than half a day. It would’ve been even faster if our two sites had looked identical!” – David Öhlund, CEO of GF Money Scandinavia. "What GF Money and Nordcredit have created is truly inspiring. We’ve seen smart, scalable solutions implemented by our platform partners or payment orchestrations before. Taking that mindset and applying it for internal purposes is brilliant." – Bekir Busatlic, CTO at Finshark. Get the full story from the link https://lnkd.in/ec6NePax #fintech #openbanking #payments #lending #lendingsolutions

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Finnish marketing platform secures €2.45 million to expand marketing tech for SMEs Helsinki-based startup Serviceform has raised €2.45 million in funding to expand its marketing technology platform, which consolidates tools for lead generation, customer management, and workflow automation into a single solution. The round was led by Virta Equity, alongside BackingMinds, Gorilla Capital, and angel investor Lasse Järvinen. The company, which has achieved break-even and operates on over 4,000 websites across 25 countries, plans to use the funds to scale its operations, explore new industry verticals, and pursue potential acquisitions. Serviceform will also focus on forming partnerships with resellers to drive further growth, with a particular emphasis on its established presence in the automotive and real estate sectors. https://lnkd.in/dG7kQ-9S #funding #nordicmade #finland #startups #artificalintelligence #machinelearning #saas #trending

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Visit Finland’s digital distribution channel on today’s agenda. We believe that travel ecommerce need to catch up with retail and other industries. This is Stayify’s mission. If you are visiting today, let’s meet! Ping Thomas Tallskog for a chat. #stayify #travelecommerce #bookingengine #traveltech #businessfinland #visitfinland

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