While London may be considered as the Fintech hub for startups in Europe, the Nordic countries such as Sweden, Norway, Denmark, Iceland, and Finland, are also making a presence in what is becoming a competitive market.

We’ve put together a list of the ten hottest Nordic Fintech startups that deal with digital currencies, payment apps, online lending and more.

  1. Safello – Founded in 2014, Stockholm-based, Safello, is Sweden’s answer and link to the Bitcoin marketplace. Operating an online exchange for Bitcoin, Safello signed a proof of concept deal with Barclay’s in 2015 to determine how the Blockchain could be harnessed in the financial sector. It supports 32 countries in Europe, and with tens of millions of SEK, Euro, and GBP in and out of Bitcoin processed, Safello is leading the cryptocurrency revolution in Europe.
  2. Lendino – Copenhagen-based, Lendino, is a Danish peer-to-peer lending platform with a vision to make it easy and faster to borrow money while making an attractive lending opportunity for investors.
  3. LunarWay – Founded in August 2015, LunarWay is set in the heart of the city of smiles, Aarhus in Denmark, where it aims to change the old way of banking. With the intention of targeting the millennium market, LunarWay has developed an app-only bank with everything available right at your fingertips. With the intention of providing a seamless banking experience customers can check their balance, move money, and make payments through the app.
  4. Auka – Based in Oslo, Norway, Auka is a mobile payment app that has become popular in Norway and permits people to pay their friends straight from their smartphone or to simply pay merchants in-store with the use of the Auka app.
  5. Meniga – Founded in 2009, this Icelandic company creates personal finance management tools for banks such as ING, Islandsbanki, and Skandia, reaching a massive 25 million people across 16 countries.
  6. Coinify – As the second Bitcoin company on the list, Copenhagen-based Coinify aid merchants in their goal of accepting the digital currency in addition to helping them build tools, so that users can pay with Bitcoin. Coinify recently attracted a new fintech investor with Swedish banking investor, Skandinaviska Enskilda Banken (SEB) helping to build its Blockchain payment services in Europe.
  7. Fixura – Vasa-based Fixura is Finland’s oldest peer-to-peer lending platform with more than 70, 000 registered users today making the company the largest P2P lender in the Nordic countries. Since its launch in 2010, Fixura has lent more than €57 million over the platform with an average yearly return of over 10 percent.
  8. Trustly – This Swedish technology company, based in Stockholm, has developed an online payment method enabling online banking e-payments to make online payments convenient, simple, and safe for the merchant, consumer, and the bank. Founded in 2008, Trustly was shortlisted by FinTech City London, in 2015, as one of the 50 European FinTech companies that will revolutionize the financial services sector.
  9. Edgefolio – Edgefolio is a platform that connects potential investors with hedge funds. Launched in 2013, the platform allows hedge funds to market themselves as potential investors and search for the best deals where they can look through more than 11,000 hedge funds.
  10. Tink – Tink is a free private personal finance app that categorizes your spending and keeps track of your budget in one app. Tink allows users to pay bills online from different accounts straight from the app. It will automatically categorize and organize a user’s finances to make it easy to follow their spending over time. Founded in 2012, the company has over 350,000 users in Sweden and is expanding across the rest of Europe.