Meet Stockholm’s pathto Fintech success

1950 1960 1970 1980 1990 2000 2010

1959Bankgirot founded

1968World’s first online ATM in Sweden

1985Swedish financial and credit markets getsderegulated

First wave of electronic trading software companies emerges

1990sSweden invests in internet infrastructure.

2003First BankID issued in Sweden

2014FinTech Funding inStockholm explodes

iZettle founded

2012TriOptima exit $160M

iZettle raises$55M

Klarna raises$125M in PE

2010Neonet$160M exit

1967First ATM installed in Sweden

1984Optionsmäklarna (OM) opens in Stockholm, Sweden’s first stock option market, electronic trading introduced

1998Merger between Stockholm’s Stock Exchange and OM Stockholm

2005Klarna founded

Unicorns such as Skype, King, Spotify and Mojang founded

2007NASDAQ acquires OMX Groupfor $3.7B

@investstockholm #sthlmtech

@investstockholm #sthlmtech

High concentration of Fintech companies around downtown Stockholm

Meet Fintech central

Södermalm

Gamla Stan

Kungsholmen

Vasastan

Östermalm

2014 – a great year for Fintech investments

$125M

$55.5M

$28.8M

$22M

$14M

Top 5 investments invested in

Stockholm

$266M15 investments

3 exits50% of 5 year total

@investstockholm #sthlmtech

of European investments

18%

Stockholm

@investstockholm #sthlmtech

2014 – a great year for Fintech investments

of Swedishinvestments

32%

Stockholm

Stockholm a solid No.2 in European Fintech2010-2014

@investstockholm #sthlmtech

of EuropeanFintech

investments

of the deals 18.3% 7.7% $532M

invested31 investments, 7 exits -

$360M disclosed

@investstockholm #sthlmtech

2010

Other

0

5

10

15

20

25

2011

US SwedenEU(Excluding Sweden)

2012 2013 2014

Where do the investors come from?

Number of investors

“The big players are really looking at Stockholm now.”Erik Engellau-Nilsson, Klarna

@investstockholm #sthlmtech

The traditional players are getting more progressive

Nordic Capital has merged Euroline, DK Online, Key-corp and MPS into Payment start-up Bambora.

Bitcoin Tracker One has been approved by the financial supervisory authorities to be listed on Nasdaq Stockholm. They were first in the world to launch bitcoin-certificates on

a regulated marketplace.

NFT declares ambition to build ten companies the size of Klarna within 10 years. Most recent investments include

Mondido, Toborrow and Leasify.