MAPPING FINTECH IN ICELAND
New Report on the Fintech Scene in Iceland
A new overview report on Icelandic fintech has been published and was first presented at SFF Day 2026 on April 15. The report was prepared by Northstack for Business Iceland and the Icelandic Financial Services Association, with Reykjavík Fintech also contributing to its publication. The report is titled Fintech Iceland 2026: An Ecosystem Review and Map.
The report paints a picture of Icelandic fintech as it stands today—as a strong and growing sector that has established a distinct position both domestically and within the Nordic region. For example, Iceland has the highest number of fintech companies per capita among the Nordic countries.
A summary of the report’s contents in Icelandic can be accessed here (PDF).
The full report in English is available here (PDF).
Northstack and Reykjavik Fintech Cluster wrote a report on Fintech in Iceland in February 2020, with the support of SFF, the Icelandic Financial Services Association. It can be downloaded here.
MAPPING FINTECH IN THE NORDICS
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Copenhagen Fintech og PA Consulting published a report about the top trends impacting Nordic fintechs. Published in June 2022, the report is a collection of trends and country analyses covering Denmark, Finland, Iceland, Norway and Sweden and made in collaboration with the fintech hubs in these countries.
Copenhagen Fintech and EY published a report on how fintech companies provide value to SMEs. Published in March 2022, the report includes a mapping of Nordic fintechs. The report was made in collaboration with The Fintech Cluster, NCE Finance Innovation, Findec, Helsinki Fintech Farm and Invest Stockholm. It can be downloaded here.
Findexable and Fintech Mundi published a report on FinTech in the Nordic and Baltic region in December 2020. The countries account for little more than 2% of the population of Europe but are home to close to 1,000 fintechs. The report can be downloaded here in pdf format.
Copenhagen Fintech and Implement Consulting Group published a report on Impact Fintechs in the Nordic countries in September 2020. The report was made in collaboration with the Nordic Fintech Hubs and maps out fintech startups in the Nordics, working within the framework of the UN Sustainable Development Goals (SDGs). It can be downloaded here.
