Montonio was announced as the winner of the Estonaian class. The Tallinn-based company offers a financing solution for merchants that improves conversion rates by finding a fit between customers and lenders. Shopbox – a complete digital POS solution allowing instant access to inventory reports and sales metrics on the go – won the Danish class. Oslo-based Aprila was selected as both the winner of the Norwegian class and the winner of the entire program by Mastercard and its partner banks. Aprila is a new digital bank that helps small and medium-sized businesses by providing access to financial services. The company challenges established truths by offering simple, accessible, and convenient services. “We at Aprila are humbled and honoured to have been picked as the winner among such an impressive class of scale-up fintechs. We look forward to continue working with Mastercard and Lighthouse partners to reinvent banking and bring superpowers to small businesses” “We are impressed by the progress, energy and solutions that Aprila brought to the Lighthouse program. They are in the right market at the right time. SMEs account for more than 90% of companies in the Nordics, but they have been underserved for a long time due to historical difficulties of servicing them profitably at scale. Now, thanks to software automation, large data reserves, and tools like the ones Aprila is bringing to the market, it is finally time for SMEs to get the attention they deserve. We look forward to serve more SMEs through our ongoing partnership efforts with Aprila” It has been an incredible journey and the Mastercard Lighthouse team is so proud to have worked with 15 of the top fintech companies in Norway, Denmark, and Estonia. All of them put in a tremendous amount of effort and continue to lead by bringing innovative solutions to the market. Missed the pitch event at Lattitude59? Mastercard Lighthouse Program Announces Winners of 4th Edition
15 companies from the Nordic and Baltic regions took part in Mastercard’s Lighthouse Program 2020 Spring Edition. The winners – selected for their team strength, product innovation, execution feasibility, and partnership potential – were announced during Latitude 59.
Halvor Lande
CEO at Aprila
Mats Taraldsson
Head of Digital Development and Fintech Engagement, Mastercard Nordics and Baltics
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