Fintech Finland
Fintech Finland is a Helsinki-based non-profit industry association representing roughly 70 Finnish fintech firms, offering tiered membership, advocacy working groups, and flagship events in partnership with the Ministry of Economic Affairs and the FIN-FSA.
- Company typePrivate
- Founded2019
- HeadquartersHelsinki, Finland
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Fintech Finland does
Fintech Finland is a Helsinki-registered non-profit association (Finnish "rekisteröity yhdistus" / ry) that operates as the industry body for Finland's fintech sector. It was established in 2017 according to firmographic data (2019 in the legal-entity record, with the discrepancy unresolved), and is staffed by a small team of two: a CEO and a Communications Specialist. The association's functional role is to convene and represent the Finnish fintech ecosystem, with a stated membership of around 70 organizations spanning major banks (Nordea, OP), mid-sized fintechs (Crosskey, Accountor, Valuatum), and early-stage startups.
Its core offerings are membership services, advocacy, and ecosystem programming. Members gain access to tiered services, two structured working groups (Advocacy, Strategy), and a calendar of flagship events including the Open Finance Forum and the Aalto Fintech Seminar Series. The organization co-publishes research (notably the Deloitte "Finland as a FinTech Hub" whitepaper) and runs educational programs in partnership with the Ministry of Economic Affairs and Employment and the FIN-FSA.
Financially, the association runs on a simple tiered membership model: a one-time joining fee plus an annual fee, with small (€100/€100), medium (€500/€500), and large (€1,000/€1,000) bands. Revenue is supplemented by co-funded programs with the Ministry and by event-related income, though no audited figures are publicly disclosed. As a neutral non-profit, the association has no equity, no shareholders, and no traditional exit path, and its commercial footprint is best understood in terms of ecosystem influence rather than financial scale.
Fintech Finland firmographics
Firmographics- Name
- Fintech Finland
- Legal name
- Fintech Finland ry
- Website
- https://fintechfinland.fi
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Fintech Finland is a Helsinki-based non-profit industry association representing roughly 70 Finnish fintech firms, offering tiered membership, advocacy working groups, and flagship events in partnership with the Ministry of Economic Affairs and the FIN-FSA.
- Ownership category
- akta.pro rank
Where Fintech Finland is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices1 record
Markets served
Fintech Finland business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Membership Fees: Fintech Finland generates revenue through tiered membership fees based on company size. Small companies and individuals (revenue under 1 million) pay €100 joining fee + €100 yearly membership. Medium-sized companies (revenue over 1 million) pay €500 joining fee + €500 yearly membership. Large companies (revenue over 20 million) pay €1000 joining fee + €1000 yearly membership.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Small companies and individuals with revenue under 1 million |
| Subscription | Annual | Medium-sized companies with revenue over 1 million |
| Subscription | Annual | Large companies with revenue over 20 million |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Fintech Finland product offering
Product offeringCore offering
Fintech Finland is a non-profit industry association that operates a tiered membership program (€100–€1,000 annual fees based on company revenue) for Finnish fintech companies. It delivers value through flagship events (Finland Fintech Forum, Open Finance Forum, Aalto Fintech Seminars), regulatory advocacy working groups, mentorship, and a bilingual newsletter, serving as a bridge between fintech startups, banks, payment providers, regulators (Finanssivalvonta), and government bodies in Finland.
Product overview
Fintech Finland is a neutral, non-profit industry association rather than a technology product company. Its offerings consist of membership services including networking events, a mentorship program, seminars, and working groups focused on industry advocacy and strategy. Key programs include the Open Finance Forum for regulatory discussions, the Finland Fintech Forum annual event, the Aalto Fintech Seminar educational series, and a newsletter subscription service. The organization serves as a discussion forum connecting Finnish fintech ecosystem stakeholders including banks, fintech startups, and regulatory bodies.
Differentiator
Problem solved
Functional benefit
Products and services
- Fintech Finland Membership Program Tiered annual membership program for Finnish fintech companies and ecosystem stakeholders, with joining and yearly fees ranging from €100 to €1,000 depending on member company revenue size (small: revenue under €1M; medium: revenue over €1M; large: revenue over €20M). Members gain access to networking events, mentorship programs, seminars, working groups, regulatory advocacy channels, and international network connections.
- Finland Fintech Forum Annual flagship event co-organized with Helsinki Business Hub and Business Finland that brings together fintech stakeholders to discuss Finnish fintech industry development, publish research findings, and foster networking. The inaugural edition in 2019 gathered nearly 200 attendees and served as the launch platform for the Deloitte "Finland as a FinTech Hub" whitepaper.
- Open Finance Forum Regular networking events and webinars focused on Open Finance and PSD2 regulation, bringing together industry stakeholders and regulatory authorities for discussion and collaboration. Co-organized with Vestra Advisors, with regulatory updates delivered by Partner Katariina Pesonen.
- Aalto Fintech Seminar Series Educational seminar series covering topical fintech subjects such as blockchain, platforms, big data, machine learning, and AI, presented by Finnish experts from both incumbents and startups. Held in collaboration with Aalto University.
Quantifiable outcome
- Finland Fintech Forum gathered nearly 200 attendees to discuss Finnish fintech industry development
- +1 more outcomes
Companies that use Fintech Finland
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
Fintech Finland technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fintech Finland partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- VestracoreCo-organizes Open Finance events with Fintech Finland. Partner Katariina Pesonen from Vestra provides regulatory expertise and opens European regulatory updates at events.
- Fintech ConnectorcorePartnership with Fintech Connector to bring fintech communities together for member Meet & Greet speed networking events enabling meaningful connections through multiple rounds of five-minute one-on-one conversations.
- Helsinki Business HubcoreLong-standing partnership for organizing events, speed networking, and ecosystem development. Helsinki Business Hub is a key co-organizer of Finland Fintech Forum and other initiatives.
- Helsinki Fintech FarmcoreStrategic partner for fintech ecosystem development, event co-organization, and community building. Founder Ola Sundell serves on Fintech Finland's board.
- Finnish Financial Supervisory Authority (FIN-FSA)coreFIN-FSA collaborates with Fintech Finland on regulatory seminars, providing supervisor perspective on regulatory issues to help members navigate compliance requirements.
- Ministry of Economic Affairs and EmploymentcoreFunding partner for the two-year program to boost financial technology industry in Finland and promote country's capabilities as international fintech hub.
- City of HelsinkicoreFunding partner for fintech ecosystem development program alongside Ministry of Economic Affairs and Employment and private investors.
- Business FinlandcoreCo-organized Finland Fintech Forum event with Fintech Finland and Helsinki Business Hub.
- Finnish Police (Black Wallet Project)minorFintech Finland supports the EU Black Wallet project by providing market insight. The project identifies risks of terrorist financing and money laundering in fintech sector through public-private cooperation.
- ePassi Payments OyminorMember company specializing in mobile payments that joined FinFin to support building a flourishing fintech ecosystem and network with other players.
- DeloittecoreConducted strategic analysis of Finnish fintech landscape and ecosystem. Results published as 'Finland as a FinTech Hub' whitepaper, forming basis for industry strategy.
Scale indicators4 records
Recent moves6 records
Expansion highlights3 records
Fintech Finland competitors and assessment
Company assessmentDirect peers
- Singapore FinTech Association: Singapore's national non-profit fintech industry body, organizing community events, working groups, and regulatory dialogue with MAS — mirrors Fintech Finland's structure and mandate at a larger scale.
- Swiss Fintech Association: Non-profit industry association representing Swiss fintech with a focus on advocacy, networking, and education — closely analogous to Fintech Finland's positioning in a small but well-developed European fintech hub.
- Innovate Finance: UK-based independent non-profit industry association representing the British fintech ecosystem, providing networking, advocacy, and policy engagement — directly comparable to Fintech Finland's role in the Finnish market.
- Dutch Fintech Association: Non-profit Dutch fintech industry association connecting startups, banks, and regulators — directly comparable in size, mandate, and European single-country scope to Fintech Finland.
- FinTech Australia: Australian peak industry body for fintech, providing advocacy, events, and community building — same non-profit association model and membership-driven GTM as Fintech Finland.
- Fintech Belgium: Belgian non-profit fintech community organization running events and working groups — same small-market European association structure as Fintech Finland.
Others
- Helsinki Business Hub: City of Helsinki-owned investment promotion agency; co-organizes the Finland Fintech Forum with Fintech Finland and serves as a complementary, enabling partner in the Finnish fintech ecosystem.
Regional players
- Sweden Fintech Association: Nordic peer non-profit representing Sweden's fintech industry; operates in a different national market but is highly comparable in mission and member-driven model to Fintech Finland.
- Estonian Fintech Association: Non-profit industry body promoting Estonia's fintech sector — comparable in size and Nordic-Baltic positioning though not directly competing with Fintech Finland.
Broad incumbents
- Finance Finland (Finanssialaa): Larger Finnish financial industry trade association representing banks, insurers, and asset managers; listed as a stakeholder partner of Fintech Finland and addresses adjacent (broader finance) topics.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Fintech Finland social profiles
Digital presenceFintech Finland financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fintech Finland leadership team
Management profileNumber of profiles
Profiles8 records
Fintech Finland funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fintech Finland M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fintech Finland
What does Fintech Finland do?
Fintech Finland is a non-profit industry association that operates a tiered membership program (€100–€1,000 annual fees based on company revenue) for Finnish fintech companies. It delivers value through flagship events (Finland Fintech Forum, Open Finance Forum, Aalto Fintech Seminars), regulatory advocacy working groups, mentorship, and a bilingual newsletter, serving as a bridge between fintech startups, banks, payment providers, regulators (Finanssivalvonta), and government bodies in Finland.
Is Fintech Finland a public or private company?
Fintech Finland is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Fintech Finland founded?
Fintech Finland was founded in 2019. It employs 1 to 10 people.
Where is Fintech Finland based?
Fintech Finland is headquartered in Helsinki, Finland, in the Europe region.
How does Fintech Finland make money?
One revenue line is on record: membership Fees.
Who are Fintech Finland's main competitors?
Direct peers on record are Singapore FinTech Association, Swiss Fintech Association, Innovate Finance, Dutch Fintech Association, FinTech Australia and Fintech Belgium. Helsinki Business Hub is listed as an others. Regional players are Sweden Fintech Association and Estonian Fintech Association. Finance Finland (Finanssialaa) is listed as a broad incumbent.
Does Fintech Finland have an API?
No public API is recorded for Fintech Finland.