Fintech
Bergen is home to Norway’s thriving fintech sector and national fintech cluster. The city has historical roots within the financial industry stretching back hundreds of years.
Be part of the fintech cluster
Bergen has a robust fintech environment supported by various key Norwegian finance companies. Learn more about NCE Finance Innovation and the possibilities in the region.
The region serves as a hub for a collaborative ecosystem of organisations operating within finance and financial technologies. You’ll find a collective of banks, financial institutions, insurance companies and tech firms. It’s easy to find partners and work on common projects in a city like Bergen. This benefits both big companies and start-ups.
Great environment for innovation
The fintech cluster works with its over 100 member companies and partners to promote sustainability, innovation, collaboration, and value creation within the industry.
Its members include market leaders within banking, insurance, tech, research, investment and more, all working to foster a collaborative environment.
Developed tech infrastructure
Norway is a highly digitalised country with a mature tech framework. Increasing digitalisation has played a key role in further growing fintech in the region and has led to more jobs and growth in the sector.
In addition, the region is home to leading business and finance schools. This includes the Norwegian School of Economics and the BI Norwegian Business School.
Greater Bergen has contributed to Norway’s world-class financial system. This has made it the second most digitalised country, with the third most efficient payment system in Europe. Norway is well-placed to take a leading position in the European and global fintech markets.
Business opportunities
In the last decade, Bergen has become a key base for Norway’s fintech sector. This is due to its historic foundation as a Norwegian financial centre and its highly developed digital infrastructure.
Fintech Hub
The Fintech Hub represents a thriving ecosystem of fintech firms, banks, finance companies and schools.
Capitalising on the region’s developed tech infrastructure and collaborative practices, innovative ideas can be explored and developed into financial products and solutions. It brings together the region’s fintech community – firms such as Tjommi, Horde, and Quantik – providing a space for innovators, changemakers and entrepreneurs.
Fintech Incubator
Fintech start-ups will surely grow and scale with the Finance Innovation Incubator. It offers these fledgling companies a number of benefits, such as:
- State-of-the-art digital tools and test environments
- Access to the most comprehensive fintech network in Norway
- A growth program designed to help stay current within a constantly evolving fintech market
- Office space at Media City Bergen, offering a number of amenities
Norwegian Cognitive Center
AI has demonstrated a number of benefits for today’s fintech sector by enhancing key financial processes, such as credit risk assessment, fraud detection, wealth management and more. This positive impact will likely continue as the technology evolves.
To this end, the Finance Innovation cluster has partnered with the Norwegian Cognitive Center as part of a national consortium to advance AI research, solutions, and competence building.
Latest news from this industry
Growing a National Fintech Cluster from Bergen
NCE Finance Innovation recently appointed Bent Gjendem as its new CEO, and he is no stranger to fintech.
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mcb tech Returns to Bergen
mcb tech .22 was held live in Bergen for the first time in two years. The event gathered experts and leading minds in today’s digital media landscape to share their thoughts and expertise on its current state and future direction.
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