With the exception of a few shooting stars, fintech mergers and acquisitions in the Nordic countries have remained small, and the focus is clearly still on financing rounds for fintech start-ups. However, now that traditional players have become active, financing has become easier to acquire and the numbers are rising. Swedish fintech giant Klarna raised 35 million dollars of debt capital in June of 2016. Of Swedish banks, Swedbank and SEB have been particularly active shoppers. SEB was one of the largest investors in private financing service company Tink's 85 million krona investment round, to name just one example.