Dear Subscriber,

In today’s newsletter, Copenhagen is set to become a new hub for fintech, in a move that aims to strengthen Denmark’s “leading position within the development of digital financial solutions”, according to Copenhagen FinTech.

We also look at how online and peer-to-peer lenders are finding ways to solve the challenges of managing client money; and Alipay has partnered with the Printemps group to continue its European expansion strategy.

Enjoy!

The capital of Denmark is about to be home to a new fintech hub, created by Financial Services Union Denmark, the City of Copenhagen and the Danish Bankers Association.

Insurers went online a long time ago, but one of the major challenges has been creating an online experience that can handle the relatively complex insurance “form-filling” process. Jonathan Attwood, CEO of Fospha, explains how his company’s toolset can help insurers more accurately track their customers’ behaviour.

Alipay has partnered with the Printemps group, with its Printemps Haussmann store becoming the first department store to accept the Chinese company’s mobile payments app.