The New Nordic Challengers 2.0 Program has officially launched in Tallinn, welcoming 6 promising startups Tenity has recently invested in. This exclusive growth program is tailored for visionary founders looking to advance their cutting-edge fintech solutions and scale their businesses with the support of Tenity’s extensive global network of mentors, investors, and industry partners.
–> Six startups have been selected for the New Nordic Challengers 2.0 Program, managed by Tenity and Copenhagen Fintech.
–> The cohort represents exciting solutions in AI, embedded insurance, climate and agricultural risk intelligence, regulatory compliance, corporate data automation, and crypto transaction infrastructure.
–>Tenity has invested up to EUR 300k in all of the selected startups.
Tallinn, Estonia – April 24, 2025 – The New Nordic Challengers 2.0 Program has officially launched in Tallinn, welcoming 6 promising startups Tenity has recently invested in. This exclusive growth program is tailored for visionary founders looking to advance their cutting-edge fintech solutions and scale their businesses with the support of Tenity’s extensive global network of mentors, investors, and industry partners.
“What excites us about this cohort is their shared ambition to build solutions for the next era of finance—smarter, more adaptive, and deeply embedded into the real economy. Whether it’s rethinking how we insure, comply, or interpret data, they’re solving pain points. That’s the kind of edge we look for at Tenity, and why we invest early”, added Andrea Fritschi, CIO of Tenity.
Meet 6 new startups in Tenity Nordics portfolio:
Sircular | Sweden
Sircular is an AI-native operating system that gives private-market investors back 50% of their time by streamlining the investment process and turning firm knowledge into actionable intelligence.
Frankly Insure | Denmark
Frankly Insure integrates insurance into trusted brands and checkouts, slashing acquisition costs by 90% while upselling customers into high-margin, long-term policyholders through its cutting-edge insurance hub.
Arbolitics | Germany
Arbolitics is a platform that equips banks and farm input resellers with the tools and data—like high-res satellite imagery and climate models—to assess agricultural risks and provide tailored financing.
Plain | Denmark
Plain helps businesses transition from one-size-fits all insurance products to automatically tailored coverage, leaning on data from payroll, ERP, HR and other information systems.
CryptoSwift | Estonia
CryptoSwift helps crypto companies comply with the Travel Rule under MiCA—securely sharing transaction data, 50% cheaper, easy to integrate, and already live with paying customers.
Crosscheck | United States
Crosscheck is an AI-powered compliance platform that automates 80% of sustainability certification for EU importers, reducing errors, costs, and fines.
Uve Poom, Head of Operations at Tenity Nordics, commented: “This batch indicates that LLMs are automating tasks that have so far required human reasoning. Compiling and comparing data from disparate sources is becoming easier by the day, leaving more time for analysis and synthesis.”
“This batch demonstrates that customer acquisition in insurance is going digital. While paper-based user journeys have been in the bin for a while, insurers have still relied on phone calls and emails to issue policies. The self-serve trend is accelerating, enabling customers to benefit from an improved experience in line with today’s expectations”, explains Andrei Anghel, Head of programs at Copenhagen Fintech.
In the weeks ahead, these startups will dive into a hands-on journey filled with 1-1 intros, expert-led workshops and market access events in both Copenhagen and Tallinn designed to accelerate growth. Throughout the program, they’ll receive tailored guidance from the Tenity team and tap into a powerful global ecosystem of 1000+ alumni, 400+ mentors, and an investor network that spans the globe.
Their journey will culminate at Latitude59 on 22 May, where they’ll take the stage to present their progress and pitch in front of investors, corporates, and key players in the industry.
Tenity invests on a rolling basis.
About Copenhagen Fintech:
Copenhagen Fintech is a Denmark-based organization with a mission to develop the Nordic region as one of the leading fintech hubs in the global financial services industry. It supports and catalyzes the next era of technology-led corporate and startup innovators, offering resources, networking opportunities, and strategic guidance. Since 2016 we have worked with more than 500 Danish and Nordic fintech startups from incubation to acceleration, mentoring and various delegations. We work with 35 corporate partners to accelerate their innovation and host the largest Nordic fintech conference.
www.copenhagenfintech.dk
About Tenity
Tenity is a global innovation powerhouse shaping the future of finance and technology. With hubs across Europe and Asia, Tenity blends venture capital, open innovation and global ecosystem access to create value that compounds. Since launch, it has partnered with over 65 institutions, supported 1,600+ startups, and runs innovation programs in 15+ countries.
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