Nordic SMEs Enjoy Hygge Amidst Global Cybersecurity Threat
The Northern European countries, namely Denmark, Norway, Sweden, Finland, and Iceland, and the Faroe Islands, Greenland, and Åland, have many secrets to a happy life that they share with the world.
In the business scenario, Spotify, as per Crunchbase, raised a total of $2.6B in funding over 19 rounds. Swedish financial technology company iZettle sold to PayPal for $2.2 billion, and the Endomondo Sports Tracker app bags $800,000 in its first round from SEED Capital. Needless to accentuate Sweden as the hotbed for entrepreneurial ventures proportionate to cybersecurity vulnerabilities.
In March 2020, Prime Minister Erna Solberg of Norway also offered businesses big or small, at least 100 billion Norwegian crowns ($9.7 billion) as guarantees for loans and bonds to support the economy during t...