Enable Banking named to the Sifted 100: Nordics
TL;DR
Enable Banking ranked #45 on the Sifted 100: Nordics 2026, growing revenue 89% on just €1m in total funding while reaching profitability at the end of 2025. We are proof that fast growth, light funding, and profitability aren't a contradiction.
The open banking infrastructure isn't built to be noticed. In fact, when it works, nobody sees it: the API call is made, the data arrives in the correct format, and the product based on it works. That is exactly the effect we want. For a company that provides infrastructure, remaining unseen is actually the whole objective.
So being named #45 on the Sifted 100: Nordics (2026) leaderboard, recognising the 100 fastest-growing startups and scaleups in the region, is a wonderful moment to actually be seen. We're proud to be there, and even prouder of the work behind it.
It started with a fairly simple problem.
When we started Enable Banking, fintechs and banks across Europe were facing the same problem: connecting to hundreds of banks meant building and maintaining integrations one country and one bank at a time. We built one connection instead of dozens. Today, that connection reaches over 2,700 banks across 30 countries, all through a single, PSD2-compliant API.
We never set out to build products on top of that data ourselves. The vision from day one was to stay neutral: infrastructure that partners build on. We're not trying to be the next Klarna. We want to be the reason the next ten Klarnas can exist. It’s a model closer to Nvidia’s role in AI than a consumer fintech brand: essential to the build, but rarely visible in the result. Being named in this list means the market is recognising infrastructure for what it is, even when it isn't asking for attention.
Growth is better when the numbers underneath it work.
Being ranked among the Nordics' fastest-growing companies is one thing. Doing it while reaching profitability is another. For a scaleup, it's proof that the business underneath the growth actually works.
“Getting recognised by Sifted proves the market values infrastructure that simply does its job quietly and reliably," says Enable Banking CEO Joonas. "Hitting profitability this past year while scaling our network proves that our underlying business model is as robust as our API. This belongs to the entire team who built it.”
Growth without the huge funding round
Ten years ago, a startup's growth number was the whole story. More recently, the story has shifted to profitability, and rightly so. Here's what we like about our own numbers: we grew revenue 89.08% to land at #45, on total funding of €1m. Only five companies on the entire leaderboard raised less than we did. One of them, Evify, closes out the funding column altogether, having raised under €100k while still cracking the top 100 for growth.
It shows that there is another way to build a European technology company. We reached profitability at the end of 2025, and growth has only accelerated since. Fast-growing, lightly funded, and profitable is a real combination.
Nordic roots, European reach
Enable Banking was founded in Finland, and being based in the Nordics has influenced the way we've approached open banking from the start. The region was an early adopter of open banking, and we've had the opportunity to build deep relationships with banks here while developing experience across the regulatory and technical landscape.
As we've expanded into other European markets, we've taken that experience with us. The geography has changed. The standard hasn't. We still care about the same things: reliable connections, good data quality, regulatory compliance and infrastructure that developers can actually build on.
Thank you
We're grateful to Sifted for recognising the company. We're grateful to the partners who trusted us with their infrastructure. And we're especially grateful to the Enable Banking team. The number next to our name on the Sifted list belongs to them.
There is still plenty to build. But today, we're happy to take a moment to look back at how far we've come.
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