107:(P2P) mobile payments platform can be configured to allow individuals to make fast, personal payments using a number of different identifiers including mobile phone numbers, bank account numbers, card numbers or social media profiles. Auka’s Peer-to-Merchant (P2M) mobile payments platform enables retailers and SMEs to offer customers the option to pay for goods using their mobile phone.
94:
catalogue for banks needing to meet PSD2 regulations. These regulations, which must be enshrined in law by all EU member states by 13 January 2018, require financial institutions operating in these markets to expose compliant, open APIs. However, it is likely that there will be a grace period granted
54:
In 2016, Auka was named as the fastest-growing fintech company by
Deloitte Fast 500 EMEA and was cited as one of the 16 hottest Nordic fintech startups by Business Insider. It was named European Mobile Payments Platform of the Year 2017 by CFI magazine, and was included in the European Fintech Awards
34:
Founded in 2010, Auka was originally called mCASH and was the first mobile payments platform to launch in Norway. Since then, Norway and the
Nordics have seen some of the highest rates of mobile payment adoption according to data from Visa. It received $ 6.87m in Series A funding round led by
98:
Auka’s mobile payments platform has been integrated by 17 Scandinavian banks. Auka specialises in mobile payment services that allow users to pay with their smartphone using their preferred source of funding in any payment scenario, agnostic to either the
62:
bought the
Norwegian mCASH service, retaining the name, while the company originally known as mCASH rebranded as Auka. In early 2017, the mCASH mobile payment service was integrated into Vipps, a payment platform developed by
70:
After rebranding, Auka expanded its focus to include PSD2-compliant solutions, such as API-hosting, for banks in addition to mobile payment services, as well as launching its services in the wider
European market.
592:"Final Report on Draft Regulatory Technical Standards on Strong Customer Authentication and common and secure communication under Article 98 of Directive 2015/2366 (PSD2), European Banking Authority"
19:
is a
Norwegian, VC-backed financial technology company. Its PSD2 compliant technology platform enables banks to issue white label mobile payments products to their private and merchant customers.
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to banks in EU member states before they have to comply, while PSD2’s RTS (regulatory technical standards) on Strong
Customer Authentication and common and secure communication are finalised.
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263:"DELOITTE FAST 500 EMEA NAMES AUKA FASTEST GROWING FINTECH – Global Banking And Finance Review Magazine – Financial & Business Insights"
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In
February 2014, the company launched its mobile payment platform in the Norwegian market also under the name mCASH. In October 2015,
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products are designed to support banks' customer acquisition and revenue generation efforts, and delivered using the
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87:(SaaS) model. Auka was the first licensed financial services company to run entirely in the Google Cloud Platform
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239:"Technology Fast 500™ EMEA Winners | Deloitte Global | Technology, Media and Telecommunication"
424:"Norwegian banks join DNB to make Vipps the 'single mobile wallet' for customers • NFC World"
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399:"mCASH Pivots to AUKA, Launches Mobile Payments Services Across Europe - Finovate"
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610:"Money2020: Nordic mobile payments outfit Auka launches across Europe"
26:, the company currently employs 26 people under CEO Daniel Döderlein.
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379:"SpareBank 1 acquires Norwegian assets of mCash » PaymentEye"
499:"Auka brings Google Cloud-powered banking to Europe | TechCrunch"
150:"Norway embracing NFC, BLE and QR payments? | Mobile Transaction"
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44:
36:
40:
350:"Nominees - European FinTech 100 & Top 3 - Fintech Europe"
191:"Norway's mCASH raises €5.15 Million Series A - ArcticStartup"
568:"The Second Payments Services Directive (PSD2), Payments UK"
449:"DNB Reinvents Vipps Mobile Payment Service | Payment Week"
287:"Deloitte Fast 500 EMEA names Auka Fastest Growing Fintech"
23:
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544:"Fast cash: The high-speed world of cloud-based finance"
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35:Northzone Ventures - which has also invested in
474:"Startups can bring banks new tech faster: CEO"
90:Auka's FSA-compliant core platform provides an
47:- and including Entree Capital, an investor in
174:"Visa Europe Digital Payments report, 2016"
126:"Auka AS - 995073064 - Firmapresentasjon"
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312:"The 16 hottest Nordic fintech startups"
640:Norwegian companies established in 2010
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336:"CFI magazine, Summer 2017 issue"
519:"Auka | Google Cloud Platform"
215:"Investment Archive - Northzone"
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542:Bown, Jessica (2016-04-26).
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154:www.mobiletransaction.org
103:or operating system. Its
608:Finextra (2016-04-04).
101:mobile network operator
523:Google Cloud Platform
354:europe2017.fintech.nl
85:Software-as-a-Service
55:Top 100 for 2017.
614:Finextra Research
497:Kamps, Haje Jan.
124:AS, Purehelp.no.
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453:Payment Week
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81:white-label
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200:2017-09-06
159:2017-09-06
135:2017-09-15
111:References
75:Technology
60:Sparebank1
428:NFC World
219:Northzone
49:Deliveroo
22:Based in
634:Category
548:BBC News
403:Finovate
243:Deloitte
79:Auka's
65:DNB ASA
45:iZettle
37:Spotify
30:History
41:Klarna
595:(PDF)
578:(PDF)
571:(PDF)
177:(PDF)
478:CNBC
43:and
24:Oslo
17:Auka
92:API
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