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Luminor Bank Partners Ondato for Remote Opening of Business Accounts in Latvia

Luminor Bank has partnered with Ondato, a Lithuanian provider of compliance-as-a-service, to allow companies to remotely open business accounts at

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Danish Challenger Bank Lunar Snaps Up Payments Firm Paylike

Danish neobank Lunar announced that it has acquired Paylike, a full-stack European payment platform for an undisclosed sum. With this

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Lithuania Issues Peer-To-Peer Insurance Guidelines

Bank of Lithuania published the peer-to-peer (P2P) insurance guidelines, which present its assessments, insights and recommendations on InsurTech financial innovations

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Lithuania’s 5th Edition Fintech Inn Set to Kick off This Week

The international Fintech Inn 2021 is organised by Lithuania’s Agency for Science, Innovation and Technology (MITA) is back on 21-22

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Swedish Fintech Juni Extends Series A With Additional US$52 Million

Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has secured US$52 million in funding led by EQT

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Latvian Regulator FCMC Grants License to Investment Platform Debitum

Latvia’s Board of the Financial and Capital Market Commission (FCMC) has issued a license to SIA DN Operator, the legal

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Anyfin Secures US$52 Million Funding to Accelerate Germany Expansion Plans

Anyfin, the Stockholm based startup that enables consumers to refinance existing loans and take control of their financial health, announced

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Sweden’s Minna Technologies Expands Footprint With London Hub

Minna Technologies, a Sweden-based subscription management tool for retail banks, announced that it is launching a London-based hub. This move

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Neo Insurer Hedvig Closes U$45 Million Series B Ahead of European Expansion Plans

Nordic neo insurer Hedvig announces that it closed a US$45 million Series B funding round led by Anthemis following its

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SME Finance Raises EUR 120 Million Investment From UK Fund

Lithuanian fintech SME Finance announced that it has raised a 120 million euro investment from an alternative asset management company

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How Emerging Technologies Are Boosting E-Governance in Estonia

Estonia has seen soaring success with e-governance initiatives. In the UN’s 2020 E-Government Development Index, the country ranked third out

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Mastercard’s Accelerator Lineup Features Women-Led and Sustainable Startups

Mastercard has revealed the 15 tech startups that will be joining the fall edition of its Lighthouse FINITIV programme from

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Ageras Group Buys Finnish Invoicing Software Zervant in Acquisition Spree

Ageras Group, a group of companies backed by Investcorp Technology Partners (ITP) that offers a range of software solutions to

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Estonia’s EstateGuru Bags €5.8 Million From Series A Fundraise

EstateGuru, an Estonian marketplace for short-term, property-backed loans, announced the successful closure of its €5.8 million Series A funding round,

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IKEA Operator Snaps up Minority Stake in BNPL Firm Jifiti for US$22.5 Million

Ingka Investments, the investment arm of Ingka Group which owns and operates IKEA stores, has invested US$22.5 million in US-based

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Digital Identity Firm Signicat Acquires Lithuania’s Dokobit for Eastern Europe Push

Norwegian digital identity company Signicat has acquired Dokobit, a Lithuanian electronic authentication solutions provider with a presence in Estonia, Latvia

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Estonia Grants Insurance Broker License to e-Resident Digital Nomad Broker

The Estonian Financial Supervision Authority (Finantsinspektsioon) has officially granted an insurance broker license to Herrmann, Huebner & Partner to set

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Swedish Fintech Invoier Bags EUR 4.1 Million From the European Union

Stockholm-based fintech company Invoier, who has built and established a marketplace for fair and transparent trading of invoices, has secured

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Danish Neobank kompasbank Selects Mambu To Roll Out SME Lending

Newly-established Danish small and medium-sized enterprise (SME) bank kompasbank announced their go-live on Mambu’s Software-as-a-Service (SaaS) banking platform. On Mambu’s

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Nets Extends Partnership With Estonia’s LHV Bank, Adds Issuing Services in the UK

Nets, a payment services provider based in Denmark, has extended their long-term partnership with Estonia’s LHV Bank, while adding new

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Checkin.com Acquires Estonian Identity Verification Firm GetID for EUR 8.1 Million

Stockholm-based Checkin.com Group announced that it has acquired GetID, an Estonian identity verification software provider, for EUR 8.1 million. Completion

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Voyager Digital Snaps Up Crypto Payments Firm Coinify for US$84 Million

Voyager Digital, a publicly-traded cryptocurrency platform in the United States, announced the acquisition of Denmark-based cryptocurrency payment platform Coinify. According

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Estonian Ride Hailing App Bolt Bags €600 Million Led by Sequoia

Estonian ride hailing app Bolt announced that it has closed a €600 million funding round, increasing its valuation to more

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London Fintech Curve Appoints CEO and Head of Lithuania To Drive Growth in Europe

Curve, a London-based fintech that allows consumers to store their payment cards in a single location, announced the appointment of

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Estonian Central Bank Talks About Digital Euro Experiment Results

Eesti Pank (EP), the central bank of Estonia, carried out a research project to assess one possible technical solution for

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In Europe, Nordic Countries Have the Most Advanced Open Banking Ecosystems

In Europe, the Nordic countries of Sweden, Denmark and Norway have the most advanced open banking ecosystems. Trailblazing regional regulatory

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Estonian Startup Payqin Closes €300K Seed Round To Grow Its E-Wallet Service in Africa

Estonia-based cross-border payment startup PayQin has raised €300,000 in a seed funding round, pushing the startup’s total funding to US$1

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Lithuania’s Paysera Gets Green Light to Operate in Ukraine

The National Bank of Ukraine has given the green signal to Lithuania-based fintech startup Paysera to operate in the country.

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Bank of Lithuania Warns Binance for Unlicensed Services, Misleading the Public

The Bank of Lithuania has warned a virtual currency exchange operator Binance about its unlicensed investment services provided in Lithuania

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Danish Neobank Lunar Scores EUR 210 Million in Series D Joined by Tencent

Nordic challenger bank Lunar announced a EUR 210 million series D funding round led by family-owned investment company HEARTLAND. Other

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Fintech Baltic Top Articles

Top 10 Hottest Fintech Startups and Companies from the Nordics

The Nordic countries or the Nordics, a geographical and cultural region in Northern Europe and the North Atlantic that includes

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First Ever Latvia Fintech Startup Map Draft Released

Like other Baltic nations, Latvia has witnessed the steady growth of a fintech scene. Today, the country is home to

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Estonia Fintech Startups Map 2020- First ever Draft of the Fintech Scene in Estonia

Fintech is a rapidly emerging area of business in Estonia with now 78 companies, among which 18 in the blockchain,

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Belarus Fintech Map Showcases Growing Ecosystem

Belarus is home to a growing fintech startup ecosystem that now hosts more than 100 fintech companies and applications, according

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8 Baltic Fintech Startups to Watch in 2020

The fintech sector in the Baltic states is rapidly growing on the back of proactive governments that have set sights

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Booming: Lithuania’s Fintech Report and Startup Map 2021

Despite headwinds caused by the COVID-19 pandemic, Lithuania’s fintech landscape continued to grow in 2020 with 40 new companies setting

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9 Fast-Growing Fintechs from Finland

Finland is home to more than 200 fintech companies, which have raised a combined EUR 450 million in funding, and

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Top 7 Fintechs in Sweden

Home to one of the largest and best-known tech ecosystems in Europe, Sweden is now emerging as a fintech powerhouse,

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6 Fast-Growing Fintech Companies from Norway

Norway is home to over 120 fintech companies with the vast majority of solutions available right now focusing on mobile

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