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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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Swedish E-Commerce Banking Platform Juni Raises US$21.5 Million

Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has raised US$21.5 million in Series A financing. The

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Pleo Becomes the Latest Danish Fintech Unicorn With US$150 Million Fundraise

Danish fintech Pleo announced that it has raised US$150 million in a Series C funding round to become a unicorn

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Sweden’s StockRepublic Raises EUR 2 Million, Partners With Commerzbank

StockRepublic, a Swedish social trading platform for retail investors, announced that it has secured EUR 2 million. The investment round

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Norway’s Digital Identity Specialist Signicat Acquires Spanish Rival eID

Norway-based digital identity specialist Signicat has acquired Spanish Electronic IDentification (eID) which offers complementary solutions for an undisclosed sum to

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Danske Bank A/S to Merge MobilePay with Digital Wallets Vipps and Pivo

Danske Bank A/S has entered into an agreement with OP Financial Group in Finland and the consortium of banks behind

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Rapyd Inks Deal to Acquire Icelandic Payments Firm Valitor for US$100 Million

Rapyd, a global fintech-as-a-service company, has entered into a definitive agreement with Arion Banki to acquire Valitor, an Icelandic payments

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Danish PFM Platform Spiir Released the Beta Version of Its App in the Baltics

Danish personal financial management (PFM) app Spiir announced that it has launched a beta version of its app in the

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Visa Inks Deal to Acquire Swedish Open Banking Platform Tink for US$2.2 Billion

Visa announced it has signed a definitive agreement to acquire Tink, a Swedish open banking platform, for 1.8 billion Euros

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Denmark’s Cloud Solution Provider CLOUDEON Sets up New Office in Lithuania

CLOUDEON, a Denmark-based cloud solutions provider, announced that it has expanded its operations in Lithuania with an office in Kaunas,

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Checkout.com Acquires Estonian Software Development Firm Icefire

Checkout.com, a London-based cloud-based payments solutions provider, announces the acquisition of Estonian software development firm Icefire. The acquisition of Icefire

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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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