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E-Money Institutions Leads Lithuania’s Booming Fintech Sector

Fintech companies in Lithuania are among the best and fastest adapters to the Covid-19 pandemic. Fintech Hub LT statistics show

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Bank of Lithuania Continues Digital Euro Experiments

The Bank of Lithuania invites payment market participants and technology companies to participate in an experiment and together develop a

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Multi-Cloud Security Firm vArmour Sets up Development Center in Lithuania

vArmour, a provider of application relationship management software, has just announced the establishment of their latest development center in Vilnius,

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SME Bank Backed by the EU to Offer €100 Million in Financing for Lithuanian SMEs

Lithuanian financial intermediary SME Bank has signed a guarantee agreement with the European Investment Fund (EIF) to support local small

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Estonian Bank LHV Offers Crypto Trading on Its App

Estonian banking and financial services company LHV announced that its customers are now able to trade major crypto assets on

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Lithuanian Startup Okredo Raises €1 Million Ahead of EU’s Open Data Directive Launch

Open data startup Okredo has closed a €1 million seed funding round led by the Lithuanian Business Angels Fund and

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InRento Scales Abroad With Spain Expansion and Buys Estonia’s BitOfProperty

Lithuania’s buy-to-let crowdfunding platform InRento is scaling abroad by expanding its operation to Spain and acquiring Estonian real estate marketplace

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IKEA Inks Partnership With Trustly to Enhance Global Payment Experience

Trustly, a global payments platform for digital account-to-account transactions, has announced a partnership with IKEA. Through the partnership, Trustly will

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Fintech Funding Stalls in the Baltics

Funding activity is stalling in the Baltics’ fintech sector as startups are failing to raise considerable rounds this year, data

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BNPL Giant Klarna Acquires Shopping Comparison Site PriceRunner

Swedish Buy Now, Pay Later (BNPL) platform Klarna announces it has signed an agreement to acquire shopping comparison site PriceRunner.

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Banking Circle Joins the Danish National Clearing System

B2B payments specialist Banking Circle announced that it has joined the Danish national intraday clearing system. Through Banking Circle as

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Finnish Fintech Saldo Receives European Central Bank’s Specialised Banking License

Saldo Finance, a subsidiary of Finnish Saldo Finance Plc, has been granted European Central Bank’s (ECB) specialised banking license in

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Stockholm Sees Growing Green Fintech Space

Sweden’s credentials in sustainability and Stockholm’s vibrant fintech ecosystem are converging into a flourishing green fintech market where players are

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Lithuanian Payments Firm kevin. Secured US$10 Million in Seed Funding

Lithuanian payments startup kevin. announced that it has has secured US$10 million of new capital in a seed funding round,

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PayAlly Partners Nets for Issuer and Acquirer Processing Services in the UK

Denmark’s payment provider Nets Group and PayAlly, a London-based payment services provider, have entered into a partnership for full issuing

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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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Money Transfer Startup TransferGo Secured US$50 Million in Series C Fundraise

TransferGo announced that it has secured US$50 million during a Series C funding round, bringing its total funds raised to

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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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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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