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Super-App Bolt Secures €220M Credit Facility

Bolt announced that they have secured a €220m revolving credit facility, strengthening their financial position as they intend to balance

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LPB Bank Transitions to Magnetiq Bank, Shifting Focus to Fintech and e-Commerce Industries

AS LPB Bank officially changed its legal name to AS Magnetiq Bank, while also introducing a new brand visual identity.

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A Team From Latvia Wins the International Fintech Hackathon Open Finhack

The international financial technology hackathon “Open FinHack” ended with the victory of the Latvian team “Frankey.” The competition was fierce—231

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Tenity and Copenhagen Fintech Launch Pre-Seed Nordic and Baltic Fintech Startups Accelerator

Switzerland based Tenity in collaboration with Copenhagen Fintech announce the launch of the “New Nordic Challengers” program. This pre-seed fintech

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Swaps Enables Crypto Real Estate Transactions with Kurg&Korsten

Swaps, a company specializing in crypto-fiat payments, has announced a groundbreaking partnership with premier Estonian real estate agency Kurg&Korsten. This

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Latvia Is Preparing the First Unified Sales Pitch to Approach Web 3.0 Companies

The Ministry of Economics of Republic of Latvia and the Latvian Blockchain Association have started cooperation to prepare a joint

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TransferGo Raises US$10 Million to Fuel Asia Pacific Growth Plans

TransferGo, an online money transfer platform operating in over 160 countries, recently announced it has raised US$10 million from Taiwania

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Iceland’s Established Banks Lead the Charge in Fintech Innovation

In Iceland, the financial landscape is witnessing a dynamic interplay between traditional lenders and innovative fintech companies. These partnerships are

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New Fintech Lithuania Report and Map 2024

In Lithuania, the fintech ecosystem rose steadily last year, showing resilience and maturity in the face of the continued global

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The Winners of the 2024 Lithuanian Fintech Awards

Rockit, a fintech hub and startup program organizer in Lithuania, has unveiled the recipients of the 2024 Lithuanian Fintech Awards,

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Redefining Resilience for Banks in the Digital Era With the Four Zeros

The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations

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Citi Ventures Invests in Core Banking Provider Tuum

Tuum, a London and Tallinn based core banking provider, announced that Citi Ventures, a venture capital arm of US-headquartered Citigroup,

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N26 Launches Instant Savings in the Baltics

German Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe.

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Tenity to Invest in 4 Early-Stage Fintech Startups in Estonia and 2 From the Nordics

8 early-stage startups from 5 countries have been selected for the upcoming Tenity Incubation Program starting on March 4th, 2024,

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Sweden’s Capitalbox Acquires Denmark’s Invoice Purchasing SME Specialist Omniveta

CapitalBox, the Stockholm based alternative financing specialist for small- and medium-sized enterprises (SMEs), announced its acquisition of Copenhagen-based Omniveta Finance.

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Openfin Hack International Fintech Hackathon Opens for Applications

Leading financial institutions, Fintech companies, and Latvian and European financial industry associations opens application opportunities for the international Fintech hackathon

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Latvia’s Fintech Industry on the Rise, Driven by Growth in Blockchain, Digital Lending, Regtech

Latvia is home to a dynamic fintech industry that’s witnessing remarkable growth in the blockchain and digital lending sectors. Additionally,

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Šiaulių Bankas Selects Temenos to Modernize Core Banking in the Cloud

Temenos announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos

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Noda Partners to Lead Open Banking in the Baltic Gaming Sector

Noda, a leader in instant transaction facilitation, proudly announces its market expansion alongside Wargaming into the Baltic region, including Lithuania,

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Fintech Funding in Lithuania Nosedives 97% YoY

In 2023, Lithuania fintech startups secured a mere EUR 7.2 million in venture capital (VC) funding, a figure which represents

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6 Lithuanian Fintech Startups to Watch in 2024

Over the past years, Lithuania has emerged as a significant player in the European fintech sector, an industry that has

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Core Banking Provider Tuum Grabs 25M EUR Series B Led by Commerzventures

Tuum, a Tallinn and London based core banking provider, announced that it has raised EUR25m, in a series B financing

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TransferGo Strengthens Leadership Team for Global Expansion

TransferGo, a global fintech creating a fairer world for millions of hard-working migrants, announced the addition of three professionals to

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Top 14 Fintech Events in the Baltics and the Nordics to Attend in H1 2024

Over the years, the Nordic and Baltic regions have emerged as vibrant hubs for fintech innovation, fueled and facilitated by

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First Fintech Board Members Academy to Be Launched in Latvia

Latvia is set to host the first “Fintech Board Members Academy” at the end of this month. This crafted, two-day,

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What Was 2023 Like for Lithuanian Fintech Companies and What to Expect in 2024?

With the world becoming increasingly digital each year, the role of fintech companies providing nextgen financial services has been growing.

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Fintechs Will Get Access to Latvia’s Central Bank Retail Payment System

The Council of Latvijas Banka has approved an initiative that will enable non-bank payment service providers – payment and e-money

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Lithuania New 2023-2028 Fintech Strategy Puts Emphasis on Quality

Lithuania’s new 2023-2028 fintech strategy is putting a focus on attracting fintech leaders and supporting the qualitative development of the

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Lithuanian Regtech AMLyze Partners With Shufti Pro to Enhance AML Screening Service

Shufti Pro, an identity verification service provider announced its strategic partnership with Lithuanian based AMLYZE, a RegTech company specialising in

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Swedish Fintech Startups Feel the Funding Contraction

In Sweden, fintech companies are finding it more difficult to secure funding, noting that investors have adopted a more cautious

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Fintech Baltic Top Articles

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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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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