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Bank of Lithuania Seeks to Strengthen the Country’s Financial Market

The Bank of Lithuania has entrusted development issues to a specialised Centre for Financial Market Development in order to promote

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Fintech Funding Momentum Continues This Year in Baltic States

2021 was a record breaking year for the Baltic States’ startup landscape with a total of EUR 1.6 billion in

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In the Baltics, Estonia Has Minted the Most Fintech Mini and Unicorns

In the Baltic region, Estonia is emerging as a fintech powerhouse, having minted the most fintech unicorns and being home

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Tink Expands Open Banking Payments Services to Estonia and Latvia

Tink, Europe’s leading open banking platform, has announced the expansion of its open banking payments services to five new markets

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Payment Firms Dominate Mastercard’s Lighthouse FINITIV 2022 Programme

Five payment acceptance startups were among the 15 selected to meet Mastercard in the Lighthouse FINITIV programme. Since its launch

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Top 6 Upcoming Fintech Events in the Baltics

The Baltic states, namely Latvia, Lithuania and Estonia, have seen the growth of a vibrant startup ecosystem over the past

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Lithuania Fintech Report and Map 2022

2021 was a successful year for Lithuania’s fintech industry with record funding volumes, an expanding startup ecosystem, and strong revenue

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Intergiro and Incharge Partner to Release Banking App for Ukrainian Refugees

In an effort to support Ukrainians fleeing the conflict, Incharge, a company built using Intergiro’s Banking as a Service solution

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AlternativePayments Now Offers iDenfy for Merchant Identity Verification

AlternativePayments, a leading FinTech company and local payment solution provider based in Vilnius, Lithuania, and iDenfy, also based in Lithuania,

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Lithuanian Crowdfunding Startup Merges With Europe’s Largest Real Estate Aggregator

Lithuanian start-up InRento has merged with EvoEstate, the largest real estate aggregator in Europe, and has become the largest licensed

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Lunar Raises €70 Million in Series D-2

Lunar, Nordic-based fintech company focused on the future of money for consumers and businesses, announced a €70 million Series D-2

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Lithuania Introduces Unique Business Expansion B2B Matchmaking Tool

Lithuania introduced a new business partnership and business networking platform “B2Lithuania” to boost export and facilitate international partnerships with foreign companies. The

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Intergiro.3d: Banking as a Service Platform Launches in Finland

Intergiro will offer its embedded finance services to clients in the Finnish market Intergiro’s API-suite of offerings includes white label

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Estonian Verification Startup Closes $100M Series C Funding Round

Veriff announced that they have raised $100M in Series C financing, co-led by Tiger Global and Alkeon, joined by existing

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Lithuania’s BENKER Set to Launch as Europe’s First Licensed Blockchain Neobank

BENKER, developed by BEM Europe that is headquartered in Lithuania, has been officially licensed to be what has been touted

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Bolt Secures €628M Record-Funding- Valuation €7.4B

Bolt announced the closing of their latest €628M round of funding — the largest to date. The investment round was

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10 Reasons to Work and Start a Business in Vilnius

As businesses become more global, companies planning to relocate or expand are looking for cities that are attractive both for

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Zurich Insurance Group to Acquire Estonia’s AI Firm AlphaChat

Zurich Insurance Group has agreed to acquire Estonia-based conversational AI company AlphaChat. AlphaChat’s customer service automation technology will help to

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Revolut Granted Lithuanian Banking License by the European Central Bank

Revolut has received a banking license issued by the European Central Bank, following a proposal by the Lithuanian central bank.

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Estonian Investment Marketplace Raison Valued at US$11.5 Million After Seed Funding

Estonia-based late venture investment marketplace Raison has secured US$900,000 in a seed funding round. The round values the company at

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E-Payment Transactions in Lithuania Grew to EUR157.6 Billion in Q3

The value of payment transactions by electronic money and payment institutions in Lithuania grew 6.3x year on year, and their

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Spend Management Startup Pleo Extends Series C With Additional US$200 Million

Denmark-based B2B spend management service Pleo has raised US$200 million in a Series C extension round. It now brings the

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The Biggest Fintech Funding Rounds of 2021 in the Nordics

The fintech industry in the Nordic region, which comprises Denmark, Finland, Iceland, Norway and Sweden, saw strong funding growth in

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Finnish Card Issuer Enfuce Picks Up EUR 45 Million to Drive Global Growth

European Card-as-a-Service (CaaS) platform Enfuce has raised EUR45 million in a Series C round. The round was led by growth

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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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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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Lithuania Fintech Report and Map 2022

2021 was a successful year for Lithuania’s fintech industry with record funding volumes, an expanding startup ecosystem, and strong revenue

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