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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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iDenfy Joins Nomadrem to Facilitate a More Convenient Customer Onboarding Process

iDenfy, a global RegTech startup offering automated identity verification and fraud prevention tools, announced a partnership with NomadRem, a Lithuania-based

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airBaltic Reveals Roadmap for Further Planies NFT Development

October marks the one-year anniversary, since the Latvian airline airBaltic launched its loyalty programme – a collection of 10 000

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Plug and Play Startup Accelerator Expands to Lithuania

Plug and Play is set to collaborate with innovative startups in Lithuania. This landmark collaboration entails an investment of EUR

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Fintech Ecosystem: Estonian Fintech Startup Map 2023

In Estonia, blockchain and cryptocurrency is the most prevalent and advanced vertical of the fintech sector, representing more than a

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Lithuania’s Ecosystem Confirms New National Fintech Guidelines for 2023-2028

The main institutional actors in Lithuania’s Fintech ecosystem signed a Memorandum of Understanding confirming the National Fintech Guidelines for 2023-2028.

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Lithuanian Regtech Company Amlyze Secures $1M Pre-Seed Funding

AMLYZE, a Vilnius-based RegTech firm specializing in anti-financial crime solutions for FinTechs, neo-banks, and crypto businesses, has successfully concluded a

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Estonia Tightens Authorization of Virtual Asset Services

After the amendments to the Money Laundering and Terrorist Financing Prevention Act took effect on 15 March 2022, the validity

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Angel Investing Platform Funderbeam Bags US$40M Funding Led by VentureWave

Funderbeam, an Estonian angel investing and trading platform, has received US$40 million investment led by Irish Venture capital firm VentureWave.

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Estonian Crowdfunding Platfom Estateguru Gets EU Crowdfunding Licence

Estateguru has announced that the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon) has granted the platform its European Crowdfunding Service

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How Artificial Intelligence is Revolutionising the Fintech Landscape

Lately, the Fintech industry has witnessed a significant transformation due to the emergence of artificial intelligence (AI). This cutting-edge technology

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What or Who is the GovTech Innovation Bank in Lithuania?

GovTech Innovation Bank is a pool of digital innovations – products, services – developed or planned to be launched by

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Lithuanian Fintech’s Growth Momentum Continued in 2022 Despite Market Conditions

Despite turbulent market conditions, the Lithuanian fintech sector demonstrated resilience in 2022, recording strong revenue growth and sustained startup funding

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Sweden Leads Nordic Insurtech Scene with 60% Market Share

With 19 insurtech startups, Sweden is the biggest insurtech market in the Nordics, hosting 60% of all of the region’s

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Finnish Fintech Saldo Bank Launches Banking Operations in Lithuania and Plans Further Expansion

Fintech Fintech company Saldo Bank UAB has announced the launch of banking operations in Lithuania. Having built regulatory readiness after

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Fintech Lithuania Market Insights: Fewer Investments, but We Will Strengthen Competitiveness

The financial technology sector in Lithuania continues to develop. There is a steady increase in the number of people employed,

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HK Fintech Unicorn Airwallex Plans Growth in Lithuania

Motivated talent and a forward-thinking regulator – that is what a leading financial technology platform Airwallex cites among the reasons

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Estonian Regtech Salv Raises €4M Seed Round

Salv, the regtech startup founded by former Wise and Skype employees, closes a €4m seed round extension led by ffVC,

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Challenges in E-commerce: The Battle for Conversion

At the end of the day every entrepreneur wants to see how much profit they’ve made. In the world of

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Nordic Fintech Anyfin Raises €30 Million Series C Funding

Anyfin, a Swedish scaleup that enables consumers to refinance existing loans and take control of their financial wellbeing, announced that

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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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