Fintech News Baltic
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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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Practica Capital Closes €70M Early-Stage Baltic Entrepreneurs Fund Raise
Vilnius-based Practica Capital announced the first closing of its €70M target size Practica Venture Capital III fund at €32M. The
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LPB Bank Mission Is to Provide a One-Stop Service to Fintech
LPB Bank stands out against the background of the banks of the Baltic banking market with its financial and technological
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The Winners of Mastercard Lighthouse 2022 Grand Finale
Mastercard has announced the winners of its Lighthouse 2022 Fall Finale at the “Fintech & Impact: Born For This Moment”
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Investment App Fundvest Launches in Lithuania
Financial brokerage company Fundvest launches a new mobile application in Lithuania that provides access to the stock exchanges of the
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SaltPay Acquires Two Latvian Companies to Establish Engineering Hub in Riga
SaltPay, a UK-based Fintech company that provides affordable and secure payment and software solutions for small and medium-sized businesses, has
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In Lithuania, Changes to Legislation are Expected to Attract Fintech Talent
Earlier this year, the Lithuanian parliament approved amendments to the Labour Code, a development which the government hopes will help
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UBS Chooses Regula’s Identity Verification Solutions to Automate Onboarding
UBS has partnered with Latvian identity verification company Regula to create a fully automated and 24/7 account opening process for new
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Estonia’s Kriptomat Partners Volt for A2A Payments for Crypto Trading
Estonian crypto platform Kriptomat has partnered with UK payment gateway provider Volt to enable customers to make real-time account-to-account payments
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Estonia’s Mifundo Raises €1.2 Million in Pre-seed Funding Round
Estonian cross border lending platform Mifundo has raised €1.2 million in pre-seed funding led by Opus11 VC, with angel investors
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Estonian Freelancers, SMEs Can Now Invest in the Global Stock Market via Lightyear
London-based investing app Lightyear has launched business accounts in Estonia to enable freelancers and small business owners to invest in
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Paysera Clients Can Now Send Money to 149 Countries With Airwallex
Lithuanian payment processor Paysera has partnered with payments infrastructure platform Airwallex to enable its clients to send money to 149
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Wise Secures License to Operate Investment Services in Estonia
The Estonian Financial Supervisory Authority or Finantsinspektsioon has granted TINV Europe, a part of the Wise group which provides online
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Cross-Border Payments Platform ArcaPay Enters the Latvian Market
UK-based cross-border payments platform ArcaPay has entered the Latvian market to provide SMEs with trading partners outside the eurozone an
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LPB Bank: The Fintech Industry in Latvia Has Great Potential but Requires Decisive Action
The FinTech industry in Latvia has enormous opportunities lying ahead – this was one of the insights at a recent
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Striga Secures VASP License Under Estonia’s Enhanced Regulations
Striga, formerly known as Lastbit, is the first company to be awarded a virtual asset service provider (VASP) license in
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Latvian Central Bank: Non-Cash Payments Account for 71% of Transactions
The central bank of Latvia’s semi-annual “Payment Radar” report found that the ratio of non-cash and cash payments in the
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Lithuania’s SME Finance Expands its Footprint to Finland
Lithuanian financing platform SME Finance has opened for business in Finland to provide loans to smaller businesses, including those with
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Latvia Joins Consortium to Develop Payments Pilot for EU Digital ID Wallet
The Nordic-Baltic eID Project (NOBID) is leading a consortium of six countries—Denmark, Germany, Iceland, Italy, Latvia and Norway—to deliver a
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5 Baltic Startups Selected for the Lighthouse FINITIV 2022 Fall Programme
15 fintech companies – five from the Baltic region and 10 from the Nordic region – were selected to participate
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Estonia’s Fairown Expands to Lithuania with Inbank and Topo Centras Partnership
Fairown, an Estonian fintech company that offers products-as-a-service to banks, brands, and retailers, is expanding its offerings in the Lithuanian
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airBaltic Issues 14 City Collection NFTs on OpenSea at 0.1 Ether Each
Latvian flag carrier airBaltic has concluded the issuance of a non-fungible token (NFT) collection with 14 tokens issued on NFT
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Tresio Partners With Latvia’s Nordigen to Gather Its Customers’ Financial Data
Financial planning platform Tresio has partnered with freemium open banking provider Nordigen to further enhance their financial tool via accurate,
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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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