Fintech News Baltic
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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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Latest News
airBaltic World’s First Airline to Issue NFTs
Latvian airline airBaltic announces that it will become the world’s first airline to issue non-fungible tokens (NFTs). The airline will
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Iceland-Born Fintech Meniga Closes €10 Million Investment Round
Meniga, a provider of digital banking solutions founded in Iceland, announced that it has closed a €10 million strategic investment
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Latvian Fintech Startup Jeff App Raises $1 Million for Southeast Asian Expansion
Jeff App, a Latvian fintech startup providing a data-enabled loan brokerage platform for unbanked customers in Asia, has closed a
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Finnish Payments Firm Enfuce Raises €7 Million in Funding Round Led by Tencent
Nordic-based card issuing and payment processing services provider Enfuce has raised €7 million in Series B funding led by Tencent
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Opera Hires PayPal’s Former Exec as New EVP for Its Fintech Arm Dify
Opera Limited, a browser provider headquartered in Oslo, announced that it has hired PayPal veteran Allen Hu as the new
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Lithuanian E-Money Institution FINCI Goes Live With Temenos
Temenos, a Swiss banking software company, announced that Lithuanian electronic money institution FINCI has gone live with Temenos. FINCI said
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Revolut Bank Launched in 10 Additional European Markets
Revolut has launched as a bank in 10 additional European markets with a specialised banking license from the European Central
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Estonia Digitised 99% of Its Public Services With the Aid of Blockchain
Estonia is emerging as a leader in e-government, embracing digital platforms and technologies to bring seamless and convenient e-services to
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Swedish Banking Platform Juni Selects TruNarrative’s Regtech Solution
Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has selected regtech TruNarrative to deliver compliance and onboarding
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Examining the Lithuanian Fintech Space and What the Future Holds for 2021
The financial technology sector has faced multiple challenges in the last year. Like many other industries worldwide, the finance sector
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Nets Completes the Sale of Its Account-to-Account Services Business to Mastercard
The Nets Group, a payment provider in Europe, announced the completion of the sale of its account-to-account based services, including
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Klarna’s Open Banking Solution Extended to 8 More European Markets
Swedish payments firm Klarna announced the expansion of its open banking solution across eight more European countries, which now includes
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Volvo Cars to Be Fully Electric by 2030 and Sold Exclusively Online
Volvo Cars plans to to become a fully electric car company by 2030 and sell them exclusively online by then.
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ePassi Acquires 2 Key Players to Cement Its Nordic Position for Employee Benefits
ePassi Payments, a Finnish mobile payment solution for employee benefits, has entered an agreement to acquire Sodexo Benefits and Rewards
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P2P Insurance Platform Completes Year-Long Testing in Bank of Lithuania’s Sandbox
Ooniq, peer-to-peer insurance platform of Workpower, has completed a year-long of testing within the Bank of Lithuania’s regulatory sandbox. The
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Idenfy and Verifo Join Forces to Secure International Payments
Real-time identity verification service iDenfy and international payment platform Verifo announced that they are partnering to secure financial transactions. Verifo
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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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Revolut Bank Launches Operations in Estonia
Revolut, a British fintech company offering banking services, announced that it has operationalised its European specialised banking license in Estonia.
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Lithuanian SME Digital Financing Granted a Specialised Bank License
The European Central Bank (ECB) has granted Lithuanian capital company SME Digital Financing a specialised bank license following the assessment
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Swedish Central Bank Extends Digital Currency Pilot Project e-Krona Until 2022
Sveriges riksbank, the central bank of Sweden, announced that it will be extending its central bank digital currency (CBDC) pilot
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Swedish Neobank Northmill Raises US$30 Million
Northmill Bank, a Swedish neobank, raised US$ 30 million (SEK 250 million) in a funding round led by M2 Asset
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Swedish Payment Platform Billhop Raises €4 Million in Series A Funding
Billhop, a Swedish company which enables businesses and individuals to pay their invoices by credit card, has closed a €4
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IKEA Makes Banking Moves With 49% Stake Acquisition in Ikano Bank
Ingka Group, the parent company of furniture retailer IKEA, announced that it has acquired a 49% stake in Ikano Bank
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Lithuanian Paysera Raked in EUR 13 Million in Revenue for 2020
Paysera, a Lithuanian payment processor, announced that it has raked in EUR 13 million in revenue in 2020 which exceeded
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Lithuanian Neobank SME Finance Reported 57% Revenue Increase In 2020
Lithuanian-based neobank SME Finance has reported that it chalked up fiscal revenues of EUR 7.7 million in 2020, which showed
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Payments Provider SumUp Acquires Lithuanian Fintech Paysolut
London-based payment service provider SumUp has acquired Paysolut, a Lithuanian core banking system provider for an undisclosed sum. The acquisition
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Fintech Veriff Among Winners of Estonian Startup Awards 2020
The Estonian Startup Awards 2020 organised by Estonian Founders Society, LIFT99 and Startup Estonia, has announced winners in 9 categories
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Crunchfish Implements Digital Cash on Cards
Crunchfish announces a new patent pending innovation with application number SE2150109-3 that extends offline frictionless mobile payments to also support
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Finnish Proptech CHAOS Raises €1.5 Million in Funding Round Led by Nidoco
Finnish proptech platform CHAOS has announced the successful closure of a €1.5 million funding round led by sustainability-focused Swedish investment
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Lithuanian Fintech Genome Chosen as the Payment Provider for m.Parking in Vilnius
UAB Maneuver (Genome), an electronic money institution focused on alternative banking and payment solutions, will be the payment provider for
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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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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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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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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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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
Read More