Posts From Company Announcement
Lithuanian Paysera Raises Its Authorised Capital to € 7 Million
Paysera, a Lithuanian payment processor with a dominant presence in the Baltics, has raised its authorised capital from EUR 3 million up to EUR 7 million. The capital was raised from the accumulated profit. “Paysera has become a well-known financial
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EstateGuru Announces Key Appointments in Latvia
EstateGuru, a cross-border marketplace for short-term property backed SME loans, has announced a series of executive appointments in line with its expansion strategy in Latvia. EstateGuru is strengthening its Group Sales function by appointing current Country Head of Latvia, Dainis
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Voi: First Bonus Miles E-Scooter Credit Card for Europe
Swedish e-scooter rental company Voi is now offering its own Mastercard credit card issued by Advanzia Bank as part of its sustainable mobility initiative. It is a departure from the classic credit card miles reward programmes that are usually tied
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Bank of Lithuania Issues LBCOIN– the World’s First Digital Collector Coin
Today the Bank of Lithuania issued its digital collector coin LBCOIN. Tthis is not only the first digital coin issued by a central bank in the euro area, but also across the world. LBCOIN is dedicated to Lithuania’s 1918 Act
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Paysera Electronic Payment Network Expands to Kosovo
The electronic payment network Paysera is expanding to Kosovo. The Central Bank of Kosovo has already granted Paysera Kosovo the first Electronic Money Institution (EMI) licence in the country. When Paysera started operating in the Baltics 16 years ago, transfer
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Fintech Week Lithuania Overview: 5 Insights from Keynote-Speakers
This year the Fintech Week Lithuania took place online, and it still managed to provide a solid discussion platform for experts from all over the world. And the discussion was necessary, as the banking industry, as well as the global
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Luminor Partners to Consolidate Cross-Border Pension Mgt Operations in Baltics
Luminor, the third-largest provider of financial services in the Baltics, has partnered with cloud portfolio management platform provider FA Solutions for its Asset & Pension Fund business segment, enabling Luminor Pensions to streamline cross-border operations and consolidate its multi-country systems
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Estonia Passes Law Creating Digital Nomad Visas
The Riigikogu on Wednesday passed a bill to amend the Aliens Act to allow for the creation of a digital nomad visa enabling foreign nationals whose work is not dependent on their location to work in Estonia. The bill initiated
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SWG Launching 4th Fintech Focused Accelerator Program in Vilnius
The European Bank for Reconstruction and Development (EBRD) becomes partners of Startup Wise Guys (SWG) fourth Fintech accelerator program starting in autumn 2020 in Vilnius, Lithuania. This program provides investment of up to 100K EUR and an up to 5
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Bank of Lithuania’s Digital Collector Coin Has Entered Its Final Phase
The world’s first blockchain-based digital collector coin (LBCOIN) created by the Bank of Lithuania as well as its e-shop have entered the final testing phase. Upon its successful completion, the digital coin should be issued by July 2020. “LBCOIN is
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