Posts From Company Announcement

Payment Link – Your Door to the Online Business in the Baltics and Beyond

It always seems impossible until it’s done, said Nelson Mandela. And a process of moving business online can definitely relate to this statement. Even a thought of it makes you freeze of the number of associated unknowns. Where to find

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Revolut Bank Launches in Lithuania

Four years ago, Revolut set out to build a new kind of bank. The kind of bank that solves your problems and treats you fairly. And starting today, Revolut takes the first step as they launch Revolut Bank to their

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Revocation of Bruc Bond, UAB Payment Licence for Serious Violations of National Legislation

The Board of the Bank of Lithuania has revoked the payment institution licence held by Bruc Bond, UAB (formerly UAB Moneta International). Such a decision has been taken in view of non-compliance with the requirements pertaining to its existing licence

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Estonian Startup Help: Raise €250K Or More

The emergency situation, remote working, the aim of avoiding physical contacts are making companies to adapt their products and services to the current situation. Estonian startup sector has responded fast and vigorously to the changing socioeconomic situation caused by the

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Mambu is Opening its Prime Engineering Centre in Lithuania

Mambu, an innovative cloud platform for banks, Fintechs and financial service providers, is establishing an engineering centre in Lithuania. The new Vilnius team, which is expected to grow to 100 employees within 3 years, will serve as one of the

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Coronavirus: Wisefund Offers Funding Relief To European Based Businesses

As the global Covad-19 Coronavirus Pandemic starts its streak across Europe, businesses both large and small are bracing for the imminent problems that are forthcoming. This is not a slow process, as it is hitting world economies quickly and hard.

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Xolo Launches Business Banking for e-Residents in Estonia

Xolo will offer all new customers of Xolo Leap a fully-licensed German bank account, available online through the platform. The banking functionality is provided by Wirecard. This removes the last obstacle for a quick and seamless launch of an EU company through

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Estonian Real Estate Crowdfunding Aggregator Wins Fintech Battle Pitch Competition at TechChill

Leading startup and tech conference in the Baltics TechChill sets records and gathers over 2300 attendees from across the globe. Estonian startup wins TechChill 2020 pitch competition and receives the main prize. The lucky winner took home 10 000 EUR,

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Bank of Lithuania Approved The Sample Of The World’s First Digital Collector Coin

The Board of the Bank of Lithuania has approved the sample of the physical version of the digital collector coin – an original silver coin bearing a denomination of €19.18 to commemorate the year of the Act of Independence of

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Lithuania Brings World’s First Blockchain Based Digital Collector Coin

The world‘s first blockchain-based digital collector coin created by the Bank of Lithuania is dedicated to the 16 February 1918 Act of Independence of Lithuania and its 20 signatories. The coin is expected to be issued in spring 2020. “This

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