Posts From Fintechnews Baltic

Lithuania’s Fintech Landscape in 2019 and 2020 Startup Map

2019 was a key year for Lithuania’s fintech sector, with the number of companies in the sector rising to more than 200 and the country being recognized as one of the most dynamic fintech hubs globally, according to a new

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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 77 companies, among which 18 in the blockchain, crypto space, according to the first ever draft of the Estonia Fintech Startup Map. Estonia has a burgeoning blockchain industry

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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 32 fintech startups and has rapidly expanding blockchain and alternative lending segments, according to the Fintech Latvia Startup Map 2020.

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Top 18 Upcoming Fintech Events in the Baltic and Nordic Region in 2020

The fintech landscape in the Nordic and Baltic regions continues to be one of the most successful at producing unicorns with recent examples that include TransferWise, from Estonia, and Klarna Bank, from Sweden. As we head into 2020, we look

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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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Riksbank Develops an e-Krona in a Test Environment

The Riksbank has implemented a public procurement of a technology supplier to the e-krona pilot project and intends to sign an agreement with consulting company Accenture. The primary objective of the e-krona pilot project is to broaden the bank’s understanding

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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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Fintech Startup PayRay Got a Lithuanian Banking Licence

Following the assessment and proposal of the Bank of Lithuania, the European Central Bank (ECB) granted PayRay, UAB a banking licence, authorising it to receive deposits and other repayable funds. The company is currently providing factoring services and microcredits to

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Digital Banks – A Common Practice Or The Distant Future?

Ten years ago we probably haven’t even thought of the possibility to order a bank card online and that there will be no longer need for us to go to the bank unit where, in the end, the number of

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The 9 Hottest and “Coolest” Fintechs in Iceland

Iceland’s financial services industry has changed rapidly over the past couple of years with fintech solutions at the forefront of these changes. Innovative fintech solutions are provided by the three largest commercial banks in the country, namely Landsbankinn, Íslandsbanki, and

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