Posts From Fintechnews Baltic
What or Who is the GovTech Innovation Bank in Lithuania?
GovTech Innovation Bank is a pool of digital innovations – products, services – developed or planned to be launched by companies, startups, academia, or other innovation teams. Registered innovations will be presented to public sector organizations that plan to improve
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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 activity, new data from Invest Lithuania, the country’s agency for foreign direct investment and business development, show. The Fintech Landscape
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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 insurtech companies, a report by Sollers Consulting, an international operational advisory and software integrator, reveals. The Nordic Insurtech Report, released
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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 obtaining a specialised bank licence from the European Central Bank, Saldo Bank will introduce term deposits and continue providing loans
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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, the turnover of companies, and more taxes are being paid. However, it is predicted that in the background of global
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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 for establishing operations in Lithuania. After obtaining an electronic money institution (EMI) licence from the Bank of Lithuania, the company
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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, with German G+D Ventures and existing investors also participating. The funds will allow Salv to further develop its modular regtech
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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 e-commerce, nothing beats conversion when the client acts on your marketing appeal – unless a visitor buys something, is there
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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 it has completed a €30 million Series C funding round. The capital will fuel the growth of its business across
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The Future of Travel is Here: Are Businesses More Open to Crypto Payments?
Technology is something that tends to introduce itself to our lives first in the realm of conversation, whether it is as the result of the announcement of a new product or a prediction by an expert as to what will
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