Posts From Fintechnews Baltic
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 Executive Vice President (EVP) of Dify, which is the browser’s fintech arm. An expert in financial technology and payments, Allen
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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 that Temenos’ rich banking functionality and API-first, microservices-based technology enabled it to design, build and launch the service from scratch
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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 Bank via the Bank of Lithuania. Customers in Bulgaria, Croatia, Cyprus, Estonia, Greece, Latvia, Malta, Romania, Slovakia and Slovenia who
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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 citizens. Today, 99% of public services, including tax filings and public voting, are available digitally to Estonians, and these solutions
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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 technology. This move will provide Juni the capability to successfully onboard and monitor their individual and business clients. The Juni
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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 lost its workforce, and many businesses had to close down. But inefficiencies bring new opportunities, leading the way for fintech
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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 clearing, instant payment services, and e-billing solutions, to Mastercard for €2.85 billion. This follows the successful conclusion of the remedy
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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 Portugal, Denmark, Luxembourg, Ireland, Croatia, Estonia, Lithuania and Latvia. As part of the latest expansion, Klarna also introduced the “Account
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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. The company intends to only sell fully electric cars and phase out any car in its global portfolio with an
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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 Services’ (BRS) business in Nordics, including Sodexo Pass Sweden and the Finnish company Eazybreak. Bregal Milestone remains the majority shareholder
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