Posts From Fintechnews Baltic
Winners of Lithuanian Fintech Awards
Fintech Week Lithuania yesterday announced the 2020 winners of the first-ever Lithuanian Fintech Awards. The awards recognise the success stories of the past year across numerous areas in fintech, including payments, lending & investing, KYC and analytics. The awards were
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Top 3 Reasons Bitcoin Has a Chance at Changing the Financial System
The world is becoming more digital every second. There are more digital payment options than ever before. Digital wallets and financial apps are so convenient that most people would gladly swap their cash and cards for them. This isn’t just
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Estonian Fintech Planet42 Raises $2.4M Targeting Unberbanked in Africa
Planet42, an Estonian fintech operating in Africa that focuses on providing access to mobility to the underbanked, has raised €2.2M ($2.4M). The seed round was led by Change Ventures. Private backers include Martin Villig (Bolt), Ragnar Sass (Pipedrive), Marko Virkebau
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Fintech Week Lithuania Goes Online
Fintech Inn, the largest Fintech conference in the Baltic region, has been postponed to 28-29 April 2021 due to the Covid-19 pandemic. However, the organisers have come up with an online alternative this summer. Fintech Week Lithuania, taking place on
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Belarus Fintech Map Showcases Growing Ecosystem
Belarus is home to a growing fintech startup ecosystem that now hosts more than 100 fintech companies and applications, according to the latest Belarus Fintech Map by the Belarus Fintech Hub and the Center for Economic Research. Payments, currency converters
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Covid-Support: Genome Is Waiving Service Fees for All Low-Risk Businesses
Genome, a Lithuanian fintech company that operates as a financial ecosystem for personal and business use announced that it is showing support for all businesses that will struggle with the retailing of physical goods while switching to e-commerce. For all
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Lithuania Has More Than 1000 Startups
Today, the Lithuanian startup ecosystem, which has been demonstrating rapid development rates for some time and can boast of successful results. According to the “Startup Lithuania” database, the number of innovative businesses registered in Lithuania already reached 1021. The number
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Revolut Transferring Business Customers to Lithuanian Entity
You might have seen some updates from Revolut about account migration to their new European license. Revolut’s intention is to make sure that the client experience isn’t interrupted and that Revolut can be used normal. So that Revolut is fully
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30 Years of Lithuanian independence- How Lithuania Got Good at (Fin)Tech
The fall of the Soviet Union brought about more than a dozen sovereign nations, each taking a distinct path from the other. Lithuania, the first country to regain its independence on March 11, 1990, has already developed its fair share
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European Commission Supports the Global Hack, a Global Tech Movement to Combat the Coronavirus
The European Commission has announced it is supporting the upcoming Global Hack, an online hackathon organised by the world’s tech community. The Hackathon is designed to rapidly develop much needed solutions in the current COVID-19 pandemic. Kai Isand, head organiser
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