Posts From Fintechnews Baltic

Baltic International Bank Completes Successful Core Banking Update

Temenos , the banking software company known for it core banking solutions has successfully upgraded Baltic International Bank’s private, corporate and retail business lines of Temenos T24 Core Banking to R17. The implementation was supported by Foranx, a certified Temenos services partner. The

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Fintech in the Baltics News Roundup: Funding Rounds, Partnerships and More

The Baltic states are gaining importance on the international fintech scene partially as a result of commitment of the different governments but also because of a very active startup scene and entrepreneurial spirit. These countries are increasingly being recognized as

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Upcoming Fintech and Blockchain Events in the Baltic States

The Baltic states, formed by Lithuania, Latvia and Estonia, are looking to create an environment favorable to entrepreneurship, international talent, and fintech innovation. Estonia, the richest and most developed country among the three Baltic states, has become in recent years

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Vying for International Fintech Startups, Lithunia Launches Regulatory Sandbox

Taking advantage of the Brexit fallout, Lithunia has been seen to be aggressive in positioning itself as a fintech friendly destination in Europe. While it is not the first country that comes to mind as the next-in-line as a fintech

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Bank of Lithuania – Winner of Central Banking’s First Catalyst Award

The Bank of Lithuania has been selected as the winner of the first Catalyst Award in the FinTech & RegTech Global Awards 2018 organised by Central Banking. The award was given and the Bank of Lithuania’s activities in the field

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7 Reasons for Fintech Startups to Come to the Baltics

The Baltic States, which comprise Estonia, Latvia and Lithuania, have recognized the prospects of fintech and are all looking to excel in digital finance. The region’s large startup community, supportive governments and favorable regulations have helped accelerate the growth of

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Fintech Baltic Officially Launched – Latest News Fintech News from Estonia, Lithuania and Latvia

The Baltic States, namely Estonia, Latvia and Lithuania, are an exciting place to be for financial services companies and fintech startups. The region is quickly becoming a prominent hub for fintech companies, and is home to not only successful ventures

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Scandinavian Markets Conquered by a Solution Developed in Lithuania

Five years ago, Danish consumers were introduced to a new app, MobilePay. The free of charge and user-friendly solution gave smartphone owners the opportunity to make instant payments knowing just the phone number of the beneficiary. This was the start

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TransferGo receives EMI license from Bank of Lithuania

In July, Bank of Lithuania granted an electronic money institution (EMI) license to TransferGo. “We believe that this license will allow us to offer an even better product for international payments in the European Economic Area, because when you hold

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Blockchain in the Baltic States

The Baltic states have become a hotbed for blockchain technology with the region being named “a crypto paradise” for its high concentration of Bitcoin full nodes, strong initial coin offering (ICO) activity, and the fervent support from local governments. This

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