Posts From Fintechnews Baltic

Practica Capital Closes €70M Early-Stage Baltic Entrepreneurs Fund Raise

Vilnius-based Practica Capital announced the first closing of its €70M target size Practica Venture Capital III fund at €32M. The fund will focus on backing the Baltic founders from pre-seed to A round, making it the biggest such dedicated vehicle

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LPB Bank Mission Is to Provide a One-Stop Service to Fintech

LPB Bank stands out against the background of the banks of the Baltic banking market with its financial and technological solutions, which are already successfully used by fintech companies, as well as the constant development of the technologies. The bank’s

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The Winners of Mastercard Lighthouse 2022 Grand Finale

Mastercard has announced the winners of its Lighthouse 2022 Fall Finale at the “Fintech & Impact: Born For This Moment” side event at Slush in Helsinki. Lighthouse is a collaboration network that fosters symbiotic growth between banks, fintechs and Mastercard.

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Investment App Fundvest Launches in Lithuania

Financial brokerage company Fundvest launches a new mobile application in Lithuania that provides access to the stock exchanges of the United States of America and the European Union. Using the app, users can purchase stocks and ETFs, conduct automated investing,

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SaltPay Acquires Two Latvian Companies to Establish Engineering Hub in Riga

SaltPay, a UK-based Fintech company that provides affordable and secure payment and software solutions for small and medium-sized businesses, has announced that it has acquired two Latvian firms, MeaWallet and A-Heads Consulting. This acquisition is part of SaltPay’s plan to

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In Lithuania, Changes to Legislation are Expected to Attract Fintech Talent

Earlier this year, the Lithuanian parliament approved amendments to the Labour Code, a development which the government hopes will help attract more highly qualified technology specialists from abroad but also entice highly skilled Lithuanian citizens who have left the country

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UBS Chooses Regula’s Identity Verification Solutions to Automate Onboarding

UBS has partnered with Latvian identity verification company Regula to create a fully automated and 24/7 account opening process for new customers. Instead of real-time video interviews, which were previously required by UBS to verify new customers, the enrollment process now

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Estonia’s Kriptomat Partners Volt for A2A Payments for Crypto Trading

Estonian crypto platform Kriptomat has partnered with UK payment gateway provider Volt to enable customers to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies. Prior to integrating with Volt, Kriptomat customers used bank transfers, credit cards and e-wallets

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Estonia’s Mifundo Raises €1.2 Million in Pre-seed Funding Round

Estonian cross border lending platform Mifundo has raised €1.2 million in pre-seed funding led by Opus11 VC, with angel investors LHV Bank’s Jüri Laur and Iizi Kindlustusmaakler’s Kaido Kepp. Mifundo aims to build a platform to enable people to apply

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Estonian Freelancers, SMEs Can Now Invest in the Global Stock Market via Lightyear

London-based investing app Lightyear has launched business accounts in Estonia to enable freelancers and small business owners to invest in the global stock market. Estonian businesses will be able to invest in stocks and ETFs from the US and Europe

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