Posts From Fintechnews Baltic
Lithuania’s SME Finance Expands its Footprint to Finland
Lithuanian financing platform SME Finance has opened for business in Finland to provide loans to smaller businesses, including those with trading histories of under two years. Finland has a highly concentrated banking sector, with the top three banks controlling 80%
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Latvia Joins Consortium to Develop Payments Pilot for EU Digital ID Wallet
The Nordic-Baltic eID Project (NOBID) is leading a consortium of six countries—Denmark, Germany, Iceland, Italy, Latvia and Norway—to deliver a cross-border payments pilot aligned with the aims of the European Commission’s EU digital identity wallet program. The consortium’s proposal to
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5 Baltic Startups Selected for the Lighthouse FINITIV 2022 Fall Programme
15 fintech companies – five from the Baltic region and 10 from the Nordic region – were selected to participate in Mastercard Lighthouse FINITIV’s 2022 fall programme. Since its launch in 2018, the Mastercard Lighthouse FINITIV programme has been the
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Estonia’s Fairown Expands to Lithuania with Inbank and Topo Centras Partnership
Fairown, an Estonian fintech company that offers products-as-a-service to banks, brands, and retailers, is expanding its offerings in the Lithuanian consumer electronics market by partnering with local bank Inbank and retail consumer electronics company Topo Centras to launch the solution
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airBaltic Issues 14 City Collection NFTs on OpenSea at 0.1 Ether Each
Latvian flag carrier airBaltic has concluded the issuance of a non-fungible token (NFT) collection with 14 tokens issued on NFT marketplace OpenSea, each listed at a fixed price of 0.1 Ether. The fourteenth NFT in airBaltic’s City Collection is a
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Tresio Partners With Latvia’s Nordigen to Gather Its Customers’ Financial Data
Financial planning platform Tresio has partnered with freemium open banking provider Nordigen to further enhance their financial tool via accurate, real-time data. Tresio’s partnership with Nordigen allows them to source customers’ financial data directly from their bank accounts within seconds
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F10 Launches Climate Fintech-Focused Incubator in the Nordics and Baltics
F10, an innovation ecosystem for fintech and insurtech with hubs in Switzerland, Singapore, and Spain, announced the launch of an incubation programme dedicated to climate fintech across the Nordics and Baltics, expanding its reach within Europe. The goal is to
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Lithuania Kicks off “Startupcation” Program For Foreign Startups
Lithuania has launched a “Startupcation” program and invites foreign startups to experience the booming startup ecosystem of Vilnius, Lithuania’s capital city and main startup hub. The program grants fast-lane access to the country’s relevant business networks and hubs and provides
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Vilnius Payment Startup Delivers Multi-Currency Payments on Mambu
OKEO helps customers save time and money by providing access to modern and professional banking services. Mambu‘s composable platform enables OKEO to offer multi-currency foreign exchange payments, at rates up to five times better than traditional institution, and delivery times
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Fintech Funding Remains Strong in Central and Eastern Europe
Q2 2022 was a fructuous quarter for technology startups in Central and Eastern Europe (CEE), which closed more than EUR 2 billion in disclosed funding, a figure that’s double what was raised by CEE tech startups in the same quarter
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