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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
Read MoreScandinavian 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
Read MoreTransferGo 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
Read MoreBlockchain 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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