Archive
Paysera Electronic Payment Network Expands to Kosovo
The electronic payment network Paysera is expanding to Kosovo. The Central Bank of Kosovo has already granted Paysera Kosovo the first Electronic Money Institution (EMI) licence in the country. When Paysera started operating in the Baltics 16 years ago, transfer
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Fintech Week Lithuania Overview: 5 Insights from Keynote-Speakers
This year the Fintech Week Lithuania took place online, and it still managed to provide a solid discussion platform for experts from all over the world. And the discussion was necessary, as the banking industry, as well as the global
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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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Luminor Partners to Consolidate Cross-Border Pension Mgt Operations in Baltics
Luminor, the third-largest provider of financial services in the Baltics, has partnered with cloud portfolio management platform provider FA Solutions for its Asset & Pension Fund business segment, enabling Luminor Pensions to streamline cross-border operations and consolidate its multi-country systems
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Estonia Passes Law Creating Digital Nomad Visas
The Riigikogu on Wednesday passed a bill to amend the Aliens Act to allow for the creation of a digital nomad visa enabling foreign nationals whose work is not dependent on their location to work in Estonia. The bill initiated
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SWG Launching 4th Fintech Focused Accelerator Program in Vilnius
The European Bank for Reconstruction and Development (EBRD) becomes partners of Startup Wise Guys (SWG) fourth Fintech accelerator program starting in autumn 2020 in Vilnius, Lithuania. This program provides investment of up to 100K EUR and an up to 5
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Bank of Lithuania’s Digital Collector Coin Has Entered Its Final Phase
The world’s first blockchain-based digital collector coin (LBCOIN) created by the Bank of Lithuania as well as its e-shop have entered the final testing phase. Upon its successful completion, the digital coin should be issued by July 2020. “LBCOIN is
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