Archive
Paysera Switches up to Trade in Physical Gold
Lithuanian payment processor Paysera announced that the company has started trading in physical gold, actual bars and coins rather than units of this precious metal sold on the exchanges. Buyers will be able to store their gold, purchased via the
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Bank of Lithuania Reports Digital Payments Pace Accelerating Despite COVID-19
In the first half of 2020, the number of payment transactions and income of electronic money and payment institutions (EMIs/PIs) has continued to grow at a rapid pace despite the pandemic. “The trends observed in the first half of the
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EstateGuru Announces Key Appointments in Latvia
EstateGuru, a cross-border marketplace for short-term property backed SME loans, has announced a series of executive appointments in line with its expansion strategy in Latvia. EstateGuru is strengthening its Group Sales function by appointing current Country Head of Latvia, Dainis
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Klarna Becomes Highest-Valued Fintech Unicorn in Europe At $10.65 Billion Valuation
Stockholm based Fintech Klarna became the highest-valued private fintech in Europe after raising US$650 million in a funding round, at a post money valuation of $10.65 billion. The funding round was led by Silver Lake, technology investing firm with more than
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Invoice Factory Fintech Factris Closes EUR 50M Secured Financing Agreement
Fintech company Factris has closed a new EUR 50 million secured financing agreement with asset manager NN Investment Partners (NN IP). The facility will be used to provide financing to European small and medium-sized enterprises (SMEs) via the purchase of
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