Zurich Insurance Group has agreed to acquire Estonia-based conversational AI company AlphaChat. AlphaChat’s customer service automation technology will help to…
Year: 2021
Revolut has received a banking license issued by the European Central Bank, following a proposal by the Lithuanian central bank.…
Estonia-based late venture investment marketplace Raison has secured US$900,000 in a seed funding round. The round values the company at…
The value of payment transactions by electronic money and payment institutions in Lithuania grew 6.3x year on year, and their…
Denmark-based B2B spend management service Pleo has raised US$200 million in a Series C extension round. It now brings the…
The fintech industry in the Nordic region, which comprises Denmark, Finland, Iceland, Norway and Sweden, saw strong funding growth in…
European Card-as-a-Service (CaaS) platform Enfuce has raised EUR45 million in a Series C round. The round was led by growth…
Fintech companies in Lithuania are among the best and fastest adapters to the Covid-19 pandemic. Fintech Hub LT statistics show…
The Bank of Lithuania invites payment market participants and technology companies to participate in an experiment and together develop a…
vArmour, a provider of application relationship management software, has just announced the establishment of their latest development center in Vilnius,…
Lithuanian financial intermediary SME Bank has signed a guarantee agreement with the European Investment Fund (EIF) to support local small…
Estonian banking and financial services company LHV announced that its customers are now able to trade major crypto assets on…
Open data startup Okredo has closed a €1 million seed funding round led by the Lithuanian Business Angels Fund and…
Lithuania’s buy-to-let crowdfunding platform InRento is scaling abroad by expanding its operation to Spain and acquiring Estonian real estate marketplace…
Trustly, a global payments platform for digital account-to-account transactions, has announced a partnership with IKEA. Through the partnership, Trustly will…
Funding activity is stalling in the Baltics’ fintech sector as startups are failing to raise considerable rounds this year, data…
Swedish Buy Now, Pay Later (BNPL) platform Klarna announces it has signed an agreement to acquire shopping comparison site PriceRunner.…
B2B payments specialist Banking Circle announced that it has joined the Danish national intraday clearing system. Through Banking Circle as…
Saldo Finance, a subsidiary of Finnish Saldo Finance Plc, has been granted European Central Bank’s (ECB) specialised banking license in…
Sweden’s credentials in sustainability and Stockholm’s vibrant fintech ecosystem are converging into a flourishing green fintech market where players are…