Archive
Finnish Proptech CHAOS Raises €1.5 Million in Funding Round Led by Nidoco
Finnish proptech platform CHAOS has announced the successful closure of a €1.5 million funding round led by sustainability-focused Swedish investment firm Nidoco. Angel investors Kai Keituri, Tapio Heikkilä, and Stefan Lindberg had also participated in the funding round. The investment
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Lithuanian Fintech Genome Chosen as the Payment Provider for m.Parking in Vilnius
UAB Maneuver (Genome), an electronic money institution focused on alternative banking and payment solutions, will be the payment provider for parking services in Vilnius, Lithuania. Genome said that its services will be available in three more cities namely Kaunas, Klaipėda,
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Lithuanian Startup Kevin Raises €1.5 Million to Break Into New European Markets
kevin., a Lithuanian payments startup, announced that it has raised €1.5 million in seed funding to scale into new markets in Europe. The funding came from a number of European business angels from the finance and insurance industries. kevin. currently
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Svea Finland Ties up With Nordic API Gateway to Boost E-Commerce Checkout
Payments service provider Svea and Nordic API Gateway, Denmark’s open banking platform, signed a new partnership that is set to boost e-commerce checkout for a wide range of merchants in Finland through the latter’s platform. The open banking platform is currently
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Nordic Countries Emerge as Front-Runners in Open Banking Adoption
The Nordic countries are placing themselves at the forefront of the open banking movement. In Denmark, Finland, Norway and Sweden, traditional financial institutions and fintechs are rapidly embracing the trend which they perceive as a major opportunity for their businesses,
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Lithuanian Payments Firm Paysera Expands Its Footprint to Spain
The Lithuanian-based e-payment network Paysera has announced its expansion plans to Spain, where the company Paysera España was established in the city of Valencia. Financial services and a trademark developed in Lithuania are brought to Spain by the owners of
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Baltic Banks Embrace Open Banking
In the Baltic region, banks are embracing open banking with most of the major ones giving third-party providers regulated access to account information through developer portals. Data from Latvian open banking startup Nordigen and Openbankingtracker.com suggest that at least 11
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UK Open Banking Fintech Yapily Plans to Set up Hub in Lithuania
Yapily, a London-based fintech startup, has announced plans to set up in Vilnius, Lithuania which is the company’s third European office. Yapily joins a growing number of UK fintechs including Revolut, Curve and Square that chose Lithuania as the location
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Swedish Minna Technologies Bags €15.5 Million in Funding Round Joined by Visa
Swedish fintech startup Minna Technologies has raised €15.5 million (£14 million) during a Series B fundraising led by Element Ventures with support from MiddleGame Ventures, Nineyards Equity and Visa, to help retail banks enable their subscription management offering. The new
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Bank of Lithuania to Double Down on Payment Service Providers
Bank of Lithuania reported that the number and value of payments made through its payment system CENTROlink had doubled in 2020, while instant payments increased by more than four times. Keeping in this mind, Bank of Lithuania has changed the
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