Despite headwinds caused by the COVID-19 pandemic, Lithuania’s fintech landscape continued to grow in 2020 with 40 new companies setting…
Month: February 2021
Revolut, a British fintech company offering banking services, announced that it has operationalised its European specialised banking license in Estonia.…
The European Central Bank (ECB) has granted Lithuanian capital company SME Digital Financing a specialised bank license following the assessment…
Sveriges riksbank, the central bank of Sweden, announced that it will be extending its central bank digital currency (CBDC) pilot…
Northmill Bank, a Swedish neobank, raised US$ 30 million (SEK 250 million) in a funding round led by M2 Asset…
Billhop, a Swedish company which enables businesses and individuals to pay their invoices by credit card, has closed a €4…
Ingka Group, the parent company of furniture retailer IKEA, announced that it has acquired a 49% stake in Ikano Bank…
Paysera, a Lithuanian payment processor, announced that it has raked in EUR 13 million in revenue in 2020 which exceeded…
Lithuanian-based neobank SME Finance has reported that it chalked up fiscal revenues of EUR 7.7 million in 2020, which showed…
London-based payment service provider SumUp has acquired Paysolut, a Lithuanian core banking system provider for an undisclosed sum. The acquisition…
The Estonian Startup Awards 2020 organised by Estonian Founders Society, LIFT99 and Startup Estonia, has announced winners in 9 categories…
Crunchfish announces a new patent pending innovation with application number SE2150109-3 that extends offline frictionless mobile payments to also support…