Archive
New Partnerships Aims to Pay Taxis with Crypto in Scandinavia
HIPS Payment Group, an Ireland-based provider of e-commerce and mobile payment solutions, and The Payment House, a Nordic payment processor for taxi companies in Scandinavia, announced their partnership to enable payment with crypto currency in over 20,000 taxis in Scandinavia
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Norway’s Central Bank to Test Viability of a CBDC Over the Next 2 Years
Norges Bank, the central bank of Norway, announced that it will test various technical solutions for a central bank digital currency (CBDC) over the next two years in line with the recommendations of an internal working group. The working group
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Stripe Rolls Out Issuing Service in Baltics
U.S.-based fintech Stripe announced that it has launched its issuing services across 20 European countries. Stripe Issuing is now available in Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia,
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Maxima Partners Citadele for Enhanced Card Payment Services in Its Latvian Stores
Latvian bank Citadele and retail store Maxima has signed an agreement on card acquiring for almost all 1300 POS terminals in all 176 Maxima shops in Latvia in order to serve customers with lower risk of payment interruption. The partnership
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6 Fast-Growing Fintech Companies from Norway
Norway is home to over 120 fintech companies with the vast majority of solutions available right now focusing on mobile payments and online banking, though other segments such as data and analytics, insurtech, data and analytics, and wealthtech, are also
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9 Fast-Growing Fintechs from Finland
Finland is home to more than 200 fintech companies, which have raised a combined EUR 450 million in funding, and generated EUR 1.3 billion in revenue in 2019, data from industry trade group Fintech Farm Helsinki show. These fintechs have
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Returpack Selects Payer to Digitise Payouts in Swedish Recycling Scheme
Returpack, a Swedish privately owned company that aims to increase recycling, has selected fintech startup Payer to develop a new IoT technology with the aim to create an easy digital payout experience for consumers. Payer was chosen to develop the
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Lithuania’s Bankera Enables SEPA Instant Payments for Businesses
Lithuania-based Bankera, a fintech focused on serving blockchain businesses, recently announced support of the SEPA Instant payments. With this move, both personal and business clients have access to instant transfers within more than 2,300 banks and financial institutions among the
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ArcaPay Granted Payment Institution License by Bank of Lithuania
ArcaPay UAB, the subsidiary of ArcaPay, a UK-based and FCA regulated cross-border payments platform, has been granted a payment institution license by the Bank of Lithuania. The company, founded in London in 2011, is opening a new base in Lithuania
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Estonia’s Veriff Raises US$69 Million to Grow Its ID Verification Firm
Veriff, an Estonian identity verification provider, announced that it has secured US$ 69 million in Series B financing in a round led by investment firms IVP and Accel. This latest investment brings Veriff‘s total secured funding to date to US$
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