Archive
Swedish Central Bank Pilots Phase 2 of E-Krona Project With Handelsbanken
The central bank of Sweden Riksbank pilots phase two of its e-krona project with Swedish bank Handelsbanken and TietoEVRY, a Finnish IT software and service company providing IT and product engineering services. The pilot project run by the Riksbank aims
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Bank of Lithuania Pens a “Dear CEO” Letter to Payment Firms to Enhance Compliance
The Bank of Lithuania has penned a Dear CEO letter to the managers of electronic money and payment institutions operating in Lithuania to strengthen its compliance culture. The Dear CEO letter is one of the supervisory instruments planned for this
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Latvia Develops Fintech Policies, Named World’s Most Startup-Friendly Country
Latvia has announced plans to develop two national policies to support the startup ecosystem; a national startup support policy, as well as a dedicated fintech strategy to support the rapidly-growing vertical. The country is named one of the most startup-friendly
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Swedish Fintech Tink Acquires German Open Banking Counterpart FinTecSystems
Sweden’s open banking platform Tink continues its expansion across Europe with the acquisition of FinTecSystems, a German open banking infrastructure fintech, powering over 150 banks and fintechs in Germany, Austria and Switzerland. The acquisition of FinTecSystems is conditional upon approval
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Top 7 Fintechs in Sweden
Home to one of the largest and best-known tech ecosystems in Europe, Sweden is now emerging as a fintech powerhouse, counting nearly 400 companies that use technology and digital platforms to support, enable or innovate banking and financial services, according
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FSS Taps Norway’s Payment Firm Zwipe to Offer Biometrics Payment Cards Globally
Financial Software and Systems (FSS), a global provider of integrated payment products and a payment processor, is partnering with Zwipe, a Norway-based paymets fintech, to bring biometrics payment cards to issuers globally. Both entities will collaborate closely, offering greater value
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EstateGuru Seeks up to €1 Million in Funds on Crowdfunding Platform Seedrs
EstateGuru, an Estonian marketplace for short-term, property-backed loans, announced a funding round on equity crowdfunding platform Seedrs up to the initial value of €1 million in order to fund its technology roadmap and expansion plans. The campaign launched in private
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Former Invest Lithuania Advisor Leads Launchpad Capital’s Baltics Operations
Launchpad Capital, a new early-stage venture capital firm led by long-time San Francisco-based fintech investor and entrepreneur Ryan Gilbert, will be investing in early-stage Lithuanian startups targeting North America. The firm plans to target 5 early-stage investments in 2021 ranging
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Latvian Fintech VIA SMS Enters Philippines Market Through Investment in VAMO.ph
Latvian fintech VIA SMS Group continues to expand its presence in Asia-Pacific by investing in the development of consumer lending brand VAMO.ph in the Philippines. The decision on further strategic expansion in the region follows successful business operations in Vietnam
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