Archive
Estonia Grants Insurance Broker License to e-Resident Digital Nomad Broker
The Estonian Financial Supervision Authority (Finantsinspektsioon) has officially granted an insurance broker license to Herrmann, Huebner & Partner to set up NOMADS INSURE in the country. The firm said that it has emerged as the first e-Residency company to receive
Read More
Swedish Fintech Invoier Bags EUR 4.1 Million From the European Union
Stockholm-based fintech company Invoier, who has built and established a marketplace for fair and transparent trading of invoices, has secured a EUR 4.1 million equity funding from the European Innovation Council’s (EIC) Fund. Invoier’s marketplace enables SMEs to convert invoices
Read More
Danish Neobank kompasbank Selects Mambu To Roll Out SME Lending
Newly-established Danish small and medium-sized enterprise (SME) bank kompasbank announced their go-live on Mambu’s Software-as-a-Service (SaaS) banking platform. On Mambu’s cloud-native banking platform, kompasbank said that it was able to build fast and flexible customer onboarding, loan and deposit processes.
Read More
Nets Extends Partnership With Estonia’s LHV Bank, Adds Issuing Services in the UK
Nets, a payment services provider based in Denmark, has extended their long-term partnership with Estonia’s LHV Bank, while adding new issuing services for the latter’s British subsidiary, LHV UK Limited. The extended partnership will see Nets continue to deliver full
Read More
Checkin.com Acquires Estonian Identity Verification Firm GetID for EUR 8.1 Million
Stockholm-based Checkin.com Group announced that it has acquired GetID, an Estonian identity verification software provider, for EUR 8.1 million. Completion of the transaction is expected to take place during August 2021. Checkin.com provides a software that combines multiple UX-systems, data
Read More
Voyager Digital Snaps Up Crypto Payments Firm Coinify for US$84 Million
Voyager Digital, a publicly-traded cryptocurrency platform in the United States, announced the acquisition of Denmark-based cryptocurrency payment platform Coinify. According to CoinDesk, the deal valued at about US$84 million in stock and cash. Under the terms of the share purchase
Read More
Estonian Ride Hailing App Bolt Bags €600 Million Led by Sequoia
Estonian ride hailing app Bolt announced that it has closed a €600 million funding round, increasing its valuation to more than €4 billion. The firm said that the funds will be used to boost its new grocery delivery service Bolt
Read More
London Fintech Curve Appoints CEO and Head of Lithuania To Drive Growth in Europe
Curve, a London-based fintech that allows consumers to store their payment cards in a single location, announced the appointment of Renata Sumskaite as CEO and Head of Curve Lithuania, in a move that cements its growth strategy from an EU-licensed
Read More