Archive
Finnish Fintech Saldo Receives European Central Bank’s Specialised Banking License
Saldo Finance, a subsidiary of Finnish Saldo Finance Plc, has been granted European Central Bank’s (ECB) specialised banking license in Lithuania. ECB’s specialised banking license will make it possible for Saldo to accept deposits, grant loans and provide funds transfer
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Stockholm Sees Growing Green Fintech Space
Sweden’s credentials in sustainability and Stockholm’s vibrant fintech ecosystem are converging into a flourishing green fintech market where players are gaining traction and starting to expand globally. This booming sector is highlighted in the 2021 edition of the yearly Stockholm
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Lithuanian Payments Firm kevin. Secured US$10 Million in Seed Funding
Lithuanian payments startup kevin. announced that it has has secured US$10 million of new capital in a seed funding round, bringing its total funds raised to US$14 million. The funding round was co-led by OTB Ventures and Speedinvest, European venture
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PayAlly Partners Nets for Issuer and Acquirer Processing Services in the UK
Denmark’s payment provider Nets Group and PayAlly, a London-based payment services provider, have entered into a partnership for full issuing and acquiring processing services in the United Kingdom. Nets will deliver a full issuing services product suite, starting with a
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Luminor Bank Partners Ondato for Remote Opening of Business Accounts in Latvia
Luminor Bank has partnered with Ondato, a Lithuanian provider of compliance-as-a-service, to allow companies to remotely open business accounts at the bank in Latvia. Ondato’s identification platforms will enable Luminor’s business customers to open a new account from anywhere in
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Danish Challenger Bank Lunar Snaps Up Payments Firm Paylike
Danish neobank Lunar announced that it has acquired Paylike, a full-stack European payment platform for an undisclosed sum. With this move, Lunar gains a gateway that will make it possible for its business customers to receive payments from their clients
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Lithuania Issues Peer-To-Peer Insurance Guidelines
Bank of Lithuania published the peer-to-peer (P2P) insurance guidelines, which present its assessments, insights and recommendations on InsurTech financial innovations to the financial market, potential providers of P2P insurance services and consumers. “The purpose of the guidelines is to promote
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Lithuania’s 5th Edition Fintech Inn Set to Kick off This Week
The international Fintech Inn 2021 is organised by Lithuania’s Agency for Science, Innovation and Technology (MITA) is back on 21-22 October 2021 in a fully virtual format. The event aims to bring together 250+ enterprises and start-ups, as well as
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Swedish Fintech Juni Extends Series A With Additional US$52 Million
Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has secured US$52 million in funding led by EQT Ventures, to add to the US$21 million already raised from their Series-A round in late June this year. This boosts
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Latvian Regulator FCMC Grants License to Investment Platform Debitum
Latvia’s Board of the Financial and Capital Market Commission (FCMC) has issued a license to SIA DN Operator, the legal company that runs the Debitum investment platform. This license is for the provision of investment and ancillary services, allowing Debitum
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