Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has selected regtech TruNarrative to deliver compliance and onboarding…
Year: 2021
The financial technology sector has faced multiple challenges in the last year. Like many other industries worldwide, the finance sector…
The Nets Group, a payment provider in Europe, announced the completion of the sale of its account-to-account based services, including…
Swedish payments firm Klarna announced the expansion of its open banking solution across eight more European countries, which now includes…
Volvo Cars plans to to become a fully electric car company by 2030 and sell them exclusively online by then.…
ePassi Payments, a Finnish mobile payment solution for employee benefits, has entered an agreement to acquire Sodexo Benefits and Rewards…
Ooniq, peer-to-peer insurance platform of Workpower, has completed a year-long of testing within the Bank of Lithuania’s regulatory sandbox. The…
Real-time identity verification service iDenfy and international payment platform Verifo announced that they are partnering to secure financial transactions. Verifo…
Despite headwinds caused by the COVID-19 pandemic, Lithuania’s fintech landscape continued to grow in 2020 with 40 new companies setting…
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…