Archive
New Fintech Lithuania Report and Map 2024
In Lithuania, the fintech ecosystem rose steadily last year, showing resilience and maturity in the face of the continued global economic downturn. Data freshly released by Invest Lithuania, the country’s investment promotion agency, reveal that the number of companies in
Read More
The Winners of the 2024 Lithuanian Fintech Awards
Rockit, a fintech hub and startup program organizer in Lithuania, has unveiled the recipients of the 2024 Lithuanian Fintech Awards, recognizing this year’s top fintech leaders and trailblazers shaping the country’s fintech sector. The 2024 Lithuanian Fintech Awards, the fourth
Read More
Redefining Resilience for Banks in the Digital Era With the Four Zeros
The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations in a dynamic digital landscape. This transformation is not without its challenges, as banks grapple with the critical task of
Read More
Citi Ventures Invests in Core Banking Provider Tuum
Tuum, a London and Tallinn based core banking provider, announced that Citi Ventures, a venture capital arm of US-headquartered Citigroup, has become a strategic investor in the company as a follow-on from Tuum’s recently announced series B fundraising. At the
Read More
N26 Launches Instant Savings in the Baltics
German Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe. From today, customers in Austria, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia and Slovenia will
Read More
Tenity to Invest in 4 Early-Stage Fintech Startups in Estonia and 2 From the Nordics
8 early-stage startups from 5 countries have been selected for the upcoming Tenity Incubation Program starting on March 4th, 2024, in Tallinn. The selected startups receive an initial EUR50k investment from the Tenity Incubation Fund. The upcoming edition of the
Read More
Sweden’s Capitalbox Acquires Denmark’s Invoice Purchasing SME Specialist Omniveta
CapitalBox, the Stockholm based alternative financing specialist for small- and medium-sized enterprises (SMEs), announced its acquisition of Copenhagen-based Omniveta Finance. Omniveta is an invoice purchasing company dedicated to improving lending liquidity for SMEs across Denmark. Founded in 2012, Omniveta specialises
Read More
Openfin Hack International Fintech Hackathon Opens for Applications
Leading financial institutions, Fintech companies, and Latvian and European financial industry associations opens application opportunities for the international Fintech hackathon “OpenFin Hack”, which aims to promote innovation to make financial services more secure, inclusive and accessible. The OpenFin Hack hackathon
Read More
Latvia’s Fintech Industry on the Rise, Driven by Growth in Blockchain, Digital Lending, Regtech
Latvia is home to a dynamic fintech industry that’s witnessing remarkable growth in the blockchain and digital lending sectors. Additionally, the rise of regtech solutions is being driven by the need to comply to heightened regulatory requirements, offering opportunities for
Read More