Estonia
Estonia’s Top 8 Most Active VC Funds
With more than 1,400 tech startups operating in the country, Estonia stands at the leadership position as Europe’s most vibrant startup hub in Europe. The country also has a world-class track record in building unicorns, having been the birthplace of
Read More
Alternative Banking Systems and Fintech Products for Digital Nomads
For digital nomads who travel internationally and on a regular basis, finding a banking solution that fits with their unique lifestyle can be a daunting task. Digital nomads travel the world and often live in several different countries with their
Read More
Richard Branson Joins Lightyear’s US$25 Million Series A Fundraise
Estonian-founded investment platform Lightyear announced that it has raised a US$25 million Series A equity round led by Lightspeed Venture Partners. The company’s seed investors, Mosaic Ventures, Taavet+Sten and Metaplanet also took part in the round alongside a number of
Read More
BNPL Firm Twisto Taps Veriff for AI-Powered Identity Verification
Veriff, a global identity verification provider, announced its partnership with Twisto, a Zip-acquired buy now, pay later (BNPL) platform, to provide identity verification services for online merchants. With this partnership, Veriff expedites the identity verification process for Twisto customers, while
Read More
Fintech Funding Momentum Continues This Year in Baltic States
2021 was a record breaking year for the Baltic States’ startup landscape with a total of EUR 1.6 billion in capital raised, an amount that’s nearly three times the sum secured by the region’s startups in 2020, data from local
Read More
In the Baltics, Estonia Has Minted the Most Fintech Mini and Unicorns
In the Baltic region, Estonia is emerging as a fintech powerhouse, having minted the most fintech unicorns and being home to the largest number of fintech minicorns, or startups on the rise to becoming billion dollar companies. A new infographic
Read More
Tink Expands Open Banking Payments Services to Estonia and Latvia
Tink, Europe’s leading open banking platform, has announced the expansion of its open banking payments services to five new markets across Europe. Its Payment Initiation Services (PIS) product is now live in the Netherlands, Norway, Estonia, Finland and Latvia. Tink
Read More
Estonian Verification Startup Closes $100M Series C Funding Round
Veriff announced that they have raised $100M in Series C financing, co-led by Tiger Global and Alkeon, joined by existing investors IVP and Accel. This round brings Veriff’s total funding to $200M and its valuation to $1.5B, as it aims
Read More
Bolt Secures €628M Record-Funding- Valuation €7.4B
Bolt announced the closing of their latest €628M round of funding — the largest to date. The investment round was led by Sequoia and Fidelity Management and increased Bolt’s valuation to €7.4B. Rebuilding cities for people, not cars For the
Read More
Zurich Insurance Group to Acquire Estonia’s AI Firm AlphaChat
Zurich Insurance Group has agreed to acquire Estonia-based conversational AI company AlphaChat. AlphaChat’s customer service automation technology will help to enhance Zurich Insurance Group’s conversational AI capabilities, and support the development of Intelligent Virtual Assistants for both internal and external
Read More