Estonia
Estonian Regtech Salv Raises €4M Seed Round
Salv, the regtech startup founded by former Wise and Skype employees, closes a €4m seed round extension led by ffVC, with German G+D Ventures and existing investors also participating. The funds will allow Salv to further develop its modular regtech
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Estonia’s Kriptomat Partners Volt for A2A Payments for Crypto Trading
Estonian crypto platform Kriptomat has partnered with UK payment gateway provider Volt to enable customers to make real-time account-to-account payments to buy, sell and exchange cryptocurrencies. Prior to integrating with Volt, Kriptomat customers used bank transfers, credit cards and e-wallets
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Estonia’s Mifundo Raises €1.2 Million in Pre-seed Funding Round
Estonian cross border lending platform Mifundo has raised €1.2 million in pre-seed funding led by Opus11 VC, with angel investors LHV Bank’s Jüri Laur and Iizi Kindlustusmaakler’s Kaido Kepp. Mifundo aims to build a platform to enable people to apply
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Estonian Freelancers, SMEs Can Now Invest in the Global Stock Market via Lightyear
London-based investing app Lightyear has launched business accounts in Estonia to enable freelancers and small business owners to invest in the global stock market. Estonian businesses will be able to invest in stocks and ETFs from the US and Europe
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Wise Secures License to Operate Investment Services in Estonia
The Estonian Financial Supervisory Authority or Finantsinspektsioon has granted TINV Europe, a part of the Wise group which provides online money transfer service, a license to provide investment and ancillary services in the country. Wise is now allowed to accept
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Striga Secures VASP License Under Estonia’s Enhanced Regulations
Striga, formerly known as Lastbit, is the first company to be awarded a virtual asset service provider (VASP) license in Estonia under the amended Money Laundering and Terrorist Financing Prevention Act. Founded in 2018, Striga is building a crypto-native banking
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5 Baltic Startups Selected for the Lighthouse FINITIV 2022 Fall Programme
15 fintech companies – five from the Baltic region and 10 from the Nordic region – were selected to participate in Mastercard Lighthouse FINITIV’s 2022 fall programme. Since its launch in 2018, the Mastercard Lighthouse FINITIV programme has been the
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Estonia’s Fairown Expands to Lithuania with Inbank and Topo Centras Partnership
Fairown, an Estonian fintech company that offers products-as-a-service to banks, brands, and retailers, is expanding its offerings in the Lithuanian consumer electronics market by partnering with local bank Inbank and retail consumer electronics company Topo Centras to launch the solution
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F10 Launches Climate Fintech-Focused Incubator in the Nordics and Baltics
F10, an innovation ecosystem for fintech and insurtech with hubs in Switzerland, Singapore, and Spain, announced the launch of an incubation programme dedicated to climate fintech across the Nordics and Baltics, expanding its reach within Europe. The goal is to
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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
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