Estonia

Angel Investing Platform Funderbeam Bags US$40M Funding Led by VentureWave

Funderbeam, an Estonian angel investing and trading platform, has received US$40 million investment led by Irish Venture capital firm VentureWave. VentureWave said that it will take an active and strategic leadership role in scaling Funderbeam’s technology across venture assets. The

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Estonian Crowdfunding Platfom Estateguru Gets EU Crowdfunding Licence

Estateguru has announced that the Estonian Financial Supervision and Resolution Authority (Finantsinspektsioon) has granted the platform its European Crowdfunding Service Providers for business (ECSPR) licence, allowing it to operate as a crowdfunding service provider across all European Union (EU) member

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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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