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

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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

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Estonian Investment Marketplace Raison Valued at US$11.5 Million After Seed Funding

Estonia-based late venture investment marketplace Raison has secured US$900,000 in a seed funding round. The round values the company at US$11.5 million, and was led by family office Server Partners, according to a statement by the company. The company will

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Estonian Bank LHV Offers Crypto Trading on Its App

Estonian banking and financial services company LHV announced that its customers are now able to trade major crypto assets on its app. Initially, customers will be able to buy and sell eight selected major cryptocurrencies at market prices including Bitcoin

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How Emerging Technologies Are Boosting E-Governance in Estonia

Estonia has seen soaring success with e-governance initiatives. In the UN’s 2020 E-Government Development Index, the country ranked third out of a total of 193 countries. The index assesses how countries use information technologies to promote access and inclusion. Estonia

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Mastercard’s Accelerator Lineup Features Women-Led and Sustainable Startups

Mastercard has revealed the 15 tech startups that will be joining the fall edition of its Lighthouse FINITIV programme from Sweden, Estonia and Finland. This fall, the programme kick off in Stockholm, Helsinki and Tallinn while utilising the benefits of

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Estonia’s EstateGuru Bags €5.8 Million From Series A Fundraise

EstateGuru, an Estonian marketplace for short-term, property-backed loans, announced the successful closure of its €5.8 million Series A funding round, with investments coming from Switzerland, United Kingdom, Czechia, Austria, Germany, and Cyprus. The lead investor for the round is TMT

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Estonia Grants Insurance Broker License to e-Resident Digital Nomad Broker

The Estonian Financial Supervision Authority (Finantsinspektsioon) has officially granted an insurance broker license to Herrmann, Huebner & Partner to set up NOMADS INSURE in the country. The firm said that it has emerged as the first e-Residency company to receive

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Nets Extends Partnership With Estonia’s LHV Bank, Adds Issuing Services in the UK

Nets, a payment services provider based in Denmark, has extended their long-term partnership with Estonia’s LHV Bank, while adding new issuing services for the latter’s British subsidiary, LHV UK Limited. ​The extended partnership will see Nets continue to deliver full

Read More Acquires Estonian Identity Verification Firm GetID for EUR 8.1 Million

Stockholm-based Group announced that it has acquired GetID, an Estonian identity verification software provider, for EUR 8.1 million. Completion of the transaction is expected to take place during August 2021. provides a software that combines multiple UX-systems, data

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