Estonia
Estonian Central Bank Talks About Digital Euro Experiment Results
Eesti Pank (EP), the central bank of Estonia, carried out a research project to assess one possible technical solution for a digital euro along with the European Central Bank (ECB) and the central banks of Spain, Germany, Italy, Greece, Ireland,
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Estonian Startup Payqin Closes €300K Seed Round To Grow Its E-Wallet Service in Africa
Estonia-based cross-border payment startup PayQin has raised €300,000 in a seed funding round, pushing the startup’s total funding to US$1 million. Founded in 2017, PayQin operates a comprehensive e-wallet service in West Africa for the unbanked and underbanked population. Its
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Danish PFM Platform Spiir Released the Beta Version of Its App in the Baltics
Danish personal financial management (PFM) app Spiir announced that it has launched a beta version of its app in the Baltics ahead of their recent expansion into Estonia, Latvia and Lithuania. The team behind the app has made a special
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Checkout.com Acquires Estonian Software Development Firm Icefire
Checkout.com, a London-based cloud-based payments solutions provider, announces the acquisition of Estonian software development firm Icefire. The acquisition of Icefire and their 110 technology engineers will join Checkout.com’s global technology teams to accelerate the delivery of key products and features.
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EstateGuru Seeks up to €1 Million in Funds on Crowdfunding Platform Seedrs
EstateGuru, an Estonian marketplace for short-term, property-backed loans, announced a funding round on equity crowdfunding platform Seedrs up to the initial value of €1 million in order to fund its technology roadmap and expansion plans. The campaign launched in private
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Stripe Rolls Out Issuing Service in Baltics
U.S.-based fintech Stripe announced that it has launched its issuing services across 20 European countries. Stripe Issuing is now available in Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia,
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Estonia’s Veriff Raises US$69 Million to Grow Its ID Verification Firm
Veriff, an Estonian identity verification provider, announced that it has secured US$ 69 million in Series B financing in a round led by investment firms IVP and Accel. This latest investment brings Veriff‘s total secured funding to date to US$
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Estonia Digitised 99% of Its Public Services With the Aid of Blockchain
Estonia is emerging as a leader in e-government, embracing digital platforms and technologies to bring seamless and convenient e-services to citizens. Today, 99% of public services, including tax filings and public voting, are available digitally to Estonians, and these solutions
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Revolut Bank Launches Operations in Estonia
Revolut, a British fintech company offering banking services, announced that it has operationalised its European specialised banking license in Estonia. The specialised bank license allows Revolut Bank to provide limited banking services via its app along with an array of
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Baltic Banks Embrace Open Banking
In the Baltic region, banks are embracing open banking with most of the major ones giving third-party providers regulated access to account information through developer portals. Data from Latvian open banking startup Nordigen and Openbankingtracker.com suggest that at least 11
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