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

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

    Fintechnews BalticSeptember 7, 2021

    EstateGuru, an Estonian marketplace for short-term, property-backed loans, announced the successful closure of its €5.8 million Series A funding round,…

    Nordics Sweden

    IKEA Operator Snaps up Minority Stake in BNPL Firm Jifiti for US$22.5 Million

    Fintechnews BalticSeptember 3, 2021

    Ingka Investments, the investment arm of Ingka Group which owns and operates IKEA stores, has invested US$22.5 million in US-based…

    Digital Identity Firm Signicat Acquires Lithuania’s Dokobit for Eastern Europe Push
    Lithuania Norway

    Digital Identity Firm Signicat Acquires Lithuania’s Dokobit for Eastern Europe Push

    Fintechnews BalticSeptember 2, 2021

    Norwegian digital identity company Signicat has acquired Dokobit, a Lithuanian electronic authentication solutions provider with a presence in Estonia, Latvia…

    Estonia Grants First Insurance Broker License to e-Resident Herrmann, Huebner & Partner
    Estonia

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

    Fintechnews BalticAugust 24, 2021

    The Estonian Financial Supervision Authority (Finantsinspektsioon) has officially granted an insurance broker license to Herrmann, Huebner & Partner to set…

    Nordics Sweden

    Swedish Fintech Invoier Bags EUR 4.1 Million From the European Union

    Fintechnews BalticAugust 23, 2021

    Stockholm-based fintech company Invoier, who has built and established a marketplace for fair and transparent trading of invoices, has secured…

    Danish Neobank kompasbank Selects Mambu To Roll Out SME Lending
    Denmark Nordics

    Danish Neobank kompasbank Selects Mambu To Roll Out SME Lending

    Fintechnews BalticAugust 20, 2021

    Newly-established Danish small and medium-sized enterprise (SME) bank kompasbank announced their go-live on Mambu’s Software-as-a-Service (SaaS) banking platform. On Mambu’s…

    Denmark Estonia

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

    Fintechnews BalticAugust 13, 2021

    Nets, a payment services provider based in Denmark, has extended their long-term partnership with Estonia’s LHV Bank, while adding new…

    Checkin.com Acquires Estonian Identity Verification Firm GetID for EUR 8.1 Million
    Estonia Sweden

    Checkin.com Acquires Estonian Identity Verification Firm GetID for EUR 8.1 Million

    Fintechnews BalticAugust 5, 2021

    Stockholm-based Checkin.com Group announced that it has acquired GetID, an Estonian identity verification software provider, for EUR 8.1 million. Completion…

    Voyager Digital Snaps Up Crypto Payments Firm Coinify for US$84 Million
    Denmark Nordics

    Voyager Digital Snaps Up Crypto Payments Firm Coinify for US$84 Million

    Fintechnews BalticAugust 3, 2021

    Voyager Digital, a publicly-traded cryptocurrency platform in the United States, announced the acquisition of Denmark-based cryptocurrency payment platform Coinify. According…

    Estonian Ride Hailing App Bolt Bags €600 Million Led by Sequoia
    Estonia

    Estonian Ride Hailing App Bolt Bags €600 Million Led by Sequoia

    Fintechnews BalticAugust 3, 2021

    Estonian ride hailing app Bolt announced that it has closed a €600 million funding round, increasing its valuation to more…

    London Fintech Curve Appoints CEO and Head of Lithuania To Drive Growth in Europe
    Lithuania

    London Fintech Curve Appoints CEO and Head of Lithuania To Drive Growth in Europe

    Fintechnews BalticAugust 2, 2021

    Curve, a London-based fintech that allows consumers to store their payment cards in a single location, announced the appointment of…

    Euro
    Estonia

    Estonian Central Bank Talks About Digital Euro Experiment Results

    Fintechnews BalticJuly 28, 2021

    Eesti Pank (EP), the central bank of Estonia, carried out a research project to assess one possible technical solution for…

    In Europe, Nordic Countries Have the Most Advanced Open Banking Ecosystems
    Denmark Nordics Norway Sweden

    In Europe, Nordic Countries Have the Most Advanced Open Banking Ecosystems

    Fintechnews BalticJuly 28, 2021

    In Europe, the Nordic countries of Sweden, Denmark and Norway have the most advanced open banking ecosystems. Trailblazing regional regulatory…

    PayQin App
    Estonia

    Estonian Startup Payqin Closes €300K Seed Round To Grow Its E-Wallet Service in Africa

    Fintechnews BalticJuly 27, 2021

    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…

    Paysera
    Lithuania

    Lithuania’s Paysera Gets Green Light to Operate in Ukraine

    Fintechnews BalticJuly 22, 2021

    The National Bank of Ukraine has given the green signal to Lithuania-based fintech startup Paysera to operate in the country.…

    Bank of Lithuania Warns Binance for Unlicensed Services, Misleading the Public
    Lithuania

    Bank of Lithuania Warns Binance for Unlicensed Services, Misleading the Public

    Fintechnews BalticJuly 19, 2021

    The Bank of Lithuania has warned a virtual currency exchange operator Binance about its unlicensed investment services provided in Lithuania…

    Danish Neobank Lunar Scores EUR 210 Million in Series D Joined by Tencent
    Denmark Nordics

    Danish Neobank Lunar Scores EUR 210 Million in Series D Joined by Tencent

    Fintechnews BalticJuly 13, 2021

    Nordic challenger bank Lunar announced a EUR 210 million series D funding round led by family-owned investment company HEARTLAND. Other…

    Swedish E-Commerce Banking Platform Juni Raises US$21.5 Million
    Nordics Sweden

    Swedish E-Commerce Banking Platform Juni Raises US$21.5 Million

    Fintechnews BalticJuly 12, 2021

    Juni, a Swedish-based banking platform for e-commerce and online marketing companies, has raised US$21.5 million in Series A financing. The…

    Pleo Becomes the Latest Danish Fintech Unicorn With US$150 Million Fundraise
    Denmark Nordics

    Pleo Becomes the Latest Danish Fintech Unicorn With US$150 Million Fundraise

    Fintechnews BalticJuly 8, 2021

    Danish fintech Pleo announced that it has raised US$150 million in a Series C funding round to become a unicorn…

    Sweden's StockRepublic Raises EUR 2 Million, Forms Partnership With Commerzbank
    Norway Sweden

    Sweden’s StockRepublic Raises EUR 2 Million, Partners With Commerzbank

    Fintechnews BalticJuly 7, 2021

    StockRepublic, a Swedish social trading platform for retail investors, announced that it has secured EUR 2 million. The investment round…

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