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    Fintech in Baltic

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    Lithuania

    Revocation of Bruc Bond, UAB Payment Licence for Serious Violations of National Legislation

    Company AnnouncementApril 22, 2020

    The Board of the Bank of Lithuania has revoked the payment institution licence held by Bruc Bond, UAB (formerly UAB…

    Revolut Transferring Business Customers to Lithuanian Entity
    Lithuania

    Revolut Transferring Business Customers to Lithuanian Entity

    Fintechnews BalticApril 10, 2020

    You might have seen some updates from Revolut about account migration to their new European license. Revolut’s intention is to…

    Fintech, Life Sciences, Lasers - How Lithuania Got Good at Tech
    Lithuania

    30 Years of Lithuanian independence- How Lithuania Got Good at (Fin)Tech

    Fintechnews BalticApril 9, 2020

    The fall of the Soviet Union brought about more than a dozen sovereign nations, each taking a distinct path from…

    European Commission Supports the Global Hack, a Global Tech Movement to Combat the Coronavirus
    Estonia

    European Commission Supports the Global Hack, a Global Tech Movement to Combat the Coronavirus

    Fintechnews BalticApril 8, 2020

    The European Commission has announced it is supporting the upcoming Global Hack, an online hackathon organised by the world’s tech…

    Call-Out To Estonian Startups Looking To Raise €250K Or More
    Estonia

    Estonian Startup Help: Raise €250K Or More

    Company AnnouncementApril 3, 2020

    The emergency situation, remote working, the aim of avoiding physical contacts are making companies to adapt their products and services…

    Lithuania

    Mambu is Opening its Prime Engineering Centre in Lithuania

    Company AnnouncementApril 2, 2020

    Mambu, an innovative cloud platform for banks, Fintechs and financial service providers, is establishing an engineering centre in Lithuania. The…

    Baltic Top Picks

    8 Baltic Fintech Startups to Watch in 2020

    Fintechnews BalticMarch 25, 2020

    The fintech sector in the Baltic states is rapidly growing on the back of proactive governments that have set sights…

    Coronavirus- Wisefund Offers Funding Relief To European Based Businesses
    Estonia

    Coronavirus: Wisefund Offers Funding Relief To European Based Businesses

    Company AnnouncementMarch 24, 2020

    As the global Covad-19 Coronavirus Pandemic starts its streak across Europe, businesses both large and small are bracing for the…

    Solidarity Flourishes in Vilnius, Lithuania in Midst of Global Pandemic: Organized Volunteers and Businesses Unite to Support Doctors, Seniors & Others in Need
    Lithuania

    Strong Together; Drones, Corona-Online-Hackathons and other Activities During Vilnius Lockdown

    Fintechnews BalticMarch 23, 2020

    Because of the coronavirus pandemic, Lithuanian government has imposed quarantine – and people in the capital Vilnius reacted with solidarity…

    Xolo Launches Seamless Banking in Cooperation with Wirecard
    Estonia

    Xolo Launches Business Banking for e-Residents in Estonia

    Company AnnouncementMarch 4, 2020

    Xolo will offer all new customers of Xolo Leap a fully-licensed German bank account, available online through the platform. The banking…

    Estonian Real Estate Crowdfunding Aggregator Wins Fintech Battle Pitch Competition at TechChill
    Estonia

    Estonian Real Estate Crowdfunding Aggregator Wins Fintech Battle Pitch Competition at TechChill

    Company AnnouncementFebruary 25, 2020

    Leading startup and tech conference in the Baltics TechChill sets records and gathers over 2300 attendees from across the globe.…

    Sweden Set For Dramatic Growth In Digital Wealth Management
    Nordics

    Sweden Set For Dramatic Growth In Digital Wealth Management

    Fintechnews BalticFebruary 21, 2020

    Analysis of industry data by Nucoro reveals that 7% of people in work in Sweden earn over $90,000 a year…

    The Riksbank To Test Technical Solution For The e-Krona
    Nordics

    Sweden To Test Technical Solution For The e-Krona

    Fintechnews BalticFebruary 21, 2020

    The Riksbank is conducting a pilot project with Accenture aimed at developing a proposal for a technical solution for an…

    Lithuania

    Lithuania’s Fintech Landscape in 2019 and 2020 Startup Map

    Fintechnews BalticFebruary 18, 2020

    2019 was a key year for Lithuania’s fintech sector, with the number of companies in the sector rising to more…

    Estonia Fintech Startup Map 2020
    Estonia Top Picks

    Estonia Fintech Startups Map 2020- First ever Draft of the Fintech Scene in Estonia

    Fintechnews BalticFebruary 14, 2020

    Fintech is a rapidly emerging area of business in Estonia with now 78 companies, among which 18 in the blockchain,…

    Latvia Fintech Startup Map
    Latvia Top Picks

    First Ever Latvia Fintech Startup Map Draft Released

    Fintechnews BalticJanuary 27, 2020

    Like other Baltic nations, Latvia has witnessed the steady growth of a fintech scene. Today, the country is home to…

    Top 18 Upcoming Fintech Events in the Baltic and Nordic Region in 2020
    Baltic Nordics

    Top 18 Upcoming Fintech Events in the Baltic and Nordic Region in 2020

    Fintechnews BalticJanuary 17, 2020

    The fintech landscape in the Nordic and Baltic regions continues to be one of the most successful at producing unicorns…

    Bank of Lithuania Approved The Sample Of The World’s First Digital Collector Coin
    Lithuania

    Bank of Lithuania Approved The Sample Of The World’s First Digital Collector Coin

    Company AnnouncementJanuary 17, 2020

    The Board of the Bank of Lithuania has approved the sample of the physical version of the digital collector coin…

    Riksbank Develops an e-Krona in a Test Environment
    Nordics

    Riksbank Develops an e-Krona in a Test Environment

    Fintechnews BalticDecember 20, 2019

    The Riksbank has implemented a public procurement of a technology supplier to the e-krona pilot project and intends to sign…

    World’s First Digital Collector Coin to Feature Signatories of the Act of Independence
    Lithuania

    Lithuania Brings World’s First Blockchain Based Digital Collector Coin

    Company AnnouncementDecember 11, 2019

    The world‘s first blockchain-based digital collector coin created by the Bank of Lithuania is dedicated to the 16 February 1918…

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