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Fintech in Baltic

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Latvia’s Central Bank Opens Payment System to Non-Bank Providers
Latvia

Latvia’s Central Bank Opens Payment System to Non-Bank Providers

Fintechnews BalticApril 11, 2025

xpate, an electronic money institution licensed in Latvia, has become the first non-bank payment service provider to join the Electronic…

Revolut Fined €3.5 Million by Lithuanian Central Bank Over AML Failings
Lithuania

Revolut Fined €3.5 Million by Lithuanian Central Bank Over AML Failings

Fintechnews BalticApril 10, 2025

Lithuania’s central bank has imposed a fine of €3.5 million on Revolut over failings in its anti-money laundering controls. The…

The Winners of the 2025 Baltic Fintech Awards
Various

The Winners of the 2025 Baltic Fintech Awards

Fintechnews BalticApril 10, 2025

The Baltic Fintech Awards 2025 took place during the Baltic Fintech Days 2025 on April 2 and 3, where industry…

iDenfy Partners with Austria's Reppublika to Tackle Fraud in Market Research
Lithuania

iDenfy Partners with Austria’s Reppublika to Tackle Fraud in Market Research

Fintechnews BalticApril 8, 2025

iDenfy, a Lithuania-based fraud prevention and identity verification company, has announced a partnership with Reppublika Data Analytics & Technologies, a…

Lithuania's Fintech Sector Set for Growth in 2024-2025
Lithuania

Lithuania’s Fintech Sector Set for Growth in 2024-2025

Fintechnews BalticApril 4, 2025

Invest Lithuania has published its Fintech Report for 2024-2025, offering an in-depth examination of the current state of the fintech…

Major Foreign Fintech Company Set to Launch in Lithuania
Lithuania

Major Foreign Fintech Company Set to Launch in Lithuania

Fintechnews BalticApril 1, 2025

A major foreign fintech company is set to launch operations in Lithuania, according to Simonas Krėpšta, a board member of…

Baltic Angel Networks to Invest €500,000 in Latitude59 Winner
Estonia Latvia Lithuania

Baltic Angel Networks to Invest €500,000 in Latitude59 Winner

Fintechnews BalticApril 1, 2025

For the first time, Estonia’s EstBAN, Latvia’s LatBAN, and Lithuania’s LitBAN will jointly invest up to €500,000 in the winner…

Foreign Interest in Lithuania’s Financial Market Stays Strong Despite Fewer Enquiries
Lithuania

Foreign Interest in Lithuania’s Financial Market Stays Strong Despite Fewer Enquiries

Fintechnews BalticMarch 12, 2025

Lithuania continues to attract foreign companies eager to explore opportunities in its financial market. According to data from the Bank…

Estonia's Cino Raises €3.5M to Expand into the UK
Estonia

Estonia’s Cino Raises €3.5M to Expand into the UK

Fintechnews BalticMarch 10, 2025

Tallinn-based fintech startup Cino has secured €3.5 million in a seed funding round led by London-based venture capital firm Balderton…

myTU Secures €10 Million Series A to Expand Digital Banking Services
Lithuania

Lithuanian myTU Secures €10 Million Series A to Expand Digital Banking Services

Fintechnews BalticMarch 5, 2025

myTU, a Lithuania-based digital bank that utilises AI and cloud-based infrastructure, has secured €10 million in a Series A funding…

Sweden’s Clar Acquires Estonia’s Fiizy to Expand Digital Brokerage
Estonia Nordics

Sweden’s Clar Acquires Estonia’s Fiizy to Expand Digital Brokerage

Fintechnews BalticMarch 3, 2025

Clar, a global digital brokerage firm based in Sweden, has acquired Fiizy, an Estonia-based fintech platform specialising in real-time financial…

Lietuvos Bankas Warns of MiCA Restrictions for Crypto Firms
Lithuania

Central Bank of Lithuania Warns of MiCA Restrictions for Crypto Firms

Fintechnews BalticFebruary 27, 2025

Lietuvos Bankas, the central bank of Lithuania and the financial supervisory authority, in a statement on February 25 reminded crypto-asset…

Fintech Funding Rebounds in Lithuania
Lithuania

Fintech Funding Rebounds in Lithuania

Fintechnews BalticFebruary 12, 2025

In 2024, fintech became the most funded startup sector in Lithuania, reclaiming its leadership after an underwhelming year 2023, new…

TransferGo Launches Multi-Currency Business Account
Lithuania

TransferGo Launches Multi-Currency Business Account

Fintechnews BalticFebruary 5, 2025

TransferGo, a fintech company originally founded in Lithuania and now headquartered in London, has introduced a multi-currency business account for…

Top 11 Fintech Events in the Baltics and the Nordics in H1 2025
Baltic Nordics

Top 11 Fintech Events in the Baltics and the Nordics in H1 2025

Fintechnews BalticJanuary 31, 2025

The Baltic and the Nordic regions have emerged as key hubs for fintech innovation, driven by strong tech ecosystems, supportive…

Estonian Startup Awards Recognise Innovation and Growth Across Key Sectors
Estonia

The Winners of the Estonian Startup Awards 2024

Fintechnews BalticJanuary 27, 2025

The Estonian Startup Awards recognised the country’s top startups, founders, and investors across 11 categories. Startups now contribute nearly 4%…

Contiant Among the First to Adopt Genome’s Real-Time Payment Notifications
Lithuania

Contiant Among the First to Adopt Genome’s Real-Time Payment Notifications

Company AnnouncementJanuary 21, 2025

Genome (UAB Maneuver LT) has launched real-time notifications for incoming payments via API using webhooks. The service is used to…

Ebury to Acquire ArcaPay to Expand Presence in the Baltics
Lithuania

Ebury to Acquire ArcaPay to Expand Presence in the Baltics

Fintechnews BalticJanuary 21, 2025

Ebury, a UK-based company, specialising in international trade solutions for SMEs, has announced its agreement to acquire Lithuania-based ArcaPay, a…

Estonian Startup Ecosystem Stability Amidst Challenges and a Promising Future for 2025
Estonia

Estonian Startup Ecosystem: Stability Amidst Challenges and a Promising Future for 2025

Fintechnews BalticJanuary 15, 2025

Estonian funds have grown significantly, now managing around a billion euros for new investments, with many expanding internationally. A panel…

Fintech in Lithuania in 2024
Lithuania

Fintech in Lithuania in 2024: Foxpay Collapses, Kevin Declares Bankruptcy, AML Compliance Remains a Challenge

Fintechnews BalticJanuary 6, 2025

2024 was a challenging year for Lithuania’s fintech landscape, marked by high-profile scandals, regulatory scrutiny and significant market shifts. Jekaterina…

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