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LPB Bank Transitions to Magnetiq Bank, Shifting Focus to Fintech and e-Commerce Industries
AS LPB Bank officially changed its legal name to AS Magnetiq Bank, while also introducing a new brand visual identity.
Read MoreA Team From Latvia Wins the International Fintech Hackathon Open Finhack
The international financial technology hackathon “Open FinHack” ended with the victory of the Latvian team “Frankey.” The competition was fierce—231
Read MoreTenity and Copenhagen Fintech Launch Pre-Seed Nordic and Baltic Fintech Startups Accelerator
Switzerland based Tenity in collaboration with Copenhagen Fintech announce the launch of the “New Nordic Challengers” program. This pre-seed fintech
Read MoreSwaps Enables Crypto Real Estate Transactions with Kurg&Korsten
Swaps, a company specializing in crypto-fiat payments, has announced a groundbreaking partnership with premier Estonian real estate agency Kurg&Korsten. This
Read MoreLatvia Is Preparing the First Unified Sales Pitch to Approach Web 3.0 Companies
The Ministry of Economics of Republic of Latvia and the Latvian Blockchain Association have started cooperation to prepare a joint
Read MoreTransferGo Raises US$10 Million to Fuel Asia Pacific Growth Plans
TransferGo, an online money transfer platform operating in over 160 countries, recently announced it has raised US$10 million from Taiwania
Read MoreIceland’s Established Banks Lead the Charge in Fintech Innovation
In Iceland, the financial landscape is witnessing a dynamic interplay between traditional lenders and innovative fintech companies. These partnerships are
Read MoreNew Fintech Lithuania Report and Map 2024
In Lithuania, the fintech ecosystem rose steadily last year, showing resilience and maturity in the face of the continued global
Read MoreThe Winners of the 2024 Lithuanian Fintech Awards
Rockit, a fintech hub and startup program organizer in Lithuania, has unveiled the recipients of the 2024 Lithuanian Fintech Awards,
Read MoreRedefining Resilience for Banks in the Digital Era With the Four Zeros
The banking industry stands at the brink of a major transformation, driven by rapid technological advancements and changing customer expectations
Read MoreCiti Ventures Invests in Core Banking Provider Tuum
Tuum, a London and Tallinn based core banking provider, announced that Citi Ventures, a venture capital arm of US-headquartered Citigroup,
Read MoreN26 Launches Instant Savings in the Baltics
German Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe.
Read MoreTenity to Invest in 4 Early-Stage Fintech Startups in Estonia and 2 From the Nordics
8 early-stage startups from 5 countries have been selected for the upcoming Tenity Incubation Program starting on March 4th, 2024,
Read MoreSweden’s Capitalbox Acquires Denmark’s Invoice Purchasing SME Specialist Omniveta
CapitalBox, the Stockholm based alternative financing specialist for small- and medium-sized enterprises (SMEs), announced its acquisition of Copenhagen-based Omniveta Finance.
Read MoreOpenfin Hack International Fintech Hackathon Opens for Applications
Leading financial institutions, Fintech companies, and Latvian and European financial industry associations opens application opportunities for the international Fintech hackathon
Read MoreLatvia’s Fintech Industry on the Rise, Driven by Growth in Blockchain, Digital Lending, Regtech
Latvia is home to a dynamic fintech industry that’s witnessing remarkable growth in the blockchain and digital lending sectors. Additionally,
Read MoreŠiaulių Bankas Selects Temenos to Modernize Core Banking in the Cloud
Temenos announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos
Read MoreNoda Partners to Lead Open Banking in the Baltic Gaming Sector
Noda, a leader in instant transaction facilitation, proudly announces its market expansion alongside Wargaming into the Baltic region, including Lithuania,
Read MoreFintech Funding in Lithuania Nosedives 97% YoY
In 2023, Lithuania fintech startups secured a mere EUR 7.2 million in venture capital (VC) funding, a figure which represents
Read More6 Lithuanian Fintech Startups to Watch in 2024
Over the past years, Lithuania has emerged as a significant player in the European fintech sector, an industry that has
Read MoreCore Banking Provider Tuum Grabs 25M EUR Series B Led by Commerzventures
Tuum, a Tallinn and London based core banking provider, announced that it has raised EUR25m, in a series B financing
Read MoreTransferGo Strengthens Leadership Team for Global Expansion
TransferGo, a global fintech creating a fairer world for millions of hard-working migrants, announced the addition of three professionals to
Read MoreFirst Fintech Board Members Academy to Be Launched in Latvia
Latvia is set to host the first “Fintech Board Members Academy” at the end of this month. This crafted, two-day,
Read MoreWhat Was 2023 Like for Lithuanian Fintech Companies and What to Expect in 2024?
With the world becoming increasingly digital each year, the role of fintech companies providing nextgen financial services has been growing.
Read MoreFintechs Will Get Access to Latvia’s Central Bank Retail Payment System
The Council of Latvijas Banka has approved an initiative that will enable non-bank payment service providers – payment and e-money
Read MoreLithuania New 2023-2028 Fintech Strategy Puts Emphasis on Quality
Lithuania’s new 2023-2028 fintech strategy is putting a focus on attracting fintech leaders and supporting the qualitative development of the
Read MoreLithuanian Regtech AMLyze Partners With Shufti Pro to Enhance AML Screening Service
Shufti Pro, an identity verification service provider announced its strategic partnership with Lithuanian based AMLYZE, a RegTech company specialising in
Read MoreSwedish Fintech Startups Feel the Funding Contraction
In Sweden, fintech companies are finding it more difficult to secure funding, noting that investors have adopted a more cautious
Read MoreiDenfy Joins Nomadrem to Facilitate a More Convenient Customer Onboarding Process
iDenfy, a global RegTech startup offering automated identity verification and fraud prevention tools, announced a partnership with NomadRem, a Lithuania-based
Read MoreFintech Baltic Top Articles
First Ever Latvia Fintech Startup Map Draft Released
Like other Baltic nations, Latvia has witnessed the steady growth of a fintech scene. Today, the country is home to
Read MoreEstonia Fintech Startups Map 2020- First ever Draft of the Fintech Scene in Estonia
Fintech is a rapidly emerging area of business in Estonia with now 78 companies, among which 18 in the blockchain,
Read More8 Baltic Fintech Startups to Watch in 2020
The fintech sector in the Baltic states is rapidly growing on the back of proactive governments that have set sights
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