Tag: Lithuania

Lithuanian FinTech Softloans secures €1m to enhance SME lending capabilities

Softloans, a promising FinTech startup based in Vilnius, has successfully raised €1m in a pre-seed funding round.

Baltic FinTech deal activity drops 45% in 2023 even with government...

Key Baltic FinTech investment stats in 2023 • Baltic FinTech investment totalled at $212m in 2023, a 67% drop YoY • Baltic FinTech deal activity reached...

Lithuania’s Cyber Upgrade raises €650k to strengthen SME cybersecurity solutions

Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for small and medium-sized enterprises (SMEs) and FinTech companies.

HeavyFinance secures €50m to revolutionise European agricultural lending

HeavyFinance, a prominent player in the climate tech investment sector, has successfully channelled a substantial €50m into agricultural loans throughout Europe.

Lithuanian FinTech PAYSTRAX launches in UK

Lithuanian FinTech PAYSTRAX has launched in the UK having received its Payment Institution License from the Financial Conduct Authority (FCA). 

Baltic FinTech deal activity more than halves in Q1-Q3 2023 YoY

• Baltic FinTech companies raised a combined $177m in Q1-Q3 2023, a 71% reduction from the same period in 2022. • Baltic FinTech deal activity...

Finnish FinTech Saldo ventures into banking with high-interest savings account

Finnish FinTech company Saldo, a provider of loans to consumers and SMEs, is now poised to enter the banking services arena in Finland.

HeavyFinance generates 250,000 carbon credits to combat European CO2 in 2024

HeavyFinance, the renowned European climate tech platform focused on agriculture, has announced a bold commitment: generating a staggering 250,000 carbon credits within the UK and European domains by 2024. This positions them prominently as one of the most significant producers of carbon credits.

Lithuanian RegTech Amlyze garners $1m pre-seed investment

Amlyze, a RegTech startup based out of Vilnius, has scored $1m in a pre-seed investemtn rounded headed by Practica Capital.

Lithuania-based SME Finance receives €100m credit facility

Lithuania-based SME Finance, a lender to small businesses, has reportedly secured €100m in a credit facility from Fasanara Capital.

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