Hire · 03 Nov · —
Hannes Wadell has been appointed as the new CFO of Qliro, taking over from the interim CFO Christofer Zetterquist. He will officially join the company on November 3, 2026.
Launch · 01 Nov · —
International Fintech Business (IFB) is preparing to launch a mobile marketplace for financial companies available for acquisition, scheduled for 1 November 2026.
Launch · 08 Sep · —
Vipps has launched an AI assistant in its app to help users find and compare products before making purchases.
Hire · 08 Sep · —
Adrian Søbyskogen has been hired as the Marketing Lead at Convier, a startup focused on solutions for combating money laundering.
Launch · 07 Sep · EUR 5.0M
InRento entered the Finnish market with its first project, Noa Villas, which attracted 5 million euros, marking a significant expansion for the platform.
Launch · 03 Sep · —
Handwave has expanded its partnership with Visa to support the rollout of palm-based biometric payment solutions in Europe.
Launch · 03 Sep · —
Inventi has become the first Swift Business Connect provider in the Baltics, allowing it to embed Swift connectivity into its Payments Platform for financial institutions.
Hire · 03 Sep · —
Hannes Helenius has been appointed as the chairman of Coinmotion, a Finnish cryptocurrency service company.
Hire · 02 Sep · —
Sander Janca-Jensen has taken over as CEO of Flatpay, which is rapidly expanding and hiring 400 employees in September 2026.
Hire · 02 Sep · —
Antanas Aleksiejūnas has replaced Tadas Dapšys as the CEO of BankingLab Technologies.
Hire · 02 Sep · —
Björn Bryngelson, former Nordic Chief at Klarna, has joined the startup Froda as Commercial Chief.
Exit · 01 Sep · —
Alar Mitt, the founder of ALAR INVEST OÜ, has bought out his long-time business partners Jaan Tammor and Martin Vihmann.
Hire · 01 Sep · —
SEB has appointed Joosep Kadak as the head of corporate banking, replacing Peep Jalakas who moved to Tallink.
Exit · 31 Aug · —
Angella Invest is taken over by a group of ten female investors, marking a significant change in ownership and direction for the company.
Launch · 31 Aug · —
Azpire Capital is launching its first fund and making cryptocurrency more accessible for Danish investors.
Launch · 31 Aug · —
Finfly has secured a license as a financial agent company, enabling it to contribute to the financial growth opportunities of small and medium-sized enterprises.
Launch · 31 Aug · —
Tensor Estate is facilitating the establishment of an AI factory in Estonia, attracting new investors.
Exit · 28 Aug · —
Zondacrypto, a cryptocurrency company suspected of fraud, has gone bankrupt in Estonia.
Launch · 27 Aug · —
Aspora has chosen Lithuania as the base for its EU business, establishing its leadership and operations in Vilnius.
Launch · 27 Aug · —
Erika Eliasson Ekberger is launching a new startup under the 0TO9 platform, focusing on capital market issues and growth for SMEs in Europe.
Launch · 26 Aug · —
Fincharter has launched a technology solution aimed at automating the investment process for both amateur and professional investors, providing them with relevant information and analysis to aid their decision-making.
Hire · 25 Aug · —
Antanas Aleksiejūnas has replaced Tadas Dapšys as CEO of BankingLab Technologies.
Launch · 25 Aug · —
Vipps is launching a BankID card within its app, enhancing its functionality as a digital wallet in Norway.
Funding · 24 Aug · EUR 5.0M
Axiology secured 5 million euros in funding in the first half of 2026.
Launch · 20 Aug · —
FinoMark has expanded its service provider license to manage an advertisement board for clients to post intentions related to loan claims.
Launch · 20 Aug · —
Mobilepay is significantly updating its appearance and usability, rolling out a new version to users in phases.
Hire · 19 Aug · —
Thomas Brunner took over as CEO from Raiha Buchanan, one of the founders of Gigapay.
Launch · 19 Aug · —
Revolut is planning to open a branch in Finland to offer FI-prefixed account numbers and strengthen its local presence.
Exit · 14 Aug · —
The Lithuanian fintech startup 'Super How' is being liquidated.
Funding · 14 Aug · EUR 4K
Guardian Labs secured pre-seed funding of €4,000 to develop their phone fraud prevention technology.
Launch · 12 Aug · —
INDEXO announced plans to apply for the listing of its shares on the Nasdaq Stockholm exchange.
Launch · 10 Aug · —
Revolut is set to begin serving customers across Europe, starting with France, as part of its expansion strategy following the acquisition of a banking license.
Launch · 10 Aug · —
Revolut Bank S.A. has obtained a full banking license from the European Central Bank, allowing it to serve customers in Western Europe and expand its operations.
Funding · 10 Aug · —
Quartr is bringing in many new millions for its expansion with a new major shareholder.
Launch · 10 Aug · —
Iute Group has launched iuteMarket, an integrated shopping service within the Myiute app, allowing customers to discover, finance, and purchase products seamlessly.
Launch · 08 Aug · —
Paysera launched Checkout Modern, a new payment platform for merchants in Lithuania, Latvia, and Estonia, which allows free bank transfers.
Launch · 07 Aug · —
Nordiska has chosen Finastra's Swift Service Bureau to manage its global Swift connectivity and gain direct access to Sweden's central payment rails, including the Riksbank's RIX RTGS system, with plans for RIX INST instant payments integration next.
Launch · 06 Aug · —
Aspora is establishing its European Union operations center in Vilnius and will soon obtain an electronic money institution license in Lithuania.
Launch · 06 Aug · —
Inventi has joined the Swift Business Connect programme, becoming the first provider of its kind in the Baltic region, enabling banks and licensed financial institutions to access Swift connectivity through its Payments Platform.
Hire · 06 Aug · —
Aspora plans to hire up to 100 people in Vilnius over the next three years.
Launch · 05 Aug · —
Hayon expanded Renteradar to include unsecured loans and advisory services, indicating a strategic growth initiative.
Hire · 05 Aug · —
Hayon brought in three advisors to the Renteradar service, indicating a focus on expanding their offerings.
Launch · 04 Aug · EUR 5.0M
BeMyBond launched a bond program for the Gilesta Group housing project 'Miško Rivjera' in Vilnius, with a total issuance of 5 million euros.
Launch · 04 Aug · —
Perlas Finance is expanding its payment solutions, particularly the 'Perlas Pay' platform, across the Baltic States and Poland, with significant growth in transaction volumes and user adoption.
Launch · 30 Jul · —
Frode Riis Andersen is starting a new company called Råd & Rykte to help startups with communication tasks.
Hire · 24 Jul · —
Inbank has appointed a new Chief Technology Officer.
Exit · 24 Jul · —
The U.S. company Vance has acquired control of the Lithuanian electronic money institution Hokodo.
Exit · 22 Jul · —
Mors Software was acquired by the Swedish fund Monterro, which manages approximately €3 billion in assets.
Launch · 22 Jul · —
Mynt partners with Nordea to launch a pan-Nordic SME credit card and spend management platform.
Launch · 21 Jul · —
Horde app has launched an AI assistant to help users manage their personal finances more effectively.
Launch · 19 Jul · —
Wint has designed a service that allows you to get a ready-to-start company including a bank account, at no extra cost.
Launch · 08 Jul · —
Meniga has launched Fini, a financial intelligence layer for banking AI assistants, enabling personalized financial interactions.
Launch · 08 Jul · —
Nodu Digital SIA received two licenses from Latvijas Banka for crypto-asset services and payment institution operations.
Launch · 07 Jul · —
Mifundo partners with Biroul de Credit to enhance cross-border credit data access for European banks, improving assessments for Romanian customers.
Launch · 02 Jul · EUR 2.4M
Letsinvest launched its first project in Luxembourg, raising 2.4 million euros for the 'Heritage Residences' project.
Exit · 01 Jul · EUR 1.7B
Klarna won $1.97 billion in antitrust damages against Google.
Launch · 01 Jul · —
Eleving Group commenced operations in South Africa, opening its first branch in Cape Town, marking its expansion into the 18th market.
Funding · 01 Jul · EUR 177K
Bare Bitcoin conducted a capital raise of 2 million kroner at a valuation of 35 million kroner.
Exit · 30 Jun · —
Kriptomat has ceased providing all regulated services and is in the process of shutting down its platform, transitioning to a read-only phase.
Launch · 24 Jun · —
Pleo launched AI agents for finance departments to automate routine tasks and improve spend management.
Hire · 17 Jun · —
Qliro AB appointed Evelin Kaup as Deputy CEO effective 17 June 2026.
Launch · 11 Jun · —
Snöboll is an investment company launched by Nordic Angels' leaders, aiming to acquire tech portfolios and go public within 18 months.
Funding · 28 Apr · EUR 12.0M
Performativ raised EUR 12.0M in Series A, led by Deutsche Börse Group.
Funding · 16 Apr · EUR 3.6M
Danish Flare secures €3.6 million pre-seed to build trust layer for the AI internet
Funding · 01 Apr · EUR 10.0M
3TS Capital announced a €10 million investment in Wamo.
Funding · 04 Feb · EUR 5.0M
Axiology raised EUR 5.0M in seed.
Funding · 02 Feb · EUR 12.0M
Bits raised EUR 12.0M in Series A, led by Alstin Capital.
Funding · 19 Dec · EUR 1.2M
Nodu raised EUR 1.2M in pre-seed.
Funding · 16 Nov · EUR 145.0M
Flatpay raised EUR 145.0M in Series C.
Funding · 17 Oct · EUR 275.0M
Eleving Group issued a EUR 275 million senior secured 2025/2030 Eurobond carrying a 9.5% annual coupon, the largest bond issuance in the group's history. Proceeds refinanced the 2021 EUR 150 million bond and part of Mintos liabilities, and the notes listed on Nasdaq Riga and the Frankfurt Stock Exchange.
Exit · 14 Oct · —
Striga, acquisition by Lightspark.
Exit · 10 Sep · EUR 1.2B
Klarna, ipo for EUR 1233.0M.
Funding · 01 Sep · —
Veli raised an undisclosed amount in seed, led by Omorika Ventures.
Funding · 29 Aug · EUR 4.7M
Moxso raised EUR 4.7M in seed, led by Seed Capital.
Funding · 26 Aug · —
Creem raised an undisclosed amount in pre-seed, led by Practica Capital.
Funding · 21 Aug · EUR 1.5B
Klarna raised EUR 1467.0M in debt.
Funding · 01 Aug · EUR 3.6M
Handwave raised EUR 3.6M in seed, led by Practica Capital.
Funding · 24 Jul · EUR 20.7M
Lightyear raised EUR 20.7M in Series B.
Funding · 11 Jul · EUR 13.0M
Two raised EUR 13.0M in Series A.
Exit · 01 Jul · —
Billhop was acquired by American Ramp in July 2025, with the formal takeover occurring in February 2026.
Funding · 28 May · EUR 11.2M
Inven raised EUR 11.2M in Series A.
Funding · 11 Dec · EUR 22.0M
Mynt closed a EUR 22 million Series B round led by Vor Capital to fund UK and European expansion of its corporate spend management platform.
Exit · 18 Sep · —
Ridesum has filed for bankruptcy due to insufficient funds despite raising 43.5 million SEK and having a significant user base.
Funding · 16 Apr · EUR 45.0M
Flatpay raised a EUR 45M Series B led by Dawn Capital, with Seed Capital Denmark participating, to expand across Europe.
Funding · 08 Feb · EUR 2.0M
Axiology secured a EUR 2 million investment round co-led by Baltic Sandbox Ventures and Coinvest Capital to develop regulatory-compliant tokenised-securities infrastructure.
Funding · 01 Jan · —
SEB entered a strategic partnership with Kivra and became a minority shareholder in January 2024, ahead of the May 2026 exit already on record. The investment amount was not disclosed.
Funding · 09 Nov · EUR 5.5M
Performativ raised a EUR 5.5M seed round led by FinTech Collective, with all previous investors participating.
Funding · 01 Oct · EUR 4.9M
Optio raised 55 million NOK in a funding round among existing owners to finance acquisitions and commercial investments.
Hire · 03 Jul · —
Belinda Tabe has been appointed as the new head of Spectro Finance, replacing Tadas Dapšys.
Exit · 01 Jul · —
Aallon Group completed a business acquisition of the accounting firm Ab Memera Oy.
Funding · 26 Jun · EUR 15.0M
Flatpay raised a EUR 15M Series A led by Dawn Capital to expand its flat-rate point-of-sale offering.
Launch · 01 Jun · —
Sambla received its banking license and plans to expand its offerings in personal finance services.
Funding · 27 Apr · EUR 4.0M
Bits raised a EUR 4M seed round led by Unusual Ventures, with Fin Capital and existing investors participating.
Funding · 31 Mar · EUR 1.5M
Inven raised a EUR 1.5 million seed round led by Lifeline Ventures to grow its AI-powered M&A company-search platform.
Funding · 21 Mar · EUR 18.0M
Two raised a EUR 18M Series A co-led by Shine Capital and Antler to expand its B2B payments platform.
Funding · 08 Sep · EUR 1.0M
Bits raised a EUR 1M pre-seed round in fall 2022 with backing from investors including Cherry Ventures and Alliance Ventures.
Funding · 14 Jul · EUR 25.0M
Lightyear raised a USD 25M Series A led by Lightspeed Venture Partners to expand its European retail-investing platform.
Hire · 17 Jan · —
Ridesum has recruited Karl Svantemark as the new CEO, replacing founder Jenny Stråhle who is stepping down to focus on expansion.
Funding · 01 Jan · —
Almi Invest made its first investment in Cetti, then known as BudID, in 2022; the amount was not disclosed on Almi's portfolio page.
Funding · 15 Sep · EUR 7.2M
Lightyear raised a USD 8.5M seed round led by Mosaic Ventures to expand its commission-free European investing platform.
Funding · 30 Jun · EUR 2.2M
Estonian crypto exchange Kriptomat closed a EUR 2.2 million funding round led by Bulgaria's LAUNCHub Ventures, which also signed a strategic partnership agreement with the company. This predates the 2026 wind down already on file.
Funding · 03 Jun · EUR 1.2M
Lightyear raised EUR 1.2M in pre-seed funding led by Taavet Hinrikus and Sten Tamkivi, with Jaan Tallinn and other angel investors participating.