Fintech in Baltic

AI is rapidly transforming customer service in banking, but not in the way many institutions initially expected. For years, banks approached AI primarily as a chatbot initiative. Yet many of these projects under-delivered, frustrated customers, and failed to create meaningful operational value. Today, a new generation of AI solutions is emerging: one that goes far beyond simp...

Lithuanian fintech startups are emerging as prime acquisition targets for major international industry players. According to Deimantė Žemgulytė, a Senior Investment Advisor at Invest Lithuania, this surge in mergers and acquisitions (M&A) activity reflects confidence in Lithuania’s regulatory environment, and an appeal for its expansive talent pool.

In a new blog p...

Estonia is leading a pioneering effort to train students to use artificial intelligence (AI), with approximately half of the country’s 20,000 upper secondary students now using a new educational platform developed in partnership with OpenAI, Kristina Kallas, Estonia’s Education and Research Minister,

Lithuania’s fintech industry is contracting significantly this year, reaching a five-year low, according to new data released by Rockit, a fintech hub and startup program organizer.

Currently, Lithuania hosts 248 active companies, down 12% from an all-ti...

Estonia’s Digital Agenda 2030, adopted in 2021, details the country’s action plan to develop the domestic economy, state, and society through digital technology.

The plan shares a “digital society program” that’s created for four years and which is renewed annually, providing a full overview of the activities and measures required to achieve its objectives.

The ...