The Baltic Region Boasts Tech Prowess

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With slightly more than six million residents across Estonia, Latvia and Lithuania combined, the fintech profile among Baltic states is on the rise. Consider some of the leading fintech players that were formed in the Baltics, such as Latvia’s P2P leaders Mintos, Twino and VIAINVEST or blockchain innovator BitFury , Estonia’s Transferwise and Lithuania’s PaySera – a money-transfer companies worth more than $1 billion now, or Skype, which is the product of Swedish and Estonian innovation, proving fintech plays are quite active in the Baltic region of the European Union. Continue reading The Baltic Region Boasts Tech Prowess

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London Takes Spotlight for VC-Backed Tech

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London mayor Sadiq Khan believes that the capital city could replace Silicon Valley as the go-to destination for tech startups based on venture capital (VC) momentum. Of the GBP 2,99 billion in VC funding that poured into UK-based tech plays in 2017, approximately 80%, or GBP 2,45 billion, was directed toward London-based tech companies, as per Pitchbook data gathered for London & Partners. Continue reading London Takes Spotlight for VC-Backed Tech

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Risks and Rewards of Cryptocurrency-Driven P2P Lending Platforms

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Bitcoin has taken the financial world by storm, and now it’s changing the face of the sharing economy, including peer-to-peer lending. Startups on the blockchain are increasingly taking the form of bitcoin-driven P2P lenders, while others, such as Fast Invest, which has been a traditional lender for the past few years, are expanding their business model to include cryptocurrencies. Continue reading Risks and Rewards of Cryptocurrency-Driven P2P Lending Platforms

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