Independent tech reporting for the Baltic states
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11 articles on the founders, capital and policy shaping Estonia, Latvia and Lithuania.
Three Latvian citizens have been extradited and remanded over the August fire at a Tallinn building used by the defence manufacturer. The Internal Security Service questioned them, and the prosecutor says the charge may change.
The Tallinn company charges 3.9 per cent plus 40 US cents a sale and takes on the tax filing itself. Its home page says it covers 190 countries of tax, and its pricing page says 50.
The Tallinn company now combines open banking data from Yapily with credit bureau files from more than 20 countries. From 20 November, EU lenders have to justify turning away an applicant because of where they live.
Estonia's page lists 1,183 startups, Lithuania's 792 and Latvia's 260. We used all three to expand our directory by 35 companies, and came away with as many questions about the ranking method as about the region.
The state fee to apply is €150 and the company registration is €265, which together look like the whole bill. They are not. Adding the mandatory address service, the bank account and the licence question changes the answer.
A Riga company has expanded its deal with Visa to roll out biometric payments across Europe, starting with Estonia, Latvia and Lithuania, and expects to move from pilots to production this year. The technology is the easy part.
European founders warned this week that the proposed EU company statute could be diluted into something nobody uses. For three small countries that already treat the single market as their home market, the outcome matters more than it does almost anywhere else.
A KPMG analysis of 2025 funding shows where the money actually went, and why the region's advantage is narrower and more specific than its reputation suggests.
Deal after deal has closed this year, and next week's NORDEEP summit gives dual-use security its own track. The bottleneck is no longer capital. It is procurement.
Bolt took five years to reach a billion-dollar valuation and seven more to post a profit. That gap is the most useful thing the region's biggest outcome can teach founders.
PSD2 took effect in September 2019 and promised a wave of consumer products. Seven years on, the value went to the plumbing, and Brazil shows why.