Independent tech reporting for the Baltic states
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11 articles on the founders, capital and policy shaping Estonia, Latvia and Lithuania.
Showing 5 of 11 articles.
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.
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.
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.