News

Latvia’s fintech sector is undergoing a meaningful shift. From payments infrastructure and software services to crypto‑blockchain and lending mechanisms, the industry is expanding in size, sophistication and international footprint. The latest overview shows that the number of fintech companies in Latvia has grown, and key indicators such as revenue, profit and employment are all moving in the right direction. Payments and data/IT solutions account for nearly half of Latvia’s

Estonia’s startup landscape is shifting, less defined by explosive momentum and more by strategic maturity. Recent data shows that while investor activity and hiring levels have stabilised, turnover has surged, tax contributions have grown, and younger startups are stepping confidently into the spotlight. Rather than chasing hypergrowth, Estonia’s founders are focusing on structure, resilience and scalability. Younger companies are adding jobs, raising significant rounds, and

Latvia may share history, geography and even talent pools with Estonia and Lithuania, yet when it comes to generating startups it continues to lag behind. That gap isn’t just about numbers, it reflects structural and ecosystem‑level factors that shape how and how many ventures emerge. One major difference lies in funding flows. While Estonia and Lithuania have attracted larger early‑stage rounds and growing investor attention, Latvia’s venture capital ecosystem remains smalle