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How the Baltics became a fintech powerhouse

Night scenic aerial panorama of modern business financial district architecture buildings with Neris river, and bridge in Vilnius, Lithuania.
Vilnius by night. Photo: Getty Images

Estonia, Latvia, and Lithuania are quickly becoming a home for some of the world’s most innovative fintech companies.

Over the last decade Estonia, Latvia, and Lithuania have developed financial technology (fintech) sectors that are serving millions of Europeans. Home to just over six million people – and around 670 fintech companies – these Baltic countries have transformed into emerging fintech hubs.

The financial sectors in the three countries are characterized by

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