News

Earlier this month, Lithuania’s most significant startup event drew together founders, investors, and ecosystem builders from across Europe and beyond. The event featured a vibrant community of innovation and culminated in a standout pitch competition where seven startups were selected to negotiate potential investments totaling €17.3 million. The day included over 25 sessions covering global innovation trends, AI adoption, communications strategy for startups, and competing

Estonian‑based marketplace Yaga has secured a €4 million pre‑Series A round to further scale its second‑hand fashion platform and expand into emerging markets. The company will use the funding to deepen its presence in the Middle East and North Africa, grow its team, and strengthen its operations in existing markets. Yaga’s model centers on enabling users to buy and sell pre‑loved fashion, leveraging user‑friendly logistics, escrow‑based payments, and an efficient catalogue o

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