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Solaris to “discontinue major parts” of EMI business

Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its Electronic Money Institution (EMI) business,...

Payments infrastructure start-up Kevin reportedly declared insolvent by court in Lithuania

The Vilnius District Court in Lithuania has declared the payments infrastructure start-up Kevin insolvent. A bankruptcy case has been opened, with IS Group...

Saldo Bank taps Enfuce to launch its first payment card programme

Partnership: Saldo Bank, based in Vilnius, Lithuania, has partnered with Enfuce, a Finnish issuer processor, to launch its first payment card programme. Card...

ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more

ICYMI Funding Round-Up Summary: Cardea Corporate Holdings: Secured $15 million in convertible note financing. Funds will be used for strategic acquisitions and tech infrastructure...

Lithuania’s Finbee Verslui lands €35m investment from Pollen Street Capital

Key Points: Investment Details: Finbee Verslui has secured a €35 million investment from UK private capital asset manager Pollen Street Capital. Headquartered in Vilnius,...

FreeBnk partners E Money Network to issue blockchain-based IBANs

FreeBnk Partners with E Money Network: Key Points Partnership Overview: UK-based fintech FreeBnk collaborates with E Money Network, a MiCA-compliant blockchain, to issue international...

ICYMI fintech funding round-up: Mimo, TransferGo, Smartpay, Adro and more

Mimo: Raised £15.5 million led by Northzone. Plans to expand its financial management platform for SMBs. Pactio: Secured $14 million in Series A...

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