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How this shy country wants to become the Silicon Valley of the Baltics

The Next Web

In recent years we’ve been continually impressed with the small Baltic country of Estonia, which has been a frontrunner in many areas within digital solutions and tech innovation, such as e-residency, digital policies, and national cryptocurrencies. What’s going on in Latvia?

Latvia 148
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500 Startups unveils its Fall 2012 accelerator lineup: More international and more sh*t founders say

The Next Web

Startups in this class come from far and away, including Argentina, Austria, Australia, Brazil, Croatia, Denmark, India, Japan, Italy, Latvia & Estonia, Spain, and Taiwan. Instamojo: marketplace to sell your digital creations with just one click. Chewse: marketplace for groups to easily order great food. Iconfinder: site for icons.

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Financial comparison “super app” Jeff raises $1.5M seed extension

TechCrunch

Part of the funding will be used to increase Jeff’s team from about 15 people now to more than 40 employees for its offices in Latvia and Southeast Asia. Before launching Jeff, Niparts was CEO of Spain for Digital Finance International, a fintech company that is part of the Finstar Financial Group.

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Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia

TechCrunch

The funding will be used to enter other Southeast Asian markets, including Indonesia and the Philippines, and introduce new products, like free credit score and insurance offers, digital discount coupons and mobile wallet cashbacks. Jeff currently claims more than 300,000 users in Vietnam.

Asia 102
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With over 1.3 million users, Nigerian-based fintech FairMoney wants to replicate growth in India

TechCrunch

But compared with traditional banks, it was the seventh-largest digital financial services provider in that area. Nigerian digital bank Carbon hit $240M in payments processed last year, up 89% from 2019. But its broader vision is not to be just a digital bank but also a commercial bank. FairMoney is on a similar path, as well.

India 106
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France’s strategy for EU startup policies: Talent and money

TechCrunch

In an interview with TechCrunch, France’s digital minister Cédric O shared some news for the European tech ecosystem. According to Cédric O, digital transformation is going to profoundly affect the economy in Europe — just like it strongly reshaped the American economy ten years ago. “We But first, let me rewind just a little bit.

Policy 86
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‘Deepfake’ that supposedly fooled European politicians was just a look-alike, say pranksters

The Verge

Parliamentarians from the UK, Latvia, Lithuania, and Estonia had all arranged video calls with a hoaxer claiming to be Leonid Volkov, chief of staff to imprisoned Russian anti-Putin politician Alexei Navalny. They did so by cold-calling and emailing their targets from fake addresses, using a real picture of Volkov as their digital avatar.