-
An Estonian logistics startup has raised over EUR 3 million for strategic growth
We advised the Estonian digital freight forwarding platform MyDello on securing a strategic investment agreement worth EUR 3.1 million. The round was led by the Icelandic fund Frumtak Ventures, and other participants included Finnish early investor Superhero Capital. The new investment will be a powerful catalyst for two key initiatives. MyDello will continue with product […]
-
Latvia’s fintech licensing ecosystem gains momentum
“We see a strong word-of-mouth effect — founders, especially international ones, who have had a positive licensing experience in Latvia are recommending it to their peers. How many of these enquiries will convert into actual licensing cases remains to be seen, but the ecosystem has clear momentum, and the community is growing,” said Ramona Miglāne, […]
-
Nuvei Liquidity, part of Nuvei group, granted MiCAR and payment institution licences in Lithuania
The Nuvei Group company Nuvei Liquidity, part of the global leader in payment solutions, has been granted two strategic financial market licences in Lithuania – a crypto-asset service provider licence under the EU Markets in Crypto-Assets Regulation (MiCAR) and a payment institution licence for services related to electronic money tokens (EMTs). This marks one of […]
-
Baltic M&A market overview 2025: solid overall performance with headline deals by foreign investors
Based on preliminary data as of 10 December, in 2025 the Baltic M&A market slowed down a bit by deal count (-19% compared to the same period of 2024), but has already surpassed the full-year level of 2023, by 16%. This year’s impressive leap in the total announced deal value (+47%, nearly reaching the record […]
-
Second MiCA licence issued in Latvia in a single week goes to Nexdesk
Another Sorainen client, Nexdesk, has secured a licence to provide crypto-asset services under the MiCA (Markets in Crypto-Assets) Regulation. This is the third licence issued in the Baltics so far, and among the first in Northern/Eastern Europe. About Nexdesk Nexdesk is a sister company of Nexpay, an electronic money institution based in Lithuania; however, its […]