Last Thursday a closed club discussion was held, which was devoted to innovative financial technologies in traditional business areas. This time, the club participants were airBaltic Senior Vice-president in E-commerce, Marketing and Sales Jouni Oksanen, Maxima Head of Corporate Relations Ivars Svilāns, Printify representative James Berdigans, Rietumu Bank Senior Vice-president and Member of the Board Eugene Dugaev, as well as experts of the financial industry and startup environment representatives.
CBS Insights has published a review on investments in fintech companies around the world in Q2 2017. In total, venture capital has financed 251 transactions to the total amount of USD 5.2 billion. Experts assure - if such growth continues, at the end of the year there will be 19% more investment transactions, in comparison with 2016. In Europe, there have been 56 investment transactions in fintech companies and the total amount of transactions has exceeded USD 500 million.
Investors and European financial giants increasingly look more towards those startups that operate in the industry of financial technologies or fintech. ‘CB Insights’ risk capital information platform has summarized data about investments of the biggest European banks during the period of 2012 – 2017.
On 16 and 17 November, the largest e-commerce conference in the region of the Baltics, devoted to the e-commerce issue, Rietumu eCom21, and organized with the support of the Rietumu Bank, will be held in Hotel Radisson Blu Latvija, in Riga.