---
title: "Browser maker Opera acquires Estonian fintech startup Pocosys"
id: "44171"
type: "post"
slug: "browser-maker-opera-acquires-estonian-fintech-startup-pocosys"
published_at: "2020-01-29T00:41:04+00:00"
modified_at: "2020-01-29T00:41:08+00:00"
url: "https://estonianworld.com/business/browser-maker-opera-acquires-estonian-fintech-startup-pocosys/"
markdown_url: "https://estonianworld.com/business/browser-maker-opera-acquires-estonian-fintech-startup-pocosys.md"
excerpt: "The internet browser maker, Opera, has acquired the Estonian fintech startup, Pocosys, that provides banking technology to other fintech companies. In addition to Pocosys, Opera […]"
taxonomy_category:
  - "Business"
publisher: "Estonian World"
language: "en-GB"
author: "Sten Hankewitz"
author_url: "https://estonianworld.com/author/stenhankewitz/"
---

# Browser maker Opera acquires Estonian fintech startup Pocosys

![Image](https://estonianworld.com/wp-content/uploads/2020/01/opera-and-pocosys-1024x576.png)

By  [Sten Hankewitz](https://estonianworld.com/author/stenhankewitz/)
  ·  January 29, 2020  · [Business](https://estonianworld.com/category/business/)
 · 1 minute of reading

### The internet browser maker, Opera, has acquired the Estonian fintech startup, Pocosys, that provides banking technology to other fintech companies.

In addition to Pocosys, Opera also entered into the agreement to take over Pocopay, a sister company of Pocosys that provides financial services in the European Union.

With these acquisitions, Tallinn will become Opera’s second European hub for fintech services, following Gothenburg, Sweden.

“The way we use financial services is starting to change rapidly,” Krystian Kolondra of Opera said in a statement. “We see a lot of potential for better and easier services. Needless to say, we are excited about our future fintech plans associated with Pocosys and our existing brand.”

“Estonia is a great place to attract talent for any European fintech efforts,” Indrek Neivelt, the founder of Pocosys, added. “The country is among the most digitised countries in the world and is a thriving centre for fintech startups.”

Founded in 2015, Pocosys provides banking technologies to fintech companies. It has previously licensed its financial software to companies in Japan, Ghana and the UK. In 2019, Pocosys was named among the top three IT software companies in Estonia by the Estonian business newspaper, Äripäev.

Opera is an internet brand with over 350 million average monthly active users.

The cover image courtesy of Opera.

## About The Author

![Avatar photo](https://estonianworld.com/wp-content/uploads/local-avatars/15/1707599474-bpfull-100x100.jpg)

[Sten Hankewitz](https://estonianworld.com/author/stenhankewitz/)
Sten Hankewitz is a lifelong journalist and the Executive Editor at Estonian World. Having lived in Estonia, Spain, the UK and all around the US, he now resides in the White Mountains of New Hampshire. He loves to write and besides working at Estonian World, he [writes books](https://estonianworld.com/culture/the-grand-illusion-estonian-worlds-sten-hankewitz-publishes-a-novel-about-growing-up-in-the-soviet-union/)
 and contributes to other outlets. He has strong convictions and shows them unashamedly. You can follow Sten on [Threads](https://www.threads.net/@stenhankewitz)
, [X](https://twitter.com/stenhankewitz)
 and [Facebook](https://www.facebook.com/shankewitz/)
. You can also [email him](mailto:sten@estonianworld.com)
.