Estonian business stories around the world
The Estonian entrepreneur, Toivo Annus, one of the founding IT engineers behind the global telecommunication application, Skype, unexpectedly died on 12 July, his widow has announced. “I inform you with the utmost sadness that last weekend, on 12 July, our beloved husband, dad, entrepreneur and investor, Toivo Annus, succumbed to …
Skype cofounder Toivo Annus dies at the age of 48 Read More »
The Estonian parliament on 3 June adopted amendments to the current laws to create a digital nomad visa that would allow people to come to Estonia as a tourist and at the same time continue working for a foreign employer or as a freelancer independent of location; starting from 15 …
Estonian digital nomad visa finally starts to get implemented Read More »
Gratitude Services set out to modernise an old sector, then became the biggest cemetery services provider in Estonia. This is a paid content. They say the simplest ideas are often the best and the idea behind Gratitude Services is simple – to bring customers and service providers together for graveyard …
A debt of gratitude – an Estonian company revolutionises graveyard maintenance Read More »
The Estonian online identity verification startup, Veriff, has closed a financing round of USD15.5 million to bolster its global growth. Founded in 2015 by Kaarel Kotkas, Veriff’s technology makes sure a person is who they claim to be. Using artificial intelligence, the firm claims to analyse thousands of technological and …
Estonian online identity verification startup raises USD15.5 million in financing round Read More »
Pactum, an Estonian-founded AI-based platform that enables companies to automate personalised commercial negotiations, has announced the closing of a USD3 million seed financing round led by Berlin-based Project A, a venture capital fund focused on innovative startups, with investments by DocuSign and other previous investors. “We’re happy to announce this …
Estonian AI-based negotiation platform startup closes a USD3 million seed round Read More »
Estonia’s e-residency programme has since its launch earned the state €41 million – €31 million of which is direct tax revenue, the team behind the state-owned initiative announced. Businesses founded by Estonia’s e-residents have earned the state close to €31 million in tax revenue since the programme’s launch in December …
The e-residency programme has earned Estonia €31 million in tax revenues Read More »
Estonian-founded storyhacking platform Whatifi has launched with USD10 million in funding, led by Andreessen Horowitz; the company is providing a new way to watch movies on one’s phone with one’s friends. “Whatifi unlocks the ability to discuss, debate and decide what happens next in the movies you watch with friends …
Estonian storyhacking platform launches with USD10 million funding Read More »
Fortumo, the mobile payments services provider, founded in Tartu, Estonia, has been acquired by the London Stock Exchange-listed mobile payments platform, Boku. Fortumo was founded in Tartu in 2007 as a spin-off of the mobile services company, Mobi Solutions, by entrepreneurs Rain Rannu and Veljo Otsason. The company offers various …
Estonian mobile payments startup Fortumo sold to Boku for $41 million Read More »
The Estonian fintech startup, Planet42, that operates in Africa and focuses on providing access to mobility to the underbanked, has raised USD2.4 million in an investment round. The seed round was led by Change Ventures. Private backers include Martin Villig (Bolt), Ragnar Sass (Pipedrive), Marko Virkebau (MeetFrank), Kristjan Vilosius (Katana …
The Estonian-founded funding and trading platform, Funderbeam, has launched its Venture Index that allows investors to track price changes of tradable equity securities on the Funderbeam Marketplace and compare its correlation against other asset classes. The Funderbeam Venture Index is a price return index reflecting changes in the market price …
Estonian trading platform launches an equity price tracking platform Read More »