back Back

5 Estonian FinTechs impacting the world of digital payments

By Gloria Methri

May 22, 2023

  • Estonia
  • EveryPay
  • FinTechs
Share

Payment Technology, FinTechs, Estonia, Montonio, Tuum, Paytailor, Pocopay, EveryPay, Payments, Core Banking, Estonia, a small Baltic nation known for its digital advancements, has emerged as a hotbed for innovation in the realm of financial technology. With its advanced digital infrastructure, supportive regulatory environment, and tech-savvy population, Estonia has fostered the growth of numerous companies that are reshaping the way we make payments and manage our finances.

From global giants like Transferwise (Wise) to local innovators like Paytailor, Estonian start-ups are making waves in the international FinTech landscape.

Let’s look at 5 start-ups headquartered in Estonia that are impacting the world of digital payments.

Pocopay is an Estonian PayTech startup that offers a mobile banking app and payment solutions. It provides users with a digital wallet, payment cards, and the ability to send and receive money instantly. Pocopay aims to simplify personal finance management through its intuitive mobile app.

Paytailor is a payment solutions provider that offers customizable payment tools for businesses. They provide services such as mobile payments, recurring payments, and loyalty programs to enhance the customer experience and streamline payment processes.

EveryPay is a payment gateway platform offering cloud-based digital payment solutions for banks to manage the acquiring side of eCommerce. For bank merchants, the platform provides a variety of features to help them grow and scale by utilising online payment solutions. The company was acquired by LHV Group in March last year.

Tuum is a developer of API-based core banking systems. Its solution enables banks and financial institutions to digitise the banking process. Tuum provides deposits and savings accounts, asset and collateral management, loan management, accounting, and payments and cards. It also features multiple integration services for CRM, reporting, and AML.

Montonio provides payment financing solution for shoppers. It enables consumers to make low-interest installment payments for online products. Users can make payments in installments via credit/debit cards. The solution can be integrated into platforms like Magento, PrestaShop, Woocommerce, and more.

ALSO READ: Global Payments Vendors and Landscape Report Q1 2023

Previous Article

May 22, 2023

Trust Bank rolls out supplementary credit card with instant issuance

Read More
Next Article

May 23, 2023

Fundly.ai raises $3m seed funding

Read More








IBSi Daily News Analysis

Generative AI

April 12, 2024

Estonia

Security experts sound the alarm on Deepfake threats in the age of AI

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 12, 2024

Navy Federal Credit Union expands partnership with Backbase

Read More

April 12, 2024

FinTech Focus: Catch latest developments of the week

Read More

April 12, 2024

Parafin secures $125m warehouse facility from Silicon Valley Bank & Trinity Capital

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023