We advised Koinveticinis fondas on investing in Ligence – a Lithuanian startup, which is developing an automated cardiac ultrasound diagnostic solution based on artificial intelligence. Koinvesticinis fondas together with Vladas Lašas and other members of the business angels network LitBan has invested EUR 360 000 in the startup. The product will contribute to the fight against […]
We advised Montonio, a new generation fintech, in raising EUR 500 000 provided by both Estonian and international investors. Innovation in point-of-sale financing Montonio, which is making its mark in the hire purchase markets of Estonia and Lithuania, has created a new point-of-sale financing solution that allows online shoppers to receive several instalment offers from […]
On 16 July 2020, the Court of Justice of the European Union (CJEU) issued a judgment in the so-called “Schrems II” case (case C-311/18, see full text and press release), which will have a significant impact on transferring personal data outside the EU and the EEA. The decision is likely to cause some uncertainty and […]
We are advising Boku, a leading global mobile payment and mobile identity company, in the acquisition of Estonian fintech Fortumo. Boku has conditionally agreed to acquire the entire issued and to-be-issued share capital of Fortumo Holdings and its subsidiaries for a maximum consideration of USD 45 million. Significant step to cement the lead in mobile […]
We advised the Estonian technology company Milrem Robotics on raising 5.5 million euros. Within the framework of the capital raising transactions that took place this and last year, several well-known Estonian investors contributed to the company. Investment in the companys development Jüri Käo, Peeter Mänd, Heldur Meerits, Taavi Veskimägi, Gunnar Kraft, Toomas Bergmann, Urmas Past […]