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E-ESTONIA: DIGITAL JOURNEY

ESTONIA STANDS OUT AS A GLOBAL CENTRE OF FINTECH EXCELLENCE The boldest players at your fingertips: trendsetting companies from the most digitally advanced nation Named the most advanced digital society in the world, Estonia has built an efficient, secure and transparent ecosystem where 99 per cent of government services are online. This digital-first approach to how things should work also applies to the finance world. Estonia is virtually cashless, with more than 99 per cent of financial transactions happening digitally. Financial solutions here are known for being highly innovative, user-friendly and reliable. That’s because Estonia as a whole, as well as its financial technology sector in particular, have had close to 30

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years to build a high-level financial system from scratch, fuelled by a uniquely entrepreneurial and tech-savvy environment that has, among other things, given rise to more unicorn startups per capita than any other country in the world. Whether you seek innovation, reliable engineering or an operational hub within the EU regulatory framework, Estonia is a smart, agile location for fintech businesses. Our digital environment is supporting rapid innovation, development and launch of solutions. Estonia aims to be one step ahead with innovation and boasts a full digital ecosystem, world-class cybersecurity and first commercial 5G networks available. Modern e-solutions make setting up and running a business in Estonia quick and easy. Estonian solutions like digital signatures, electronic tax claims, e-Business Register or the availability of public records online have pared bureaucracy down to a bare minimum and

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facilitated an environment where business is easy. Today, Estonia’s ever-evolving fintech sector is poised to help set the trend for Europe and beyond. At Money20/20 this September, meet the Estonian fintech innovators making money move smarter:

The tailored core banking software solution for professional credit providers We cover consumer and SME financing as well as deposits, secured and payday lending, from instalment to invoice finance throughout the entire credit life cycle. Modular software, desired add-ons and operational customisation are the key points of our full infrastructure implementation, making sure that your new systems’ ecosystem performs. bankish.eu

Cloud-based payment gateway platform that helps banks and

acquirers save time, resources and costs on digital payment product development EveryPay offers the same features as the leading third party PSPs and helps to secure more merchants, increase revenues and manage acquiring risks effectively. We support debit and credit card payments, Open Banking API based payments and alternative payment methods like Apple Pay, Google Pay and PayPal. every-pay.com

The leading pan-European marketplace facilitating property-backed loans for SMEs and carefully selected investment opportunities We are developing a digital and borderless ecosystem for real estate financing and investing in Europe and beyond. By connecting different service providers, SMEs and investors into one single marketplace, we can offer something unique that other financial institutions

www.thefintechtimes.com