Modern high-level technology is fundamental basis for today’s information society and financial world.
Estonian financial technology experts have over 20 years of greenfield development experience having established a high-level functional financial system from scratch. Financial IT systems and services in Estonia are highly innovative combined with user friendliness.
Service providers major expertise in Estonian market lies in banking, fund management, treasury & shared services, insurance and e-government. Market players absorb new technologies constantly and improve environment’s user friendliness to audiences from all around the globe.
The emergence of FinTechs is changing the financial services landscape. Although Estonia has been at the forefront of digital transformation for a while, no comprehensive overview of the local FinTech ecosystem is available. This report aims to improve that by looking at the FinTech environment in Estonia and by investigating the activities and sentiment of Estonian FinTechs. It also represents the first attempt of the finance research group at TalTech School of Business and Governance to explore the Estonian FinTech landscape in cooperation with FinanceEstonia.