Often overlooked, the Baltics is fast becoming one of the most exciting tech startup hubs in Europe. Home to only roughly six million people, the countries of Estonia, Lithuania and Latvia have the largest number of startups per capita in Central and Eastern Europe and the venture capital firm Index Ventures has rated these countries as the most ‘startup-friendly’ in Europe, largely owing to policies on stock options, tax, employment and a low cost of living.
One remarkable statistic is that since Brexit, Lithuania is now the largest fintech hub in the EU and in some cases is actually moving investment from the UK to Lithuania.
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