The numbers speak for themselves: the 30 selected companies have generated combined revenues of €188.2 million over the last three fiscal years, employing more than 1,327 people. This list, powered by Sifted and backed by the Financial Times, highlights the startups revolutionizing financial solutions in our region.
The Sifted 30 Ranking is an exclusive listing that highlights the fastest-growing companies that are achieving something big and different in the fintech area on Eastern Europe. What does it take to be on this list? Here, startups like ours must meet rigorous criteria, including at least three years of financial data, revenue generation through proprietary technology, and achieving significant thresholds in the last year.
Why Does The Sifted 30 Ranking Matter
For Wallester Sifted 30, this recognition validates our impact and reaffirms our position as an emerging leader in the fintech world, precisely when digital banking transformation is gaining more ground than ever.
A Milestone Redefining the Fintech Ecosystem
It’s a fact that a revolution is taking shape in the Baltic region. That’s why at Wallester Sifted 30, we stopped talking about digital transformation a while ago and instead focused on leading it. As our CEO, Sergei Astafjev, states: “Being among the top five in The Sifted 30 Ranking drives us to continue democratizing access to advanced financial technologies across Eastern Europe. This is just the beginning of our journey to revolutionize digital banking.”
Building Our Success Story
To achieve milestones like these, we’re making strategic moves across different scenarios. One example was our participation in the Sifted Summit. Held in London, this summit brought together the industry’s most influential leaders, providing Wallester with a platform to connect with over 3,000 founders, investors, and future partners.
Moreover, with our characteristic determination, this month we opened our new offices to consolidate the Riga fintech hub, specifically at the Rietumu Capital Centre. This opening strengthens our position in the Latvia digital banking transformation and allows us to be closer to clients like Latvijas Post, whom we’ve helped launch their own Visa cards accompanied by a payment application called Latvijas Pasts Pay. This way, we’re facilitating access to digital transactions for everyone. Such collaborations join a major alliance previously celebrated with Delfin Group, the same group that operates under the Banknote and Vizia brands, offering financial services and loans throughout Latvia.
This is Our Vision for the Future
As one of the fastest-growing fintech companies in Eastern Europe 2024, we’re betting more than ever on the power of collaboration and innovation to change the financial landscape. With a team of over 140 professionals and growing, we continue to attract talent from the solid Baltic fintech innovation ecosystem. Our purpose is clear: to keep developing financial technology solutions that make a difference.
And this is just the beginning! We invite you to explore the complete The Sifted 30 ranking right now and discover the list of pioneers transforming the future of digital banking in the region.
