Top 17 Eastern and Central European FinTech Companies to Watch out for in 2016

Rarely mentioned but rich with innovative startups and bright entrepreneurs, Eastern Europe has an interesting FinTech ecosystem. We looked for some of the most intriguing FinTech startups from EEC and found 16 forward-thinking, innovative and promising ones in an effort to share it with the LTP audience.

Czech Republic:

Worldcore: The company provides a prepaid debit card within 24 hours of submitting the required documents. The card has the ability to load funds from any bank account instantaneously and can be used as a payout solution for wages, incentives, salaries, etc. They also provide a mobile app for the cardholder. Worldcore is the most promising Central European startup to watch out for in 2016. Worldcore account allows to get paid through bank wire, load any Visa/MasterCard credit or debit card, make online payments, make withdrawals to the Worldcore prepaid debit card and pay bills or buy any goods. That's an absolute advantage that Worldcore cards daily ATM withdrawal limit is 4,000 Euros and monthly limit is 120,000 Euros. The company promises to work round-the-clock to provide the fastest possible turnaround time for people signing up to the payment account via the website. For individual accounts or debit cards, the verification process requires digital copies of the individual’s passport and an address proof. The company utilizes Thomson Reute ...

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