Fintech Jobs in the Baltics: Latvia, Lithuania and Estonia Compared

Maybe you've already looked at fintech jobs in Riga, Vilnius or Tallinn and wondered which one of this cities is the right move for relocation. Fair question. The 3 Baltic capitals are only a few hours apart, and together they're home to more than 600 fintech companies – from global names like Revolut and Wise to local crypto, payments and web3 companies.

Each city has its own fintech story. Riga is strong in payments and crypto. Vilnius is home to the region's biggest fintech workforce. And Tallinn? It's the capital of a country where you can do pretty much everything online – even get married.

We've already written about fintech jobs in Riga. This article is more of a side-by-side comparison of the 3 countries: the numbers, the companies worth watching, and where you can work remotely. Let's start with the numbers.

Baltic fintech in numbers

In short: Lithuania has the biggest fintech workforce, Latvia leads the region in MiCA-licensed crypto companies, and Estonia pays the most in IT and finance. As for living costs, Riga is the most affordable capital and Tallinn the priciest.

Rent makes the biggest difference. A furnished 45m² studio costs around €379–545 a month in Riga, €535–752 in Vilnius and €581–934 in Tallinn, depending on the area. Smaller cities can be much cheaper: in Latvia, monthly costs for one person are around €859 in Daugavpils and €953 in Jelgava – worth knowing if your role is remote or hybrid. For a closer look at groceries, transport and going out, Numbeo lets you compare the cities side by side.

A quick heads-up before you compare: each country counts its fintech companies a little differently, so treat those numbers as a rough guide. Lithuanian gross salaries also look higher partly because of a 2019 tax change that moved most social contributions from employers to employees and raised every gross salary by 28.9%. Compare take-home pay and the gap gets much smaller: the average net salary in Q2 2026 was €1,595 in Lithuania and €1,401 in Latvia.

Latvia: payments, lending and crypto

Let's start with home. Evotym was founded in Riga, so this is the market we know best.

Latvia is the smallest of the 3, and its fintech scene keeps growing. According to Venture Faculty, the country now has 164 fintech companies, up from 149 a year earlier. The number of people working in them grew from 2,843 in 2022 to 3,693 in 2025 – almost 30% in 3 years.

Latvian fintech started in the late 2000s with online lenders that grew from Riga into international groups. Since then, the scene has grown into payments, investment platforms, open banking and crypto. Crypto is where Latvia really stands out: 12 companies now hold MiCA licences here, the most in the Baltics. Latvian Bank even offers consultations to companies before they apply.

The honest part: average salaries are somewhat lower than in Lithuania and Estonia, and the market has fewer large scale-ups so far. On the plus side, Riga is the most affordable Baltic capital, and the community is close-knit – you'll see a lot of familiar faces at TechChill, Baltic Fintech Days and UN:BLOCK Fintech.

Fintech companies to watch in Latvia:

• Eleving Group – one of Riga's best-known lenders
• Mintos – one of Europe's largest platforms for investing in loans
• DECTA – card payments
• GoCardless – open banking, with a Riga team that started as the Latvian startup Nordigen
• Paybis – the first crypto company in Latvia with both a MiCA licence and a payment licence
• Noda – open banking payments, with a hub in Riga
• TWINO – a Riga-based investment platform, MiCA-licensed since June 2026

Keep an eye on Latvia's other MiCA-licensed crypto companies too, including BlockBen, Neverless, Backpack EU, Bleap and Noah. You can find the full list here, based on the ESMA register.

Lithuania: home to global fintech names

If Latvia is the crypto hub, Lithuania is where many global fintechs set up their EU base. At the end of 2025, the country had 248 fintech companies and around 7,800 people working in them, and 231 of those companies are in Vilnius. Invest Lithuania says the country issues more fintech licences, such as e-money and payment licences, than any other EU member state, and fintechs licensed here serve around 40 million customers across the EU.

That's why so many big names are here. Revolut runs its EU bank from Vilnius, Checkout.com opened a technology centre after buying a Lithuanian e-money institution, and Robinhood, Ebury and Tide have all arrived in the last few years. Good news for international candidates: 58% of Lithuanian fintechs employ foreign staff, and 77% plan to grow their teams in 2026.

The honest part: the market is consolidating. The number of fintech companies fell by 12% in 2025, while the number of people working in them stayed the same – so there are fewer, bigger companies. Crypto shrank the most: around 850 crypto firms were registered in 2022, before MiCA came in.

Fintech companies to watch in Lithuania:

• Revolut – its EU bank, Revolut Bank UAB, is licensed in Lithuania
• Checkout.com – payments, with a Lithuania Technology Centre
• Ebury – cross-border payments, expanded locally by acquiring ArcaPay
• Nuvei – global payments, one of the established players in Vilnius
• ConnectPay – a Lithuanian-born payments and banking platform
• Ondato – a Lithuanian-born identity verification and KYC company

Also, Lithuania has 6 MiCA-licensed companies: Robinhood, CoinGate, Simplex (part of Nuvei), Blue EMI (acquired by Checkout.com), Newrails and Myriad Capital.

Estonia: the digital-first market

Estonia has been a tech story for longer than fintech has been its own category. Skype was built here, and since December 2024, every public service in Estonia is available online. For a country of 1.36 million people, it has a lot of fintech too: 264 fintech startups.

Wise started in Tallinn and grew into one of the best-known fintechs in the world. A newer wave of companies covers everything from anti-money laundering to card issuing, lending and core banking, and most of them hire internationally. The pay is good too: in Q2 2026, the average gross salary was €3,837 a month in IT and €3,629 in finance.

Good news if you work in tech and come from outside the EU: Estonia caps how many work permits it issues each year, and ICT specialists are exempt from that limit. So are top specialists earning at least 1.5 times the average salary.

The honest part: Tallinn is the most expensive of the 3 capitals, and crypto has largely left – Estonia had hundreds of locally licensed crypto firms before MiCA came in.

Fintech companies to watch in Estonia:

• Wise – global money transfers, founded in Tallinn
• LHV – an Estonian bank
• Salv – anti-money laundering software
• Wallester – card issuing
• Tuum – core banking platform
• Montonio – payments for e-commerce
• Inbank – consumer lending and financing

In crypto, Estonia has 3 MiCA-licensed companies: Lightyear, LHV and Lightspark.

Can you work from anywhere in the Baltics?

Often, yes. Many Baltic fintech roles are remote, and employers look for people across all 3 countries at once. As Anastasia Zencika, Founder & CEO of Evotym, says:

"Latvian fintech employers are competing for talent in a European market, rather than a purely domestic one. A professional based in Latvia may be considering opportunities in Lithuania, Estonia, Germany, the UK or elsewhere in Europe, particularly where remote or hybrid work is available."

We see this in our own vacancies. Right now, the same Technical Support Engineer (B2B Fintech / Payments) role is open to candidates in both Latvia and Lithuania, fully remote, and our Risk Manager role is open in both countries too. Our Card Scheme Operations Specialist role is open in Lithuania and Estonia, and most of our current Lithuania roles are fully remote.

That said, location still matters for some jobs, especially in compliance, risk and licensing. As Anastasia explains:

"At the same time, geography remains important for a number of positions. Regulated roles may require detailed knowledge of the local supervisory environment and, in some cases, physical presence in the relevant jurisdiction."

Planning to relocate? The official guides cover visas, registration and your first weeks in the country: Relocation to Latvia, Work in Lithuania and Work in Estonia.

Open fintech roles in the Baltics right now

Ready to make a move? Here are a few roles worth checking this week:

• Senior Finance Manager (FinTech) | Latvia, hybrid | Apply here
• Payment Operations Manager | Latvia, fully remote | Apply here
• Senior Fraud & AML Officer | Lithuania, hybrid | Apply here
• Senior Risk Manager | Lithuania, hybrid | Apply here
• Regional Sales Manager (Payment Technologies) | Estonia, fully remote | Apply here

See all current openings by country: Latvia, Lithuania and Estonia. You can also follow our Jobs in Latvia Telegram channel for roles in Latvia, or our main Telegram channel for fintech roles across Europe.

Salary, cost of living and vacancy data may shift over time. Figures are correct as of October 2026.