Axiology was selected as the regional Baltic Class Winner, as well as the Overall Winner of the Mastercard Lighthouse FINITIV Program 2025 Spring edition. The awards were handed over during the Mastercard Lighthouse Startup Showcase and Grand Finale events at the Latitude59 conference in Tallinn, Estonia.
Axiology develops DLT market infrastructure for regulated tokenized securities under EU DLT Pilot Regime Regulation.
In the words of this Spring’s selection committee, Axiology was selected as the Overall FINITIV Program Winner “due to their innovative idea and partnership readiness that they demonstrated towards all program partners. Their solution is aiming to revolutionize the market, which made them stand out in the eyes of the partner banks. The powerful team behind this solution truly has great potential to achieve success in the upcoming years.”

Bislab was declared the winner of the Norwegian Class of Mastercard Lighthouse FINITIV, Spring 2025. They build leading automated credit rating and financial crime prevention solutions for the professional market. Bislab stood out from the class with their significant traction, and potential for partnerships. Their solution is innovative and relevant to a serious and growing problem.

Partisia became the winner of the Danish Class of Mastercard Lighthouse FINITIV, Spring 2025. Their innovative software empowers companies to operate, and compute encrypted data, Multiparty Computation, which enables confidential collaboration between multiple banks by securely bridging them. Partisia impressed the partners with their interesting proposition, which is already quite advanced on the market. They are offering one of the essential backbones of financial services, making it a safer process.

Mastercard Lighthouse FINITIV
In the words of this spring’s selection committee, Avallone was selected as the overall FINITIV Program winner “due to their professionalism and partnership readiness that they demonstrated towards all program partners. Their product and their approach to fight financial crime gained huge interest from partner banks. The team behind this solution truly has great potential to achieve success in the upcoming years.”

“Winning Mastercard Lighthouse FINITIV affirms our mission: Europe must build capital markets that are not just efficient, but strategic. Financing defense, securing energy independence, and standing up to existential threats requires more than budgets — it demands infrastructure that mobilizes capital at scale. Axiology is proud to help make EU markets a beacon of resilience and leadership on the global stage.” says Marius Jurgilas, CEO & Co-Founder of Axiology

“Axiology aims to revolutionize European capital markets by building a next-generation infrastructure that empowers small and medium-sized corporates to access funding through digital bond issuance. Their tokenized securities platform removes traditional barriers, enabling SMEs to raise capital directly and giving investors transparent, efficient access to fixed-income bonds. Strong background of the team builds trust that they can achieve that.”
 – Joakim Höglund Partnership Business Manager and Gediminas Misevičius Open Finance Strategy at Swedbank

The Mastercard Lighthouse FINITIV Program runs for three months and provides Nordic and Baltic fintech and fintech-enabler startups, as well as early scaleups, the chance to collaborate with key stakeholders. These include Mastercard, Nordic banks such as SEB, Danske Bank, DNB, Swedbank, Resurs, SpareBank 1 Østlandet, and OP Financial Group. Additionally, participants can work with tech partners like AWS, program advisors (e.g., FinTech Mundi and Invenio Growth), and a wide circle of over 180 investors.

The purpose of the Program is to create space and opportunity for program participants and stakeholders to identify and pursue partnerships, including collaborations among the participants themselves.

Twice a year, once in the spring and once in the fall, the program stakeholders select an Overall Program Winner based on a variety of criteria, such as partnership capacity, value proposition, relevance, investment and innovation potential, and traction

Mats Taraldsson, Head of Fintech and Impact Tech Engagement at Mastercard Northern Europe says:
“The financial technology industry is undergoing a transformational shift, and the fintech companies selected for this program are at the forefront of this shift. I am excited to see the innovation and solutions that they are bringing – they are pushing the boundaries of traditional banking and payment methods, and their solutions are addressing the changing needs and expectations of consumers, businesses, and governments. We are very happy to see that Axiology was appointed as the Overall Winner of the spring FINITIV Program with its innovative solution for trading, settlement, and custody of tokenized securities.”

The Investor Award was given to Tap2Pay; the company that showed the most traction with the Investor Circle of Mastercard Lighthouse. Tap2Pay is activating payments for SMBs without coding skills in messengers, social networks, and websites. In this program cycle, Justify, a legal life management platform for people, embedded into existing and new customer journeys of banks and insurance companies, won the most votes and received the People’s Choice Award.