Fortumo is an Estonian startup (see our previous coverage) focusing on making it possible for everybody from individuals to home-based businesses to global web entrepreneurs to easily and cheaply collect payments from their customers using mobile payments. The company emphasizes that it should be as easy, quick, and cost-effective to start using mobile payments on your site or in your app as creating a blog or a homepage.

The Finnish social gaming firm Ironstar Helsinki has announced appointing a new CEO Tiina Zilliacus and expanding its platform reach to Facebook. Ironstar Helsinki runs a social gaming world MoiPal, which up until now has been available on the web and as a downloadable mobile application.

Muxlim, the world’s largest online community, and is based in Finland, has launched the world’s first virtual world for muslims, Muxlim Pal. As the name implies, the virtual world wants to be the user’s virtual friend instead of a virtual representation of the user.