Posts From Fintechnews Baltic

Nordea Takes Open Banking beyond PSD2

Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and integrate real-time data with their own systems and processes. It is the first offering from Nordea that moves beyond legal

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Revolut Becomes First Non-Bank to Secure EU Banking License from Lithuania

Revolut together with the Bank of Lithuania have announced that the challenger bank received a Specialised Bank License, which will allow offering and passporting an even wider range of solutions to customers in Europe. The move of getting a license

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Chinese Fintech Company Paytend Opens European HQ in Lithuania

Paytend Technology, a Chinese company developing and selling financial services software, has announced choosing Vilnius, Lithuania, for its European headquarters. The company plans to hire up to 50 highly qualified professionals in the fields of sales marketing, compliance, product development

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Kazakhstan and Lithuania Sign Co-Operation Agreement To Promote Fintech

The Astana Financial Services Authority (“AFSA”) has established a cooperation with Bank of Lithuania. The Agreement provides a framework for co-operation, information sharing and referrals in fintech innovations area between the AFSA and Bank of Lithuania. Parties believe that through

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Lithuania Expects A Significant Growth In The Number Of Fintech Companies Next Year

Last week, Lithuania held the largest financial technologies (fintech) conference in the Baltic States – the Fintech Inn conference – with more than 1.300 attendees. With the help of world-class experts (both home-grown and international), the country seeks to increase

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The Role of Public Relations and Marketing for FinTech Start-Ups

For the vast majority of people, public relations, marketing, and communication may be perceived as one single project; hence, it may be hard to differentiate from one another. Nevertheless, a debrief with active professionals in this sphere will make you

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What Keeps Us from Lithuanian Skype Success: Startups and Banks Have Different Visions

“We are on the right path to finally make a spurt with the Lithuanian Skype. If startups get the support of banks we will witness a much faster breakthrough which will result in a win-win situation for both sides“, says

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FinTech Week Vilnius: From Future Payments to Blockchain Revolution

For the first time in Lithuania starts “Rise Vilnius FinTech Week” which will take place from 22 to 26 October 2018 in Vilnius. Everyone interested in FinTech industry will have the opportunity to hear more about the development of this

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Sweden’s Fintech Industry Sees Strong Growth: Report

In the past years, Sweden has witnessed the rapid growth of its fintech ecosystem with 188 fintech companies established in Stockholm alone as of early 2018, according to the Stockholm Fintech Guide by Invest Stockholm. Several of these ventures have

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Fintech Cooperation Between Central Banks of Lithuania and Ukraine

The Bank of Lithuania and the National Bank of Ukraine have agreed to work together to facilitate development of financial innovations. The Co-operation Agreement in the Area of Innovation Development between the two institutions was signed on the sidelines of

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