Google Granted an Electronic Money Institution License in Lithuania
The Board of the Bank of Lithuania has granted Google Payment Lithuania UAB an electronic money institution license authorizing to issue and redeem electronic money as well as provide payment services. “The end of this year reflects our efforts andRead More
After Revolut, What’s More for Lithuanian Fintech?
If fintech licensing is a race, then Lithuania is definitely ahead of the pack. According to data gathered from regulatory bodies of different European countries, the relatively small Baltic country is second only to Britain when it comes to ElectronicRead More
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 legalRead More
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 licenseRead More