Archive

Bank of Lithuania’s Position on Virtual Assets and ICO

Taking into account current market developments and evolving regulatory regimes as well as seeking to ensure a level playing field for all financial market participants, the Board of the Bank of Lithuania has updated its position on virtual assets and

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€100M NordicNinja VC Fund Officially Launches Operations in the Nordics and Baltics

NordicNinja VC by JB Nordic Ventures has officially launched its new €100M VC fund in partnership with Panasonic, Honda, Omron, and the Japan Bank for International Cooperation (JBIC). T he fund will help Nordic and Baltic scale-up companies enter the

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Lithuanian Fintech Company Debifo Merges with European Company

Factris, the Amsterdam-based provider of factoring services has merged its operations with Lithuanian Fintech company Debifo. Factris intends to scale its development team and operations in Lithuania to accelerate the development of its factoring platform and execute on its ambition

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Paysera Consolidates its Presence in the Baltics

A Lithuanian electronic payment system “Paysera” makes one more step and firmly establishes in all Baltic states by starting operating in Estonia. A customer service center has been opened in Tallinn. It is planned that a sales department will commence

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Lithuania’s Fintech Results In 2018: Rising Potential

Over the year, the number of Lithuanian-based FinTech companies and their employees grew by more than 40%. In addition, by number of licensed electronic money institutions, Lithuania was in the lead in continental Europe. The results of the FinTech sector

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