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Baltic Bank’s Market Share Being Chipped Away By Crowdlending
In the ever-growing European alternative finance market, Lithuania – together with other Baltic countries – shows peculiarly favourable results among the crowdlending operators Common trends in the Baltic region highlight alternative lending as a serious challenge for traditional banks and
Read MoreEarthport Receives European Payment Institution license in Lithuania
The Lithuanian subsidiary of London-based cross-border payments facilitator Earthport – Earthport Payment Services UAB – has been granted a Payment Institution license by the Bank of Lithuania. The license allows Earthport to continue providing payment services across the European Union.
Read MoreHow Estonia is Secretly Rising to Be Europe’s Startup Nation
With one of the highest rates of startups per capita in Europe, Estonia is considered by many as a startup paradise, a status it earned thanks to the numerous governmental initiatives focusing on supporting technology and small businesses. Image Credit:
Read MoreLithuania Positions Vilnius as a City-Sized Sandbox for Technology Businesses
The Lithuanian capital Vilnius is emerging as the world’s biggest tech sandbox. At an important crossroads of Europe, Vilnius has always been a cosmopolitan city with important commerce that attracted a mix of cultures, languages and religions. Today, the city
Read MoreUK Blockchain Opens Newest Office in Vilnius
Blockchain.com announced the opening of a new office in Vilnius, Lithuania. The office, which is Blockchain’s fifth location, will be home to dozens of designers and customer success agents as well as Android Engineers, Backend Engineers and Quality Engineers who
Read MoreKontomatik: Thanks to Lithuania’s Service License- Ready to Rock in 10 Countries
On 17th of February 2019 The Bank of Lithuania granted a license to Kontomatik UAB to provide AIS (Account Information Service License Provider) services in 10 countries without the need to open local branches. According to the decision of the
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