Archive

Lithuania Grants License for Swiss Fintech that Enables Cash Withdrawals Without ATMs

Sonect, a location-based P2P matchmaking platform that connects those who want to withdraw cash with those who want to deposit it, has obtained its Electronic Money Institution licence from the Bank of Lithuania, which enables the company to operate in

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Nordic Capital Acquires Digital Identity Pioneer Signicat

Nordic Capital Fund announced the acquisition of Signicat, a high-growth provider of digital identity and signature solutions. Nordic Capital will, in close partnership with the company’s management and existing shareholder Viking Venture, accelerate Signicat’s international expansion and strengthen the company’s

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9 Lithuanian Institutions Join Forces in Fintech Risk Management

Lithuania highly visible on the global Fintech innovation map also becomes a relevant risk management competence centre. By the initiative of Minister of Finance Vilius Šapoka, nine national institutions joined forces for a common goal – to promptly anticipate Fintech

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Lithuania at the Forefront of Fintech Regulation

Marius Jurgilas, Member of the Board of the Bank of Lithuania, met with experts from the International Monetary Fund (IMF) and the World Bank, sharing Lithuania’s experience in creating a fintech-conducive regulatory environment, which falls in line with international best

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