Archive
Lithuania Has More Than 1000 Startups
Today, the Lithuanian startup ecosystem, which has been demonstrating rapid development rates for some time and can boast of successful results. According to the “Startup Lithuania” database, the number of innovative businesses registered in Lithuania already reached 1021. The number
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Revocation of Bruc Bond, UAB Payment Licence for Serious Violations of National Legislation
The Board of the Bank of Lithuania has revoked the payment institution licence held by Bruc Bond, UAB (formerly UAB Moneta International). Such a decision has been taken in view of non-compliance with the requirements pertaining to its existing licence
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Revolut Transferring Business Customers to Lithuanian Entity
You might have seen some updates from Revolut about account migration to their new European license. Revolut’s intention is to make sure that the client experience isn’t interrupted and that Revolut can be used normal. So that Revolut is fully
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30 Years of Lithuanian independence- How Lithuania Got Good at (Fin)Tech
The fall of the Soviet Union brought about more than a dozen sovereign nations, each taking a distinct path from the other. Lithuania, the first country to regain its independence on March 11, 1990, has already developed its fair share
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European Commission Supports the Global Hack, a Global Tech Movement to Combat the Coronavirus
The European Commission has announced it is supporting the upcoming Global Hack, an online hackathon organised by the world’s tech community. The Hackathon is designed to rapidly develop much needed solutions in the current COVID-19 pandemic. Kai Isand, head organiser
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Estonian Startup Help: Raise €250K Or More
The emergency situation, remote working, the aim of avoiding physical contacts are making companies to adapt their products and services to the current situation. Estonian startup sector has responded fast and vigorously to the changing socioeconomic situation caused by the
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Mambu is Opening its Prime Engineering Centre in Lithuania
Mambu, an innovative cloud platform for banks, Fintechs and financial service providers, is establishing an engineering centre in Lithuania. The new Vilnius team, which is expected to grow to 100 employees within 3 years, will serve as one of the
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