Archive
MUFG Investor Services Fintech Limited Plans to Establish a Lithuanian Office
MUFG Investor Services FinTech Limited has announced its plans to open a representative office in Lithuania, it’s first office in the country. The location’s aim will be to attract new talent in the region to grow the firm’s existing team
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Bank of Lithuania Grants Electronic Money Licenses to Two UK Companies
The Bank of Lithuania issued electronic money institution licenses to UK companies FIDELIS EUROPE, UAB, and DiPocket, UAB. This authorises them to issue electronic money and provide payment services set forth in the Republic of Lithuania Law on payments. Following
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2 Fintechs Featured on TechChills’ Top 10 Latvian Startups to Watch Out For
TechChill, a non-profit organisation fostering the Latvian and Baltic startup ecosystem, has singled out ten up-and-coming startups that we should keep an eye out for. The two fintech startups that made it on that list includes Nordigen and Jeff App.
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SME Finance Receives EUR 80 Million Funding From European Investment Bank
The European Investment Bank (EIB) has backed Lithuanian-based neobank, SME Finance, with a funding of EUR 80 million. It is said to be the largest investment awarded by EIB to a fintech lender. SME Finance had announced their intentions of
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Amazon Expands Its Footprint to Sweden, Part of Its Europe Expansion Plan
Amazon has launched its first Nordic online store with the domain name of Amzon.se as part of its expansion plan into Europe. “We are thrilled to launch Amazon.se and to be able to offer Swedish customers a selection of more
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