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Taiwanese Blockchain Company Joins Lithuania’s Fintech Ecosystem
XREX, a Taiwanese blockchain Fintech company, has chosen Lithuania as its entry point to the EU market. After recently becoming a crypto asset service provider in Lithuania, the company plans to entrust operations, AML, and other functions to its Lithuanian
Read MorePayment Processing Fintech Paystrax to Double Headcount in Lithuania
Paystrax, a payment processing solutions provider, is planning to expand its team in Lithuania. With offices in Vilnius, Klaipėda, Reykjavik in Iceland, and Brighton in the UK, the company is looking to double its current 30-strong team in Lithuania over
Read MoreBank of Lithuania Seeks to Strengthen the Country’s Financial Market
The Bank of Lithuania has entrusted development issues to a specialised Centre for Financial Market Development in order to promote the continued successful growth of the country’s financial market. It will look for ways to strengthen the existing financial market
Read MoreFintech Funding Momentum Continues This Year in Baltic States
2021 was a record breaking year for the Baltic States’ startup landscape with a total of EUR 1.6 billion in capital raised, an amount that’s nearly three times the sum secured by the region’s startups in 2020, data from local
Read MoreIn the Baltics, Estonia Has Minted the Most Fintech Mini and Unicorns
In the Baltic region, Estonia is emerging as a fintech powerhouse, having minted the most fintech unicorns and being home to the largest number of fintech minicorns, or startups on the rise to becoming billion dollar companies. A new infographic
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