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Šiaulių Bankas Selects Temenos to Modernize Core Banking in the Cloud
Temenos announced that Šiaulių Bankas, the largest independently-owned bank in Lithuania with over €4 billion in assets, has selected Temenos to modernize its core banking platform. Šiaulių Bankas will migrate its retail and corporate banking including trade finance to Temenos
Read MoreNoda Partners to Lead Open Banking in the Baltic Gaming Sector
Noda, a leader in instant transaction facilitation, proudly announces its market expansion alongside Wargaming into the Baltic region, including Lithuania, Latvia, and Estonia. Starting in January 2024, this strategic partnership will bring innovative Open Banking payment solutions to online gamers
Read MoreFintech Funding in Lithuania Nosedives 97% YoY
In 2023, Lithuania fintech startups secured a mere EUR 7.2 million in venture capital (VC) funding, a figure which represents a staggering 97% year-on-year (YoY) decline from EUR 222.6 million, new data released by Dealroom show. The sum makes fintech
Read More6 Lithuanian Fintech Startups to Watch in 2024
Over the past years, Lithuania has emerged as a significant player in the European fintech sector, an industry that has grown on the back of a burgeoning startup ecosystem, a favorable regulatory environment and robust infrastructure. As of the end
Read MoreCore Banking Provider Tuum Grabs 25M EUR Series B Led by Commerzventures
Tuum, a Tallinn and London based core banking provider, announced that it has raised EUR25m, in a series B financing round led by CommerzVentures, with participation from Speedinvest alongside existing investors. Tuum has expanded rapidly since signing its first client
Read MoreTransferGo Strengthens Leadership Team for Global Expansion
TransferGo, a global fintech creating a fairer world for millions of hard-working migrants, announced the addition of three professionals to its executive team to spearhead global expansion and consolidate its presence in existing markets. With their extensive experience and expertise,
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