Lithuania

Digital Identity Firm Signicat Acquires Lithuania’s Dokobit for Eastern Europe Push

Norwegian digital identity company Signicat has acquired Dokobit, a Lithuanian electronic authentication solutions provider with a presence in Estonia, Latvia and Iceland, for an undisclosed sum. This marks the third acquisition by Signicat following that of Encap Security, a Norwegian

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London Fintech Curve Appoints CEO and Head of Lithuania To Drive Growth in Europe

Curve, a London-based fintech that allows consumers to store their payment cards in a single location, announced the appointment of Renata Sumskaite as CEO and Head of Curve Lithuania, in a move that cements its growth strategy from an EU-licensed

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Lithuania’s Paysera Gets Green Light to Operate in Ukraine

The National Bank of Ukraine has given the green signal to Lithuania-based fintech startup Paysera to operate in the country. Paysera has been included in the country’s Register of Payment Systems and after technological arrangements, it will offer money transfers

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Bank of Lithuania Warns Binance for Unlicensed Services, Misleading the Public

The Bank of Lithuania has warned a virtual currency exchange operator Binance about its unlicensed investment services provided in Lithuania and ordered the company to ensure that its publicly available information is not misleading. The Bank of Lithuania has also

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Danish PFM Platform Spiir Released the Beta Version of Its App in the Baltics

Danish personal financial management (PFM) app Spiir announced that it has launched a beta version of its app in the Baltics ahead of their recent expansion into Estonia, Latvia and Lithuania. The team behind the app has made a special

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Denmark’s Cloud Solution Provider CLOUDEON Sets up New Office in Lithuania

CLOUDEON, a Denmark-based cloud solutions provider, announced that it has expanded its operations in Lithuania with an office in Kaunas, the second largest city in Lithuania. For CLOUDEON opening an additional office in Lithuania means securing a continued stream of

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Lithuanian SME Lender Noviti Finance Bags €700K From Belgian Fund Helenos

Noviti Finance, a provider of alternative business financing, has received an investment of €700,000 from Belgian private equity fund Helenos. The company said that the new funds will be used to strengthen its position in the local market but also

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Accenture Expands Footprint in the Baltics With Plans for Lithuanian ICT Center

Global professional services company Accenture has announced plans to establish a new ICT service center (Advanced Technology Center) in Lithuania’s capital, Vilnius. The center will open later in 2021 with the recruitment of a few dozen employees and the number

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Lithuania’s Paysera to Offer Payments via Neobank N26 in 18 European Countries

Lithuanian payment processor Paysera announced that it has integrated the German neobank N26 into its payment gateway and this service will cover 18 European countries. Now merchants that Paysera provides payment processing services to, will be able to accept payments

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Lithuanian Civinity’s Investment Arm Sets Aside €15 Million to Fund Proptech Startups

Civinity, a Lithuanian facility management and engineering groups in the Baltics, announced the launch of an investment management firm Pentaframe Capital that will focus on investments into real estate, facility management, and smart city tech startups. In the following five

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