Lithuania

Paysera Clients Can Now Send Money to 149 Countries With Airwallex

Lithuanian payment processor Paysera has partnered with payments infrastructure platform Airwallex to enable its clients to send money to 149 countries and open IBAN accounts of 9 countries. Paysera is a licensed e-money institution providing payment gateways, currency conversion, payment

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Lithuania’s SME Finance Expands its Footprint to Finland

Lithuanian financing platform SME Finance has opened for business in Finland to provide loans to smaller businesses, including those with trading histories of under two years. Finland has a highly concentrated banking sector, with the top three banks controlling 80%

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5 Baltic Startups Selected for the Lighthouse FINITIV 2022 Fall Programme

15 fintech companies – five from the Baltic region and 10 from the Nordic region – were selected to participate in Mastercard Lighthouse FINITIV’s 2022 fall programme. Since its launch in 2018, the Mastercard Lighthouse FINITIV programme has been the

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Estonia’s Fairown Expands to Lithuania with Inbank and Topo Centras Partnership

Fairown, an Estonian fintech company that offers products-as-a-service to banks, brands, and retailers, is expanding its offerings in the Lithuanian consumer electronics market by partnering with local bank Inbank and retail consumer electronics company Topo Centras to launch the solution

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F10 Launches Climate Fintech-Focused Incubator in the Nordics and Baltics

F10, an innovation ecosystem for fintech and insurtech with hubs in Switzerland, Singapore, and Spain, announced the launch of an incubation programme dedicated to climate fintech across the Nordics and Baltics, expanding its reach within Europe. The goal is to

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Lithuania Kicks off “Startupcation” Program For Foreign Startups

Lithuania has launched a “Startupcation” program and invites foreign startups to experience the booming startup ecosystem of Vilnius, Lithuania’s capital city and main startup hub. The program grants fast-lane access to the country’s relevant business networks and hubs and provides

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Vilnius Payment Startup Delivers Multi-Currency Payments on Mambu

OKEO helps customers save time and money by providing access to modern and professional banking services. Mambu‘s composable platform enables OKEO to offer multi-currency foreign exchange payments, at rates up to five times better than traditional institution, and delivery times

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Lithuanian Identity Verification Startup Partners With Swedish Fintech Juni

The Lithuanian identity verification and compliance company iDenfy, joined forces with Juni, the financial management platform made for ecommerce. iDenfy’s mix of built-in identity verification and Business Verification services will protect Juni from fraud. Reduced costs, personalization, greater convenience, or

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Unicorn Bus Stops in Vilnius – New Initiative to Motivate Startups

After Lithuania gained the second unicorn, Nord Security, this spring, Vilnius, the capital, is rapidly evolving into a point of attraction for new and established businesses. In light of the booming entrepreneurial environment and the expanding unicorn community, Vilnius is

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Dutch Fintech Hyarchis Has Opened Second Office in Lithuania

Today, the Dutch financial technology (Fintech) company Hyarchis announced that it is expanding and opening a new office in Vilnius. The company’s first Lithuanian branch has been operating in Kaunas since 2018. The office in the capital will serve as

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