Lithuania

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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At Money 20/20 Conference – Never Before Seen Gathering of Lithuania’s Fintech Community

On 7–9 June, Europe’s largest Fintech conference will bring together the world’s most successful Fintech representatives and investors. This time they will be joined by a large team from Lithuania. For the first time, “Money 20/20” will mobilise and co-present

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10 Women Leaders in the Lithuanian Fintech Ecosystem

As the fintech sector continues to evolve in Lithuania, a growing number of women in leadership roles are helping propel the country’s most promising and fastest-growing fintech startups ahead in exciting new directions. We’ve curated a list of 10 of

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Fintech Unicorn Drivewealth Opens EU HQ in Vilinius

DriveWealth, a global embedded finance pioneer that powers equity investing for fintechs,  announced the opening of its first international entity to serve the European market. Based in Vilnius, Lithuania, the new DriveWealth Lithuania subsidiary will create innovative new partnerships with

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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

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Payment 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

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Bank 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

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Fintech 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

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