Lithuania
TransferGo Raises US$10 Million to Fuel Asia Pacific Growth Plans
TransferGo, an online money transfer platform operating in over 160 countries, recently announced it has raised US$10 million from Taiwania Capital, a Taiwanese venture capital firm. This funding is part of TransferGo‘s strategy to expand its presence in the Asia-Pacific
Read MoreNew Fintech Lithuania Report and Map 2024
In Lithuania, the fintech ecosystem rose steadily last year, showing resilience and maturity in the face of the continued global economic downturn. Data freshly released by Invest Lithuania, the country’s investment promotion agency, reveal that the number of companies in
Read MoreThe Winners of the 2024 Lithuanian Fintech Awards
Rockit, a fintech hub and startup program organizer in Lithuania, has unveiled the recipients of the 2024 Lithuanian Fintech Awards, recognizing this year’s top fintech leaders and trailblazers shaping the country’s fintech sector. The 2024 Lithuanian Fintech Awards, the fourth
Read MoreN26 Launches Instant Savings in the Baltics
German Digital bank N26 has announced the launch of its Instant Savings accounts in a further 13 markets across Europe. From today, customers in Austria, Belgium, Estonia, Finland, Greece, Ireland, Latvia, Lithuania, Luxembourg, the Netherlands, Portugal, Slovakia and Slovenia will
Read MoreŠiaulių 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 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,
Read MoreTop 14 Fintech Events in the Baltics and the Nordics to Attend in H1 2024
Over the years, the Nordic and Baltic regions have emerged as vibrant hubs for fintech innovation, fueled and facilitated by advanced digital infrastructure and digitally literate populations, government support, and strong collaboration between traditional financial institutions, startups and technology companies.
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