
Lithuania
Cashless Payment Company Chooses Lithuania as European Base
Nayax, a global payment solutions and management platform for unattended retail, has announced the opening of a new office within Europe, Nayax Europe UAB. Nayax Europe will be situated in Lithuania, the issuing country of the required operating license for
Read MoreLithuania Introduces Remote Fintech Licensing
Bank of Lithuania – the country’ regulator – has introduced a procedure which will allow companies to apply remotely for Fintech licences. T his regulatory technology tool willfacilitate the process of submitting and managing applications for e-money and payment institution
Read More10 Exciting Fintech Startups from Lithuania to Keep an Eye on
Lithuania, which have been promoting itself as gateway destination to the European market for fintech startups from across the world, has seen its digital finance and fintech sector grow rapidly in the past years. In 2017, the country saw no
Read MoreBearingpoint’s Regtech Solutions Open Up Lithuanian Market
BearingPoint’s RegTech platform Abacus has been taken up by Citadele Bank Lithuania. With the Lithuanian commercial bank, the international management and technology consultancy BearingPoint adds a new country to its global footprint. Citadele Bank decided for BearingPoint’s tried and tested
Read MoreLithuania to Introduce Blockchain Sandbox in 2019
Lithuania is looking to become the first ever country to offer entities from around the world the opportunity to register and manage companies using blockchain technology. These Virtual Limited Liability Companies (VLLCs) would benefit from an innovation-friendly “sandbox” regulatory system
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