Lithuania

Revolut Becomes First Non-Bank to Secure EU Banking License from Lithuania

Revolut together with the Bank of Lithuania have announced that the challenger bank received a Specialised Bank License, which will allow offering and passporting an even wider range of solutions to customers in Europe. The move of getting a license

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Chinese Fintech Company Paytend Opens European HQ in Lithuania

Paytend Technology, a Chinese company developing and selling financial services software, has announced choosing Vilnius, Lithuania, for its European headquarters. The company plans to hire up to 50 highly qualified professionals in the fields of sales marketing, compliance, product development

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Kazakhstan and Lithuania Sign Co-Operation Agreement To Promote Fintech

The Astana Financial Services Authority (“AFSA”) has established a cooperation with Bank of Lithuania. The Agreement provides a framework for co-operation, information sharing and referrals in fintech innovations area between the AFSA and Bank of Lithuania. Parties believe that through

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Lithuania Expects A Significant Growth In The Number Of Fintech Companies Next Year

Last week, Lithuania held the largest financial technologies (fintech) conference in the Baltic States – the Fintech Inn conference – with more than 1.300 attendees. With the help of world-class experts (both home-grown and international), the country seeks to increase

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What Keeps Us from Lithuanian Skype Success: Startups and Banks Have Different Visions

“We are on the right path to finally make a spurt with the Lithuanian Skype. If startups get the support of banks we will witness a much faster breakthrough which will result in a win-win situation for both sides“, says

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FinTech Week Vilnius: From Future Payments to Blockchain Revolution

For the first time in Lithuania starts “Rise Vilnius FinTech Week” which will take place from 22 to 26 October 2018 in Vilnius. Everyone interested in FinTech industry will have the opportunity to hear more about the development of this

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Fintech Cooperation Between Central Banks of Lithuania and Ukraine

The Bank of Lithuania and the National Bank of Ukraine have agreed to work together to facilitate development of financial innovations. The Co-operation Agreement in the Area of Innovation Development between the two institutions was signed on the sidelines of

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Vying for International Fintech Startups, Lithunia Launches Regulatory Sandbox

Taking advantage of the Brexit fallout, Lithunia has been seen to be aggressive in positioning itself as a fintech friendly destination in Europe. While it is not the first country that comes to mind as the next-in-line as a fintech

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Bank of Lithuania – Winner of Central Banking’s First Catalyst Award

The Bank of Lithuania has been selected as the winner of the first Catalyst Award in the FinTech & RegTech Global Awards 2018 organised by Central Banking. The award was given and the Bank of Lithuania’s activities in the field

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Fintech Baltic Officially Launched – Latest News Fintech News from Estonia, Lithuania and Latvia

The Baltic States, namely Estonia, Latvia and Lithuania, are an exciting place to be for financial services companies and fintech startups. The region is quickly becoming a prominent hub for fintech companies, and is home to not only successful ventures

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