Lithuania

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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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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