Lithuania
Fintech Lithuania Market Insights: Fewer Investments, but We Will Strengthen Competitiveness
The financial technology sector in Lithuania continues to develop. There is a steady increase in the number of people employed, the turnover of companies, and more taxes are being paid. However, it is predicted that in the background of global
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HK Fintech Unicorn Airwallex Plans Growth in Lithuania
Motivated talent and a forward-thinking regulator – that is what a leading financial technology platform Airwallex cites among the reasons for establishing operations in Lithuania. After obtaining an electronic money institution (EMI) licence from the Bank of Lithuania, the company
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The Future of Travel is Here: Are Businesses More Open to Crypto Payments?
Technology is something that tends to introduce itself to our lives first in the realm of conversation, whether it is as the result of the announcement of a new product or a prediction by an expert as to what will
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Practica Capital Closes €70M Early-Stage Baltic Entrepreneurs Fund Raise
Vilnius-based Practica Capital announced the first closing of its €70M target size Practica Venture Capital III fund at €32M. The fund will focus on backing the Baltic founders from pre-seed to A round, making it the biggest such dedicated vehicle
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Investment App Fundvest Launches in Lithuania
Financial brokerage company Fundvest launches a new mobile application in Lithuania that provides access to the stock exchanges of the United States of America and the European Union. Using the app, users can purchase stocks and ETFs, conduct automated investing,
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In Lithuania, Changes to Legislation are Expected to Attract Fintech Talent
Earlier this year, the Lithuanian parliament approved amendments to the Labour Code, a development which the government hopes will help attract more highly qualified technology specialists from abroad but also entice highly skilled Lithuanian citizens who have left the country
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Paysera Clients Can Now Send Money to 149 Countries With Airwallex
Lithuanian payment processor Paysera has partnered with payments infrastructure platform Airwallex to enable its clients to send money to 149 countries and open IBAN accounts of 9 countries. Paysera is a licensed e-money institution providing payment gateways, currency conversion, payment
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Lithuania’s SME Finance Expands its Footprint to Finland
Lithuanian financing platform SME Finance has opened for business in Finland to provide loans to smaller businesses, including those with trading histories of under two years. Finland has a highly concentrated banking sector, with the top three banks controlling 80%
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5 Baltic Startups Selected for the Lighthouse FINITIV 2022 Fall Programme
15 fintech companies – five from the Baltic region and 10 from the Nordic region – were selected to participate in Mastercard Lighthouse FINITIV’s 2022 fall programme. Since its launch in 2018, the Mastercard Lighthouse FINITIV programme has been the
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Estonia’s Fairown Expands to Lithuania with Inbank and Topo Centras Partnership
Fairown, an Estonian fintech company that offers products-as-a-service to banks, brands, and retailers, is expanding its offerings in the Lithuanian consumer electronics market by partnering with local bank Inbank and retail consumer electronics company Topo Centras to launch the solution
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