Lithuania

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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Scandinavian Markets Conquered by a Solution Developed in Lithuania

Five years ago, Danish consumers were introduced to a new app, MobilePay. The free of charge and user-friendly solution gave smartphone owners the opportunity to make instant payments knowing just the phone number of the beneficiary. This was the start

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TransferGo receives EMI license from Bank of Lithuania

In July, Bank of Lithuania granted an electronic money institution (EMI) license to TransferGo. “We believe that this license will allow us to offer an even better product for international payments in the European Economic Area, because when you hold

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This Fintech Startup Makes Investing in Real Estate as Simple as Shopping Online

Corporate bond offerings were always one of the most compelling ways to invest. Usually, it is considered a big players game. But Lithuanian real estate development crowdfunding startup Röntgen is about to disrupt that stereotype. The platform successfully distributed 14-months

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Lithuania Welcomes Blockchain and Creates a Growing Crypto Ecosystem

The world is dealing with a widespread adoption of cryptocurrencies, and it’s not an easy ride. Bitcoin, the world’s largest digital currency, is down more than 50% this year, and 66% down from its all-time high of almost $20,000 in

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