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Fintech in Baltic

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Nine Lithuanian Institutions Join Forces in Fintech Risk Management
Lithuania

9 Lithuanian Institutions Join Forces in Fintech Risk Management

Fintechnews BalticApril 24, 2019

Lithuania highly visible on the global Fintech innovation map also becomes a relevant risk management competence centre. By the initiative…

Lithuania at the Forefront of Fintech Regulation
Lithuania

Lithuania at the Forefront of Fintech Regulation

Fintechnews BalticApril 3, 2019

Marius Jurgilas, Member of the Board of the Bank of Lithuania, met with experts from the International Monetary Fund (IMF)…

Alternative Lending in Baltics
Baltic

Baltic Bank’s Market Share Being Chipped Away By Crowdlending

Fintechnews BalticMarch 20, 2019

In the ever-growing European alternative finance market, Lithuania – together with other Baltic countries – shows peculiarly favourable results among…

Lithuania

Earthport Receives European Payment Institution license in Lithuania

Fintechnews BalticMarch 19, 2019

The Lithuanian subsidiary of London-based cross-border payments facilitator Earthport  – Earthport Payment Services UAB – has been granted a Payment…

How Estonia is Secretly Rising to Be Europe's Startup Nation
Estonia

How Estonia is Secretly Rising to Be Europe’s Startup Nation

Fintechnews BalticMarch 14, 2019

With one of the highest rates of startups per capita in Europe, Estonia is considered by many as a startup…

Vilnius Positions Itself as a City-Sized Sandbox for Technology Businesses
Lithuania

Lithuania Positions Vilnius as a City-Sized Sandbox for Technology Businesses

Fintechnews BalticMarch 14, 2019

The Lithuanian capital Vilnius is emerging as the world’s biggest tech sandbox. At an important crossroads of Europe, Vilnius has…

Lithuania

UK Blockchain Opens Newest Office in Vilnius

Fintechnews BalticMarch 8, 2019

Blockchain.com announced the opening of a new office in Vilnius, Lithuania. The office, which is Blockchain’s fifth location, will be…

Kontomatik Ready to Operate in 11 EU Countries as an AISP-
Lithuania

Kontomatik: Thanks to Lithuania’s Service License- Ready to Rock in 10 Countries

Fintechnews BalticMarch 7, 2019

On 17th of February 2019 The Bank of Lithuania granted a license to Kontomatik UAB to provide AIS (Account Information…

Bank of Lithuania Position on Virtual Assets and ICO Reflects Changing Market Realities
Lithuania

Bank of Lithuania’s Position on Virtual Assets and ICO

Fintechnews BalticFebruary 25, 2019

Taking into account current market developments and evolving regulatory regimes as well as seeking to ensure a level playing field…

€100M NordicNinja VC Fund Officially Launches Operations in the Nordics and Baltics
Baltic

€100M NordicNinja VC Fund Officially Launches Operations in the Nordics and Baltics

Fintechnews BalticFebruary 22, 2019

NordicNinja VC by JB Nordic Ventures has officially launched its new €100M VC fund in partnership with Panasonic, Honda, Omron,…

Leading Fintech Company Factris Announces the Expansion and Investment Plans in Lithuania
Lithuania

Lithuanian Fintech Company Debifo Merges with European Company

Fintechnews BalticFebruary 19, 2019

Factris, the Amsterdam-based provider of factoring services has merged its operations with Lithuanian Fintech company Debifo. Factris intends to scale…

“Paysera” Consolidates its Presence in the Baltics
Estonia Latvia

Paysera Consolidates its Presence in the Baltics

Fintechnews BalticFebruary 12, 2019

A Lithuanian electronic payment system “Paysera” makes one more step and firmly establishes in all Baltic states by starting operating…

Lithuania

Lithuania’s Fintech Results In 2018: Rising Potential

Fintechnews BalticFebruary 4, 2019

Over the year, the number of Lithuanian-based FinTech companies and their employees grew by more than 40%. In addition, by…

Lithuania

Google Granted an Electronic Money Institution License in Lithuania

Fintechnews BalticDecember 21, 2018

The Board of the Bank of Lithuania has granted Google Payment Lithuania UAB an electronic money institution license authorizing to…

After Revolut, What's More for Lithuanian Fintech
Lithuania

After Revolut, What’s More for Lithuanian Fintech?

Fintechnews BalticDecember 19, 2018

If fintech licensing is a race, then Lithuania is definitely ahead of the pack. According to data gathered from regulatory…

Finland Nordics Sweden

Nordea Takes Open Banking beyond PSD2

Fintechnews BalticDecember 18, 2018

Nordea is launching Instant Reporting, a new Open Banking solution that enables corporate customers to access their own accounts and…

Revolut-Banking-License
Lithuania

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

Fintechnews BalticDecember 13, 2018

Revolut together with the Bank of Lithuania have announced that the challenger bank received a Specialised Bank License, which will…

Chinese Fintech Company Paytend Opens European HQ in Lithuania
Lithuania

Chinese Fintech Company Paytend Opens European HQ in Lithuania

Fintechnews BalticNovember 30, 2018

Paytend Technology, a Chinese company developing and selling financial services software, has announced choosing Vilnius, Lithuania, for its European headquarters.…

Astana Financial Services Authority And Bank Of Lithuania Sign Co-Operation Agreement To Promote Innovation In Financial Services
Lithuania

Kazakhstan and Lithuania Sign Co-Operation Agreement To Promote Fintech

Fintechnews BalticNovember 19, 2018

The Astana Financial Services Authority (“AFSA”) has established a cooperation with Bank of Lithuania. The Agreement provides a framework for…

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

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

Fintechnews BalticNovember 14, 2018

Last week, Lithuania held the largest financial technologies (fintech) conference in the Baltic States – the Fintech Inn conference -…

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