Lithuania will become DriveWealth’s base of operations for its European brokerage partners with plans to expand the team based in Lithuania. DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, today announced that the Bank of Lithuania, the central bank of the Republic…
Bank of Lithuania
As a result of the threat posed to the safe and sound operation of Kevin EU, UAB and the interests…
The main institutional actors in Lithuania’s Fintech ecosystem signed a Memorandum of Understanding confirming the National Fintech Guidelines for 2023-2028.…
The Bank of Lithuania has entrusted development issues to a specialised Centre for Financial Market Development in order to promote…
Revolut has received a banking license issued by the European Central Bank, following a proposal by the Lithuanian central bank.…
The value of payment transactions by electronic money and payment institutions in Lithuania grew 6.3x year on year, and their…
The Bank of Lithuania invites payment market participants and technology companies to participate in an experiment and together develop a…
Bank of Lithuania published the peer-to-peer (P2P) insurance guidelines, which present its assessments, insights and recommendations on InsurTech financial innovations…
The Bank of Lithuania has warned a virtual currency exchange operator Binance about its unlicensed investment services provided in Lithuania…
A feasibility study carried out by the Bank of Lithuania has shown that one of the key elements in open…
The Bank of Lithuania has penned a Dear CEO letter to the managers of electronic money and payment institutions operating…
Ooniq, peer-to-peer insurance platform of Workpower, has completed a year-long of testing within the Bank of Lithuania’s regulatory sandbox. The…
The European Central Bank (ECB) has granted Lithuanian capital company SME Digital Financing a specialised bank license following the assessment…
Bank of Lithuania reported that the number and value of payments made through its payment system CENTROlink had doubled in…
Over the first three quarters of 2020, the total number of payment transactions as well as income of electronic money…
The European Central Bank (ECB) granted its sixth specialised bank license to Crius LT, UAB following the assessment and proposal…
The Bank of Lithuania issued electronic money institution licenses to UK companies FIDELIS EUROPE, UAB, and DiPocket, UAB. This authorises…
The Board of the Bank of Lithuania has granted an electronic money institution license to Curve Europe UAB, a subsidiary…
The Bank of Lithuania, together with ACAMS Baltics Chapter, Fintech Hub LT and the Association of Lithuanian Banks, organised a…
In the first half of 2020, the number of payment transactions and income of electronic money and payment institutions (EMIs/PIs)…