Tag "PayRay"

Lithuanian Fintech PayRay Throws Its Doors Open as a New Commercial Bank

PayRay, a Lithuanian fintech company, has now launched its banking operations after securing a banking license from the European Central Bank (ECB). The bank will soon start accepting deposits from Lithuanian customers (private individuals), which will be accepted in Euros

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Fintech Startup PayRay Got a Lithuanian Banking Licence

Following the assessment and proposal of the Bank of Lithuania, the European Central Bank (ECB) granted PayRay, UAB a banking licence, authorising it to receive deposits and other repayable funds. The company is currently providing factoring services and microcredits to

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