FinTech EN

Bitcoin advanced for a third session on Wednesday, edging closer to its record highs of 2017 that spurred a global mania among investors and resulted in a violent crash.

On 27-28 November 2019, European and global fintech companies, investors and everyone interested in the latest financial technology will turn their attention to Lithuania. Here the largest financial technology conference "Fintech Inn" in Northern Europe and the Baltic States will be held for the 4th...

The LBChain project has garnered significant attention among European FinTech companies: with 21 registrations from countries such as Belgium, Poland, Lithuania, the Netherlands, Finland, Serbia and Sweden, no more than 6 applicants will be deemed eligible to move forward.

Factris, the Amsterdam-based provider of factoring services has merged its operations with Lithuanian Fintech company Debifo. Factris intends to scale its development team and operations in Lithuania to accelerate the development of its factoring platform and execute on its ambition to become the Pa...

2018 was another hugely successful year for Fintech in Lithuania and saw the country cement its status as one of Europe’s leading Fintech hubs. The sector expanded by 45% and saw big names in the industry like Revolut and Google receive licences from the Bank of Lithuania.

Lithuania's image on the international scene is promising: in 2017 alone, 35 fintech companies were established here, and a few weeks ago the 16+1 Heads of Government of China and the countries of Central and Eastern Europe agreed to set up a financial technology coordination centre and organise a h...

Risks in connection to investments in the rapidly growing sector of financial technologies, also known as fintech, are under control, and the licensing requirements remain high, the central Bank of Lithuania said on Monday.

The fact about Lithuania as one the most favourable and friendly jurisdiction for FinTech companies, planning to offer payment service across the EU is spreading out. 30 electronic money institutions had activity licences issued by the Bank of Lithuania licenses in 2017, as in 2016 there were just 1...

Favourable conditions for the development of financial technologies (FinTech) in Lithuania have already attracted numerous domestic and foreign companies. Upon implementation of planned initiatives for fostering FinTech development, the sector is likely to attract more investment and create more job...

Electronic payment system company PayPal is interested in investment opportunities in Lithuania, says Lithuanian President Dalia Grybauskaitė's adviser after a meeting with the company's representative in Davos on Thursday.

The Startup Visa programme initiated in Lithuania nearly a year ago to attract foreign talents to Lithuania has gained momentum. The geography of young entrepreneurs aspiring to set up innovative startups in Lithuania stretches from China to the United States of America, and their business ideas are...

Nobel Prize winner and Yale Professor Robert Shiller overshadowed the entire Fintech Conference on Thursday in the Radisson Blue in Vilnius. More than 500 policy makers, academics and business representatives from Lithuania, the United States, Sweden and several other countries attended the conferen...

Revolut has announced this week that it has applied for a European Banking Licence and begun building its own in-house payment processor as the London-based fintech pursues its vision of building the first global banking app, Revolt wrote in a press release.

Luxembourg wants to cooperate with Lithuania in the areas of telecommunications, information and finance technologies, satellites and logistics, Grand Duke Henri said in Vilnius on Thursday.

Revolut has taken a further step towards positioning Lithuania as a key market as the innovative fintech announces the launch of a Vilnius-based office and team.

Simplex, an Israeli financial technology (fintech) and cybersecurity start-up, has chosen Lithuania ahead of the likes of Luxembourg, Cyprus and the UK as the location for its new global supervision and sales team. The company plans to employ around 20 experts in sales, support, Fraud analysis, mark...

FinTech company Moneta International, which provides payment services predominantly for the e-commerce sector through an online platform, has set up its global headquarters in Vilnius, the capital of Lithuania, and is now gearing up for substantial expansion in the near future. Total investment is e...