Lithuania

UK-Based Embedded Finance Platform Railsr Sold to Consortium
UK-Based Embedded Finance Platform Railsr Sold to Consortium
March 09, 2023  |  Acquisitions

Railsr, formerly known as Railsbank, has been sold to a consortium of global investors. The change of control of the embedded finance platform has been...

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Baltics Accelerate Real-Time Adoption Amid Faster Payment Headwinds in Europe
Baltics Accelerate Real-Time Adoption Amid Faster Payment Headwinds in Europe
March 05, 2023  |  Real-Time Payments

The Baltic region, with a population of over 6 million, has grown into a thriving FinTech hot spot in Europe and a regional frontrunner in...

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EU Crypto Exchanges Capitalize on Post-FTX Uncertainty to Attract Users
EU Crypto Exchanges Capitalize on Post-FTX Uncertainty to Attract Users
January 12, 2023  |  Cryptocurrency

The EU cryptocurrency ecosystem has welcomed two new cryptocurrency exchanges this month. Following the sector’s renewed focus on risk management after the spectacular collapse of...

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Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
Report: Lithuanian Apparel Resale Site Vinted Aims for US After Dominating Europe
November 28, 2022  |  Retail

The fastest growing apparel reseller in Europe is looking to bring its game to the U.S. market. This, as Vinted is expanding beyond its base...

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FinTech Banks Fill SME Funding Gap Created by Russia-Ukraine Conflict
FinTech Banks Fill SME Funding Gap Created by Russia-Ukraine Conflict
August 22, 2022  |  Digital Banking

In the post-Brexit scramble to maintain their European footholds and take advantage of European passporting rules, a slew of U.K. businesses turned to FinTech-friendly Lithuania,...

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Lithuania’s Startup Scene Shows Resilience in the Face of Looming Russia Threats
Lithuania’s Startup Scene Shows Resilience in the Face of Looming Russia Threats
June 22, 2022  |  Startups

Amid Russian threats to punish Lithuania over blocked rail shipments to the enclave of Kaliningrad, Lithuanians today are bracing themselves for retaliation from Moscow. Yet...

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Lithuanian FinTech kevin Nets $65M for A2A Infrastructure
Lithuanian FinTech kevin Nets $65M for A2A Infrastructure
May 04, 2022  |  Investments

Lithuanian fintech kevin., which provides an A2A payment infrastructure intended to replace card transactions, has gotten Series A funding for $65 million, a report says....

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Today in FinTech: Payment Options Are Key to LatAm Streaming; IGT Sells Payments Arm; Tribal Partners With Visa
Today in FinTech: Payment Options Are Key to LatAm Streaming; IGT Sells Payments Arm; Tribal...
February 28, 2022  |  Fintech Investments

In today’s FinTech news, streaming services are big in Latin America, but a myriad of payment options are needed for success, according to Paramount. Meanwhile,...

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FinTech-Friendly Lithuania Raises Alarms After Russia’s Invasion of Ukraine 
FinTech-Friendly Lithuania Raises Alarms After Russia’s Invasion of Ukraine 
February 28, 2022  |  International

The home country of FinTech companies such as Revolut or the account-to-account payment platform Kevin recently declared a state of emergency in response to Russia´s...

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